What An Overseas Travel Insurance Policy Covers?

Traveling is fun, especially when you travel with your family. Most people travel overseas to spend their holiday time and enjoy a lot. To make your holiday trip to abroad a memorable experience, you must avail the cover which is provided by overseas travel insurance plan. There are different types of insurance coverage provided by insurance. Read this blog to know them.

Cover Against Trip Cancellation

This travel insurance plan for overseas also covers cancellation of your trips. It means, if you need to cancel your trip or cut it short because of family or personal medical emergency, then the insurer will reimburse you for the non-refundable portions of travel expenses spent.

Cover Against Baggage Loss or Theft

Under this policy, insurance companies reimburse for all or part of the value of your travel belongings in case you lose them or they are damaged. To claim, you need to provide proof of your ownership which includes original purchase receipts or photos, etc.

Cover Against Emergency or Accidental Medical

Depending the type of insurance plan you buy, the policy covers you against accidental or emergency medical requirements. Insurance companies reimburse or provide you coverage for medical expenses incurred during the tip. You can claim in case you fall ill, meet an accident, flight hijacked, etc. It is important to remember that physical harm occurred due to your participation in sports etc will not come under the policy. In addition, you cannot claim in you case you are in a country in political turmoil or if your injury can be related to acts of war or terror.

So, if you are planning for an international trip with your family, buy a travel insurance policy from a popular insurance company in India. It safeguards you and your family from any untoward situation. There are many such companies in India. You can find them online.

Taking A Deep Dive Into The Most Cost-effective General Insurance Policies

Are you planning to buy a general insurance plan for your home, or your family health, or your two-wheeler or your office? Here comes your solution. In order to offer customers the best general insurance policies, Iffco Tokio has been a reliable brand since inception.

Insurance investment is no fad. Rather, it's the need of the hour. With surmounting risks involved in modern lifestyle, staying protected and covered is one of the biggest challenges. If you choose a reliable general insurance policy, you win half of the battle. Moreover, choosing a general insurance policy from a brand that offers full customer support is of great help. This blog elaborates on the benefits of buying Iffco Tokio's most popular and cost-effective general insurance policies in brief. Read on and take a deep dive into the matter.

#1. Digital Is Delightful-

With advancement and progress in the field of technology, buying or doing a research on general insurance plans is just a few clicks away. Digital or mobile platform is one of biggest delight of the age. Customers gather information and buy a these life and pocket -saving plans at any time while saving big on time and money.

#2. Complete and Comprehensive Cover-

The most important benefit that this plan offers you is complete solution and comprehensive coverage when you are in need. To claim a process, you just inform your insurer over the phone or online and Iffco Tokio will there with you amid all turbulent situations.

#3. ROI or Return On Investment-

With the help of an insurance plan, you get enough scope to earn ROI. How? Simple. You pay regular premium and this is what offers you financial relief when you need it for paying hospital bills or bike or car repair bills. It saves your pocket and time.

The Bottom Line-

The most important thing to remember here is to how to get the best and the most cost-effective general insurance policies. The easiest way is to request a quote from Iffco Tokio and compare it with other plans available in the market. Choose wisely and stay safe and cover all the time.

Tips to Choose the Right Travel Insurance for Overseas

Even in this current economic crisis, people plan holiday trip to Europe, the UK and to many other popular destinations. If you too are planning an international trip, you should buy a comprehensive travel insurance policy. Failing to buy a travel insurance for overseas can be a costly fault – even a minor surgery in any emergency can cost huge. Don't let the price quoted by your travel agent or insurer put you off. According to experts, policies bought from a travel agent can cost four times as much as those you buy from a popular insurance company.

Here is how you can be able to get the right policy for you. Read on to know these significant tips on cutting the cost of travel insurance. And ensure you get the right policy for you.

Look Across Boundary Line

Since travel insurance is no different from any other insurance policies, price should not be just the matter of your concern. In general, you should focus on a policy that includes huge compensation for medical, personal liability, flight cancellation, loss or delayed of baggage, passport or cash. The level of excess you choose – i.e. the portion of the claim that you need to meet before the insurer pays out – affects premium. It is important to keep in mind no all insurance companies allow to adjust excess. But the more you are prepared to pay, the lower your premium will be.

Types of Policies

Generally two types of insurance policies you can avail – single-trip and multiple trips policies. Single trip covers only one trip whereas multiple trips cover you for every trip you make over the course of a year.

• Single Trip Policy – For you know that you will be taking international trip only once over a 12-month period, buying a single trip insurance policy is the best to suit you. It makes more sense to you.

• Multi-Trip Policy – If you know that you will be making more than once overseas trip, multi-trip policy might be the finest option. It might be cheaper than byuing many single-trip policies – especially if you are going long-haul.

Know Your Cover

Including other consideration is to know your cover. Ensure in which cases the policy will come to protecting you against. Make sure it covers you against, flight cancellation, delay of checked baggage, loss of passport, medical treatment, airline failure and so on.

Overall, buy a travel insurance policy for oversea from a premier and leading general insurance company. But, don't fail to keep the points mentioned above on high priority.