WHAT IS TRAVEL INSURANCE?

Domestic / International Travel Insurance is one of the most important items on any travel checklist for anyone taking a trip overseas.
Travel insurance protects you against the hazards you might encounter on your journey, whether it’s domestic or international. In most cases, it covers death, bodily injury, medical bills, repatriation, checked luggage loss/delay, passport loss, and third-party liability.

Why do you need travel insurance?

Travel is usually done for one of two reasons: pleasure or business. You don’t want anything to sabotage your well-earned vacation or your important business meeting. However, no matter how well-planned everything is, something unexpected can happen. Unfortunate circumstances can occur, such as baggage loss, passport loss, a medical issue, or an accident.
Travel insurance protects you from all of these dangers. It assures that you are not trapped in an unfamiliar foreign land in the event of an emergency.

What does a standard travel policy cover?

A typical travel insurance coverage covers death, bodily injury, medical bills, repatriation, checked luggage loss/delay, passport loss, and third-party liability.

What is the cost of travel insurance? How is the premium determined?

The cost of travel insurance is determined by several criteria, including your age, the length of your trip, the country you plan to visit, and the plan’s advantages.

How is the premium charged?

In most cases, the premium is calculated on a per-slab basis. You must choose from a list of pre-defined slabs to determine which one you belong in.

What is not Covered?

Any claim arising out of a pre-existing medical condition
Dental treatment
Chemotherapy or radiotherapy expenses
Mental or psychiatric disorders
Any injury or illness caused due to consumption of alcohol or other illegal drugs

Death or Permanent Total Disability

In the sad event that the insured dies or is severely injured while on trip, the insurer pays a pre-determined amount of compensation to the policy’s nominee. Depending on the extent and source of the disability, the amount may differ. The scope of your policy’s coverage is determined by the type of insurance you select and any additional riders you add.

You’ll need the following documents to file a claim, so keep them safe.

Visa
Passport
Flight tickets
Original medical documents
Attested medical bills in case of reimbursement
Any other documents required by the insurer to verify the claim

Travel Insurance