Travelling can be the most fulfilling experience and something that everyone looks forward to. Although exploring new places and discovering hidden gems have a charm of their own set of challenges. You must make all necessary arrangements before embarking on a journey, whether professional or personal. Anything can go wrong with your vacation plans; your flight might get delayed or cancelled, luggage can be lost or you might need medical assistance! There is only one solution for all these problems- Travel insurance.
Travel insurance is mandatory for those who are travelling abroad and a saviour for both domestic and international travel. It covers the risk of unwanted expenses that can come up in case of theft, stolen luggage, flight delays, medical emergencies and so on.
Benefits of Travel Insurance
Travel insurance provides protection from several travel related hassles and unanticipated problems that can crop up and spoil all your plans. Some of the benefits covered under travel policy are enumerated below
Medical Coverage – This is perhaps one of the most beneficial coverages provided by a travel insurance policy. Medical emergencies crop up unexpectedly and can be a huge financial burden, especially if you are travelling to some other country. The policy covers the cost of hospitalisation, medical evacuation and treatment and some even cover dental and prescription medicines, depending on the type of policy you take.
Lost or Misplaced Baggage – Misplaced or lost baggage is a common occurrence during travel and can impose a huge burden on the traveller. A travel insurance policy covers the cost of replacement of lost baggage, that includes, jewellery, clothing, electronics and other personal items.
Fight Delays and Missed Connecting Flights – In case you miss your connecting flight due to reasons beyond your control, insurance policy covers the cost of additional transport and accomodation along with other expenses you may incur.
Accidental Death – In case of accidental death, the travel insurance also compensates the beneficiaries.
In conclusion, travel insurance is thus, a crucial investment that not only provides protection, but peace of mind to the travellers.
