What is Travel Insurance?
People plan to travel for short vacation, business trips, studies or for any other reason to both domestic or international locations in the world. Since travelling too has a certain degree of possible financial loss, medical risk and travel emergencies associated, travel insurance becomes essential to get you covered against risks of travel. Travel insurance is highly recommended for any unforeseen and unfortunate event that can really ruin your trip.
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Following are the types of Travel Insurance offered by us:.
One time
This travel insurance policy is also known as Single trip Travel insurance policy that typically covers a one-off holiday. It is good to buy this policy if you are planning a trip for one time in a year. This policy is mostly bought by non-frequent travellers for both domestic or international trips that last till you return home.
Annual or Multi Trip
This travel insurance policy is a good buy if you are planning to go away twice or more every year, it could work out comparatively cheaper to get an annual travel insurance instead of buying two single trip policies. This policy is mostly bought by travellers who frequently take multiple international trips also known as multi-trip for business purposes.
Key reasons for buying Travel Insurance:
Medical expenses
Helps to deal with any unforeseen medical emergency during your travel to the extent of hospitalization and treatment expenses will be taken care of by your insurer. Travel-Related emergencies: Helps to deal with non-medical emergencies adversities arising out of such as losing a passport, laptop, international driving license, checked-in baggage or trip delays owing to bad weather.
