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7 Benefits of a Family Travel Insurance Plan

By Finserv MARKETS - Jan 25,2019
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Benefits Of Family Travel Insurance

Travelling with family is not only important, but stress relieving too. Everyone deserves a good family vacation once in a while. However, more people travelling together does not mean there cannot be any unfortunate incidents or exigencies. Hence, it is important to be prepared.

A family travel insurance will cover you and your family against unforeseen circumstances like medical emergencies, flight delays, lost baggage and much more. In this article, we will discuss the benefits of getting a family travel policy before you embark on a great trip with your loved ones.

Benefits of Family Travel Insurance

Planning and organizing a trip with the entire family can be stressful enough – let alone insuring it. However, it’s always advisable to go in for a good family travel policy because it comes with a number of benefits that will help you out during unexpected situations. Take a look at some of the benefits of family travel insurance:

1.Less Trouble

Family travel insurance saves you the trouble of arranging for travel insurance for each family member separately.

2.Single Premium

With family travel insurance, the sum insured gets shared by all members of the family. This means you would have to pay a single premium amount. This is preferable than buying separate travel insurance plans for every family member and paying multiple premium amounts.

3.Home Burglary Cover

With a family travel insurance policy, you home is covered in the event of a break-in or burglary that may have happened while the entire family was out on an international vacation.

4.Other Facilities

Many insurers’ now offer other facilities and benefits like minimal documentation, online renewals and competitive rates for family travel plans. On our platform you can get a family travel insurance plan online, at affordable premiums, with minimal documentation.

5.Medical Expenses Cover

If you or your family member gets injured or falls sick while you’re on an overseas trip, your travel insurance will help you with reimbursement of medical expenses.

6.Luggage Cover

While travelling anything is possible! Let’s say, you’re on a trip and you happen to lose your luggage with all your important valuables and documents inside. Having a family travel insurance in place will provide you with baggage loss cover. This will help ease your mind and contribute to making your family holiday a stress-free experience.

7.Trip and Flight Cancellation Cover

Flight cancellations and delays can mess up your travel plans. Besides, rebooking flights for the entire family can be quite expensive. With a family travel insurance plan, you will get coverage for trip and flight cancellations. This is a big advantage as it can really save you a lot of money.

With Finserv MARKETS, applying for a travel insurance policy is easy, convenient, fast and hassle-free. So, go ahead, and plan your vacation today!

“Finserv MARKETS, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!”


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522