Travel insurance is necessary while traveling abroad because it protects the insured person against travel risks. In addition, it is essential to buy travel insurance for your journey because you do not know what might occur when you are far from home.
As exciting as travel is, it does have risks. By taking out travel insurance, you are covering yourself against travel risks such as a lost or stolen handbag, cancellation cover, and, most important unexpected medical expenses abroad.
Taking out travel insurance is essential, even if it reduces your budget. Your loss could be a lot greater should anything unexpected happen. For example, think if you have a medical emergency in a foreign country or a natural disaster forces you to leave your housing.
Your flight could be canceled: your handbag could be lost, or your wallet or passport could be stolen. Unfortunately, these are all situations that happen to tourists every day.
The impotence of travel insurance
Travel insurance is one of the most important finances a traveler can make when determined to travel. Travel insurance is particularly important while traveling abroad because of a few risks it covers.
A travel insurance policy typically covers medical risks, travel risks, and flight disturbances.
5 reasons which explain the importance of travel insurance:
Fallen sick
By chance, if you fall sick and need medical help urgently during your travel duration, it will cost you a fortune. Hospitalization expenses and medical charges shall create a financial overload. Most travel plans cover hospitalization expenses; in case you fall sick, choosing travel insurance plans for your international travel plans is very important.
Delay or loss of checked-in handbag
If you do not receive your checked-in handbag on time or it gets lost in transportation, travel insurance covers such an emergency. Moreover, most of the time, airlines have incomplete responses and ask you to wait for 24 hours or keep locating the baggage; hence, in such a situation, travel insurance could act as a protector.
Flight delays
Delay in flights or rescheduling of flights is a common situation during international travel. In case the aircraft is delayed for more than 6 hours, we repay the amount spent on purchasing meals, refreshments, etc., subject to obedience to bills.
Loss of passport or other important documents
In the event that the passport belonging to the insured is repaid the actual expenses acquired in obtaining a duplicate or fresh passport.
Personal accident
In case of a personal accident, HDFC ERGO pays damages for accidental death or permanent total ailment on the insured person.
Other hosts of benefits
Emergency Dental treatment, loss of handbag, personal documents loss, loss of checked handbag, delay of checked handbag, personal liability, and Hijack debt allowance.
