How to buy the best travel insurance plan

With the advent of many online insurance web aggregators, buying an appropriate travel insurance plan to match your tour package has never been so trouble-free.

So, you are ready for your next travel destination but did you take time to think about buying travel insurance before heading out? Most people do not bother taking a travel insurance plan before any trip. The fact is that a travel insurance plan can act as your saviour in case of any unwanted event during your journey. There are many more benefits that you will get on buying in a suitable travel insurance plan.

Today, the numbers of unwanted incidents have increased. Robbery, thefts, and terrorist attacks are some of the usual threats during a travel plan. You never know how bad it can affect you while you are in a new place for vacation. Travel insurance is a helpful tool which can protect you from these unwanted incidents during the tenure of the trip and it can even provide a good compensation when you need it during unforeseen events or emergencies.

These days travel insurance has become one of the topmost items in the priority list of any travel itinerary. Tourism sector in India is growing at a fast rate and there are number of players alluring customers by providing customised travel plans.

Online travel insurance

Buying travel insurance online is a simple process as it takes only a few minutes. Within a few clicks, you can easily do the comparison for the best travel plan with the help of its listed features and related details. Comparing is the simplest way to get the best travel insurance plan. As premium is the main factor to consider, with the help of an online insurance web aggregator, you can calculate the premium of different plans being offered by companies. You can also use an online calculator for calculating premium and invest in the best one.

Things to keep in mind

Here are some effective tips that will assist you in finding and buying the best travel insurance policy online, for all your vacations:

• Prior to searching for a travel insurance plan, you should first decide your destination where you would like to spend your holidays. After finalising the destination, search for trustworthy travel insurance companies online and ask for different plans and quotes that they are offering. Instead of searching numerous insurance companies online, you can take help of an online insurance web aggregator that would do all the work of finding and suggesting a suitable plan on your behalf.
• For old people, it is advisable to select the plan which covers emergency and medical expenses along with the hospitalisation and ambulance charges
• If you are a frequent traveller, then you can easily get some discount on travel insurance plan
• Your insurance plan and its features may differ as per your destination. Most of the insurers are providing coverage for personal injuries but coverage eligibility is lost in case of adventure trips like sea diving, rafting, mountain climbing, etc
• There are different insurance plans for business trips which usually provide coverage for loss of business valuables and other related things, etc.
• Insurance plans for students provide financial coverage and assistance in case of uncertain events during their overseas visits for education
• If you buy a family insurance policy, then the insurer would offer compensation to your family in case of flight delays, loss of luggage and other similar situations depending on the insurer
• It is advisable for you to avail guarantee from the insurer that it will refund tourism amount if you cancel the trip due to any unforeseen incident
• Before applying for the travel insurance plan, be ready with your insurance checklist
• Pet insurance policies are also available for travellers who want to take their pets along with them on the trip
• Travel insurance plan is a vital part of traveling to a foreign country, especially for those who are going there for the first time. The first-time traveller should make sure that s/he is buying a comprehensive travel insurance plan after researching and short listing a suitable plan online that covers all the phases of the trip

Photograph: Antony Pratap/Creative Commons