According to Wikipedia, Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements. Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. Popular destinations among Indians may be international, or within the traveller's country. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "traveling to and staying in places outside their usual environment. The UNWTO Report for 2018 also illustrates the modes of transport that all travellers use when they travel (see the chart below):
People have been traveling from time in memorial for Leisure, Business, Visiting Friends, Participate in Religious Activities, or even Medical Treatment. A snapshot according to World Tourism Organisation, UNWTO Report 2018, above, are the reasons why people travel around the world (see chart above).
What is obvious is that people always travel for a reason. Indians today travel to all corners of the globe, however the USA, UK, Australia, the Schengen countries of Europe, Dubai, Thailand, Sri Lanka, Maldives and other Asian countries are the popular travel destinations of Indians. The profile of Indian travellers also cover the entire gamut from small children to older travellers, from healthy travellers to those with pre-existing medical ailments. One of the travellers’ wish is that nothing untoward happens during the trip. But they could face any unforeseen exigency either medical or non-medical which could cause them financial and emotional stress. And this is why it is recommended that every traveller buys the best travel insurance available. One of the most important financial securities a traveller can avail while they travel within India or abroad is good overseas mediclaim insurance coverage. International travel involves buying overseas health insurance, while domestic health insurance insures travel within India. It is important to add international health insurance policy to your checklist/itinerary while you plan your vacation, be it for leisure or business or for any other reasons. Nowadays it is convenient and easy to buy International travel medical insurance online, you can use the online travel insurance premium calculator, review and compare benefits offered by different Indian visitors health insurance insurance plans and buy the best India travel mediclaim insurance online all without the hassle of making a call to an agent or visiting the insurance company office. So what does visitor travel insurance actually cover?
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For any Indian traveller who is going abroad, it is very important to purchase travel insurance from India. While it is not a mandatory product for travel to most countries abroad (except Schengen, UAE and Australia (for certain age groups)), having an insurance cover can give the traveller peace of mind in case of any unforeseen exigency (medical or non-medical) while they are enjoying their holiday/business trip. As most travellers will be aware, the cost of any medical treatment is astronomical when compared to India and hence the traveller could end up spending a large part of their savings for treatment abroad in case of an unfortunate accident or sickness. The cost of insurance is a fraction of the most of medical treatment and hence it is advisable to travel abroad with insurance. Secondly there are many non medical emergencies like Loss of Passport, Baggage Loss / Delay, Flight Delay, Trip Cancellation, Missed Connection etc that can be covered and this will not result in a financial loss to the traveller.
The premium payable shall be based on your age, country of visit and number of days of travel. The applicable premium shall be remitted as a single payment.
No, as per the insurance rules within India, the traveller must be in India at the time of purchasing their insurance policy. Hence it is ideal that the traveller does not keep insurance purchase as the last document to add to their travel itinerary. It is as important as their visa or hotel reservation. Some insurance companies have a slightly flexible approach and offer coverage (subject to underwriting approval) for a traveller who has already travelled out of India. In this case, the traveller will need to submit a request letter along with a good health and no claim declaration, based on which an underwriting approval can be obtained from the insurance company’s underwriting team. Post approval the applicable premium needs to be remitted by the traveller after which a policy can be issued. Please note that this is an exceptional process to be followed and not the norm. Also please note that this is subject to underwriting approval by the insurance company.
There are many types of travel insurance plans which cater to the requirements of all categories of travellers. At a broad level, there are India travel insurance compare plans for popular destinations which cover travellers bound to The Americas (North & South American continents including USA & Canada) as well as other countries in the world other than North & South American, which is known as Excluding Americas plans. Most companies offer a specific plan for Asia, which covers their travel to any Asian destination or a Schengen Plan which covers travel to any of the 26 Schengen countries in Europe. A few insurers also offer a Domestic Insurance plan for travel within India. All these are Single Trip plans which cover the individual traveller for a specific trip.
Almost all insurance companies also offer a Multitrip Insurance policy, which is specifically suited for the frequent flier. This is an annual plan which covers the insured traveller for any number of trips during that year.
A simple guide to travel insurance
Travel Insurance can be categorised as "best travel insurance India" if they offer a comprehensive coverage to the insured traveller every time they travel abroad. Depending on the age of the traveller, their destination country and duration of travel, the traveller has a variety of plans to choose from across all insurance providers. But they must ensure they choose a plan with adequate coverage for their trip. For example, if they are travelling to USA, UK or Europe, it is recommended that they choose a plan with a A&S coverage of atleast $250,000. They should also opt for a plan with non-medical coverages like Trip Cancellation, Passport & Baggage Loss, Baggage Delay, Personal Liability etc.
Tips to find the best travel insurance
Most insurance companies have a benefit called Missed Departure/Flight wherein they offer coverage for incidental expenses incurred by the insured traveller on account of the Missed Departure/Flight, by the scheduled airline the insured is supposed to travel on, if the missed connection / departure is due to the following reasons:
This benefit is provided only for the return journey and will not cover missed departure/flight in India while departing from India on the trip.
Cheapest insurance often represents the insurance plan which offers the least premium to the traveller. These plans normally come with lesser sum insureds and coverages for the traveller and hence it is prudent for the traveller to not only look at the premium but also compare the benefits of the plans available before making an informed choice. Given that the traveller is already spending reasonably large monies for their tickets and hotels, there is a tendency to cut corners on the insurance policy and buy the one with the least premium. By spending a little more effort and a slightly higher premium outlay, the traveller could end up buying a relatively more comprehensive insurance plan that just the cheapest insurance policy which if the best way to proceed. A cheaper premium plan could also mean that the deductible (insured’s contribution to a claim) is higher which may result in the insured shelling out a higher part of the claim incurred later during the trip. Hence it is advisable that the traveller compare travel insurance like products (apples with apples) before arriving at the optimum plan.
