Why You Should Buy Travel Insurance Before You plan your Next Trip

ShiftRisk Team
August 20, 2022

If you travel abroad, it's very important for you to make sure that you are financially protected in case something goes wrong.


Has the wanderlust in you ever wondered about the risks you might face in your pursuit?


When you go on a trip, it is the excitement and thought of exploring new places that make you travel. However, there are many challenges, such as flight cancellation, lost, damaged, or stolen luggage, flight accidents, medical evacuation, etc that could peek into the trip. These accidents or emergency situations can cost a lot and create trouble for travellers. That is why people choose to buy travel insurance, the ultimate saviour.


Travel insurance is an important part of planning your next vacation, whether it is in India or Abroad. It protects you from unforeseen circumstances. It helps you enjoy your trip by ensuring that you meet all the requirements for entry into foreign countries as well as any medical and other issues that could arise during your trip.


Types Of Travel Insurance

When you're on vacation, it's easy to get caught up in covering maximum places and tick things off from your to do list. But if something goes wrong — from a misplaced wallet or passport to an emergency medical issue — you'll want the peace of mind that comes from knowing you have insurance coverage.


Many different types of travel insurance plans are available:


Domestic Travel Insurance Plan: This type of plan protects travellers against financial loss due to unexpected events such as cancelled flights or stolen luggage. Domestic travel insurance provides medical coverage, loss of luggage, trip cancellation and trip interruption.


International Travel Insurance Plan: This type of plan provides comprehensive protection when travelling outside India. International plans may include coverage for medical expenses incurred abroad, evacuation services, and lost baggage protection, among other things.


Single And Multiple Trip Insurance: As the name suggests, a single-trip travel insurance policy retains its validity through the time you are on a trip. It covers both medical as well as non-medical expenses (such as baggage loss, delays in flights, etc.). A multi-trip insurance policy, on the other hand, provides extended coverage (usually lasting a year in most cases) so that frequent flyers don't have to go through the entire process of availing of insurance every time they prepare for travel.


Group Insurance Policy: Consider group travel insurance if you're travelling abroad with a group of people where each of you already has a similar policy or coverage. You'll save money on premiums while still having the benefit of a larger insurance pool to draw from in case of an accident or illness.


Uses of Travel Insurance

Travel insurance is a type of insurance that provides protection for travellers against sickness, accidental injury, theft, loss of documents like passports and other risks. It can be purchased by travellers who are planning to travel domestically or internationally.


Travellers may buy travel insurance to cover unexpected events such as medical emergencies, lost baggage and trip cancellation or interruption. Travel insurance also covers emergency medical expenses incurred during your trip as well as costs associated with returning home early due to illness, injury or death of a family member.


Travel insurance can be purchased before you leave on your trip. Some policies offer coverage for pre-existing conditions if notified within the specified time frame prior to purchasing the policy.


The most common uses of travel insurance include:


Medical coverage: Covers the cost of medical treatment received for injury or illness that occurs during your trip. The travel insurance policy covers costs for Immediate medical assistance, hospitalisation expenses in a foreign land, medical evacuation, body repatriation, and ambulance charges. Some travel insurance policies will also cover routine medical services such as checkups and vaccinations.


Cancellation for any reason: If you are forced to cancel your trip due to circumstances beyond your control, this type of policy covers expenses like unused hotel nights and flights home. Some policies also cover cancellation fees charged by tour operators or airlines.


Delayed Flight: If your airline is delayed on the way to your destination (or vice versa), this type of policy reimburses you for ticket fare and other incidentals related to the delay. It can also cover the cost of changing hotels or hotel stay extension if your original hotel is no longer available.


Baggage loss/damage: Covers damaged or stolen items during your trip, including cameras/electronics/valuables like jewellery/watches (these items can be


Accidental Death and Flight Accident Coverage: If you or a family member are injured or dies in an accident while travelling, the dismemberment policy benefits your beneficiaries.


Financial Emergency Assistance: Get emergency cash in case of robbery, theft, or dacoity, and pay for 3rd party damage.


Travel Insurance Features  to lookout for

Travel insurance plans can be choosen as per your requirement from the available packages covering different types of liabilities and events since the features of a Travel Insurance policy may vary depending upon the benefits and coverage offered by a specific service provider. However, registered brokers like ShiftRisk Insurance brokers can help you buy the best travel insurance plan as per your specific travel plan. Enlisted are some of the benefits you will get if you choose your travel insurance broker wisely.


Smooth Claim Process

You'll receive every minor detail of the policy that you're buying.


No Pre-Test

Direct communication with an agency representative who will guide you and support you with the whole processing of your claim


Cashless Hospitalisation

Get your insurance with a few easy steps. You may get dedicated support throughout.

Immediate Compensation

In most cases, you will get compensation for loss in no time.


Easy Extension, wide range of plans

Your Travel Insurance advisor will suggest a Travel insurance plan according to your need and the rules of the destination country.


Conclusion :

If you have been planning for a vacation but have hesitated trying out a deal because of some misfortune or the other, travel insurance plans are an excellent way to get around that uncertainty and just book it. It is definitely recommended that you do so before you start making plans for your next vacation.


Want to know more about Travel Insurance Policy?

Travel Insurance Experts at ShiftRisk are at your disposal.

Book your appointment with us now!
Written By:
ShiftRisk Team