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kyc for travel insurance: everything you need to know
Feb 27, 2023

Here Is How You Can Plan A Pocket-Friendly Vacation

It is always a good idea to sometimes break away from the fast pace of your urban life and take a tour of some part of the world. But, as you already know, travelling to your dream destination could prove to be a costly affair. However, thanks to the era of the internet, you can figure out cost-effective ways to do so, if your finances do not allow for the exorbitant travel costs you could incur. This article will teach you the top five ways of planning a budget-friendly vacation. Read on to know more.

Consider travelling locally

At some point in time, you must have considered visiting places like Switzerland, Iceland, or Greece for your next trip. But, if you have a budget constraint, the good news is that there are several exotic and budget-friendly places in India you can visit. Some of the most scenic places you can visit within India itself are McLeod Ganj, Shimla, Igatpuri, and Rishikesh. You should consider going to these places if you haven’t already and are strapped for cash.

Compare prices across all ticketing/lodging platforms

Several mobile or desktop-based ticketing and accommodation-providing applications exist in today's time. All of them list places to stay and travel options at various price points. Chances are that you may even find two different prices for a flight ticket or hotel on two different apps. Hence, it is always recommended that you scour the internet and find the most cost-effective travel and accommodation and compare them before making your final bookings.

Get a travel insurance cover

Tragedies can strike anytime while you are out and about exploring a part of the world you probably haven’t explored whether you are touring domestically or internationally. These uncertainties make it prudent for you to get a travel insurance policy for international as well as domestic destinations. Such insurance covers will guard you against the financial damage associated with tragedies such as theft, accidents, or baggage loss, among several others. Note that when an insurance provider provides travel insurance policies, they each may cover a slightly different set of things. Hence, you must choose a travel insurance policy wisely. Sure, it will bump up your travel budget, but it will save you a lot of money if anything goes south. * Standard T&C Apply

Look for cost-effective travel options

There are different ways to reach your dream destination depending on where you want to get to. If you plan on visiting a place that falls within the borders of the country, maybe you should consider getting there by train. Since India has a broad railway network, travelling by train is most certainly going to be a cost-effective affair. Most of the trains that travel from one Indian city to another are fully equipped with comfortable beds and air conditioners. Also, many of them also house a fully functioning kitchen, which will serve hot and fresh food on the train itself. If you are planning to get from point A to B while travelling abroad, you might consider using their local train network too; for it will save you thousands of rupees, if not lakhs.

Look for budget-friendly places to visit

Every now and then, while you are travelling, you will want to visit a restaurant or a club to make your nights in a foreign city more memorable. These activities, if not budgeted for properly, can put a serious dent in your bank account. Hence, it is best to look up such establishments before getting there, so that you can budget for them.


Travelling can drain a significant amount of your savings. You will, in fact, lose more money if something untoward happens during the same and if you have not taken a travel insurance policy. So, before you plan your itinerary, consider looking at travel insurance covers for international and domestic travellers on our website. Also, you can also run a comparison of travel insurance policies on our website with the help of our travel insurance premium calculator. If you want to know what is covered in travel insurance policies, help yourself to the relevant section of the Bajaj Allianz website and find out for yourself.   Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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