Travel is uncertain, filled with risks. Visiting an entirely new place is exciting, but is also risky. For all the expenses incurred on travel, especially foreign travel, having it go awry because of unpredictable situations would be the worst, especially without insurance. Incurring medical costs is a big burden in India, and to incur these costs when you are travelling abroad is a huge hit to the pocket.
That’s why buying a travel insurance is of great importance these days. Travel insurance covers a range of losses during travel such as:
• Trip curtailment
• Trip cancellation
• Accidental death and dismemberment
• Accident & sickness medical expense reimbursement
• Dental relief
• Emergency medical evacuation
• Repatriation of remains
• Baggage delay
• Loss of baggage
• Loss of passport
• Flight delay
• Theft of baggage, documents
Depending upon the insurer, the number of risks covered are added or subtracted. With travel insurance, you don’t have to worry in case of emergencies. At least to the extent of insurance, medical and other costs are covered.
Choosing a good insurance plan is very easy these days. There are several insurers providing comprehensive insurance plans. Buying travel insurance online is very convenient, and based on the sum assured and the items covered, you can choose the best travel insurance policy.
To make the choice of buying travel insurance easier, here is a list of the Top 5 travel insurance policies in India:
1. HDFC Ergo Travel Insurance:
HDFC Ergo has a wide range of travel insurance plans for people in the age group of 6 months to 70 years. They even offer student travel policies, annual multi trip policies and family floater policies that cover the applicant, spouse and children. HDFC Ergo offers cashless hospitalization. It is easy to get this travel insurance online.
2. Tata AIG Travel Insurance:
Tata AIG is one of the largest travel insurance companies in India. They provide travel guard plans, student travel plans, asia travel plans and domestic travel plans. They cover most of the losses during travel and also provide accident and hospitalization cover.
3. Bajaj Allianz Travel Insurance:
Bajaj Allianz covers individuals, senior citizens, and families travelling. It provides enhanced medical coverage up to $5,00,000 and $1500 as emergency cash. It has cashless hospitalization and can be purchased online.
4. Bharti Axa Travel Insurance:
Bharti Axa provides single trip and multi trip insurance for individuals and families travelling multiple times a year. It covers all the losses during travel, and medical expenses.
5. Religare Travel Insurance:
Religare offers comprehensive travel insurance plans. It has different plans based on location the individual or family is travelling to: Asia, Africa, Europe, and Canada. It has Explore Gold and Explore Platinum travel insurance for worldwide travel.