No matter where we choose to travel, peace of mind is probably the most important thing we look forward to. The main purpose of traveler’s insurance is the same – peace of mind. However, not every travel insurance policy out there provides the adequate coverage required for carefree travel. If you want to buy the right policy, here are 6 questions you must ask:
Question 1: Are adventure activities covered in your plan?
Certain adventure activities are deemed as ‘high-risk’ and may not be covered by some travel insurance plans. Hence, if you intend to indulge in high-risk adventure sports such as sky diving or bungee jumping, ensure that such activities are covered under your policy.
Question 2: Does the policy cover your travel destination?
Not all destinations are covered by travel insurance policies. This is especially true in the case of foreign or overseas travel policy. If you are travelling to an unsafe zone or the excluded areas of your insurance plan, you will not be able to avail any coverage.
Question 3: What are the exclusions of your policy?
Every policy entails a few exclusions that will not be covered. For example, most of the travel policies do not cover the losses incurred while you are under the influence of alcohol or drugs. So make sure to read the exclusions of a policy before purchasing one.
Question 4: What is the maximum payable provided by your policy?
Before buying a travel insurance plan, make sure to check the maximum payables of the policy. When you are aware of the maximum payables under it, you will be at ease while making any claims and availing emergency assistance during travel.
Question 5: Does your Travel Insurance policy cover pre-existing medical conditions?
Any medical condition that you were suffering from before you were insured is considered a pre-existing condition. If you don’t declare a pre-existing condition, then your policy will not provide coverage for the same. If you have any pre-existing medical condition, make sure to inform your insurance provider beforehand.
Question 6: What is the process to file a claim?
When it comes to travel insurance, it’s essential to have a hassle-free claim process. A simple claim process will ensure that you can avail your claim in a stress-free manner. Additionally, make sure to check whether the insurance company offers 24×7 claim assistance.
Asking these questions beforehand will definitely help you buy the right policy. So keep these points in mind to make an informed purchase. However, if you decide to buy a travel policy on our platform, you do not need to worry about the coverage or the cost. We offer wide coverage for a reasonable premium. So don’t think twice, buy Bajaj Allianz travel insurance online at Finserv MARKETS with just a click of a button!
Also know about the benefits of travel insurance before you buy one
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