Travel Insurance

Travel insurance is a type of insurance protection designed to cover the cost of trip cancellations, emergency medical expenses and unexpected losses (lost luggage, lost passport), and flight accidents. It trims down the risk associated with unforeseen events encountered during the trip.

And, in order to be safe than sorry, you must compare travel insurance and buy the best travel insurance plan to take care of all sorts of risks that might occur during your trip. Travel insurance is a safeguard that can protect you and your loved ones from unforeseen circumstances.

Buying a travel insurance policy not only protects you from unexpected events but also aids you in cherishing all the wonderful memories of your trip. It is vital to add a travel plan to your checklist while planning your vacations.

After all, someone did say, “Live with no excuses and travel with no regrets.

What is Travel Insurance?

Travel insurance is a kind of insurance covering the losses and costs related to travelling. This type of insurance is a useful safety for the ones travelling abroad or domestic.

So, if you’re a travel junkie you would be wondering how a travel insurance policy helps you with your vacation. Well, a travel insurance plan would aid you deal with the entire medical and travel contingencies while travelling abroad. Buying travel insurance might sound silly, but it is always better to safe than sorry. Having a travel insurance plan not only safeguards your from all the possible unanticipated circumstances but also aids you have a worry-free vacation. It is utmost vital too add the best travel insurance policy to your travel checklist while planning your trip, be it a business trip or leisure vacation. This ensures safety in case of events such as loss of luggage or passport, flight cancellation or delay, along with medical contingencies.

Single Trip Policy:

A single trip insurance policy is best-suited for one-time travellers. This policy lasts for maximum of 180 days. However, you can extend the policy by putting a humble request to your insurance provider. So, if you have travel plans ahead do not forget to buy travel insurance.

Annual Multi-trip Policy:

An annual multi-trip policy is perfect for frequent globetrotters or flyers. It is valid to make various trips during a year. Each policy ranges from 30-45 days. You’re given an option to select the coverage depending on the type of policy based on your needs and requirements. Nevertheless, travel insurance offers several plans.

Why do we need Travel Insurance?

Travel Insurance

Going on a family trip to some foreign land or traveling alone to see the beauty of mountains/sea always comes with lots of excitement. However, a trip may not always be fun, because life is really uncertain and one may come across various unexpected issues. Issues like sudden medical emergency, baggage or passport loss, flight delay, or missing connecting flight are some of the situations that can occur with anybody.

Travel insurance is one thing that can protect it’s insured against all such situations that can occur while traveling. Therefore, if things do not go as planned while on a trip, then having a travel insurance policy can shield an insured against various travel uncertainties.

What is covered under Travel Insurance?

Travel insurance policy covers medical expenses, theft or loss of baggage and passport, flight cancellations, evacuations, flight delays etc.

Medical Contingencies:

The medical expenses in countries like America are very high that it can burn a hole in your pocket if you fall ill while travelling. A travel insurance policy provides protection against these financial perils and covers all your medical costs.

Trip Cancellation Coverage:

Trip cancellation coverage is the most extensively used coverage in a travel policy. You pay a large amount in booking your vacation. In case you have to cancel your vacation for any reason, it might cost you a fortune. This is where your travel insurance comes to rescue. Trip cancellations are usually made for death in the family, injury or sickness.

Emergency Evacuation:

In case you come across a situation where you have to be evacuated from your trip due to any terrorist activity or natural calamity, your insurance provider will pay the expenses incurred during the process. Emergency evacuation cost includes your return flights directly to the hospital of your choice in the city or home.

Lost passport or luggage, delayed flights, flights cancellation etc:

Travel insurance policy offers cover against theft or loss of your passport and luggage. It helps you in arranging a temporary passport and allows you to have a worry-free vacation. It also covers the flight cancellation and flights delays.

Travel insurance is subjective and is based on your insurance company. Therefore, it is vital to read the fine prints of your policy carefully before you buy travel insurance.

Additional coverage with travel insurance:

Travel insurance policy also offer coverage for:

  • Adventurous Sports extends the medical cover for activities such as Scuba, mountain hiking, etc.
  • Life insurance covers for dismemberment and accidental death.
  • Identity theft offers services to aid in case of identity theft while you’re travelling.
  • Rental company policy or personal insurance is replaced by Rental Car Collision.

