Travel has become an integral part in today’s time. There is once in a lifetime that almost every person travels from one place to another for particular reasons ranging from leisure to work to pilgrimage to research or for studies. It is also very important to safeguard one’s interest before embarking on such a journey for whatever reasons.
Untold risks are associated while travelling. Keeping these things in mind, it is always important to opt for travel insurance which takes care of problems arising during the course of travel like Loss of Passport, Loss of Baggage, Personal Accident, Medical Emergency or sickness, Trip Cancellation, and other associated risks encountered while travelling.
Before Opting for travel Insurance, it is also important to understand different types of Travel Insurance for better understanding before taking a trip.
Domestic travel insurance
Domestic travel insurance is an insurance offered to customers for travel within India. It is a policy which protects the policy holder in case of problems while travelling. It provides coverage for medical emergencies during the course of travel, permanent disability and death, baggage loss, travel delay and personal liability. Any Indian citizen travelling within India can purchase domestic travel insurance. Foreigners, who have work permit to work in India, can also purchase Domestic Travel Insurance for travelling within India.
The Domestic Travel Insurance Policy is non-refundable.
It is very important to buy International travel insurance before embarking on a foreign trip for any purpose. It provides protection against unseen medical and non-medical emergencies during the course of the trip. Any traveller who is below 85 years of age needn't undergo the medical check up for the purpose of buying International Travel Insurance. It helps in being worry free on a foreign trip.
The policy gives coverage for medical expenses overseas, hijack, baggage and travel delays, repatriations/evacuation to India, and loss of travel documents/passport besides the usual coverage offered in normal travel insurance.
This is an important policy to buy when you are travelling abroad alone. It offers various benefits along with normal benefits like Emergency medical expenses, Repatriation in case of medical emergency, Repatriation of mortal remains, any dental emergency expenses following an accident, Compensation following accidental injuries, Baggage Loss and other benefits.
Annual multi-trip travel insurance (Corporate travel insurance)
This is a policy for students who are travelling abroad for further studies. It offers comprehensive coverage in the form of expenses incurred on medical treatment, passport loss and other reasons leading to study interruptions.
This insurance caters to the age group of people between 61 and 70. It offers coverage for dental treatment and cashless hospitalisation along with normal travel insurance coverage.
This is policy for entire family and the entire family is covered under one policy. It offers coverage for hospitalization, baggage loss, and other incidental expenses.