What Are The Benefits Of Travel Insurance?

By Author: Neha Sharma
Total Articles: 170
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"One of the mandatory requirements for people planning a trip abroad is travel insurance. Travel insurance is so important that several countries require mandatory travel insurance during visa applications. Taking travel insurance for domestic travel is also recommended. International travel insurance primarily covers the cost of medical treatment up to a particular limit along with other losses associated with travel.

But why is it so important?

Here are some benefits of travel insurance:

1. Wide coverage against losses and expenses:
Travel insurance is recommended because of the exhaustive coverage provided against different types of losses and expenses that a traveller can incur. Some of them are:

• Accidental death and dismemberment
• Accident and sickness medical expense reimbursement
• Dental care expenses
• Emergency medical evacuaton
• Repatriation of remains
• Baggage delay
• Checked baggage loss
• Loss of passport
• Flight delay
• Hijack
• Emergency cash advance
• Fraudulent card charges
• ...
... Home burglary
• Trip cancellation
• Trip curtailment
• Missed connection/Missed departure
• Bounced hotel/airline booking

2. Network hospitals:
Often, insurers have tie ups with network hospitals even abroad for medical treatment. This helps in ensuring speedy treatment with minimal hassles. Having travel insurance cover can assure the traveller of getting treatment in good quality hospitals that have a tie up with the insurer.

3. Available for people of all ages:
Travel insurance is available to people of all ages, whether it is a newborn baby or a senior citizen. Though the premium for each traveller may not be the same, however, it is possible to cover people of all ages. Some travel insurance companies also offer family floater policies where policies can be taken for the entire family’s travel.

4. Online purchase:
It is very convenient to buy travel insurance online. Most general insurance companies offering international travel insurance offer this directly online. It is also possible to buy such policies on insurance aggregators where information about the policy offering and the policy cost can be compared. Buying online is simple and the policy is delivered to the customer’s mailbox immediately after purchase.

5. Customer support:
One of the benefits of having international travel insurance is the customer support in the language of the traveller. If there are any problems during travel, connecting with a customer executive can help quickly sort out queries and problems. Travel insurance companies generally provide consultation and help when it comes to hospitalization, medical treatment, baggage loss, thefts, loss of travel documents etc. It is possible to take help from these executives and ensure all formalities are properly completed.

Author Bio:- Neha Sharma is a finance student who loves to write in her free time. She has spent considerable time researching about travel insurance. Through her work, she lists the benefits of taking a travel insurance