There are two set of people when it comes to a travel insurance—one that believe it to absolutely a must-have for every travel while others who believe it to be unnecessary. If you are in the former category, you are on the right path.
Medical emergencies occur at most unexpected situations. That makes it absolutely critical to have a backup plan—even more when you are travelling and not in your home country. Without a medical insurance, you will be required to pay for the treatment, and it is well established fact that medical treatment in a foreign land does not come cheap. It can not just be mentally stressfully, but also financially taxing.
The other category who considers a travel insurance a redundant expense is because of a number of common myths that are associated with it. This article aims to debunk these myths. Continue reading to know about them:
- Nothing ever bad happens on the trip
Optimism is good, but travels are a gamble that must not be played blind. While the above statement is true for most times, but such events are unpredictable, and it cannot be controlled when the situation starts to go down south. It can be a medical emergency, or an emergency declared in the country you are flying to or any other reason. With a travel insurance plan, protection can be availed against these adverse situations, be it financial, as well as logistic support. Hence, it is best to get your trip covered by a travel insurance plan. *
- My health insurance plan covers my travel
This is the most common misconception that makes most travellers skip on a travel insurance policy. The scope of every health insurance policy defines the geographical coverage of where treatment can be sought. Not always international treatments are covered and hence, it is best to be prepared with a travel insurance policy. What is covered by travel insurance depends on the policy you purchase, and the coverage opted. However, travel insurance plan provide protection for medical exigencies arising during the duration of your travel. So, it is best to not rely entirely on your health insurance policy for medical cover but instead, opt for a travel insurance policy.*
- Travel insurance claim is a complicated process
Another misconception regarding travel insurance is it being complicated. Time is of the essence when it comes to travel insurance. It is because the earlier you inform the insurance company, the is its quicker redressal. For instance, informing the insurance company of any loss of baggage or delays in your flight at the earliest can help speed things up with the airline. Similarly, any medical emergency informed to the insurance company can help you even seek cashless treatment and save your foreign exchange for the travels. Hence, to cover elderly individuals, travel insurance for senior citizens is carefully designed keeping in mind the health concerns. *
- My travel policy can be booked at the last minute
Buying a travel insurance plan is fairly simple however, it isn’t advisable to leave it for the last minute. The principal concept of a travel plan is that which offers you protection during your travel and not just a requirement for travelling. Hence, with adequate time and thought given to buying a travel plan, you can make the most of it when the time comes. So, do not leave it for the eleventh hour but finalise it when you book your travel tickets. *
* Standard T&C Apply
With all misconceptions regarding travel insurance cleared, make sure to not skip on one the next time you or your family members travel abroad. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.