Who wouldn’t love to travel around the globe? No one, correct? Planning to go on a vacation is one thing, but to prepare for the journey is something different. While it’s exciting to think about the adventures and fun that await you on the journey, it’s also important to think about safety. You do many things while preparing for the trip, from booking flights to looking for the best accommodations. However, the most essential element that is going to protect you throughout is- travel insurance.
In this blog, you will find all your answers on why you should consider travel insurance for travelling abroad.
What is Travel Insurance?
Travel insurance is a type of insurance that protects you financially from various risks that may arise during your journey. When you purchase insurance for travelling, you will receive coverage for the following incidents:
- Lost luggage & Lost Passport: It’s common for airlines to lose your luggage while at check-ins
- Flight Delays: Flights can be delayed due to bad weather
- Flight Cancellations: You are allowed to cancel flights in case of emergencies
- Emergency Evacuation: Evacuating the patient to the home country or medical facility
- Insured’s Death: Death of a person due to an accident
- House Burglary: Protection against theft while you are travelling
- Baggage Delays: Reimburses for delayed baggage at the airports
Which Insurance Should You Purchase While Travelling Abroad?
Travel insurance is your best companion while taking a much-needed vacation. If you plan to go abroad for your upcoming vacation, you should opt for an international travel trip insurance plan.
Abroad travel insurance provides coverage for risks outside your home country. It covers a variety of situations, including lost or theft of personal belongings, missed connecting flights, and many more emergencies, providing peace of mind.
Let’s explore various reasons why travel insurance for travelling abroad is required:
- Medical Coverage: Medical treatment is expensive, especially abroad. Not having a backup can lead to significant expenses. Having insurance while travelling offers financial protection and ensures access to quality healthcare during medical emergencies.
- Financial Protection: If you cancel your flight due to family or medical emergencies or if it is delayed due to bad weather conditions such as fog or thunderstorms, you will be covered for these expenses only if you have insurance.
- Provides Replacement for Luggage: Losing or stealing luggage is extremely common while travelling. Having insurance provides coverage for such scenarios.
- Protects your House: Several insurance plans protect your home against house burglary while you are away, thus making insurance a necessity while travelling.
- Emergency Assistance: Insurance will provide 24×7 assistance. Whether it is providing coverage for transportation to the nearest healthcare facility or back home to your country in the event of a serious health issue.
A Few Things to Keep in Mind While Choosing the Insurance Plan
When purchasing insurance for your travel journey, it’s necessary to consider various factors, as insurance plans vary depending on the insurer. It’s important to choose a comprehensive insurance plan.
Consider the factors below while choosing the insurance plan that aligns with your needs.
- Coverage: It’s imperative to know what the insurance plan covers, including lost luggage, flight or baggage delays, and more.
- Destination: If you choose a location that is considered high-risk, the cost of your plan may rise. You should consult your insurance provider before purchasing the plan.
- Medical History: If you have any prior medical condition, you should inform your insurance provider. Failing to do so may lead to plan cancellation.
- Claims Process: You should research the insurer’s reputation and review their claim settlement process. Ensure that the insurer must have efficient claims processing.
- Flexibility: Look for insurance options that can be customised as per your needs. For instance, offering riders such as adventure sports coverage for better customer experience.
How to Choose the Appropriate Travel Insurance?
Amongst numerous insurances available, you should do your research carefully to get your hands on the best plan. Follow the steps mentioned below to find the suitable plan:
- Assess your Needs: Consider when, where, and for how long you are planning your vacation. Then, determine the type of plan and coverage you want.
- Compare Plans: Conduct research on various insurance providers and compare their insurance plans. It is preferable to obtain quotes for insurance plans tailored to your specific travel needs.
- Review Policy: It is necessary to review the terms and conditions of the insurance plan. This will help you understand the exclusions and inclusions of the plan.
- Choose a Plan: After researching, comparing, and reviewing, select the plan that you think fits within your budget preferences and aligns with your needs.
Summing it Up
Travel insurance is your safety net that provides financial assistance against unforeseen events during your trip. While it is not necessary to opt for insurance when travelling in India or outside India, having one offers you coverage in various circumstances, such as losing luggage or passports, delayed flights, etc.
If you are planning a vacation or getaway and are looking for an insurance provider but are confused by the variety of available options, choose Niva Bupa Travel Insurance. They are one of the leading insurance providers in India, offering unique and comprehensive policies that address the diverse needs of travellers. Niva Bupa ensures that you are protected throughout your journey so that you can fully enjoy it.