Best Travel Insurance Plans:

Insurers Categories Covered Special features Exceptions
Bajaj Allianz Travel Insurance
  • Individual
  • Family Floater
  • Student
  • Annual Multi Trip
  • Senior Citizen
  • Advance emergency cash
  • Bail bond coverage
  • Covers home burglary
  • 2-way compassionate visit
  • Checked-in baggage loss
  • Pre-existing diseases are not covered
Apollo Munich Travel Insurance
  • Family Floater
  • Individual
  • Annual Multi Trip
  • Checked-in baggage loss
  • Personal liability coverage
  • Cancellation of trip and curtailment
  • Availability of emergency cash in advance
  • No specific plan for Europe or Schengen
  • Any pre-existing disease is not covered
Bharti AXA Travel Insurance
  • Annual Multi Trip
  • Individual
  • Family Floater
  • Specific plan for Schengen
  • 2-way compassionate visit
  • Availability of emergency cash in advance
  • No cover for any pre-existing disease
HDFC ERGO Travel Insurance
  • Student
  • Individual
  • Annual Multi trip
  • Family Floater
  • Checked in baggage loss
  • Benefits in case of flight delay
  • Interruption in studies (Student Plans)
  • Mental and nervous disorder of students is also covered (Student Visa)
  • No coverage for pre-existing diseases
Future Generali Travel Insurance
  • Annual Multi Trip
  • Individual
  • Availability of emergency cash in advance
  • Personal liability coverage
  • Trip cancellation and curtailment is also covered
  • Benefit of child escort
  • No pre-existing diseases are covered
IFFCO TOKIO Travel Insurance
  • Individual
  • Availability of emergency cash
  • No pre-existing diseases are covered
Reliance Travel Insurance
  • Family Floater
  • Individual
  • Annual Multi Trip
  • Senior Citizen
  • Student
  • Availability of emergency cash in advance
  • 2-way compassionate visit
  • Covers home burglary
  • Checked in baggage loss is covered
  • Bail bond coverage
New India Assurance Travel Insurance
  • Student
  • Individual
  • Repatriation of mortal remains
  • There is no coverage for any pre-existing disease
Religare Travel Insurance
  • Family Floater
  • Individual
  • Student
  • Annual Multi Trip
  • Senior Citizen
  • Availability of emergency cash in advance
  • 2-way compassionate visit
  • Checked in baggage loss
  • Coverage for pre-existing disease
  • Bail bond coverage
Star Travel Insurance
  • Individual
  • Delay of flight and missed flight are covered
  • No coverage for any pre-existing disease
Royal Sundaram Travel Insurance
  • Annual Multi Trip
  • Individual
  • Compassionate visit
Universal Sompo Travel Insurance
  • Individual
  • Delay of flight and missed flights are covered
  • No coverage for any pre-existing disease
TATA AIG Travel Insurance
  • Individual
  • Annual Multi Trip
  • Family Floater
  • Senior Citizen
  • Student
  • Checked in baggage loss
  • Availability of cash in emergency
  • 2-way compassionate visit.
  • Coverage for bail bind is also covered
  • Covers home burglary

Types of Travel Insurance

Domestic Travel Insurance

A travel insurance policy that covers travel within India and provides cover against medical emergencies, death, personal liabilities, permanent disability, travel delay, and baggage loss.

International Travel Insurance

Whether it is a family vacation to some foreign country or business meeting overseas, an international travel insurance policy protects an insured everywhere against different unforeseen situations.

Student Travel Insurance

This insurance policy is to provide protection to students who are going to a foreign land for studies. Issues like sudden illness, financial crisis, baggage loss, loss of travel related documents are covered.

Medical Travel Insurance

To get specific cover for medical expenses while traveling to a foreign land, this insurance policy is introduced. It covers medical evacuation to repatriation of mortal remains.

Group Travel Inusrance

A group travel insurance policy is for those who are traveling in a group. This group can be from the same family or cannot be, but all must be traveling together to the same places.

Senior Citizen Travel Insurance

To protect the senior citizens against medical issues, personal belongings loss, or emergency evacuation in a foreign land, this insurance policy is recommended.

Family Travel Insurance

Under this travel insurance policy, entire family is covered. It covers cashless hospitalization, baggage loss, loss of passport, and other incidental expenses.

Multi Trip Travel Insurance

This type of travel insurance offers extended coverage for a year. It is designed for frequent travelers and allows an insured to cover multiple destinations in a year.

Salient Features of Travel Insurance:

There are certain features which you should look for while zeroing down on a travel policy. They are:

Reimbursement for Flight Issues:

Compensation in cases like delay or cancellation of flights is provided by a travel insurance policy. This is generally covered in case of foreign trips. You’re provided with proper compensation for a cancelled or delayed flight.

