Types of Travel Insurance
Various plans are available according to every individual’s travel needs.
- Corporate Travel Insurance:- Under this plan, employees of an organization can receive coverage for both domestic and international trips.
- Domestic Travel Insurance:- In this type, coverage is offered for death, medical emergencies, permanent disability, personal liability, delays, and lost/theft of checked-in luggage.
- International Travel Insurance:- It gives a comprehensive coverage for medical costs overseas, trip delays, loss of travel documents besides the regular coverage.
- Senior Citizen Travel Insurance: – This plan covers people in the age group 61-70 years. Besides providing general advantages, it also gives cashless hospitalization coverage and dental treatments.
- Student Travel Insurance:- This comprehensive cover is suitable for expenses incurred because of medical treatment, study interruptions and passport loss.
- Individual Travel Insurance:- Under individual travel plan, insured is covered against trip curtailment, trip cancellation and theft
- Family Travel Insurance:- It covers baggage loss, hospitalization expenses and other incidental costs. The claim disbursement is not difficult with less paperwork involved.
- Multi Trip Insurance: – This type of travel insurance is offered to frequent travelers so that they don’t have to apply for insurance every-time they travel.
- Single Trip Insurance: – As the name suggest, this type of cover is provided only for the duration of the trip. It also covers medical u0026amp; non-medical emergencies along with baggage loss situations.
Key Features of Travel Insurance
1) Coverage offered for medical expenses.
2) Coverage for expenses related to trip delays
3) Coverage for loss of passport and luggage
4) For contingencies related to personal possession
Benefits of Travel Insurance
The basic worries of travelers include stolen baggage, lost passports, cancelled flights and trip delays. These mishaps can spoil perfectly planned vacations. Do not let such incidences ruin the entire journey:
1) Pre-existing conditions resulting to hospitalization
2) Damage or loss of keys
3) Trains or flights missed because of civil war/local protests
4) Luggage delay Expenses incurred because of civil unrest or local protests Customers should note that exclusions vary from one policy to policy.