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Make Sure to Clear These Doubts Before Buying a Travel Insurance Policy

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A travel insurance policy is one of the most essential investment when it comes to travelling, especially when travelling abroad. Its importance, in particular, is due to the different types of perils against which it safeguards. Flight disruptions, medical emergencies, travel risks are some examples to name a few.

However, many buyers either overlook or skip buying one due to the common misconception that it increases the cost of your overall travel plan. But when you weigh the benefits that it offers, they are far more compared to the price you pay for it. Here are four reasons why you should not skip buying one:

  • Coverage for medical exigencies
  • Coverage against travel risks
  • Protection against trip cancellations, curtailment, etc.
  • Other travel-related assistance

* Standard T&C Apply

With the importance of a travel policy clearly laid down, here are a few doubts that you might have before buying a travel insurance online that are answered below:

Do I need a travel insurance at a young age?

A travel insurance policy comes handy for all ages. Whether young or old, a travel plan helps to manage all travel-related concerns like loss of baggage, passport, liability coverage and even a health cover in foreign land. Whether you are a professional travelling or work or a student travel insurance is beneficial.

How much medical insurance coverage is available with a travel insurance policy?

The amount of medical insurance in your travel policy is based on the policy terms. Different plans of various insurers offer different coverage. Based on the choice of pan, the amount of medical coverage in your policy is defined. Thus, you can take advantage of higher medical coverage when you buy a travel insurance for senior citizens whereas a moderate amount of medical coverage is sufficient if you are young and healthy. * Standard T&C Apply

How is the premium determined for a travel insurance policy?

The premium of a travel insurance policy is not based on any one particular factor but a combination of many factors. Age of the insured, travel duration, destination of the travel, coverage opted for are some of the factors that have a direct implication of the premium of a travel insurance plan. * Standard T&C Apply

Can the period of travel insurance cover be extended?

Yes. In case of extension of your travel pans, you can extend the period of insurance by 180 days. However, it also depends on the terms of the insurance company and you need to provide the following details for an extension of your travel policy:

  • Name of the policyholder
  • Details of the travel policy including its number
  • Original start date of the policy coverage
  • Original end date of the policy coverage
  • Extension period required

* Standard T&C Apply

Is medical check-up mandatory before buying the insurance plan?

Depending on the insurance company, a medical check-up is conducted before you buy a travel insurance plan. However, the idea behind conducting a medical check is to make sure the policyholder does not have any pre-existing ailments that require coverage, and that the policyholder is fit to travel at the place of destination. * Standard T&C Apply

Is a travel insurance a compulsory requirement?

Depending on a country’s immigration policy, travel insurance is a mandatory requirement in some countries. Despite not being compulsory in a specific country, you should consider buying one for the myriad benefit it offers.

With these commonly questions addressed, selecting a suitable travel policy can be a straightforward choice. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.

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