If you have already opted for travel insurance or want to purchase one now, you might wonder how to get the most out of your travel insurance policy.
Travel Insurance protects oneself and their family’s well-being and financial interests from risks associated with unexpected circumstances that might occur while travelling. This is a vital aspect of any international trip and must be considered when travelling.
Keep reading to find out how to make the most out of your travel insurance policy.
How to get the most out of your travel insurance policy?
The best way to make the most of your insurance plan is by opting for the right coverage for your specific needs. Different insurers offer a variety of distinct coverages with differences in the extent of coverage, certain specific conditions to claim a settlement, and exclusions.
Keeping those in mind, here are some essential coverages you must consider when travelling abroad.
Medical emergencies come at unexpected times, resulting in improper care or expensive treatment. This is where international insurance for travel shines and protects you from this situation. This is also a mandatory requirement certain countries place when granting visas or entry.
No one can foresee where and when an accident might occur, and getting insurance coverage for accidents can protect you from risks associated with accidents.
Trip delay, cancellation, or interruption
A lot of times, something comes up where you are either unable to go on a trip or it gets cancelled due to certain unavoidable circumstances, such as COVID-19. This is where travel insurance comes in and helps protect your financial security.
Missing connecting flights
Due to inevitable delays in the flight of origin, it might result in you missing your connecting flights. Getting travel insurance here can protect you from losses arising from this.
Delay/loss of checked-in baggage
Whether you are travelling on a connecting flight or directly to your destination, there are chances that your baggage might get misplaced, stolen, or delayed. This can cause certain losses, which can be protected by opting for travel insurance.
Loss of Passport
A passport is a proof of identity and citizenship, and losing it while travelling internationally can cause a lot of havoc. Opting for this coverage on your travel insurance can offer the cost of replacing it with a fresh copy and more.
Rejection of Visa
Sometimes, you may need to travel somewhere, but your visa gets rejected for no fault of yours, which can result in trip cancellation or delay. Opting for visa rejection coverage can benefit you and help you make the most out of your policy.
Going on a trip where you will partake in adventure sports will require coverage. Without this coverage, you might otherwise be refused a claim if you are injured while participating in adventure sports.
Suppose you or your partner is pregnant while travelling. Getting maternity coverage is essential in offering the best case to you or your partner. Depending on the policy, this can cover certain maternity expenses and the cost of essentials.
Getting stuck in a foreign destination due to being COVID-19 positive or due to travel restrictions can result in significant financial loss. Opting for COVID-19 coverage is vital when travelling abroad as it can protect you from the risk of this disease, which has still not left us after three years.
Which company offers the best travel insurance policy?
When comparing dozens of different travel insurance providers, I trust only one company to offer the best travel insurance policy. This is the company I have been using for my health insurance and have jumped on for my travel insurance needs as well.
Offering more than 40 covers in various curated plans based on the traveller’s requirements, all in an affordable package and with high claims ratio, Niva Bupa is one of India’s best travel insurance providers.
I just visit their website and get the travel insurance policy online within hours, making it quick, convenient, and straightforward.
By opting for plans offering those covers, you should get the most out of your travel insurance coverage and get the best benefits by purchasing it from Niva Bupa. Beyond this, several different plans and specialised coverages are offered to students, senior citizens, and group/corporate requirements, which can be availed based on your specific needs.