What is Travel Insurance?

Traveling is one of the most enjoyed activities throughout the world, people often considered travel to be a life-changing experience that everyone enjoys. During traveling abroad it becomes challenging to afford healthcare along with other travel expense if ever needed. This can be solved by availing a traveling insurance form the insurance company offering travel insurance.

Travel insurance is a specific insurance that covers an issue that is experienced by the traveler during the traveling. This insurance works differently from traditional insurance. In this article, we will provide you with basic information about the travel Insurance, type of travel insurance and the travel insurance cover and exclusion.

Types of Travel Insurance

What is Travel Insurance

You can choose which coverage to opt for on the basis of your specific requirement. Travel plans and policy offer coverage against all possible emergency situations during transit.

  • Domestic Travel Insurance
  • International Travel Insurance
  • Student Travel Insurance
  • Medical Travel Insurance
  • Group Travel Insurance
  • Senior Citizen Travel Insurance
  • Family Travel Insurance
  • Multi-Trip Travel Insurance
  • Single Trip Travel Insurance
  • Corporate Travel Insurance

Benefit of Travel Insurance

There is a lot of benefit for getting your travel insured as travel insurance to provide a secure traveling experience even on the foreign lands. You can get the following benefits for traveling-

  • Compensation for Flight Problem-many people faces a problem when boarding the fight like delay on flight or cancelation. This is covered by providing accommodation during the waiting period
  • In the case of Hospitalization or any medical emergency during traveling will be covered by the travel insurance
  • Other expenses other than the accommodation during the flight issue will also be covered
  • Any legal liabilities will also be covered under travel insurance.

What Travel Insurance Cover?

 Travel Insurance covers the following conditions and situation-

  • Medical treatment, including transportation to the medical facility.
  • Cancellation and trip interruption
  • Any unused travel and or accommodation costs, pre-paid charges (including any additional travel expenses incurred, provided they are deemed reasonable and necessary) if a trip is canceled or cut short under a variety of circumstances, which may include death, bodily injury, illness, disease, or pregnancy complications or death and serious illness of a family member.
  • Repatriation of remains
  • Return of a minor
  • Trip cancellation
  • Trip interruption
  • Visitor health insurance
  • Accidental death, injury or disablement benefit
  • Overseas funeral expenses
  • Lost, stolen or damaged baggage, personal effects or travel documents
  • Delayed baggage (and emergency replacement of essential items)
  • Flight connection was missed due to airline rescheduling or delay.
  • Travel delays due to weather
  • Hijacking

Exclusions

The following are the exclusion that will not be covered under the travel insurance-

  • Flights/trains missed due to local protests/civil war
  • Expenses incurred due to local protests/civil unrest
  • Pre-existing conditions leading to hospitalization
  • Baggage delay that is less than 24 hours
  • Damage/loss of keys