Travel insurance is a type of insurance that is custom-made for people going on domestic and international travels. It addresses the various risks that one may face during travels, including hospitalization, medical expenses, loss of luggage or documents, cancellation or disruption of flights, and various other costs. Travel insurance covers you from the date of departure till your arrival back at the place of origin. For frequent fliers, a travel plan that remains effective for a certain period is more suitable as it covers multiple travels during the policy period.

If that’s the question you’re battling with, read on to check the answer to this question! Medical expenses usually cost 3 to 5 times more in foreign countries. Around 25 million baggage are mislaid by airlines every year. Travel scams are very common in tourist-heavy countries.

So, it’s important not only to purchase a travel insurance plan but also to choose the right one. If you buy a travel insurance plan online, you’re safeguarding your trip against all the financial losses. Leave aside the financial backup and roaming around abroad without any adequate insurance coverage, as this can prove fatal at the times of an unfortunate event.

A lost passport or a missed flight are very scary situations for the tourists. One can feel lost even without an insurance cover in a variety of situations, so always keep a backup with travel insurance policy.

There are two choices of individual travel insurance depending on individuals with different requirements.

Single trip Study Travel Insurance

As the name suggests this type of travel insurance covers only 1 trip. The cover starts on the day of the journey and ends on completion of the travel.

Annual Multi-trip Study Travel Insurance

This type of travel insurance is valid for multi trips and is ideal for businesspeople and professionals who frequently travel abroad for work basis. The advantage of this policy is that you don’t need to take the hassle of buying a travel policy again and again for your travel in a year. This type of policy also works out cost-effective than purchasing single trip policy for each travel expedition.

Whatever the reason be, an unfortunate incident or accident can happen anytime while travel which can spoil the fun or goal of the trip and put you in deep trouble of financial burden. To mitigate the risks of such events, a travel plan is a great solution. It protects the policyholder from financial losses as a result of unexpected events which may happen during the journey.

No one can guarantee a stress-free trip to any destination. A well-planned journey can get disrupted if an expected incident occurs. For example – What if you are your partner or children meet with an unfortunate accident and require medical help or hospitalization? Or if your flight gets delayed due to bad weather conditions Or the airline loses your luggage, Or the flight gets cancelled at the last minute Or you miss your connecting flight to your destinations. The list of unfortunate incidents is endless. The only solution to overcome these unexpected problems is to have travel insurance safeguarding you always during your travel. Not only the travel insurance help you handle adversities for you, but it also mitigates your financial losses and keeps you out of misery. With a comprehensive travel plan, you can sit back relax, enjoy your trip and make lasting memories of your trip.