Whether you are planning for a trip within the country or overseas, having a travel insurance plan in place is the one of the wisest decisions in your life. Considering that majority of the travel plans has witnessed sudden catastrophes like heavy snowfall, strikes and more, causing the holiday bound travellers a lot of trouble, a travel insurance plan has become a must-have in this scenario. A travel insurance plan provides a safety net that customers can buy to protect their travel expenses under any unforeseen circumstances that can spoil your travel plans.
The basic requirements of this policy are quite similar to other insurance plans, that is,
- You need to buy the insurance plan before any unfortunate event takes place while you are on your trip, as once the event (illness, extreme weather, or act of terrorism) has already taken place it will not cover that or any connected events.
- Before you purchase the travel insurance cover, go through the terms and conditions properly to understand what precisely is being covered and what’s not.
- Whether it’s the medical bill or an airline statement, it’s important to present all the relevant documents related to your plan during the claim filing.
- You will have to first pay your expenses directly, and then you can get it reimbursed from the travel insurance company on the approval of your claim.
You are usually covered under 5 types of coverage by the travel insurance covers such as; you are covered for any medical emergencies, accidents or dental care, while you are abroad; you will be reimbursed for any sudden trip cancellations just before you depart for any expenses that are prepaid and non-refundable. They provide a list of cancellation reasons that are covered, and they also cover you for any sudden interruption in your trip. So, you will be reimbursed for the missed part of your trip, if due to any (covered) reason you have to return home; you can also claim reimbursements for any additional expenses caused due to flight delay, to purchase necessary items unless your delayed baggage arrives, or if your baggage is lost, stolen or damaged in transit; you are reimbursed for any emergency evacuation costs like, airlifts or during any medical emergency when you are transported back home to a hospital of your choice, however, such expenses can be overwhelming; and, whether it’s a medical emergency, lost or stolen baggage issue or cancelled flights, you have access to the travel assistance service 24/7. From locating the closest hospital with adequate facilities if needed, or arranging for transportation back home to non-medical expenses like, searching for the lost baggage or providing travel details like, the passport or visa requirements, you can be assured of 24/7 assistance.
If you want to enjoy your holiday with friends or family, and do not want to end up being bankrupt spending all your cash in emergency expenses, investing in a good travel insurance cover can be your best bet. So, make the full use of your investment senses and get yourself covered with this much needed plan among others.