What Is Covered By Travel Insurance?
Mar 5, 2021

What Is Covered By Travel Insurance?

Whether it is for work or leisure, frequent travelling has become a major part of the lives of today’s generation. However, our travel plans often go through unpreventable circumstances that may cause distress and ruin the smooth travelling experience for us. Misplacement of baggage, missing a flight, etc. are some examples of unpleasant situations that may occur while travelling. To prevent such unfortunate circumstances, getting travel insurance is the most viable course of action.   Travel insurance is a wonderful medium that safeguards you against numerous travel-related emergencies and unforeseen medical expenses. This article will answer all your travelling doubts and help you understand more vividly, what is covered by travel insurance? So let us begin!

What are the Types of Travel Insurance in India?

Before moving ahead to the fundamental question of our article, what does the travel insurance cover, let us first understand the types of travel insurance available in India.   The following are some of the most prevalent types of insurance:

●      Domestic Travel Insurance

This insurance can be bought by people who are travelling within the boundaries of India. The policy protects the holder against dreadful travelling incidents such as loss of baggage, medical emergencies, travel delays, permanent disability, and even death.

●      International Travel Insurance

Getting international travel insurance while going overseas is a practical and smart decision. When travelling abroad, the possibility of having an unfavourable circumstance is more. Besides, you do not want to waste all your time fighting over your misplaced luggage or any such problem.   Hence, it is always recommended to have international travel insurance to protect you from medical expenses overseas, baggage and travel delays, loss of travel documents, etc.

●      Medical Travel Insurance

Medical travel insurance is specifically designed to cover the expenses originating from medical emergencies and healthcare-related concerns. This policy is highly advised to people having acute or chronic medical issues who travel frequently & also travel insurance for senior citizens is a wise that caters to the elderly. The covered aspects of the policy may differ from insurer to insurer.

●      Single Trip Insurance

This insurance policy is apt for people who travel once or twice a year. The single trip insurance policy provides coverage to the policyholder only on the specified dates of the travel. This insurance is less expensive than other insurance types and provides all necessary coverage required for a travel journey.

●      Multi-Trip Insurance

Multi-trip travel insurance is suitable for people who are always travelling due to business, work, or pleasure. The insurance policy keeps you insured no matter where you go for an extended period of time. This policy provides all major coverages and is a cost-effective option for people who spend most of their time travelling.

What is Covered by Travel Insurance?

Now that we are aware of what is travel insurance, we must look into, what does the travel insurance cover for you. Let us go ahead and study it through the given pointers.

1.     Trip Cancellations

Trip cancellations are one of the biggest problems that people face. Various work or health situations may lead to cancellation of your trip. However, if you have valid travel insurance, your insurance company will reimburse your ticket spendings, depending upon the sum assured in your policy.

2.     Loss of Passport or Baggage

Loss of your passport or baggage happens more often than you think, especially on an international trip. The travel insurance covers all expenses associated with regaining lost luggage, passport, and other documents so that you enjoy a worry-free trip.

3.     Delayed Flights

Missing a connected flight due to delays in your current flight is quite common. Also, many times the weather conditions force airlines to cancel their flights. In situations like these, travel insurance comes handy and helps you recover the costs spent on buying tickets for your trip.

4.     Emergency Evacuations

Evacuation from a faraway place from your home due to some natural calamity or terrorist activity can be highly expensive. Unfortunately, if you get stuck in such a situation, having travel insurance will be highly valuable. It will cover the expenses incurred to bring you back to your home safely.

5.     Medical Emergencies

The cost of medical attention and procedures are extremely expensive abroad, especially in western countries. To save you from such financial liabilities, it is suggested, to always have travel insurance that can help cover all medical-based costs in case you fall sick while travelling.

6.     Hospitalisation Expenses

Travel Insurance pays for the costs of the hospital if you fall sick and get hospitalised while travelling to your destination. People having medical problems must consider taking this insurance policy.

7.     Accommodations In Case Of Emergencies

Travel insurance may pay you additionally for your accommodation expenses as a compensation cost in case there are delays or cancellation of your flight due to certain emergencies. However, the policies may differ for different insurance companies.

Frequently Asked Questions (FAQs)

  1. Can travel insurance policies be extended?

Yes, one can extend their travel insurance policy before or after its completion.  
  1. What are some good travel insurance companies?

Some of the best companies that provide travel insurance in India are Bajaj Insurance, Travelex, InsureMyTrip, etc.

Final Thoughts

Now that you know that, what is covered by travel insurance? You can say that travel insurance is a great way of protecting you, your belongings, and the experiences of your trip from all sorts of bad situations. So if you are planning a trip, do compare insurance travel and choosing the right fit for your trip to stay away from terrible unheard happenings and to enjoy a worry-free trip.

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