Travelling possesses the power to transform us; it serves as a stimulant to the body and the mind and brings about a heightened sense of joy in our lives. So, whether it is a vacation that you are looking forward to or a business trip, travelling overseas is surely an exciting affair and one you need to be prepared for. Opting for a travel insurance plan protects you from unforeseen circumstances that include medical and non-medical emergencies.
It is a policy which protects the policy holder in case of problems while travelling. It provides coverage for medical emergencies during the course of travel, permanent disability and death, baggage loss, travel delay and personal liability.
TYPES OF TRAVEL INSURANCE OFFERED
DOMESTIC TRAVEL INSURANCE
INTERNATIONAL TRAVEL INSURANCE
STUDENT TRAVEL INSURANCE
SENIOR CITIZEN TRAVEL INSURANCE
The duration of the Cover
There are two types of plans that you can choose from, as per your need: Single Trip plans and Multi-Trip Plans..
1.Single Trip Travel Insurance
2. Multi Trip Travel Insurance
We’ve tried to ‘pack in’ maximum coverage for a variety of situations while you’re travelling, alone or with your family. Take a look!
- Emergency medical expenses incurred by you or any of your family members whilst abroad, for any sudden illness, injury or death
- Emergency expenses made for medical evacuation to India
- Expenses incurred while transporting the insured’s mortal remains back home or towards burial abroad in case of an untimely demise
- Acute anaesthetic treatment of teeth due to an injury
- Accidental bodily injury during the trip
- Compensation for death or permanent disability due to an accident, while riding as a passenger in a common carrier
- Cost of obtaining a fresh or duplicate passport in case of a lost passport
- Total loss of your checked-in baggage by a common carrier
- Expenses incurred if a trip is delayed for more than 12 hours due to airline, medical, personal employment problems or natural disasters
- Expenses incurred if a trip is cancelled or interrupted due to airline, medical, personal employment problems or natural disasters
- Expenses incurred if you miss a connecting flight due to a delay of more than 3 hours
- Reimbursement of return ticket fare for a family member visiting you, the insured, if you’re hospitalised for more than 7 days
- Compensation for a third party in case your involuntarily actions result in someone’s demise, cause someone injury or damage to health or property
- Facility to provide you emergency cash in case you lose travel funds due to theft
- Insurance against burglary in your home, while you are travelling abroad
- Special distress allowance if your plane is hijacked for more than 12 hours
Just like it’s not possible to pack everything you want into a suitcase, it’s not possible to include coverage for all kinds of situations. Here’s a list of things your travel insurance policy won’t cover!
- Life threatening conditions covered only arising out of disclosed pre-existing diseases, which are mentioned in the policy schedule, for people upto 70 years of age. Customers need to declare all pre-existing diseases while taking the policy.
- Claims arising out of non- disclosed and non-declared pre-existing medical conditions will not be covered.
- Expenses incurred due to any of the following conditions:
- Self-inflicted injuries or illnesses
- Mental disorder
- Anxiety, stress or depression
- Venereal diseases
- Alcohol/drug abuse
- Expenses incurred if you’re. . .
- Traveling against the advice of a physician.
- Receiving or are on a waiting list for specified medical treatment.
- Travelling to receive treatment abroad.
- Have been given terminal prognosis for a medical condition.
- Issues faced due to theft or loss of passport when left unattended, or unreported to local police authorities.
- Loss of checked baggage - no partial loss or damage shall become payable
- War or nuclear threat in the country where you’re travelling
This plan can be availed by most, but we do consider some of the following criteria before issuing a policy!
- The minimum age, for which you can buy the individual policy, is 3 months and the maximum is up to 60 years.
- The minimum age of a family member, under the family policy, is 3 months and maximum is 60 years.
- A maximum of 4 individuals can be covered under a Family Plan (inclusive of the insured, his/her lawful spouse and maximum of two dependent children below the age of 21 years).
- Family plan can be of two types:
- One, where the entire sum insured covers the all family members
- Another, where each family member has a separate sum insured