5 Types of Covers to Check before Buying Travel Insurance

You may be a frequent flyer, who attends meetings or seminars at international venues, or a travel enthusiast, who loves to enjoy vacations in overseas destinations. You may rely on a single airline company for all your air travels, or choose discounted tickets of variable airliners. However, journey through air is not always safe, and your flight may not always be on time to pick you.

To compensate for the delayed journeys or injuries sustained after an air accident, insurers have brought travel insurance for tourists and travellers. You have the liberty to buy international travel insurance online through an insuring company, or from a travel agent. Before you buy any of the generic policy online, kindly take a look at these 5 covers, using which you can safeguard your overseas journey.

1>    Cancellation or delay of Trips Cover

Due to bad weather conditions or technical glitches, your flight may not run on time. As a result, there is a high probability of delay of flight. During worse scenarios, your flight may even get cancelled. Delay or cancellation of trip can affect the travel budget intensely. You may not be able to attend the meeting, or you may end up paying extra for hotel accommodation. To cover this financial loss, this cover is said to be essential.

2>    Medical Insurance

Your health is uncertain, and it may get affected by any environmental factor. Similarly, you may meet with an accident and land up in a hospital abroad. Both these health issues will burn a hole in your pocket. In order to avoid these excessive expenses, check whether your travel insurance offers extensive medical cover. Moreover, this cover should be valid in different international hospitals. This insurance seldom provides cashless facility and you are required to pay upfront amount.

3>    Baggage loss cover

Your luggage may get misplaced by the airliner, or may get stolen. Moreover, you may also lose vital journey documents. Both these situations may leave you helpless. However, with baggage loss cover in your travel policy, you will surely get the appropriate reimbursement. This cover is valid for items like jewellery, eye wear, electronic devices, and photographic equipment, which are all costly. Moreover, some insurers also pay for clothes and essential accessories purchased during emergencies.

4>    Home Insurance

This is a special provision provided by certain insurers only. Whenever you are travelling abroad, your home is at the risk of falling prey to burglary. During such ill-fated event, you may lose your essential household items. In order to offer reimbursement for such losses, insurers also provide coverage for home and household items. Similarly, any damage caused to home due to fire, earthquakes, storms, floods, or any other natural disaster, is also compensated.

5>    Personal Accident Cover

If you happen to meet with an accident and lose life, or get inflicted by permanent disability, then accident insurance will offer substantial financial reimbursement, to the insured person, or his nominee. Certain companies also provide the provision of adding this cover to the regular healthcare or personal accident insurance plan.

These are the five covers, which you need to check, before purchasing any travel insurance policy.