If you are a frequent traveler or even if you are not, having travel insurance is of immense importance. It can protect you in situations beyond your control when you’re traveling and you might have to end up canceling your trip. It can help you when you miss your flights or your departure gets delayed and other emergency situations. One of the most important features of travel insurance is that it also involves medical evacuation which may require extra expenses.
However, they do not tend to cover baggage delay, loss policies, and damage. For travelers, it is like a safety net that protects them against unforeseen circumstances. Many people underestimated the benefits of travel insurance until they ended up in a situation where only that could save them. Here are some of the travel insurance companies you can opt for if you are a citizen of India:
1. Tata AIG
Tata AIG came up with its travel insurance policies for both domestic and international travelers and has 4 insurances in total. The Travel Guard Plan mainly focuses on travelers who tend to go on international trips- be it for business or luxury. The Student Guard Plan is for students who travel abroad for the purpose of higher studies. Tata AIG also has insurance for travelers who travel solely within the continent by the name Asia Travel Guard plan. And finally, to cater to the service of domestic travelers who prefer to travel by road, rail or air, the insurance company has come up with the Domestic Travel Guard Plan.
2. Bharti AXA
The specialty of this agency is that it provides insurances for both individual travelers and travelers traveling with family. It also offers insurance plans for a single trip as well as multiple trips. Bharti AXA travel insurance has a special feature that covers fire and burglary when traveling abroad. It also includes medical expenses including sickness, repatriation, and other emergencies during the journey.
3. Bajaj Allianz
From catering to travelers traveling alone or with a family, for business travelers, for senior citizens, for students, and for various other categories, Bajaj Allianz has the best-suited travel insurance. It has designed some of the best travel plans for students like Student Prime Plan and Student Elite Plan which can be customized according to the student’s convenience. For other travelers, the Travel Companion Plan starts from $50,000 to $5, 00,000.
4. Apollo Munich
The company has come up with individual travel plans by the name of Easy Travel for each individual category of traveler- be it individual, family, or senior citizen. The plans protect travelers against theft, sickness, and other emergency situations. For the senior citizens, the age group starts from 71 to 80. The insurances are curated in such a manner as to come to the complete aid of the traveler.
5. SBI General Insurance
With medical coverage up to $5, 00,000, this travel insurance caters to single and multiple trips. The period for a single trip ranges from 0 to 180 days and for multiple trips it extends up to 365 days. It also provides adequate support against burglary, trip curtailment, cancellation, or loss in checked-in baggage.
Travel insurance is indeed an eminent part when it comes to traveling by any means of transport. It plays an important role to embark on a safe and fruitful journey. From safeguarding travelers against unforeseen circumstances to losing baggage and passport, it can be of aid at any given situation. Therefore, it is advisable to get yourself one if you will be traveling soon.