Why Travel Insurance is Important ? | Travel Insurance Kya Hota Hai | Groww

When you are going to plan vacation final for a very long time, then the right time comes that you are getting out of daily stress and this vacation is very important to take a break, but if you are sick just before the trip Suppose you reach your holiday destination and you lose your luggage, which contains your passport and other vital documents, or you meet with an accident or medical issue while stored abroad What will happen to the mayor in such circumstances one night? How do you deal with it? Travel insurance is not bothering you to store in foreign countries or domestic companies, store insurance offers many other benefits If you are still confused about stock insurance watch this video? In this for you video, we will know what is broker insurance, its benefits, what type of statement insurance is there in India? What’s Included and What’s Not So State Unit Account Insurance Needed
Before understanding the need of travel insurance, let us understand what is travel insurance? Aas To Naam Suggest Travel Insurance is a general insurance policy that covers different risks like medical expenses, flight cancellation slots, luggage legal, expenses and other losses while traveling domestically or in foreign countries. Protects against damages Medical issues, etcetera and their associated financial costs Travel insurance plan is beneficial for traveling domestically as well as abroad Especially for those who travel frequently abroad When you buy a travel insurance policy, you will pay to the insurance company and the insurance company will Compensates you for losses while traveling If you are wondering what does travel insurance cover apart from medical expenses flight cancellations, slashes, luggage and legal expenses? So do not worry will be covered in that briefly in two videos of state unit when you plan a holiday then you also have such an emergency


Be prepared then it can impact you financially and turn your holiday into a nightmare Travel Insurance is like a safety net that will keep you safe while going to hall etc. We come to the neck section of our video Travel Insurance What are the benefits? Imagine you are traveling abroad and you fall ill and you have to be admitted to the hospital, who will bear the expenses? And medical expenses in some foreign countries can be three to five times more than in India. If you have not taken travel insurance, then you will bear all these expenses. If you have travel insurance? Hospitalization expenses will be covered by the insurance company, which will save you financially One of the biggest advantages of getting cured from your trip with travel insurance is assistance in case of health issues or medical emergencies Travel insurance will cover the cost of hospitalization, ambulance charges and other relative charges Did you know some travel insurance plans cover pandemics like Wet Nineteen as well? Imagine what happens if your flight gets cancelled? don’t


If you have travel insurance then in case of flight cancellation the entire amount for the trip will be safe Let’s assume you have reached the destination and lost your baggage wallet or passport what will you do now? Did you know airlines? About twenty five million bags are mis-handled every year Travel insurance policy will cover the loss of your baggage Will also pay an amount to cover the cost of purchasing essentials till your package is received In some cases, if there is accidental damage to third party property due to your fault If you have then your travel insurance policy will cover it too I am sure you must have understood the importance of travel insurance by now? Let me tell you an interesting fact, Algeria, Argentina, Cuba, Iran, this rail, Nepal, UAE and some of the countries listed on the screen have made travel insurance mandatory for international tourists if you are planning to go to any of these thirty countries. Must take travel insurance Some of you must be thinking that if you plan to study abroad, can you expect unexpected expenses there?
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Can insure yourself from? Yes, student travel insurance can do this work and there are many other types of travel insurance plans, which you should know, so let us now know that there are many types of travel insurance policies in India, choose the policy according to your need, first travel insurance plan Have a domestic travel insurance plan, ask n suggest If you are traveling within India, a domestic travel insurance plan will cover you. It will protect you from situations like accidents, chain seize, flight cancellation, delayed baggage, etc. Next Plans are International Travel Insurance Plan In this type of plan, you are covered when you travel abroad, this plan covers a wide range of travel like overseas, travel holiday, study abroad, business meetings, etcetera. In this plan, you will get medical and dental expenses. , baggage and passport are covered for no trip cancellation flight delay setra next travel insurance plans are single trip travel insurance plans if


