Travel Insurance

Whenever you travel abroad you never know what lies ahead - because travelling does involve a certain amount of risk. You might fall ill or have an accident, or you might lose your money or luggage. It's during times like these when Travel insurance comes to your rescue by protecting you financially.

The Travel Insurance involves insuring the customer against the troubles like sudden medical requirement, loss of baggage, and loss of your passport etc. It protects your family during contingencies like sickness, accident, loss of passport etc. in a foreign country where spending money would really cost you much.

Travel Insurance Coverage

A typical Travel Insurance usually covers:

• Medical expenses which also include cashless facility.
• Loss or delay of baggage.
• Loss of passport.
• Personal accident.
• In addition to hospital expenses it covers hospital cash i.e. daily allowance.
• Personal liability
• Any other kind of financial emergency due to robbery or theft abroad.

The premium for Travel Insurance is determined by the following factors:

• Number of days for which you have arranged your trip.
• The country you are visiting- some countries are considered inherently more risky than others due to political turmoil, law & order situation, poor healthcare etc.
• Age of the person who is traveling.

Types of Travel Insurance

• Coverage for an individual: Insurance for single or individual travelers available for single or multiple trips.
• Coverage for entire family:The coverage for the entire family under one policy.
• Coverage for students: The coverage for students who go abroad for further studies.
• Coverage at corporate level: The coverage for the business employees.

Single Trip Plans & Multi Trip Plans

In case of Single Trip Plans, the insured is covered for one trip whereas in the latter you are covered over a year.