Travel insurance is a crucial aspect of travel that is frequently ignored or underestimated. Whether embarking on an adventure to distant lands or seeking a peaceful retreat, having travel insurance is like having a safety net that protects you from unexpected circumstances. It offers peace of mind and financial security by covering various situations, such as medical emergencies and trip cancellations. Therefore, it is highly recommended not to travel without travel insurance, as it safeguards you from unforeseen mishaps. Here are some crucial reasons why purchasing travel insurance is essential.
For Medical Emergencies
One of the primary benefits of travel insurance is coverage for medical emergencies. Medical expenses can be exorbitant if you fall ill or get injured while travelling, especially in a foreign country. Travel insurance covers medical treatment, hospitalization, and emergency medical evacuation, ensuring you receive necessary care without incurring massive out-of-pocket expenses.
In Case Of Trip Cancellation/Interruption
Travel plans can be disrupted due to various unforeseen circumstances such as illness, accidents, natural disasters, or political unrest. Suppose you have to cancel your trip or cut it short. In that case, travel insurance can reimburse you for the non-refundable expenses you've already paid, such as flights, accommodations, and pre-booked activities.
Baggage Loss
It's not uncommon for airlines to misplace or lose luggage during flights. Travel insurance covers the cost of lost, stolen, or damaged baggage, allowing you to recover the value of your belongings. And if your baggage is delayed for a certain period, travel insurance can cover the essential items you must purchase while waiting for your luggage to arrive.
Transportation Disruptions
Transportation delays are common, whether due to inclement weather, mechanical problems, or other unforeseen events. Travel insurance can reimburse you for additional expenses incurred due to delayed flights or missed connections, such as accommodation, meals, and transportation arrangements.
Emergency Evacuation and Repatriation
In situations where you must be evacuated from a remote location or transported back to your home country for medical reasons, travel insurance can cover the substantial costs of emergency evacuation and repatriation.
Unforeseen Circumstances
Accidents happen, and you may accidentally cause damage to property or harm someone while travelling. Travel insurance can cover personal liability, protecting you financially if you are held responsible for third-party injuries or property damage.
Travel Insurance Recommendations For Indian Travellers
While you may have your preferences, we have culled out some popular trip insurance. One is Tata AIG Travel Insurance, known for its comprehensive coverage and customer service. Another trusted provider is HDFC ERGO Travel Insurance, offering various plans to cater to different travel needs. ICICI Lombard Travel Insurance is also highly regarded for its extensive coverage and hassle-free claims process. Reliance Travel Insurance and Bajaj Allianz Travel Insurance are other popular choices, providing competitive coverage options.
Pro Tips
When selecting travel insurance, consider what you can expect from the policy to choose the right plan and enhance your trip planning. Ensure that aspects like geography/countries, number of travel days, and sum insured are carefully examined before buying travel insurance. Review the coverage and policy terms before purchasing travel insurance to align it with your needs.