Travel Insurance
Compare premium of travel insurance plans offered by general insurance companies and choose the plan which suits you the best.
Travel Insurance: Overview
Travel is an adventure and a risk as well and it is good to be careful. Travel insurance might seem like an extra expense when you've forked out thousands for that holiday trip, but it may be ruined if you don't have adequate cover if something goes wrong.
Travel insurance coverage includes risks of accidents, illness (medical expenses), missed flights, trip cancellation and interruption, trip and/or baggage delay, lost baggage, emergency evacuation, hijacking, and expatriating your remains back home if you were to die. It is a simple and affordable way of being covered for unforeseen costs and events.
Travel Insurance: Coverage
Will my charges be paid directly to the hospital or do I need to pay the bill first and then claim from the company?
It depends on the type of policy you have - if you have the cashless hospitalization cover, you can intimate the insurer or TPA, who will then make the required payments directly to the hospital. Otherwise, you will need to make the payments, and then submit your insurance claim. You will then be reimbursed after your claim has been validated.
Are ambulance charges covered?
Yes. Ambulance charges are covered in a travel insurance policy.
Do I need to show an I-Card to get admitted in a hospital that will provide cashless treatment?
No. All you need to show is your passport number and the policy number. The process is simple - you just need to get in touch with your Third Party Administrator (TPA) or insurer and register yourself. They will arrange for the cashless facility in the hospital nearest to you.
Is loss of passport covered under the travel policy?
Yes, most insurance companies provide cover for the loss of passport. If your policy doesn't include it, you can purchase it as an additional cover. The insurance company will reimburse you for expenses incurred while getting a duplicate or temporary passport.
What happens if my baggage is delayed for more than one day but not lost?
If you are covered for loss of personal possessions and your baggage is delayed for more than 12 hours, the insurance company will reimburse you for the purchase of emergency items such as toiletries, medicines and clothing.
If I have diabetes, should I still buy the overseas travel policy? Even if premium-existing diseases are not covered?
Yes, you should buy an overseas travel insurance plan even if you have diabetes. Firstly, travel insurance policies cover pre-existing conditions in case of life-threatening situations. Secondly, it is not necessary that you fall ill only due to your diabetes. What if you developed a severe stomach infection and needed to be hospitalized?
But do declare your pre-existing disease(s). Otherwise, the premium you pay for your policy is useless because you misrepresented your case, and the insurance company will deny your claim.
Is the sum insured not valid for all expenses? Is there a limit for each type of an expense?
The sum insured in your travel insurance policy is not valid for all expenses; there is a limit for each type of an expense. For instance, let's say you have purchased a policy for a sum of US$ 100,000. You then get into an accident. The cover for personal accident under your policy is US$ 20,000 and for dental expenses is US$ 500. This could vary company to company, but the point is that expenses for your accident are capped at US$ 20,000. You will have to bear any expenses above that. Moreover, for certain expenses, there is a deductible, i.e. a minimum sum that you have to pay when making a claim.