Seasoned travellers are aware of the importance of international travel insurance. But, newbies are still juggling with the question, “why do I buy travel insurance?” Traveling is full of uncertain events. Anything can happen anywhere. Therefore, to stay secured while traveling all together to a new country, you must need travel insurance. It is your saviour, if things go wrong during your trip. It keeps you out from the hook of exorbitant medical treatment fees in a foreign country that can drain all your money. In this blog, we walk you through how international travel insurance works so that you can explore the world fearlessly.
If you encounter with any accident or injury during your holidays in a foreign country, you are eligible for cashless hospitalization if you have an overseas travel insurance policy. Your travel insurance agency reimburses all the related costs that include both in-patient and out-patient treatment. You need to submit the copies of the bills and diagnosis and inform your insurance agency immediately after hospitalization and get the claim.
When you are on the foreign land, the chances are high that you fall prey to medical emergencies such as stroke, high fever, stomach infection, skin allergies, accidents, or injuries. If the situation goes worse, you may require immediate hospitalization, surgery, dental treatment, or medical evacuation. In such a case, your insurance agency will reimburse your expenses up to the sum insured. You will also get emergency financial assistance if you face a cash crunch. Thus, with a comprehensive travel insurance policy, you are strong enough to face any medical exigencies in a foreign country.
Delays and Cancellation
Overseas travel insurance also covers trip delays and cancellation expenses. You are eligible to get the compensation in case if you get delayed for more than specified consecutive hours due to terrorist attacks or natural calamities such as flood, storm, or earthquake. Apart from that, you can also get the reimbursement against trip delay/cancellation. You should get a written confirmation from your travel agency about delays or cancellations and inform your insurer at the earliest. In this way, you will be saved from overburden your pocket.
Loss or delay of Checked-in Baggage
With travel insurance cover, you do not need to worry if your checked-in baggage has been lost or delayed. You get the compensation up to the sum insured if your checked-in baggage is missing for more than the specified consecutive hours. You are also entitled to get the reimbursement of the expenses that you may incur to bear the delay.
Under your travel insurance cover, you will get the up-gradation to business class in case if you have to fly back to your home location for further treatment. International travel insurance policy also covers 2-way compassionate visit. Under this, the insurer bears the travel expenses for your immediate family member who comes to bring you back to your country.
Thus, international travel insurance policy protects you from the stress and financial burden for any unforeseen mishaps, while traveling outside your home country. You should look for a reliable insurance company like Religare Travel Insurance that protects you from the moment you step into the plane and till the time you are back to your home safely. These companies not only protect you against medical emergencies but also provide you quick assistance during non-medical emergencies.