When thinking of holiday planning, some of the most common things people tend to think of is their itinerary. Where they want to go, what experiences they want to have, which highlights of the cuisine they want to try, and so on. However, there is a lot more to planning, such as documentation and bookings. One of the often-overlooked aspects of travel planning is travel insurance
What is Travel Insurance?
When you are travelling, be it within the country or internationally, there are a number of things that could go wrong. Some of the occurrences you may face could be the losing of your luggage, misplacing your passport, or falling sick in a foreign land. These incidents could happen to anyone, irrespective of how careful they have been.
Dealing with such incidents on your own can be a hassle. For example, if you fall sick when on a holiday, you may need to visit a doctor. If the situation is relatively severe, you may require hospitalisation. Navigating the healthcare system on your own and having to pay for it out of your pocket directly can prove to be quite taxing and expensive.
In such cases, if you have travel insurance, it can make the process easier. It will offer you health cover. This may help you cover healthcare costs and focus on getting the right treatment. Travel health insurance is not a standalone plan, but one of the many features of a travel policy.
Thus, one can understand travel insurance as a single plan with several features that keeps you and your belongings safe when you are travelling. When you buy a single travel insurance plan, you may not need to buy separate travel health insurance or any other insurance for your belongings.
Why Consider Travel Insurance?
Is travel insurance really important? If you want to ensure your financial security when you are travelling, having a travel policy becomes crucial. Moreover, having travel insurance is a requirement when travelling to some of the countries in the world, such as Schengen countries, Argentina, Romania, Turkey, and Cuba.
Before you buy a travel plan, it is important to understand what is covered by travel insurance. This will help you choose the right plan and know why having this cover is important.
Let’s take a look at a few reasons why you should consider a travel insurance plan.
Any costs incurred due to flight delays may be covered by the travel insurance policy. For example, if you buy Thailand travel insurance when travelling to Thailand, any of your flight delays will be covered by your plan.
Loss of baggage at the airport or delay in receiving the baggage is also covered by your travel policy. Any expenses incurred resultant of the baggage delay or loss can be claimed with your insurer.
Partial Trip Cancellation
You might incur additional, unplanned expenses if you were to cut your trip short due to any emergency situation. Such expenses may be covered by your policy.
If you meet with an accident while travelling, your medical expenses may be covered by your policy.
If you were to encounter a serious mishap that requires you to be evacuated from the place and brought back home for medical care, the costs may be covered by your policy. For example, your Thailand travel insurance
, when travelling to Thailand, will cover the cost if you are required to be medically evacuated from there.
Missed Connecting Mode of Transport
Due to unforeseen circumstances, you may miss your connecting flight, train, or bus. In such cases, you may have to rebook. The costs incurred are covered by your travel plan.
Emergency Medical Treatment
The cost of any health emergency will also be covered by your travel policy. This will allow you to seek necessary healthcare without having to worry about costs.
Losing your passport in a foreign land can lead to some hassle. You will require a duplicate passport. The expenses incurred for this process are covered by your insurance policy.
Accidental Permanent Disability
If due to an accident while travelling, you were to encounter permanent disability owing to an accident, you can make a claim with the insurance policy.
Your family can raise a claim and expect reimbursement if you were to pass away as a result of an accident when travelling.
While travelling, it is quite obvious to be worried about your belongings back home. Some travel policies may also cover a home burglary situation.
In a Nutshell
These are a few reasons why you should protect your holidays with a travel insurance plan. It can offer you peace of mind and allow you to enjoy your vacation without having to worry about any mishaps that you may have to face.
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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