The awareness of buying travel insurance in India is very low. All the travelers purchase their suite that best needs the travel purpose. They don’t think about the protection of their travel from any of the unforeseen incidents. But, the need for travel insurance increases nowadays because of the increasing number of theft, crimes, etc. There is nothing wrong in learning about the travel insurance, if it suits your need you can purchase them. This articles explores the travel insurance and talks about what are the things covered in travel insurance.  If you have any questions, please write it on the comments section. If you want to receive the future articles, please subscribe here.

• Travel insurance in India 

Pre-existing Medical conditions

This is most common exclusion from many insurance policies. If you are suffering from any of the pre-existing illness which needs the attention and check up, those illness will not be covered in the policy. Also, if there is any complication from a surgery which happened prior to the travel, that will not be covered in the policy. before taking the policy, please read the list of illness covered under this policy.

Pregnancy

Most of the insurance policies treats pregnancy as the pre-existing illness and will not be covered in the policy. Also if it is covered, there will be number of restrictions on what condition it will be covered in the policy. So, if you are pregnancy while traveling, please make sure you are taking the right measures.

• Leave Travel Allowance (LTA)

Mental Health

Mental illness, emotional break-down that result from wounds created by self will not be covered in the policy. If you have hyper tension and due to that making damage to your body, travel insurance will not be liable to pay your damage.

Loss of belongings

If you have missed any of the items because theft or fire, in that case those losses will be covered in the policy.

Cancel of trip

For any reason, if you are cancelling the tour then the company would reimburse the expenses you have made for the travel. Note that you have to cancel the trip. The expenses include ticket, hotel bookings, etc.

The above are only the very basic details to know about the travel insurance. if you need more details, please read my earlier article Travel insurance in India  which provides lot more details about the travel insurance. If you have any questions, please write it in the comments section. If you are interested in receiving the future articles, please subscribe here.

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In my previous article I have explained about how to insure your house and household things from the loss. In the same article I have indicated that these kind of insurances are not popular among the people in India. Another insurance which has less known among the people is the Travel Insurance. There is poor response from the public and there is misconception about the fact on this insurance. This article explores the facts about the travel insurance and other details needs to take the insurance policy. If you have any doubts, post it in the comments section. If you like the article, subscribe to our future articles here.

Why we need Travel Insurance?

When we travel to another city, there is many reasons we can meet the unexpected losses because of delay in arriving train or flight, etc. In the mean time we have to extend the stay in the same place which we have not planned in our travel. It is unexpected expenses in our travel plan. The expense can be room rent, food expense, fees paid for taxis or auto. These kind of expenses can be claimed in the travel insurance.

How much is the Premium?

The premium amount will be depends on the insurance company. How ever I can provide the estimate on the how much will be the cost of insurance.

• Travel Overseas
  • If you are traveling with husband and wife (age below 60)  & two children (age below 21) for 15 days the cost of the premium will be Rs.1650 and sum assured will be Rs.50000
• In India
  • If you are below 60 and planning for the 15 days travel. The travel insurance premium will be Rs.200 and sum assured will be Rs.50000.

• Unlike other insurance policies, travel insurance will not take more time to get the policy. But, it can be with in 30 minutes and the policy validity will be maximum of 180 days.
• Student who want to study abroad can take the insurance up to 1 year.

When we can claim the expenses?

The following are the type of expense you can claim through the travel insurance.

• Expenses occurs due to the delay in train or flight.
• If personal belongings stolen while traveling
• Expenses because of accident
• Attack by the terrorist
• If the train or flight canceled
• If you lost passport, the expenses occurred to reapply for the passport.

When your claim will be rejected?

• If you have any advice from doctor to avoid travel due to the health problem
• Any existing disease
• Death on suicide
• If you consumed liquor while met the accident

Where to get Travel Insurance?

Travel Insurance can be taken from any of the reputed insurance companies. It is available with all the insurance companies. Travel insurance is a booming industry.

Summary

I hope this article will be useful for those who want to take the travel insurance. It is necessary to insure of you are planning the important and long travel. It may not be important when you are planning the short travel. It is up to you to decide if the travel insurance suites your needs. If you have any doubts please post it in the comments section.

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