Travel Insurance – Is it Worth Consideration?

Travel insurance, also termed as travel medical insurance is an insurance scheme offering cover against all kinds of unexpected incidents while traveling, such as accident, baggage loss, trip cancellation, loss of passport, medical aid expenses and other risks encountered while traveling.

If you are traveling internationally, then travel insurance becomes the need of the time, but even if you are traveling domestic routes, still such insurance can offer you with great benefits. This sort of insurance is easy in the pocket, and you may even have to pay a premium as less as INR 130 per month. If paying such sum can minimize all your risks related to traveling, then there is no reason why you should not go for it.

Some key benefits that you can avail through travel insurance are:

• It covers all medical expenses incurred during your trip. You have protection against any illness, injury or unexpected incidents that may come in the way of your travel without experiencing any financial contingency.
• It offers complete financial protection against accidental death, dismemberment, and disability.
• It enables you to make up for all sorts of financial loss that you might suffer during your travel or if your belongings are stolen or lost.
• It reimburses all your prepaid expenses on bookings and tickets.
• If you experience any emergency situation, such as loss of cash, then the insurance providers can offer you with the adequate rescue.
• Under the feature of emergency medical evacuation, you can obtain a transfer to seek immediate care in case of an emergency situation.
• If there is any cancellation or delay of your trip, then your travel insurance cover would reimburse you for all sorts of prepaid expenses on bookings and tickets.
• The insurance cover offers 24 x 7 support during your entire trip.

Buying Travel Insurance

 

Besides offering the above benefits, the other convenience about travel insurance is that it can be purchased with ease. Numerous companies across regions offer domestic and international travel policy. The domestic travel insurance offers protection against issues experienced during a set geographical region. On the other hand, international insurance is ideal if you are traveling any foreign nation. So, based on your needs you can select a policy. Some insurance companies even offer you the ease to upgrade your policy as per your requirements.

The basic eligibility to buy a travel cover is between 6 months to 65 years, which may vary slightly from region and plan. The coverage offered depends on the cover plan that you select, your medical condition, the length of the trip, and the region you are traveling to. 

Buying travel insurance makes sense if you wish to avail complete security for you and your family members. You can even buy travel insurance online after comparing all plans offered by various insurance companies. No travel plan offers 100% safety, but having a policy in hand can surely reduce the level of risks that you might experience during your travel.