Medical Contingency and Hospitalization:

Imagine a situation where a medical contingency strikes or you meet with an accident. What will you do? How will you manage your medical expenses? The best travel insurance will bear all the treatment-related expenses for you.

Legal Liability and Expenses:

Any contingency that causes trip delay or termination is covered under a travel insurance policy. Meanwhile, expenses incurred on unplanned accommodation (in case of emergency), and expenses of are covered under your travel plan.

Travel and Accommodation:

Any contingency that causes trip delay or termination is covered under a travel insurance policy. Meanwhile, expenses incurred on unplanned accommodation (in case of emergency), and expenses of are covered under your travel plan.

Reasons to Buy Travel Insurance

Traveling is always fun, but it can be troublesome, if the traveler encounters medical emergency, baggage loss, or loss of travel documents. For such situations, travel insurance comes as a rescue. Whether one is traveling domestically or going on a vacation overseas, travel insurance is highly recommended always. The reasons to buy travel insurance and few benefits that a travel insurance policy gives to its insureds are:

To get help in a foreign land:

Whether it is emergency financial need or medical requirement in a foreign land, everything becomes really difficult while one is traveling. Having a good travel insurance policy protects one from such unexpected situations.

Get cover for trip disruption:

Life is uncertain and to manage uncertainties when one is in a foreign country for travel is difficult. A travel insurance protects an insured against loses like journey break, trip curtailment, ill health, etc.

Covers Medical Expenses:

Medical cover is probably one of the most prominent reasons to take a travel insurance policy. Most of the policies cover sudden illness, medical evacuation, but to get cover of need, one must check policy inclusions.

Loss/Theft of Personal Belongings:

Theft/loss of personal belongings like baggage that is checked-in is covered in the travel insurance policies. Loss of money and the cost that one needs to pay for passport replacement are also included.

Coverage in rural areas:

If the location you choose to visit is remote, there are chances that you might not find proper medical facilities. If you fall sick or meet with an accident, you might have to be airlifted to hospital. Without an insurance cover, the expenses incurred for airlifting would cost you an arm and a leg.

Flight Cancellation/Re-schedule:

Imagine, you’re ready to embark on your vacation and your flight gets cancelled or is re-scheduled, how would you feel? Most probably, annoyed, frustrated, and saddened. Buying travel insurance offers cover against flight cancellations/delays.

Covers your entire family:

Best travel insurance in India the one which offers an adequate insurance cover to the entire family. Travel insurance becomes utmost important while travelling with children as they’re at a higher risk to illnesses and injuries.

Personal Liability Cover:

While travelling, if you get involved in an accident that causes personal damage or injury to someone’s property or bodily injury to someone, travel plans will come to your rescue.

Emergency Assistance:

Disasters can occur without a preamble. In case of an act of terror, natural disaster, or airline strike, no one, including the airlines, will aid you. Your travel insurance will have your back in such troubling situations.

Covers Emergency Accommodation:

Any emergency that is resulting in trip delay or termination of trip is typically covered in a travel insurance plan. The expenses of hotel accommodation, air ambulance, and in-between transportation are also covered.


Travel Insurance Inclusion & Exclusion

Though different insurance providers offer different coverage for travel insurance policies, but there are some generic inclusions that most of the insurance providers cover and the same is true for exclusions as well. However, below mentioned are some of the common inclusions and exclusions of travel insurance plans:


  • Loss of checked-in baggage/passport
  • Sponsor protection
  • Personal liabilities
  • Emergency medical/dental treatment expenses
  • Medical examination
  • Accidental death
  • Permanent disability
  • Bail bond
  • Companion-ate family visit


  • Pre-existing disease
  • Traveling against medical advice
  • Loss of passport (If left unattended)
  • Expenses incurred due to drug or alcohol abuse
  • Mental treatment like depression, anxiety, etc. is not covered
  • Treatments other than allopathy
  • Expenses incurred due to terrorism/civil war
  • Suicide or attempt to suicide
  • Damage or loss of keys

Eligibility Criteria for Buying Travel Insurance Policy

A travel insurance policy not only safeguards an insured against sudden illness or accident in a foreign land, but it also offers protection against loss or theft. Below mentioned are the eligibility criteria for buying a health insurance plan:

Student Travel Insurance Plans:

Most of the travel insurance policies cater to the students who are between the age of 16 years and 40 years and who have enrolled themselves in an institution overseas for higher studies.

