Different Types Of Travel Insurance Coverages In India
With a travel insurance policy, you can be better equipped while exploring new places. Meeting unforeseen expenses while in a new place can be quite difficult. Be it a family holiday, business travel or solo trip, emergencies (financial or medical) can occur any time. For this, several types of coverage schemes are planned under travel insurance policies. To further provide convenience, insurance-providing companies also let you avail travel insurance online.
Types of travel insurance policies in India
Your requirements from a travel insurance might vary according to the destination you are travelling to. However, a travel coverage plan is necessary for international as well as domestic trips. The different types of travel insurance policies available in India are-
- Domestic travel insurance policy
This insurance policy covers expenses for your trips within the boundary of India. A domestic travel insurance policy provides coverage against medical emergencies, permanent disabilities or even death of the policy-holder during a trip.
- Medical travel insurance policy
This is a custom-made policy for those who need to travel to a different city or country for medical treatment. This is a short-term insurance plan, the clauses and exclusions of which are not rigid. The clauses can be varied by the insurer as per the requirements of a policy-holder.
- Student travel insurance policy
A student travel insurance scheme can be availed if you are planning to pursue your higher studies abroad. Just like students can apply and take admissions in colleges online, they can avail this travel insurance online as well. The insurance scheme offers coverage in terms of medical, health, passport, documentation issues, etc.
- Overseas travel insurance policy
With this travel insurance policy, you can claim various compensations while on an international trip. Apart from compensating baggage loss and enabling cashless hospitalisation, this insurance plan also covers loss of important documents, flight delays, hijack risks, etc.
There are several other travel insurance plans offered by reputed insurance providing companies in India. Each plan is framed accordingly to cover all potential risks attached while travelling.
