An Introduction To Travel Insurance Plans

Insurance helps in mitigating the hazards and uncertainties of life. There is an evident risk associated with travel, as you are going to a new location and need to know what to expect. Loss of baggage during check-in, loss of a passport, and theft of personal belongings are typical hazards associated with travel. With these considerations in mind, travel insurance is a reassuring protection you can purchase while travelling. In addition, a travel insurance international policy is required in many countries.

Here, you will find answers to your doubts regarding travel insurance.

What Are The Benefits Of The ‘Hijack Distress Allowance’?

If the insured is aboard a hijacked aircraft or ship, the insurance company will compensate them for their distress. It is available if the hijacking situation lasts longer than 12 to 24 hours or as stated in your policy’s terms.

What Is Travel Protection?

Travel insurance provides insurance coverage and assistance before, during, and after a trip. It can safeguard you against unforeseen occurrences.

Why Is Travel Insurance Necessary?

Numerous misfortunes can occur during a trip, including missing your departure, losing your luggage, having a medical emergency, etc. Travel insurance can surely protect you against these risks.

What Does Travel Insurance Specifically Cover?

Most medical insurance for travel policies may cover, among other things, trip cancellation, journey delay, loss/delay of baggage, medical expenses, and emergency evacuation due to natural disasters or terrorist acts.

Is Travel Insurance A Requirement?

Travel insurance is not a requirement for all trips, but it is strongly advised. However, numerous countries prohibit entry without travel insurance.

Is Travel Insurance For Students Required?

Most universities abroad require students to purchase travel insurance.

Who Has Access To Travel Insurance?

Anyone travelling for business or pleasure with round-trip tickets can purchase travel insurance.

What Are The Requirements For Purchasing Travel Insurance?

Age is typically the only factor. Individual travel insurance is available to anyone aged three months to sixty. Senior citizen travel insurance coverage is available to senior citizens up to age 85. The age restriction may vary between policies and insurers in order to buy travel insurance.

What Exactly Is TPA?

Third-Party Administrator, also known as TPA, receives and manages claims on behalf of the insurance company.

What Is The Difference Between Single-Trip and Multi-Trip Travel Insurance?

Single-trip insurance provides coverage for a single excursion. It begins when you depart India and ends when you return or until the end of the issuance period, whichever comes first.

A multi-trip policy can cover multiple travels within a specified time frame, typically 365 days. There might be certain limits on the journeys and maximum trip duration.

How Do I Submit A Claim Under Travel Insurance?

You must submit a claim form & supporting documentation when you come back from your journey. Refer to your insurer’s supplied contact information for filing claims.

How Long Will The Evaluation Of My Travel Insurance International Claim Take?

This is entirely dependent upon your insurance provider. It can take anywhere between three and fifteen business days.

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Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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