If you are making a travel plan then this travel insurance policy is for you. This plan covers a specific trip for a clearly mentioned specified number of days in the policy starting from the departure date till the return date like other plans This plan also covers events like medical emergency, lost baggage, lost flight cancellation etc. Ahead next travel insurance plans are multi trip travel insurance plans If you travel two to three times in a year then this policy is for you Usefully, Business Men and corporate employees prefer it, as it helps to save a lot of money. This insurance plan covers loss of passport, accidents, emergency, medical evacuation, checked in baggage, lost or delayed and any number of things specified by the insurance company. Next Plants Hai Individual and Family Travel Insurance Plans Are you going on a solo trip or visiting your family abroad? Individual travel insurance plan if you are traveling alone


This policy covers non-medical factors like accidents, medical and dental expenses and baggage passport, night santro, on the other hand, there are family travel insurance plans for those planning a holiday with the family, in this also, these short family members of the policy holder Baggage is covered for no medical expenses passport no etcetera equipped type of travel insurance policy student travel insurance policy do you know in last six years 30 lakh Indian students have gone abroad for higher studies go abroad for higher education Students traveling abroad may face challenges like magical and financial issues due to unexpected events. This is where student travel insurance policy comes in handy. This policy is for students studying abroad or going abroad for higher education in a foreign country. This policy provides financial and medical support in case of emergency during the stay of the student in


Can come and meet you and travel insurance will cover the cost apart from this it will also protect you from lost luggage, flight cancellation and personal liability. But do you want to know more about the exact events that travel insurance covers? So that you can make your own decisions Let us discuss on this What does travel insurance cover Different insurances? Companies may include different covers, but the most common covers include personal accident loss and theft of baggage cancellation of flights for missing connections theft or loss of equipment chance laptop, mobile phone set, raft and loss of documents chance passport driving license Etctera Legal Expensive if needed Cancellation of Hotel Booking Hijack Cover Personal Liability Trip Cancellation Treatment Relief Emergency Evacuation Date of the Insured Person Disability of the Insured Person Emergency Hotel Extension Hospital


Daily Cash Allowance Extra Insurance policies cover various risks but keep in mind that not all risks are included. Many travel insurance plans offer an option to add extra coverage for additional risks that may be incurred at an add on premium. What is included in the policy and It is very important to keep in mind what is excluded What are the exclusions in a travel insurance plan? Just as different insurance policies have different inclusions, they also have different excuses, but there are some common exclusions. First of all, travel insurance policy does not cover the existing medical issues of the holder, so before traveling, if you have any illness or health issue Insurance companies will not cover secondly if any medical expenses are incurred due to policy holder’s involvement in adventure sports like bungee jumping scheme, rock climbing, skydiving, etcetera, which travel insurance will also not cover Injuries caused by using illegal drugs or drinking alcohol


In either or event the insurance company will not give any benefit for distance if you have an accident due to consumption of alcohol then the insurance company will not give any compensation also if the treatment is done with Ayurveda, Homeopathy and cosmetic surgery then the policy will cover any medical cost Doesn’t cover if you leave your passport, luggage or other things in such a way that if they are lost you will not get coverage Hospitalization expenses or medical expenses due to self injury Insurance plans will not cover Now you must have understood that What does the travel insurance policy cover and what does not, so now it will be easy for you to choose the policy according to your need. It is important to select the right travel insurance plan while planning your trip, keep in mind that the travel insurance plan Which countries are covered can vary depending on the duration of your trip, whether you are traveling alone or in a group, and the amount of coverage provided. Consider these factors to choose a travel insurance plan that suits your needs:


Apart from this, in the ongoing pandemic, you should look for a travel insurance plan that includes covid-19 coverage, by choosing the right travel insurance plan, you can enjoy your trip with peace of mind knowing that you will be protected against any unexpected Prepared for events Have you ever had a travel mishap that could have been awarded with travel insurance Share your story in the comments below Please note this video is for informational purposes only and does not act as a substitute for professional advice If you find this video helpful then hit the subscribe button and don’t forget to share this with your friends and family thanks for watching bye bye


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