There are numerous variations of travel insurance policies available to Indian citizens, including domestic travel insurance, foreign travel insurance, medical travel insurance, and travel insurance for elderly citizens.
If you are considering travelling, whether inside the country or outside of it, purchasing coverage that covers travel is highly recommended. Whether you are travelling for business or pleasure, buying travel insurance is the first thing you should do to protect yourself against various risks and financial losses that could arise during your trip.
These problems include lost luggage, medical emergencies, and theft. You must look at the travel insurance prices and can make your selection from among them based on the conditions that are most important to you.
Let’s look at the different types of travel insurance.
- A plan for domestic travel insurance:
Customers who plan to stay within the country’s borders are this policy’s target audience. The purchaser of a procedure for domestic travel insurance price is shielded from financial responsibility for costs associated with the treatment of a medical emergency, the theft or loss of baggage and other valuables, the delay or cancellation of flights, the onset of a permanent disability, and personal liability.
Personal liability refers to any harm you cause to a third party while on your trip.
- Travel insurance for international destinations:
This policy was developed taking into consideration the needs and preferences of consumers who are going to be travelling worldwide. In addition to the standard coverage provided by its domestic equivalent, an international travel insurance policy protects you (the policyholder) against dangers such as being kidnapped on a flight, being sent back to India, and other similar scenarios.
- Travel insurance for medical purposes:
The policy was developed primarily to cover expenses resulting from medical crises and other concerns relating to healthcare, as indicated by the policy’s name, which serves as a marker. However, the precise list of covered and not covered items will differ from one insurance carrier to the next.
- Travel insurance for groups of travelers:
Imagine a team of employees who are sent out of the country. In this scenario, it would not make much sense for each person in the group to buy their travel insurance policy – for the simple reason that doing so might result in rates far higher than they would otherwise be.
In addition to the standard benefits of acquiring travel insurance, a policy tailored to senior adults (often those between the ages of 61 and 70) typically provides additional coverage for dental treatments and operations in addition to cashless hospitalisation*.
- Travel insurance for single and multiple travel options:
A policy for travel insurance that covers only one trip will continue to be valid for that one journey, as suggested by the policy’s name. It pays for medical costs as well as those that are not related to medicine (such as baggage loss, delays in flights, etc.).
You should choose a type that ideally meets your requirements, but you should do so only after considering the things you may require the most when you are travelling.
‘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.‘
(* Standard T&C Apply )