Every smart traveler knows the true importance of travel insurance as they are well aware of the things which are beyond their control. And we have found, there are 5 things everyone should know about travel insurance:

1. What does it really cover?

The coverage for travel insurance varies from insurer to insurer. Just have a look:

• Travel Medical, Evacuation & Repatriation Insurance: This covers the medical emergency expenses while you are on your trip.

• Trip Cancellation & Interruption: This vacation insurance is probably the most common type of travel insurance policy. It covers the non-refuntable trip costs if you can’t travel due to unforeseen circumstances such as illness or financial default of the travel carrier. It also covers you if you become sick during your trip and have to return home.

• Trip Delay: Provides a nominal reimbursement for travel delays such as plane departure being postponed.

• Baggage Insurance: Provides reimbursement for lost or stolen coverage that is usually part of a vacation insurance plan.

• Assistance: Most insurers provide a 24/7 hotline for help with medical care, transportation and accommodation needs in case of emergency. Most of the above plans are usually sold as single trip plans. But the travel insurance and the travel medical and evacuation plans are also sold as annual multi-trip insurance plans.

 2. How much I have to pay? The cost of annual travel insurance policies is dependent on one’s age, trip duration, trip cost, the plan you want and coverage limits. Trip cancellation and interruption plans on a per trip basis are typically based on the cost of your trip, your age and amount of coverage you want.

3. Won’t my domestic insurance plan help me? If you have coverage through your home or health insurance, or on your credit card, only travel insurance provides trip cancellation/trip interruption coverage, protecting your financial investment. And when you travel internationally not all health insurance plans will provide full coverage.

4. Why should I buy a travel insurance plan?

Here are the most important reasons to buy travel insurance:

• To protect your personal belongings while traveling.

• To protect your financial investment in your trip.

• To cover the high medical costs associated with getting sick or injured while traveling abroad.

Remember, there is always a risk involved in a trip—it maybe gets cancelled, delayed or interrupted for reasons outside your control. And travel insurance is there for you to add PEACE OF MIND.

5. Where can I get travel insurance? You can get a quote for a wide variety of travel insurance plans from InsuranceMall

If you would like to know more about travel insurance, feel free to write us at customer.care@insurancemall.in