Tuesday 26 December 2017

Recent Events Reiterate Importance of Availing Travel Insurance

Whenever we are heading out on a holiday or for business, we often overlook the many benefits we can get when we buy Travel Insurance Online. At times we do not fully understand the many features and advantages that a good travel Insurance Policy offers. From helping us at times of medical emergencies to taking care of our expenses when our baggage is lost or delayed. A good insurance policy takes care of all these problems and much more. However, before you get all excited and quickly select any random Travel Insurance Policy, read on and know the various features that a good Travel Insurance Policy should have. 

For starters, any good Travel Insurance Plan should cover you from delayed baggage, lost travel documents, missed trips, delayed trips and even cancelled journeys. The best travel insurance policies also protect you from the dangers of terrorist attacks. Here is a detailed account of the features:

Insurance Cover for Accidents and Medical Emergencies:

Meeting with an accident or encountering any unforeseen medical emergency, especially in a foreign country can prove to be a very expensive affair. Moreover, the foreign currency limits that you will be bound by as a tourist or business traveller only add to the complications. This is where have a good Travel Insurance Plan can prove to be a blessing. The policy takes care of all the expenses, hospitalization fees and even ambulance charges while you are abroad.

Evacuation Cover:

Things can become quite complicated and worrying when you encounter any unfortunate event while travelling in a foreign country. This evacuation maybe because of any medical emergencies, terror threats or any other such unfortunate circumstance. All the expenses in case of such an evacuation are taken care of by your Travel Insurance Partner.

Trip Cancellation or Delay

There are times when you may need to delay or cancel your trip due to any unfortunate circumstance. The reasons for the same can be anything ranging from climatic conditions, a change in the political scenario of your destination country, personal problems, medical problems for you or your family, etc. now if your travel bookings are done, cancellations can prove to be very costly. For instance, you had planned to travel to a Nepal tomorrow and you get the news that it has been affected by a massive earthquake. In such cases, you can get some respite if you are covered by a Travel Insurance Plan for it will partly reimburse the cancellation charges.

Delay or Loss of Baggage

Imagine arriving at the airport of your dream destination and waiting in the line for baggage only to realize that your baggage is either delayed or actually lost by the airlines or the airport officials. While not much cannot be done in terms of handling the disappointment, you can be a bit relaxed when it comes to shopping for clothes and other essentials as your Travel Insurance Plan shall take care of the same. While recovering your baggage may take from a few hours to even many days, the insurance company shall reimburse all the shopping expenses. Just ensure that you have all the payment receipts and bills in place. 

Loss of Passport and Travel Documents:

The last thing you want in a foreign destination is to lose your passport. It can certainly be a very big problem, a nightmare of sorts. Should you be faced by such an unfortunate event, the first thing you will need to do is inform the local police, register a complaint and contact the Indian Embassy for reissue of your passport. The police complaint needs to be done as soon as possible; best within 24 hours.  The Travel Insurance Policy shall reimburse your expenses incurred for the reissue of your passport.

Loss of Cash and Credit/Debit Cards:

If you have been robbed or have your wallet and cash lost or stolen, having a good travel insurance can prove helpful. The policy shall provide you spending money and also take care of the expenses for the issuing of duplicate bank cards. Now that is something that can really be a lifesaver in a foreign land as you may not know anyone here who can help.

In recent times, many popular travel destinations have unfortunately been plagued by a series of unfortunate events ranging from natural disasters to terrorist attacks and other such events. While we all take precautions, one can never truly expect or imagine what may go wrong while they are enjoying a peaceful vacation. This is where having a travel insurance can prove to be really worth the extra expense as it shields you from a lot of problems and worrying issues. Just ensure that you study and compare insurance policies online and select the one that best suits your needs.

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