One should never underestimate the importance of travel insurance, then whether you are travelling within your country or abroad. In your home town, the medical insurance policy will cover you financially against illness or other medical treatments. However, most medical insurance policies do not extend their coverage overseas.

In such a situation, it is essential to have an insurance that covers you when travelling internationally. But before you buy international travel insurance, there are a few things that are needed to be taken into consideration. These things will help you choose an appropriate policy to fulfil your needs.

Here are some essential pointers that help you make a better decision

  1. Check with Your Existing Insurance Company/Provider

In case you are travelling any time soon, then looking for travel insurance when planning your trip can save you a lot of time. Moreover, you can consult your existing insurance provider regarding the insurance policy and bag a good deal.

  1. Policy Duration

You can either opt for a single trip or multi-trip travel policy. If you choose single trip policy, then you will be covered for only a single trip every year. Whereas, the multi-trip policy is more suitable for people who often travel in a year. One of the most significant advantages of taking a multi-trip travel policy is that you do not have to seek coverage every time you travel. It thus helps you save money.

No matter which policy you take, make sure that you are checking the number of days it covers. Always keep in mind the possibility of extending your trip, which in turn will require you to have travel insurance for the extended days as well.

  1. Medical Coverage

The medical coverage is the most crucial part of any insurance policy. Medical emergencies can arise at any time of the day when you are travelling. With competent travel insurance online, you will be financially covered in case of unforeseen medical crisis.

  1. Luggage Cover

Make sure that your travel insurance covers you in case you lose your luggage or any other personal belonging. Know for a fact that different policies follow different terms and conditions in this case. Some insurances will only accept claims for a total loss of luggage and exclude the hand baggage in the said clause.

  1. Missed Flights

Most travel insurance policies will not cover you in case you missed your flight. However, if you leave your vacation due to political threat or other reasons covered under your insurance, then you are more likely to make a successful claim. The primary objective of any insurance policy is to cover you against unforeseen events.

  1. Exclusions in Your Travel Insurance Policy

Just like you need to be aware of all that the travel insurance covers, you also need to have an understanding of what all the policy excludes. Know for a fact that most policies will not cover you against pre-existing medical conditions, unless it is life-threatening.

Other standard travel insurance exclusions are –

  • Medical conditions arising due to mental disorder

  • Anxiety

  • Depression

  • Self-inflicted injuries

  • Suicide attempts

  • Addictions to alcohol or drugs

  • Intentional exposure to uncovered risks

  • Terrorism

  1. Browse Options

Lastly, before you settle for travel insurance, make sure that you browse through different options available online. Do not settle for the deal that you come across in the first instance. You can also compare the features of different insurance policies offered by various insurance providers online. Then choose a plan that is most suitable for your needs.

Type of Travel Insurance Policies in India

Here’s a list of travel insurance policies available in the Indian market –

  • Family Travel Insurance:

This policy covers you as well as your family members when you are travelling. The family travel insurance coverage provided here is divided equally amongst all the family members.

  • Multi-Trip Travel Insurance:

Multi-trip insurance is feasible insurance coverage for individuals who travel frequently. With this policy, each trip taken over the year is covered. It is, therefore, a better option than purchasing an insurance for every trip. Thus, also making it a convenient option.

  • Senior Citizen Travel Insurance:

Older people are more susceptible to medical emergencies, especially when travelling. Hence, senior citizen travel insurance is exactly what they need.

  • Domestic Travel Insurance:

When having travel plans within the country, local travel insurance is what may come in handy in case of travel emergencies.

  • Group Travel Insurance:

Just like the name suggests, it is an insurance for a group of people. Here, the people included in the policy may not necessarily be your family members.

  • Single Trip Travel Insurance:

For those travelling only once a year, single trip insurance is what you need. Many insurance providers in India offer it, and it will cover you against all risks.

A Final Thought

Before you purchase travel insurance online, make sure it is fulfilling all the needs. Like we suggested before, you can also compare different policies and choose one that is best suitable for you. Moreover, take into consideration the factors as mentioned earlier to determine which policy is best for you.

Are you looking for travel insurance?

In that case, you can get in touch with us at Bajaj Markets where we offer hassle-free settlements, 24x7 assistance, extensive coverage, and fast-online process. With affordable premiums, you can now travel peacefully around the globe. No matter what travel destination you choose, rest assured as you will be covered.

So, why wait? Get Bajaj Allianz Travel Insurance at Bajaj Markets, today!

Read about the various benefits of travel insurance to properly use your policy.

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