Be it mountains or beaches, the thought of travelling appeals to everyone. With the increase in people’s love towards travelling, travel insurance policy is now more crucial than ever. Generally, if we go by the basic travel insurance definition, it implies that only travel-related expenditures are covered. But in reality, the travel insurance coverage is much more.
Some nations require the purchase of travel insurance before the issue of a visa. The benefits of travel insurance are not limited to this. It covers other features such as checked-in baggage loss or delay, loss of important documents such as passports, personal accidents, personal accident coverage, and compensation in case of any unforeseen event. Travel insurance also includes medical coverage for medical bills, dental care, hospital transportation, and daily hospital expenditures.
A lot of travellers often forget to get travel insurance or purposefully avoid purchasing it at times. In any situation, you will suffer a loss. A travel insurance policy is essential whether you are going abroad or inside the country, since it helps you in various ways. You might feel there’s no need for travel insurance as you have health insurance. However, travel insurance coverage covers hospitalisation when you are overseas.
Now that we know the travel insurance definition, it’s important to know the benefits of travel insurance. By understanding the benefits of travel insurance, you will surely make the right choice while opting for it.
A Good Defence Against Medical Expenses
Health comes first, be it while travelling or otherwise. Just because you’re travelling doesn’t mean you are immune to any sickness or disease. Will your health insurance protect you in such a case? No. When you travel, you may be exposed to various environments, foods, and activities that may raise your risk of being ill or injured. In such a scenario, who will protect you against the medical cost that will only add to your expenses? Simple, if you are insured with the best international travel insurance, you’ve nothing to worry about.
Securing the Trip Cancellation Expenses
Sometimes you become sick, or a family member gets sick, or a natural disaster hits, and you have no choice but to cancel your planned holiday or adjust your plans. We know cancelling pre-paid travel reservations is costly. For such last-minute cancellations, being insured with the best overseas travel insurance can lessen your financial burden.
Flight Delay or Cancellation
If you’re a frequent traveller, you must be aware that flight delays or cancellations have become quite common. If you miss your connection, arrive late, or both, you may need to reschedule your entire holiday. If we go by the standard travel insurance definition, it is a comprehensive plan. Due to this, you don’t have to pay additional charges for transportation, housing, and meals as a result of aircraft delays or cancellations as all these fall under the travel insurance coverage.
Protection against Stolen or Misplaced Luggage
No matter how alert you are, sometimes travelling abroad can get overwhelming and you may misplace your baggage or it may get stolen. While you're away from home, your luggage acts as a means of conveyance for your belongings. If you have a travel insurance policy, the cost of replacing your lost or stolen belongings may be reimbursed. A best overseas travel insurance will provide you with the funds you require to complete your adventure without more interruptions.
Ensuring Overall Travel Security
Have you ever thought about what will happen if you’re in a new country, enjoying the scenic beauty, but when you’re about to pay for something, you realise your wallet is stolen? Also, what if you lose your passport? The cost of issuing another passport is very high. You don’t want to add strain to your financial burden, having said that the expense of a holiday is already high. Nightmare, isn’t it? But this isn’t impossible. You cannot avoid such a situation. But what you can do is opt for the best international travel insurance. Comprehensive travel insurance will compensate you for all your losses.
The travel insurance definition is quite self-explanatory. You can consider travel insurance as your all-rounder friend who’s going to stick to you throughout your trip and protect you from almost every unforeseen difficulty. Future Generali is concerned with your overall health, not just your health while travelling. That’s why we have Future Generali Health Elite where you can enjoy our premium benefits. With the right benefits of travel insurance, you may be ready to travel with confidence since you will be protected in case of any unanticipated exigencies.
