Travel insurance is an investment that secures the insured from various unforeseen events that may occur while traveling abroad. Apart from covering travelers against unpredictable incidents during the trip, having travel insurance can protect an individual from any adversity even before the trip has started. From booking your trip to accommodation, everything is in place. What if your flight gets delay or if you have lost your luggage? In such cases, travel insurance helps you compensate for the loss.
There are numerous myths surrounding travel insurance because of which many people consider this to be an avoidable expense. To help you make a wise decision, we dismiss some of the common myths about travel insurance.
#Myth1: Nothing can go wrong on a trip
Fact: This is one of the common myth that is believed by most travelers. The majority of travelers believe that nothing can go wrong on a trip. But, this is not always true. If anything adverse has not happened till now, this does not mean that you are safe for every expedition. Loss or theft of passport, sudden illness, and trip delay are some of the reasons why having travel insurance becomes important.
#Myth 2: All travel insurance plans are similar
Fact: This is a common misconception people have in the domain of insurance. There are numerous travel insurance plans, online and offline provided by a number of banks and insurance companies. An individual can get a number of policies catering to their age groups, a wide range of activities and covering different destinations. Different policies have different benefits and coverage catering to a large number of travelers. One needs to understand the available plans and choose the one that suits your requirements.
#Myth 3: No travel insurance plans cover my pre-existing medical conditions
Fact: Religare Travel Insurance is a trusted name in the Indian insurance industry. It provides a number of online travel insurance plans by ensuring travelers a comfortable trip. It covers hospitalization expenses incurred for the treatment of the insured person occurring due to pre-existing diseases.
#Myth 4: It is fine to book travel insurance later
Fact: Many people believe that there is no need to buy travel insurance in advance. The main purpose of having this plan is to secure any unforeseen emergency that may occur. People often ignore that any unexpected event can make it difficult for them to continue their trip.
#Myth 5: The airline will cover the expense for delayed /canceled flight
Fact: Flight delays are a common affair these days. In case if you have missed your flight due to weather conditions or a technical fault. Don’t rely on the airline to reimburse the ticket cost. In most cases, airlines do not reimburse for the losses caused due to flight delay or cancellation. However, having a travel insurance plan will cover the cost of the ticket for any of these mentioned reasons.
Travel insurance acts as a companion in a foreign land. Whether you are traveling for a few days or for a month, having travel insurance is always a wise decision. With plenty of travel insurance myths around, the only way to understand them better is to make yourself aware of the right information.
You can opt for international travel insurance by visiting the website of Religare Travel Insurance. Understand the clauses and conditions mentioned in the plan and then opt for a plan that is ideal for you.