Risk Factors in Going for a Tour and Benefits of Travel Insurance

When we want change, more fun, entertainment, we go for tours. We also go for business tours. For tour preparation, the things that occupy in mind are packing, bags, tickets, hotel booking, music player, handy cam and more.

What will you do if you have to miss your flight due to an unforeseen accident? Or if the flight landing off leaving your baggage behind, what do you do after taking off with few clothes?

However, most of the people don’t give attention buying Travel Insurance policy prior to go out for a new place. The insurance is not even considered essential until something unwanted terms happen. However, some incidents such as loss of baggage, delay or cancellation of flights, medical complications are some of the common possibilities while travelling. So, it is very important to realize that even a small tragedy can ruin beautiful holidays.

To secure from such risks, it is important to be
covered during risks. Travel insurance can secure from unwanted tragedy. Therefore, it is advisable to insured yourself and your family covering the risk of a financial loss and health complication while travelling.

Travel Insurance can be taken momentarily for one-time tour or throughout the year who are frequent travellers. The most common tours for which travel insurance has become important are business travel, leisure travel, adventure travel, cruise travel, international travel and overseas student travel.

Travel Insurance generally covers:

1)    Medical expenses

2)    Missed connecting flight

3)    Tour cancellation expense due to bad weather condition

4)    Delay in Tour

5)    Loss of passport

6)    Accidental injury/death

7)    Loss, theft or harm of documents, money or personal possessions

Travel Insurance also has lots of benefits. Let’s come to know these benefits here:

Benefits of Travel Insurance

Travel Insurance is the solution, which insures safety from many unwanted risks include:

1)  Medical Care and Evacuation:

If the person gets sick or suffer an injury, a proper medical treatment, tests and medical cost are covered by travel insurance. Just in case, person requires better medical facilities, he/she is referred to better treatment, which is also included in the travel insurance.

2)  Baggage Loss:

Losing/misplacing passenger luggage in airlines is a very common incidence. Travel insurance covers that expense of lost belongings.

3)  PA (Personal Accident) coverage:

While travelling, sometimes life has the propensity of happening unwanted circumstances like accident, which potentially upsetting one’s life and causing financial hardship.

With travel insurance, these circumstances can be safeguard and in control the person and family.

4)  Child Responsibility coverage:

Due to some uncertainties, if the person is not in the condition to handle oneself and the child, Travel insurance gives expense to the other family member to handle the situation.

5)  Repatriation of Remains:

If unfortunate happens, the person will get expenses coverage for repatriation of the remains.

Therefore, insuring everyone with Travel Insurance is highly recommended to everyone so that travellers can make their trip journey enjoyable. Click IRDA Guideline for Travel Insurance FAQ.