Family Travel Insurance Plans:

Under this travel insurance policy two adults of age up to 60 years and 2 children of age up to 21 years are covered.

Schengen Travel Insurance Plans:

Adults up to the age of 70 years and infants up to the age of 90 days are qualified to take Schengen Travel Insurance Policy. The objective of travel must be business/tourism.

Senior Citizen Travel Insurance Plans:

To buy a senior citizen travel insurance, elders with age up to 85 years do not need to undergo any kind of medical checkups.

Documents required to claim Travel Insurance:

You will have to present the following documents while claiming travel insurance policy:

Hospitalisation/Medical Treatment:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Admission and Discharge Slip or card for hospitalisation
  • Doctor’s/ diagnosis report
  • X-rays, Pathological/ investigative report
  • Original invoices and prescriptions
  • Copy of your ticket
  • Copy of boarding pass
  • Copy of passport
  • Visa document with entry and exit stamp

Financial Emergency Assistance:

  • Policy or FIR Report
  • Loss date

Loss of Luggage:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Copies of luggage tags
  • Property Irregularity Report from your airlines
  • Copy of the communication done with your airlines

Medical Evacuation:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Medical Reports
  • Reports by the Doctor
  • All the invoices for incurred expenses

Compassionate Visit:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Copy of air tickets
  • Invoices for incurred expenses
  • Report by the attending doctor to need assistance

Study Interruption:

  • Fee receipt of the University
  • Medical Report from the attending doctor as the interruption’s proof

Sponsor Protection:

  • Medical reports from the attending doctor that contains details of the medical treatment of the sponsor

Accidental Dismemberment/Disablement:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Report by the attending doctor
  • Lab Report
  • Policy report (if required)
  • Admission and Discharge slip in case of hospitalisation

Luggage Delay:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Copies of luggage tags
  • Property Irregularity Report from your airlines
  • Invoices for other incurred expenses
  • Copy of the communication done with your airlines

Accidental Death:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Original Death Certificate
  • FIR or Police Report
  • Post Mortem Report

Loss of Passport:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • FIR or Police Report
  • Invoices of the incurred expenses to get a new passport
  • Copy of old passport

Interruption or Delay or Cancellation of Trips:

  • Travel Insurance Claim Form
  • Copy of Travel Insurance Policy Document
  • Copy of the communication done with your airlines
  • Original air tickets
  • Confirmation from Airline
  • Invoices of other expenses incurred

Personal Liability:

  • Statement from the witnesses
  • Additional documentation or information related to the incident
  • Statement of the facts

Calculation of Travel Insurance Premium:

The premium that one needs to pay for a travel insurance policy depends upon the policy type. However, in general the following factors determine the premium of a travel insurance policy:


The younger you are, the lesser premium you need to pay.

Plan Coverage:

Multi-trip insurance requires a higher premium as compared to single-trip insurance. This is simply because multi-trip insurance covers more than one trip.

Travel Duration:

If you’re going on a long trip, then you might have to shell out more money for insurance.


The premium of your travel insurance policy depends on your destination. In countries where medical care is expensive, the premiums would be higher, E.g., You’ll have to pay high premiums while travelling to countries such as Canada, the United States of America and Japan.

Action and sports-packed vacations:

If you’re an adrenaline junkie and engage in sports adventures during your expedition, then look for a plan that covers such activities.

Travel Insurance Claim Process:

The claim process of a travel insurance policy is its fundamental utility.

Do not forget to carry your necessary documents while travelling. You must keep the copies of your documents handy in case you lose your original ones. Having a back-up of your documents in the form of a PDF is a great idea. You can store it online, on a pen drive/computer, in an email, or on your mobile phone.

At the time of claim, this is what you should do:

1. Contact your insurer

In case of an emergency during your trip, you must email or call your travel insurance provider to understand the claim procedure, including any information on the supporting documents specific to your case.

2. Submit the Claim form

Send the documents supporting your claim to the insurance provider by fax, post, or email. You can find the insurer’s contact details, namely, email address and customer care number, in your policy documents.

3. Keep your documents ready

You must keep handy all the necessary documents, including claims form, a copy of your policy, police report (if applicable), passport with immigration stamps, personal ID, as you may need to attach these with your claim form.

4. Wait and Get Paid!

Once you file the claim, the surveyor will assess the claim and supporting documents. The insurance company will then calculate the pay-out according to the policy terms and conditions, thus, settling your claim.

