Travel Insurance Checklist: What to consider when Buying Travel Insurance?

OVERSEAS TRAVEL INSURANCE



Congratulations! Your dream vacation is just a few weeks off. Now, as a smart traveler, you have decided to opt for a travel insurance plan to cover unexpected risks that may occur during a trip. Are you confused about how you should choose a travel insurance plan that suits your requirements? Opting for a travel insurance plan that does not seem to be useful can prove to be a waste of your hard-earned money.

We bring you a travel insurance checklist that will guide you in buying the right international travel insurance plan for your trip:

Ensure your destination is covered:

Be sure to opt for a travel insurance plan that covers the destination you are traveling to. If you are traveling to various destinations make sure they are all covered. It is advised not to buy any plan that is suggested by an agent, rather consult your insurer and choose a plan that meets particular requirements.

Medical benefits:

No matter how careful you are a medical emergency can occur anytime. The healthcare expenses are expensive in foreign countries and may cost a bomb. Therefore, it is advisable to purchase a travel insurance plan that provides medical inclusions.

Care Travel Insurance covers the insured for hospitalization expenses that include both in-patient and out-patient treatment. Apart from this, it also offers cashless facility hospitalization, dental expenses, and pre-existing medical conditions.

Trip cancellation coverage:

Sometimes things don’t always go according to your plan. An occurrence of an unexpected event such as natural calamity, terrorism, and sudden illness may lead to trip cancellation. Make sure that the trip cancellation cover is a part of your travel insurance plan. With the right travel insurance plan, you can claim the financial loss caused due to canceled flight.

>>Check: Things to Keep in Mind Before Claiming International Travel Insurance

Personal belongings cover:

Loss of baggage one of the most common mishaps that may occur while traveling. It can also cause serious issues during your trip. Hence, it is wise to opt for a travel insurance plan that has coverage for your personal belongings.

If such a situation occurs post-check-in at the airport or if there has been a delay in the receipt of checked-in baggage for than 12 hours, a travel insurance plan will cover it.

Exclusions:

These are an important part of your insurance plan and going through your policy wording gives you an idea of what is not included in your insurance policy. Do not opt for an insurance policy with lesser premiums, consider all inclusions and exclusions of the plan. Look for restrictions that are imposed on your travel insurance plan and if you want them to be covered or not.

Claim imitation:

It is advisable to be sure about the time period in which the insurer would want you to imitate a claim. The insurer can tie-up with the local service providers and in such a case, it is advisable to carry all the information about contact points.

Final Thoughts

Travel insurance is an investment as it secures travelers against the risk of a travel-related emergency. To avail of its benefits, it is important to make proper research, compare and then opt for the best travel insurance plan that is apt for you. Do not fall for an inexpensive policy just to save your money as buying a travel insurance plan is an important decision based on your requirements.

Care Travel Insurance presents Explore-International Travel Insurance that takes care of all the exigencies that may occur in your dream vacation.