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Published on 18 Aug, 2023
Updated on 7 Apr, 2025
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8 min Read
Written by Anjali Sharma
Reviewed by Rashmi Rai
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Picture this. You have finally gotten the opportunity to visit your favorite overseas destination. You make all the arrangements for the trip itinerary and book affordable connecting flights. Unfortunately, worsened weather conditions led to a trip delay just as you reached the airport. Due to the unannounced delay, you missed your connecting flight and bear multiple losses that are not covered by your airline.
Did you know? In such scenarios, travel insurance can come to your rescue!
Yes! To ensure comprehensive coverage, you can purchase overseas travel insurance before embarking on a foreign trip. Now, you may wonder, what is travel insurance?
Well, read on to learn about travel insurance meaning, its features, coverage, etc.
Travel insurance is a policy that provides financial protection for travellers against unforeseen events during their trip. It generally covers medical emergencies, trip cancellations, lost baggage, travel delays, and other unexpected incidents, offering peace of mind while travelling.
Based on your unique requirements, there are seven types of travel insurance. Let us discuss them further in detail:
Apart from these major types of travel insurance, certain types are included as coverage within a comprehensive plan.
Here are some less common types of travel insurance:
As with the increase in global travel, insurance has become crucial. Here are some key reasons to purchase travel insurance:
When purchasing travel insurance for an overseas trip, ensure it meets all your specific needs. Here are the key features to look for in an ideal travel insurance policy:
Travel insurance provides financial protection against unexpected events during your trip. Below is an explanation of how travel insurance works:
In India, buying a travel insurance policy is a straightforward process with specific eligibility criteria and basic requirements. Here’s what you need to know:
To buy international travel insurance from an insurer in India, you must be an Indian passport holder. A plan is typically available for children aged Day 1 to 24 years and for adults starting from 18 years to a lifetime.
Travel insurance provides significant benefits by comprehensively protecting your trip. It offers coverage for both medical and non-medical emergencies.
Here are the key advantages of having well-chosen travel insurance:
Travel insurance offers protection against various damages and losses, depending on the coverage you select:
Travel insurance provides significant protection, but it is crucial to understand its limitations. Here are some common exclusions:
Travel insurance premiums vary based on several factors, including trip duration, destination, number of travellers, plan coverage, and pre-existing disease coverage.
To find the best travel insurance at the most affordable premium, compare policies from different providers and use their travel insurance premium calculators.
Here are the steps to calculate your travel insurance premium:
Step 1: Identify the type of travel insurance you need. If you travel with multiple people, choose group travel insurance.
Step 2: Visit the insurance company's official website and locate their premium calculator.
Step 3: On the premium calculator, provide details such as trip duration, number of travellers, ages, and whether any travellers have pre-existing medical conditions. Provide accurate information to get an accurate premium quote for your desired travel insurance.
Step 4: After entering the required details, click ‘Get Quote’ to receive the final premium amount for your plan.
Following these steps will help you determine your travel insurance premium. Remember that all travel insurance policies come with terms and conditions.
Travel insurance protects you from unexpected events during international travel, such as trip delays, lost luggage, or medical emergencies. It ensures you are covered even before your trip begins, safeguarding your bookings and accommodations.
However, several myths lead people to underestimate its importance. Let's clarify some common misconceptions:
Myth 1: Nothing can go wrong on a trip
Fact: Unpredictable events, including illness, lost passports, and trip delays, can occur. Travel insurance provides protection in these situations.
Myth 2: All travel insurance plans are the same
Fact: Travel insurance plans vary significantly based on destination, activities, and age. Choosing a plan tailored to your specific needs ensures the best coverage.
Myth 3: No plans cover pre-existing conditions
Fact: Some plans, such as those offered by Care Health Insurance, cover medical expenses related to pre-existing conditions, providing comprehensive protection.
Myth 4: It is fine to book insurance later
Fact: Delaying insurance can leave you vulnerable. Travel insurance should be purchased well in advance to protect against unexpected emergencies.
Myth 5: Making a claim is difficult
Fact: Filing claims under travel insurance for events like trip cancellations or lost luggage is generally straightforward. A reputable plan ensures a smooth and hassle-free claims process.
To prevent fraudulent claims, insurance plans include specific terms and conditions, such as:
Purchasing travel insurance is essential when planning international travel. We hope this blog has helped you select the best travel insurance for your needs.
If you are unsure about which travel insurance to choose, visit the Care Health Insurance website to explore destination-specific plans.
Care Health Insurance offers international travel insurance plans designed to cover your finances while travelling overseas. Opting for plans from Care provides comprehensive coverage at an affordable premium and a hassle-free claim settlement process, ensuring a worry-free travel experience. Don't delay! Secure your trip with travel insurance from Care Health Insurance today.
Disclaimer: All travel insurance features, benefits, coverage, and claims underwriting are subject to policy terms and conditions. Kindly refer to the brochure, sales prospectus, and policy documents carefully.
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