Amidst the pandemic, you might have postponed your vacation plans. However, a few of you might have to travel due to some urgency. In such situations, it is important to travel with necessary arrangements so that even if you fall sick or face any problem during the trip, you can get immediate assistance. For travelling under safety cover, it is advisable to buy the best travel insurance in India.
Find below a few factors to consider before buying the best travel insurance in India:
- Type of Plan Required
Generally, there are two types of travel insurance plans available, i.e. single trip insurance and multiple trip insurance. If you are a frequent traveller, it is beneficial and affordable for you to buy a multi-trip insurance policy, as you can cover all your trips for a year. Thereafter, you can even renew the policy. But, if you travel once in a while, you can go for single trip insurance.
- Coverage Offered
It is advisable to look for the inclusions and exclusions of travel insurance. Though a few features and benefits are common across different travel insurance plans, however, it is important to ensure that the insurance plan provides the maximum coverage possible while considering your financial capacity.
- Your Destination
Depending on your destination, you can choose either international or domestic travel insurance in India. Both insurance plans have different benefits and coverage.
- Sum Insured
Like other insurance products, travel insurance plans have a different sum insured options. Based on the following three factors, you can choose your preferred sum insured options:
- Duration of your trip
- Number of members travelling
- Destination to which you are travelling
Choosing an optimal sum insured is a key essential when it comes to buying the best travel insurance in India.
- Members Covered
If you are travelling with your family, it will be beneficial to cover all your family members to cope with the possible contingencies on your trip and have a hassle-free journey. Family travel insurance might not cover senior citizens travelling with you. So, to cover them, you can buy separate senior citizen travel insurance for them for additional benefits.
- Medical Conditions Covered
A travel insurance plan also provides medical coverage to the policyholder, i.e., if he/she falls sick during the trip, medical and financial assistance is provided.
Depending on your current health status, you can pick the best travel insurance in India that provides considerable medical coverage at an affordable premium. It is important to balance the premium and the coverage, as insurance with a lower premium might not offer adequate coverage.
Different travel insurance policies have different sets of exclusions. Depending on the policy and sum insured you choose, it is important to make sure that it offers journey cover, medical cover, baggage loss/delay cover, etc. If there are too many exclusions and conditions on the policy, it might not be the best travel insurance in India.
- Claim Settlement Process
It is important to check the claim settlement process and the documents required to settle the claim. If the process involves a number of formalities and documents, there are chances that your claim might get delayed. Therefore, it is advisable to choose a travel insurance plan with a simple and hassle-free claim settlement process.
After comparing different health insurance plans based on multiple factors, your last step would be to choose a credible insurance provider, like TATA AIG, so that you can stay assured of uninterrupted services and favourable terms and conditions.