5 Big Reasons to Have a Travel Insurance Policy

The Importance of Travel Insurance

Travelling takes you to the most vibrant, exhilarating, and exciting parts of the world. It provides you with a refreshing break from the otherwise hectic schedule of your life. It is a known fact that an individual always looks for having a great time during his/her trip. But one must be wary that there are certain circumstances that can disrupt one’s trip. From a medical emergency to a loss of baggage, a lot of unforeseen events can happen while one travels. This is where travel insurance steps in. It is a type of insurance that keeps you covered from travel-related perils.

So, it is important to have travel insurance if you are planning a travel. Read on to know in detail the reasons why you must have travel insurance:

1.Loss of Passport

Travel insurance proves to be helpful in case of loss of passport. If a situation occurs where you lose your passport, the cost of getting a new or duplicate passport will be reimbursed.

2.Loss or Delay of Checked-in Baggage

If you lose your belongings, your travel insurance will compensate for this loss (up to the limit of sum approved). You also get coverage if your baggage gets delayed beyond 12 hours.

>> Check: Common Myths About Travel Insurance

3.Health Problems

No one wishes to fall sick during their vacation. However, injury or medical complications can happen at any time. If you have travel insurance, you can avail the required medical treatment without having to worry about the costs involved. You also get coverage for dental expenses if you have travel insurance.

So, at the time of a health-related emergency, travel insurance comes to your rescue.

4.Trip Cancellation

Having travel insurance also helps if a trip gets canceled. This benefit is only applicable when trip cancellation occurs due to natural or man-made situations. However, if the cancellation takes place at your end, then you won’t be able to take this benefit.

>> Check: Why You Should Have International Travel Insurance?

5.Medical Evacuation

Medical evacuation is included in many travel insurance plans. If a situation occurs where you are to be taken from the scene of the incident to a hospital within the policy network because of a medical condition, you do not need to worry about the costs if you have a travel insurance policy.

It is evident that travel insurance has got you covered in a lot of unforeseen situations. So, the next time you go on a trip, remember to buy travel insurance. A lot of unnecessary trouble can be avoided with the help of a travel insurance policy.

CHIL provides affordable international travel insurance plans to the travellers. So, opt for it to enjoy your travel abroad.

Disclaimer: Plan features, benefits, coverage, and underwriting of claims are subject to policy terms and conditions. Please refer to the brochure, sales prospectus, and policy documents carefully.