National Insurance Awareness Day: 5 Reasons How Travel Insurance Policy Can Secure Your Trip

Posted on: Jun 28, 2022 | | Written by:

National Insurance Awareness Day: 5 Reasons How Travel Insurance Policy Can Secure Your Trip

An insurance policy ensures that an individual doesn't have to face financial stress in times of uncertainty. It provides financial certainty to people in unstable times. National Insurance Awareness Day is celebrated annually on June 28 to make people realize the importance of having insurance. When it comes to travelling, it is necessary to have an international travel insurance policy. Whenever you travel, there is a high possibility of coming across unforeseen events like flight delays, luggage loss, medical emergencies, and checked-in baggage delays. Hence, to avoid incurring any financial loss due to these unwanted scenarios, it is advisable to have an international travel insurance policy.

Here Are 5 Reasons How Travel Insurance Can Secure Your Trip

1. Emergency Medical Assistance

If you meet with a medical emergency, a travel insurance policy will come in handy at that time. Travel insurance will support you with a cashless treatment facility. With the coronavirus pandemic far from being over and the rise of monkeypox cases throughout Europe, a travel insurance policy is even more important than ever. HDFC ERGO offers a vast network of 1 lakh plus cashless hospitals, and it also comes with coronavirus hospitalization.

2. Flight Delays

Wherever you travel, the occurrence level of bad weather, air traffic and natural disasters is high, leading to flight delays. An international travel insurance policy will reimburse expenses on meals and refreshments if there is a flight delay or a connecting flight has arrived late. The coverage amount will be as per policy wording.

3. Covers Baggage-Related Hassles

Whenever you are travelling, you mostly keep all your essential items in your luggage. A travel insurance policy will cover against loss of baggage and baggage delay.

- Baggage Loss - With baggage loss cover, the insured person can get coverage for total or partial loss of checked-in baggage. It also provides coverage for any damage incurred to goods and articles inside the baggage during the luggage check-in.

- Baggage Delay – Here, the insured person gets reimbursement of expenses made, to purchase essential items like medicines, toiletries, clothes, etc.

4. Emergency Dental Expenses

Dental healthcare is equally as important as hospitalization due to physical illness or injury; hence, a travel insurance policy also covers dental expenses which can occur during the journey.

5. Loss of Personal Documents

While travelling, travellers might lose important documents like passports, visas, identity proof, etc., which can land them up in serious trouble. If you have a travel insurance policy, you can travel stress-free as the insurer will provide reimbursement of expenses on making a duplicate copy of those documents. The insured person will get coverage for the cost of reissuance of the following documents when lost abroad:

-Passport

-Driving License

-Car License

-Ration Card

-Voter

-Identity Card

Conclusion

With a travel insurance policy, you can overcome major hurdles during your journey, which can help avoid creating a big hole in your pocket. Also, the insurer will facilitate fund transfer from the insured's family in India if you face a cash crunch during your journey due to theft or robbery. Travel insurance has also been made mandatory by Schengen countries and many other nations for travellers entering their borders. Even if a country does not require travel insurance for entering their nation, it is wise to have an international travel insurance policy. With HDFC ERGO travel insurance plans, you get coverage amounts ranging from $50K to $500K and also, no health check-up is required before travelling.

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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