Top Reasons to Buy Travel Insurance Policy during COVID-19 Pandemic

Posted on: Jan 25, 2022 | | Written by:

Top Reasons to Buy Travel Insurance Policy during COVID-19 Pandemic

Published on January 25, 2022. EST READ TIME: 4 minutes

We have entered into 2022; however, unfortunately, there is still no end to COVID-19 pandemic. With the emergence of omicron, a COVID-19 variant of concern, we can say that pandemic is far from over. Travellers will be looking forward to covering major attractive destinations worldwide in 2022. If you plan to travel in the coming months, it is better to have a travel insurance policy for your trip. Travel insurance has become more important than ever in this COVID-19 era as it provides coverage for financial losses arising from unwanted events during pandemic.

5 Reasons to Buy Travel Insurance Policy During COVID-19 Era

1. Travel Rules Keep Changing

COVID-19 cases spread like wildfire and the number of active cases can increase any given time. Countries with higher number of COVID-19 cases are put in travel ban list or Level 4 COVID-19 high category list. Sometimes, a nation is also forced to close its borders for travellers coming from countries with high COVID-19 cases. Keeping, this in mind it is better to have a travel insurance policy for your trip, which can provide coverage for financial losses if your trip/flight gets cancelled due to COVID-19 protocol.

2. Coronavirus Looming Over us

There are lots of coronavirus cases around the world and inspite of getting fully vaccinated, you still are prone to get affected by the new variant of COVID-19. Hence, you may never know, when you get infected by COVID-19 disease during your international trip, which can drain out money from your pocket to get treatment for COVID-19 on a foreign land. Therefore, it is advisable to have a travel insurance policy to get coverage for COVID-19 hospitalization during your trip.

3. Flight Cancellation Can Still Happen

Several countries might have reopened, and international flights have resumed; however, you can never be sure when these countries can go into lockdown again and ban entry for Indian citizens. If connecting flight is cancelled due to a lockdown in the destination country, you might get stranded at an international airport. The only way to deal with the losses that you may incur due to flight cancellation is by buying a travel insurance policy.

4. Sudden Surge in COVID-19 Cases in a Foreign Country

The COVID-19 cases in a region can rise in just a matter of few days. If you happen to travel a foreign country with low COVID-19 cases, where say the cases increase before your return date, and a lockdown is imposed. You will get stuck in a foreign country with limited resources in such a scenario. But if you buy travel insurance with COVID-19 cover, your travel insurance company will cover the expenses you may incur while being stuck in a foreign country.

5. Airlines are Facing Difficulty in Operation

Airlines are trying very hard to keep their systems operational. However, the fact is that airlines always run at paper-thin margins because of the highly competitive industry and extremely volatile cost structure. Once they get things in the air once more, there will be a lot of turbulence. For the airline industry, getting back to the operational level in an understaffed and risk-bearing situation might lead to luggage loss, missing connection flights, etc. Hence it is advisable to buy travel insurance online before flying anywhere out of the country.

Conclusion

COVID-19 is still a major threat for travellers around the world. As international travel has resumed for several countries, many people have started travelling abroad for leisure, business and education. Such travellers should ensure physical and financial protection against COVID-19. Ever since the arrival of COVID-19, the way of travelling has definitely changed, and it is advisable to travel with an international travel insurance policy for a safe trip. You can opt for HDFC ERGO travel insurance plans for family, students and individuals to safeguard your trip from any unforeseen circumstances and thereby avoid getting a huge hole in your pockets.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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