With travel restrictions slowly being eased in different parts of the nation as well as other countries, travel is starting to resume. Whether you’re travelling domestic or international, there is one thing that definitely should not be skipped, travel insurance.
There is an increasing awareness of the various benefits of a travel insurance plan. Some of these benefits are as follows –
- Medical treatment in case of emergencies.
- Loss and delays in baggage.
- Cancellation or delay in your trip.
- Loss of documents including passport.
- Emergency medical evacuation.
- Cancellation or interruption of missed flights.
- Loss due to burglary and theft.
We all have been in such circumstances, or if not, are aware that they might occur when you are least prepared. Thus, a travel insurance plan comes handy for every type of traveller. Let us look at the three such steps that can help choose the right travel insurance plan.
Step 1: Assess your requirements
The first step in selecting any travel insurance policy is to evaluate what coverage you need. It depends on the following questions –
- Are you travelling solo or with family?
- Which destination are you travelling?
- What is the duration of your travel?
- What is the age of each insured member?
- Are there any specific requirements that need to be insured?
Step 2: Identifying the purpose of your travel and its specific requirements
Once you evaluate your requirements, the next step is to finalise the purpose of your travel. Various plans are available depending on it. Single trip insurance plans are for solo travellers who make infrequent trips and can get themselves insured from expenses on accidental injuries.
On the other hand, if you are someone who frequently travels for work in various countries, it may not be feasible to purchase separate plans for each trip. Instead, a comprehensive policy that covers all your travels along with cancellations, delays and contingencies.
Students who study abroad are at a higher risk of ailments and illness when away from their family and friends. A travel insurance policy for a specified duration at a fixed location can help them cover these costs of medical expenses. Since the cost of medical treatment abroad can be a huge burden, it is advisable to invest in student travel insurance.
Step 3: Select the plan as per need
Depending on your travel plans and coverage needs, you should select a travel insurance policy. Some popular travel insurance policies are individual travel plan, family travel plan that covers your entire family. Student travel insurance that specifically is designed for the students travelling abroad, travel insurance for senior citizens that insures elderly individuals and multi-trip travel insurance that caters to the needs of frequent travellers.
Keep these above steps in mind the next time you are shopping for a travel insurance policy. Not only can it ease the entire trip but also reduce any hassle during your travels to negligible. Do compare the various plans available and make an informed choice before your next trip!