Information required to compare Travel Insurance Policies:

You must know the things mentioned below while comparing travel insurance plans:

  • Dates of departure and return
  • Date of first payment
  • Cost of the entire trip
  • The primary destination
  • State and country of your residence
  • Current age of each traveller.

You can compare various travel insurance plans on any insurance web aggregator to get the best policy as per your requirements.

Information required to buy Travel Insurance:

After you’ve chosen the best-suited travel insurance policy, you can buy it online. Over and above the aforementioned information, you’ll need to know the following things:

  • Full name of each traveller along with their date of birth
  • Your full address with phone numbers
  • The information of your nominated beneficiary for AD & D or any flight accident benefits.
  • The information of payment, i.e. date of expiration, credit card/debit card number, etc.

Cancellation Insurance – Travel Insurance:

Insurance providers provide insurance for trip cancellations and curtailment in form of Cancellation Insurance under the comprehensive travel insurance plan. The cost includes are flight cancellation expenses, loss of luggage, accommodation, meals, etc. Cancellation based on emergency are also covered under a few policies. Other kind of coverage available under the cancellation insurance is the costs incurred towards the cancellations due to any sort of terrorist activity while travelling to a high-risk zone.

How to choose the Best Travel Insurance Policy?

Choosing the best travel insurance policy can be an intimidation task. However, having one is extremely vital for all sorts of overseas travellers or globetrotters, regardless of your destination. A comprehensive travel insurance scheme can be obtained by keeping a few things in mind while comparing various plans by different insurance providers.


Your travel destination generally ascertains the required coverage size. The sum assured in determined depending on the geography and also based on the cost of medical procedures in that particular area.

Duration of your trip:

While buying a travel plan, you have to keep the duration of your trip in mind. For a longer duration you will have to pay a higher premium and procure a higher sum assured. If you’re having shorter stays, a travel insurance policy costs relatively cheaper.

Travel Type:

Based on the type of travel, the corresponding travel insurance policy can be obtained. For adrenaline adventure junkies involved in adventure sports activities, add-on coverage for higher risk sports can be chosen. Senior citizens can avail tailor-made policies that cover particular medical illness and treatment. The students can obtain relevant travel policies as per their needs while studying abroad.


If you’re buying travel insurance, you must compare various plans offered by different insurance providers. Understanding the coverage offered, online services, claims process, network hospitals, customer assistance, and payment options is vital for you if you want to enjoy the full benefits of your policy.

Travel Insurance FAQs:

Q1. How can I decide which travel insurance to buy?

A1. You can follow the steps below to choose the best travel insurance policy for you:

Step 1: Choose the type of insurance you wish to buy on various insurance web aggregators and then enter the necessary details including sum insured, date of birth etc.

Step 2: You’ll get different insurance plans. You can compare the benefits, price, and premiums of the plans. You can choose the best travel insurance plan as per your needs and requirements.

Q2. What information is required while buying travel insurance plan?

A2. You will require the following information while buying travel policy:

  • Name of each traveller along with their respective date of birth
  • Mailing address along with the phone numbers
  • Nominated beneficiary information for AD&D of benefits of flight accidents
  • Information on payment (expiration date, credit card number etc.)
Q3. When does the cover begin?

A3. The travel insurance cover begins on the date mentioned in the Policy Schedule or the time of boarding the conveyance or the Date of Departure as mentioned in the policy document, whichever is later.

If you begin your trip after 15 days from the date of travel specified in the policy document, then the policy becomes void. You must get your travel policy revalidated and get the travel date changed. In case the travel has not yet begun then you have can raise a request to change the travel date.

Q4. What is duration of travel insurance policy validation?

A4. Overseas travel insurance policy shall terminate:

  • When the policyholder first lands comes ashore to India or
  • With the end of the term of the policy, i.e. the duration for which you have paid the premium.
Q5. Do I have to carry the policy with me?

A5. It is recommended that you carry the document of policy with you while travelling. This would help you in registering claims. However, in case you’re not carrying your policy document, you must know your policy details such as policy number, sum insured, etc.

Q6. Do I have to undergo medical examination for travel insurance?

A6. There are several travel insurance plans that offer coverage without any medical examination for all ages. However, medical test is required for some age groups and sum assured, based on the plan and the insurance provider.

Q7. What type of Medical tests is needed?

A7. Usually you’re required to undergo three medical tests including Blood Sugar test, Urine test and ECG. However, the medical tests may vary from insurance provider to insurance provider based on the type of plan.

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