Travel insurance offers you coverage against both financial and medical emergencies that may occur while travelling anywhere, especially abroad. There are several international travel insurance companies that offer myriad of coverage as you travel the world.
It is important to travel with foreign travel insurance for you can’t predict the future. You can also buy travel insurance online right before your vacation. It is advisable to avoid cheap travel insurance as it may not offer you the best coverage.
But before buying travel insurance, it is important that you understand different types of international travel insurance.
Domestic Travel Insurance: Domestic travel insurance is offered to those travelling in India only. Any Indian citizen travelling within India can opt for domestic travel insurance. Domestic travel insurance offers coverage for any medical emergencies, baggage loss, travel delay etc.
Individual Travel Insurance: You should consider buying individual travel insurance if you are travelling overseas alone. You can avail various medical and non-medical benefits such as emergency dental expenses due to an accident, compensation against accidental injuries, baggage loss etc. when you opt for individual travel insurance.
Corporate Travel Insurance: Employees belonging to corporate sector or organization can avail coverage for domestic or international travel under corporate travel insurance policy.
International Travel Insurance: It is very important to buy international travel insurance before you set foot on a foreign land. International travel insurance provides protection against any unforeseen medical or financial emergencies such as hijack, repatriations, loss of travel documents, medical expenses etc.
Student Travel Insurance: This is the best overseas travel insurance policy for students who are travelling abroad for further studies. Student travel insurance offers comprehensive coverage in the form of expenses incurred on passport loss, medical treatment or any others reasons leading to the disruption of studies.
Senior Citizen Travel Insurance: As the name suggests, this travel insurance is chiefly designed for senior citizens. Any senior citizen travelling anywhere will be benefitted from senior citizen travel insurance. This travel insurance is for the age group of people between 61 and 70. Senior citizen travel insurance offers coverage for cashless hospitalization, dental treatment etc.
Family Travel Insurance: This travel insurance policy is for the entire family travelling both domestic and overseas. Family travel insurance policy offers coverage for the entire family. Hospitalization, baggage loss and others incidental expenses are covered under family travel insurance.
Multi Round Trip Travel Insurance Policy: Multi round trip travel insurance policy is specifically for travelers with multiple trips around the world within a specific time period. The benefit that includes multi trip travel insurance policy is that travelers don’t have to buy international travel insurance each time they travel abroad.
Single Round Trip Travel Insurance Policy: Single round trip policy is travel insurance for a specific overseas trip. All kinds of regular coverage are provided under this international travel insurance.
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