With international travel trips constantly increasing these days, it is most important to buy an international travel insurance plan. The international travel insurance plan offers the insured person with a variety of coverages that may be in good due to medical emergencies cancellation of the trip delay is caused due to various reasons, etc. Depending upon the location you are traveling to, you can choose from a variety of international travel insurance plans that are offered by Religare.
some of the most prominent features offered to you by the Religare international travel insurance plan includes coverage against baggage loss, hospitalization expenses incurred abroad. In addition to this, check out some of the other benefits below:
In addition, international travel insurance plans designed on the basis of the geographies and, some of the other factors that play a decisive role in deciding the premium include:
In some cases, medical insurance is mandatory for entry into some countries. For instance, a certain minimum medical insurance is a prerequisite requirement for a visa into the Schengen Area, which comprises 26 European countries that function as a single country for international travel purposes. Further, this insurance should be valid within the Schengen region for the full duration of your stay and it must cover any expenses relating to repatriation for medical reasons, urgent medical attention and/or emergency hospital treatment or death. Even if medical insurance is not mandatory in the country to which you wish to travel, it still makes sense to purchase international travel insurance before you go because medical treatment outside India is extremely expensive. In fact, medical treatment abroad is approx. 3 to 10 times costlier than India. Explore – Our International Travel Insurance is Schengen approved.
Multi-Trip Policy: For frequent fliers, especially business travelers, insurers offer multi-trip policies that help in substantial saving of cost when compared to taking multiple policies – one for each separate trip.
Duration/Per Trip limit: In multi-trip policy, after commencing the trip some insurers will cover only a certain specified number of days. Example 30/45/60 days per trip.
A single trip International Travel Insurance provides coverage for a single international or domestic trip for a pre-defined number of days. This type of insurance is perfect for those who travel once a year. It provides all the coverage and benefit of a good travel insurance policy and protects against unfortunate incidents. This type of policy lapses the moment you return home from the trip.
A Multi-Trip overseas travel Insurance provides coverage for multiple trips taken during a policy year. This type of policy is perfect for individuals who travel a lot due to work or a simple love of traveling and going on multiple trips frequently. Instead of purchasing a policy for every trip, it is more economical to purchase a single policy that covers multiple trips. For every trip, there is a predefined maximum number of days that the policy is applicable for depending on the plan that has been chosen. It is a comprehensive plan which provides all needed protection and coverage during each trip and ensures that you travel hassle-free.
Here we have provided medical and Non-medical benefits of overseas travel insurance plans.
Pre-Existing Disease Coverage: Expenses arising due to the treatment of pre-existing disease in a life-threatening situation.
Double Sum Insured for Accidental Hospitalization: The sum that is insured doubles in amount once in the case of an accidental hospitalization.
Treatment in Home Country: If after return from the trip, further treatment is required then the expenses for the same are covered for a period of up to thirty days or up to the end date of the policy, whichever is earlier.
Medical Evacuation: Any cost incurred due to emergency transportation and evacuation services in order to transfer the insured to an appropriate medical facility within the policy network.
Common Carrier Accidental Death: When the insured as a passenger faces accidental death on a common carrier/transport, a lump sum amount is paid.
Dental Expenses: Any dental expenses that are incurred due to an injury during the trip are covered for.
Daily Allowance for Hospitalization: When hospitalization is between two to five days, then expenses for meals, communication, and transportation are provided.
2-Way Compassionate Visit: Travel expenses for an immediate family member is provided to bring them to the current location of the insured.
Accidental Death/Permanent Total Disability: Any unfortunate expenses arising out of permanent total disability or death during the trip are covered.
Trip Delay: When departure is delayed beyond 12 successive hours due to terrorism or natural calamities like storm, flood, rains, earthquake, and cyclone then related expenses are covered.
Trip Cancellation or Interruption: When the trip is canceled or interrupted due to an unforeseen event which is due to natural or manmade situations, then the cost incurred is taken care of.
Loss/Delay of Checked-In Baggage: When the checked-in luggage is lost while in custody of the carrier or there are more than twelve hours of delay in receiving the luggage then the expenses are covered for.
Loss of Passport: In such a situation, the cost for a new or duplicate passport is taken care of.
Return of Minor Child: If the insured is traveling alone with child/children and is hospitalized, then the return cost of bringing the minor child to the home location is covered.
Up-Gradation to Business Class: When the insured has been hospitalized for more than five consecutive days and needs to be brought back to their home location, then compensation for up-gradation to business class is given.
Hospitalization Cover: If there is a situation of emergency hospitalization or treatment due to an illness or injury during the travel, the insurance plan takes care of the related cost. It includes both In-patient and Out-patient treatment.
The International travel insurance plan has the following exclusions:
Destination/Geography: Before traveling one must cross-verify if the insurer they are choosing covers the exact geography they are traveling to.
Sub-limits: It is wise to know what all one can claim should there be a need while there is a wide list of features available, some of them might allow the insured to claim only up to a certain amount. Also, check if there is any threshold per-incident or per-claim.
Schengen Approved: If you travel to any country falling within the Schengen region, you must cross-check whether your travel insurance is valid. Same can be checked from the VFS website.
Geography based plans: A lot of insurers offer plans that are specific to a particular region. This helps the insurer in giving a cost advantage to the Insured since plans are priced also keeping in mind the cost of medical treatments in that specific region or scope of coverage required along with many other factors.
Exclusions: It is advisable to always check what is not excluded in your travel policy. Most insurers, for example, don't cover adventure sports or sports that are considered hazardous in nature or pre-existing ailments, etc. Knowing this will help you plan your excursions accordingly.
Process of Intimation of claim: It is wise to make sure you are aware of the timeframe in which an insurer would want you to intimate a claim. An insurer could tie-up with local service providers and in that case one should carry the requisite contact points.