5 Parameters That Prove The Significance Of Travel Insurance


Almost everyone likes to travel, but do they always purchase a travel insurance? We frequently ask ourselves questions like whether or not we need travel insurance, whether or not the costs associated with these plans are worthwhile, and why we should purchase travel insurance in the first place. Well, “life is full of uncertainties” can be the response to these queries.


Whether you travel with your family or alone, there are risks involved. These uncertainties can happen anytime with your important papers, luggage, or health. Therefore, in order to guarantee a hassle-free trip itinerary, it is imperative to cover all potential hazards before leaving for your trip.


An effective travel insurance strategy can reduce your financial risks and support you in a foreign country where a few people might know you. Conveniently buy travel insurance online before every trip and be safe from unforeseen losses or circumstances.


The following five reasons support the importance of travel insurance:


  1. Fallen ill

Even though we all make efforts to make sure our holidays go as planned, life sometimes does not go as we expect. It will cost you a fortune if you get sick and need medical attention right away while you are travelling.


A financial imbalance will result from hospital costs and medical bills. It is, therefore, crucial to choose an overseas travel insurance policy for your overseas journey. Most of them cover hospitalisation costs in the event that you become ill on the trip.


  1. Loss or delay of checked-in luggage

Travel insurance also provides coverage for situations where your checked luggage is delayed or lost in transit. Most of the time, airlines give terrible responses and tell you to wait for 24 hours or keep looking for the luggage; in this case, travel insurance could come in handy.


  1. Flight delays

During foreign travel, flight delays and rescheduling are frequent occurrences. If the plane is delayed for more than six hours, insurance companies repay you for the money you spent on meals, drinks, and other necessities as long as you provide the receipts.


  1. Loss of passport or other crucial documents

In the event that the insured loses their passport, they are compensated for the real costs associated with getting a replacement or new passport.


  1. Personal injury

In the event of a personal accident, the insurance companies compensate the insured person for accidental passing away or total permanent disability. Remember to choose the best travel insurance in India as per your budget and needs from a reliable company. It would ensure you receive appropriate coverage in times of need.


Other numerous advantages

There are other numerous advantages of travel insurance like:-

  • Dental & medical emergencies.
  • Baggage & personal documents losses.
  • Personal liability.
  • Hijack distress allowance.



These are the main advantages of travel insurance. Further benefits may be available based on the destinations, length of the trip, and the number of covered passengers. When you buy travel insurance online, you can leave without worrying about the repercussions of anything that cannot be anticipated when you are away from home.



* Standard T&C Apply

** Currently, there are 2 tax regimes in India – new and old. To get the tax benefit you desire, choose the correct one after consulting an expert. You can opt for a regime change during the next financial year.

# Visit the official website of IRDAI for further details.

## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply


Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.



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