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Is travelling to South America expensive?

By Finserv MARKETS - Aug 21,2019
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Average trip cost to South America.

Do you find yourself daydreaming about meandering through the dense forest of the Amazon or exploring the lost Inca city of Machu Picchu? The diverse landscape of South America, from the Patagonian glaciers to the Andean peaks is bound to leave any traveller spellbound. Complete with a throbbing nightlife and sleepy colonial towns to explore by day, a trip to this continent is the intrepid traveller’s dream come true. Let’s see how you can make the most of your trip and stroll worry-free equipped with a backpack and travel insurance.

If you’re travelling from India, flights to any South American country will set you back by about Rs 1 Lakh per person on an average for a round trip. Because of the relatively low tourist volume from India to South American countries, as compared to Asian or European destinations, there are no direct flights from India to any country in South America. That, combined with the sheer distance between the two destinations, keeps flight costs high.

How do you ensure that you are able to secure yourself against the risks of trip cancellation, trip curtailment, flight delays or flight cancellations? The answer lies in travel insurance. What is travel insurance? Travel insurance can help protect against these risk and many other issues that can crop up during your trip. For instance, under the Bajaj Allianz travel insurance trip curtailment feature, you can claim an early return and thereby get a refund for the unused amount. This way you can go ahead and plan your itinerary worry-free.

To get the most value out of the money you’d be spending flying to South America, consider staying for at least 15 to 20 days to explore some of South America’s most enchanting offerings. Depending on your budget and other circumstances, you can also choose to stay in the continent for a few months if you want to explore multiple countries and truly discover South America’s myriad attractions.

Remember: it’s a vastly diverse continent, it’s home to some of the most idyllic beaches, the world’s second-highest mountain range, the world’s driest desert, glaciers, lush grasslands, and the Amazon river basin amongst other things. Not only is it geographically and topographically diverse, but it is also a repository of many cultures, histories, traditions, and languages.

And so, while flying to a South American country will cost travellers roughly the same amount, that’s where the similarities in expenditure end. Your budget and costs for a trip to the continent will depend entirely on your agenda — whether you’re looking for a luxury getaway with your family or you’re planning a solo backpacking trip on a shoestring budget.

For a relaxing getaway with friends or family, it is recommended that you spend about two weeks in one country. To get a flavour of Latin America, Brazil and Chile are great options. Although more expensive than other countries on the continent, they’re generally safer and more tourist-friendly. It’s possible to explore these countries on a shoestring budget, but if your budget has some stretch you can comfortably survive on $100 – $150 (Rs 7,000 to Rs 10,000) per person per day, including accommodation, food, and drink, sightseeing and transportation. Again, the expenses can be a little heavy on the pocket, so make sure you have the financial cushion of travel insurance. A good Markets will also give you on-call support.

For the backpacker, the possibilities are endless. Depending on how long you plan to spend on the continent, you don’t have to limit yourself to just the popular destinations. You can really immerse yourself in South American culture and diversity by making your way through Ecuador, Peru, Bolivia, Colombia, and Uruguay. Needless to say, you’ll have to map out your budgets thoroughly if you plan to stay for a while. For 2019, it is estimated that a backpacker would need roughly $1000 (about Rs 70,000) per month to travel across South America. Here is a nifty guide for seven South American countries that can help backpackers budget for their trip (estimates do not include accommodation):

 

Country Suggested Daily Budget
Colombia $35 – $50
Ecuador $25 – $35
Peru $35 – $50
Bolivia $20 – $35
Argentina $30 – $50
Chile $50 – $70
Brazil $40 – $60

 

You can take these figures as a starting point and craft your own budget depending on your itinerary. Whatever you do, don’t forget one of the most crucial aspects of your planning process: travel insurance. Particularly if you plan to stay for a few weeks or months, it’s imperative that you get yourself insured for the duration of your trip to safeguard against high costs in case of an emergency, medical or otherwise. Even if you’re just going for two weeks, make sure to get yourself and your family covered with a robust travel insurance policy.

With the Bajaj Allianz travel insurance available on Bajaj Finserv MARKETS, you can get customized policies that protect you from high costs in case of medical emergencies and hospitalization, flight delays or accidents, lost baggage or passport, cancellation of flights or hotels, and other things. If you’re travelling with your family, you can get the Bajaj Allianz family travel insurance that will cover you, your spouse and two children up to the age of 21. Several such similar customized policies are available, such as one that caters exclusively to senior citizens. The best part? Travel insurance can be bought online with just a few clicks and minimal documentation. Under the Bajaj Allianz Travel Insurance available on Finserv MARKETS, help is just a call away!

Also know about the benefits of travel insurance

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