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Top 7 Reasons Why an International Traveler Must Have a Travel Insurance
by
SahilDoshi
But, your checklist might miss out on an important point – Travel insurance.
Despite a good plan, some events tend to go completely out of hands. A small change in the flight timings is enough to smash your itinerary and deplete your travel funds more than you expected. These events act spoilsport, rendering you helpless at times and all you wish at that moment is to have someone understand your situation and take care of it. A comprehensive Travel insurance is designed to assist your finances in case of unforeseen events that are likely to hamper your journey, covering for your financial and medical expenditures at the need of hour.
General Insurance companies in India offer such comprehensive international travel insurance policies to financially secure your journey.
Following should be the top 7 reasons why a traveler must book a Travel insurance policy:1) Delay in Flights:
Untimely flights are likely to hamper your journey and all you wish is to abort your travel. But your bookings are non-refundable. No problem! An international Travel insurance considers this and compensates for your delayed flight as defined by the policy.
2) Missing Passport:
Your journey is turning out to better than you desired until you come to know that your passport is lost/missing. With a travel insurance policy in hand, do not panic. A new passport can be obtained, the cost of which is borne by your travel insurance company.
3) Checked Baggage Loss or Delay:
In the event of loss of your checked-in baggage or a delay in retrieval of the same, you would want to sue the airlines and claim for the loss. Until you receive your baggage, some of your clothing, toiletries and medication requirements are taken care of by your international travel insurance company. Compensation for the loss of checked-in baggage is also given by your travel insurance company.
4) Liabilities incurred during travel:
If you happen to damage someone s property of health, unintentionally, then the expenses incurred on same are taken care of by your travel insurance company.
5) Emergency Financial Assistance:
Emergency financial assistance is provided by your travel insurance company in the event of theft or robbery of your funds. The amount compensated in such an occurrence is predefined in your policy.
6) Medical expenses/Evacuation:
Costs incurred due to injuries from accidents or ill health may drain your travel funds on medications, diagnostic tests, therapies, etc. On a case to case basis, emergency evacuation to the homeland may also be advised. Financing the expenses as well as facilitating the evacuation procedure is also the responsibility of your travel insurance company.
7) Hotel accommodation:
It may happen that you fall sick hours before your scheduled flight and tend to miss the flight. Until your next flight, your hotel accommodation, of course along with your medical expense, is reimbursed by your travel insurance company.
Thus, planning of an international journey must include booking a travel insurance policy, making it an important point in your checklist. Let alone the hassles of fine-prints, your trip is insured as the travel insurance tackles with the inconveniences. Choose a policy plan that best caters to your requirements from a reputed insurance company with faster claim-settlement process.
Source:
goo.gl/Y3hHuxSahil Doshi
is a senior content writer who writes articles for HDFC ERGO, In this article he focus on
HDFC ERGO travel insurance coverage policy
. Which are designed to ensure your financial security in case of any emergency during your travel.
Article Source:
ArticleRich.com