Travelling is great for mental health, but it also comes with some risk factors. Unexpected incidents such as a cancelled flight, a medical emergency or a lost bag can disrupt your plans and cost you money.
These are some inconvenient circumstances where travel insurance comes in handy. The right travel insurance policy covers you from these unexpected dangers.
This post will discuss the areas and problems that a travel insurance policy will cover and why you should get one before starting your journey.
What is the Importance of Travel Insurance?
Travel insurance coverage is meant to provide financial protection from various travel risks. Thus, if you buy travel insurance online, you will be covered for whatever may go wrong when you travel domestically or internationally.
Purchasing travel insurance is also easier than ever, with insurers offering to buy these insurance policies online with just a few clicks.
Type of Dangers Covered by Travel Insurance
1. Cancellation or Interruption of Trip
Illness, natural disasters or even emergencies can cause you to cancel or interrupt the trip. In such cases, travel insurance covers non-refundable expenses such as hotel booking, airfare, tour fees, etc.
2. Medical Emergencies
Healthcare costs in a foreign country can be astronomical. Travel insurance ensures you are not financially strained when you get quality medical care abroad. The policies usually cover emergency hospitalisation, surgeries and outpatient treatments.
What’s Covered:
- Medical procedures and doctor consultations.
- Repatriation and emergency evacuation.
- Pre-existing conditions (subject to policy terms) are covered.
3. Loss or Delay of Baggage
It is inconvenient and expensive if you lose your baggage or if it arrives late. Your baggage insurance will pay to replace essentials and keep you on the move.
Benefits Include:
- Reimbursement for lost or delayed baggage.
- Clothing, toiletries, and medications are covered.
4. Delay with Flights or Missed Connections
It is a common problem for travellers to have issues with their flights due to delays and missed connections. In case of such an eventuality, an active travel insurance policy will cover the extra costs involved such as food, accommodation and re-booking costs.
Coverage Highlights:
- Reimbursement for delays exceeding the specified time limit.
- Compensation for missed connecting flights due to unforeseen delays.
5. Personal Liability
Travel insurance policies often include personal liability coverage. This means you will be protected if you have an unintended accident involving another person or damaging something during your travel.
Scenarios Covered:
- Liabilities for legal costs in relation to claims from the third party.
- Accidental damage to rented property.
6. Loss of Passport or Travel Documents
Misplacing travel documents is always a nightmare. Besides, replacing them is costly. The costs incurred when your passport or other necessary documents are lost are covered by travel insurance policies.
Assistance Provided:
- Reissuance fees will be reimbursed.
- Help find the nearest consulate or embassy.
7. Adventure Sports and Activities
Travellers often engage in adventure activities during their holidays. Good travel insurance will usually protect you monetarily if you do happen to get injured or have an accident during such activities.
Other Benefits Travel Insurance
Travel insurance has many advantages that keep you worry-free throughout your journey. Key travel insurance benefits include:
- Protection against unexpected financial expenses.
- Emergencies are supported and assisted 24/7.
- Global healthcare networks access.
- Fast and easy travel insurance claims
Why Should You Buy Travel Insurance Online?
Purchasing travel insurance online is a quick and convenient way to secure travel plans. Here’s why it is the preferred method for most travellers:
- Ease of Comparison: Pick a plan that works for you after comparing different plans.
- Customisation: One of the benefits of choosing online travel insurance policies is that you can select optional covers like adventure sports or enhanced baggage cover.
- Instant Coverage: Once you make a payment, you are immediately issued with a policy.
- Cost-Effective: They are usually cheap and they have offers on the internet.
Having active travel insurance coverage is very much advisable these days as accidents and uncertainties can happen anytime.
Conclusion
Travel should not be stressful. Therefore, buy a good travel insurance policy and create great memories!
The good thing is, you can find multiple online options for travel insurance by providers like TATA AIG. So, do your research and invest in a suitable travel plan today.
Have an incredible journey!