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Think you're on a holiday trip with your family in a foreign country. You have been basking in the sun on a shore, resting on the beaches and enjoying the scenic beauty. One day while traveling, your wife tells you she isn't feeling well. You avoid it as an issue of over-exertion. But, a few hours later, her health worsens. Finally you take her to a hospital and a doctor diagnoses her with a critical case of gastritis. He advises that she should be hospitalized immediately. This is where a travel insurance policy comes to play a significant role. Help is just a phone call away if you are covered under a travel insurance policy.
As a policyholder, you simply need to give the details to your insurance company so that its representative can get in touch with the hospital and makes it possible for you to enjoy the cashless treatment facility. Apart from sudden hospitalization incidents and unexpected medical expenses, there are also many non-medical situations where travel insurance plan comes in handy.
Read on to know how it benefits you -
Delay of Baggage
'Delay of baggage' is one of the most common inconveniences associated with traveling. Since your entire personal belongings packed are away in your suitcase, you don't have any choice at that moment other than going to shop for new clothes. It is necessary to take care of your bills.
Submit the bills to your insurer along with the claim form and essential documents like a property irregularity report (you can get this report from the airlines) and copy of your passport with entry and exit marked. The insurance company will compensate you for the expenses incurred.
Losing travel documents
In case you lose your important travel documents such as your passport, you will be required to consult the nearest embassy to obtain a duplicate passport. A comprehensive travel insurance policy reimburses expenses incurred in obtaining duplicate passport or travel document, etc. Usually, the expenses covered by the plan are fees paid to the Embassy, attestation fees, photograph charges, conveyance costs for visiting the Embassy etc.
The insured person can get the similar compensation in case of air jet hijack, loss of baggage, missed connections, medical emergencies, accidents, and financial emergencies. Despite the fact that many companies offer cashless medical treatment, there are still a few insurers that compensate you later for your expenses.
How to choose?
While most people consider buying travel insurance particularly before traveling abroad, it is important to know that the policy is also available for domestic tourists. However, you need to pay immense attention to this process. Every different plan has different extents of coverage.
When you choose a plan, make sure that the plan you are considering does cover the entire duration of the trip, the sum of coverage is right, destinations are properly selected, and that the benefits are satisfactory. Apart from that, you should also pay attention to the calculation of the premium. The premium depends on certain criteria such as age, sum insured, travel destination, duration of travel and the plan chosen.
Unlike a life insurance policy, a travel insurance plan is valid for a maximum period of 180 days. You can get it extended for further 180 days. But, the extension facility will depend on the number of claims filed by you in the first 180 days.
To sum up, if you want to buy a travel insurance policy, you can get it online. A large number of companies offer Online travel insurance. Search for them, and make your trip safer and more exciting.
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