A Travel Insurance policy is the type of insurance plan that offers Financial support for unexpected setbacks during your travel. travel insurance plans cover the damages such as health emergencies during your journey, Trip cancellations, baggage loss, and Passport loss. There are different types of travel insurance policies available in the market that offers unique benefits. You can choose the one that would best befit your needs.
If you are planning on an International trip, This article will help you explore why it is essential to take a Travel Insurance policy for your International Trips.
International travel insurance policies
Insurance for International Travel covers the damages during your overseas trip saving money from the unforeseen expenditure. Based on location, frequency of travel, and type of traveler.
Types of insurances for international travel
Based on Location
- Schengen Travel Insurance (Applicable for one or more Schengen States)
- WorldWide Overseas Travel Insurance policy Including US & Canada(For Traveling anywhere in the world including US & Canada)
- WorldWide Overseas Travel Insurance policy Excluding US & Canada(For Traveling anywhere in the world Excluding US & Canada)
Based on Frequency of Travel
- Single Trip Insurance (For one-time trip)
- Multiple-Trip Insurance (For Multiple Trips over the year)
Based on Type of Traveler
- Family Travel Insurance
- Student Travel Insurance
- Senior Citizen Travel Insurance
- Group Travel Insurance
- Medical Travel Insurance
Travel Insurance benefits for overseas Trips.
Health Emergencies and Hospital Cost
Unforeseen Health Emergencies may occur during your Trip. Travel for the overseas trip will cover the medical expenses that can occur during your foreign trip, making your travel stress-free. Depending upon the policy cover, it may include a medical examination and also Dental care.
Baggage Coverage
The loss of baggage is the most bothersome event that can occur during an overseas journey. Overseas travel insurance policy will provide financial cover to the lost baggage by providing compensation costs.
Coverage for Loss of Passports
A passport is an essential document while travelling abroad. Losing it can be worrisome. It is tricky to reapply for the new passport, as there would be additional costs. Travel insurance for the overseas trip would provide reimbursement for the charges which will occur while making a new passport.
Coverage for Trip Cancellation/Delays
Depending upon the type of coverage of your travel insurance policy, It may cover your Trip cancellation due to unexpected health circumstances. It may also cover Flight delays due to natural disasters and would reimburse the costs for accommodation and food that you will incur.
Permanent Disability
Travel insurance will also cover unfortunate events such as Permanent disability that occurs during your travel. it would cover up to a year after the trip for permanent disability.
Overall Protection
International travel insurance backs you up with emergency accommodation costs, Legal charges that may occur during misfortunate events such as death and accidents during your abroad trip. Some Travel Insurances also provide Coverage for plane hijacking, making you travel in peace.
Depending upon the Type of Internation Travel insurance Policy, The inclusions and Exclusions of coverage might differ.