Ideally the traveller must buy travel insurance once they have finalise their travel plans and booked their air tickets and hotels/tour packages. The specific reason for booking the insurance at this stage is that for any unforeseen yet covered reasons if the traveller’s trip is cancelled and they have a Trip Cancellation benefit in their insurance plan, then they can make a claim for the non refundable part of the Air Tickets/Hotel & Tour Bookings even before their trip would’ve started. Covered cancellation reasons include:
The above example illustrates why the traveller should buy travel insurance online (with a coverage for Trip Cancellation) when they book their tickets/hotels/tour packages.
If for whatever reason the traveller does not purchase their insurance policy immediately, they should definitely buy the same prior to their departure from India. No insurance policy can be purchased once they have left India and their trip has commenced.
Also, in the case of Schengen countries where insurance is required for obtaining a visa, the insurance policy will need to be purchased upfront.
A pre existing condition means any condition, ailment or injury or related condition(s) for which the insured had signs or symptoms, which was diagnosed and for which the insured received medical advice/ treatment, within 48 months prior to commencement of the first policy issued by the Insurer. This means that if the insured is traveling abroad with a pre existing condition and avails of any treatment abroad, the insurance company will not be liable for paying the claim.
The insurance company normally goes by the guidance of the attending physician in the medical facility abroad while deciding whether a condition is pre existing or not. If the attending physician declares that the cause of the treatment is a pre existing condition carried by the insured, then the treatment costs will not be reimbursed under the policy.
Some insurance companies offer a limited India travel insurance coverage for pre-existing conditions medical expenses, when the situation is Life threatening in nature.
At eindiainsurance we provide the most comprehensive basket of plans to choose from depending on your travel requirements. They include:
Now that one has chosen the type of policy you have to buy online, it becomes important to decide which insurance company’s policy to decide upon. Not all the general insurance companies who operate in India have expertise in selling and managing Travel Insurance. The important factors to taken into consideration with regards to the insurance company include:
Firstly take a look at what insurance coverage you may require based on the Destination you are traveling to. For example if you’re going to developed countries like USA, Europe, Australia, UK, it is advisable to a policy with a higher Medical Limit ($200,000 and above). This is because the cost of medical treatment in these countries is significantly higher than the rest of the world.
Duration of travel - The longer the duration of travel, the higher sum insured for Medical expenses is recommended because the possibilities of catching an illness increase when exposed to varying climatic conditions with changing seasons.
The Reputation and the Market standing are important to keep in mind while finalising an insurance partner. Importantly, the traveller should keep in mind the capabilities of the insurance company for Travel Insurance specifically. Their ability, transparency and promptness in claims settlement and their financial strength are important factors to consider.
Another important aspect of claims, is the insurance company’s Third Party Administrator (TPA) abroad. Accessibility to the TPA at the time of a medical emergency is very important. One should understand the TPA’s network of hospitals across the world and their competencies to handle a critical situation. It is advisable to get your insurance from a company (and TPA) which handles the transparent claim settlement process so you have a hassle free experience.
Your activity calendar for your trip is as important as the trip itself. As a traveller if you plan to have a relaxed beach side vacation just to catch a tan, then don’t look for buying an insurance policy with an adventure sports coverage. But if you are likely to go scuba diving or snorkelling (any other adventure sport), please ensure the opt for a plan that offers coverage for Adventure Sports.
The age of the traveller is another important factor while deciding on the ideal insurance plan. With advancement in age, there are higher possibilities for travellers to be carry pre existing medical conditions. Most insurance plans exclude medical expenses arising due to pre existing conditions, and hence the traveller must ensure to choose the correct plan if they want the same to be covered. Also, age is a critical factor in determining the premium for the trip.
The Exclusions under a Travel insurance policy are as important as the inclusions or coverages. Hence it is important for the traveller to review the exclusions prior to purchasing the policy so that they are clearly aware of what is covered and what is not covered. The exclusions are normally not stated on the face of the insurance policy certificate but in the terms and conditions (policy wordings) and hence the traveller will need to go through the same on the insurance company website or when sent along with the policy certificate.
Make sure you all review the entire list of coverage available with each insurance plan. Some insurance companies offer affordable travel insurance compare India with comprehensive coverage at an affordable cost, but they may not have the Assistance Network strength abroad if and when required in a medical emergency. Another insurance company may have a strong Assistance partner and enjoy a good reputation in India for claims settlement, but their premiums could be marginally higher than the average market premium for a similar coverage. Hence the insured must evaluate all relevant parameters before arriving at their final insurance partner and the ideal plan for their trip. At eindiainsurance, we have tried to make it simpler for the traveller to compare plans and choose the best one. More than that, eindiainsurance has gained the reputation of being:
Every few years there always seems to be a new and deadly virustaking over the world…From SARS to Ebola and most recently the Corona virus.The Coronavirus (actually named COVID-2019) outbreak is taking its toll on local residents and travellers across the world and is now officially has taken the maximum number of lives for a virus of this nature.Know more
Also known as SARS-CoV-2, nCov, 2019 Novel Coronavirus, COVID-19 is a new illness that can affect your lungs and airways. It's caused by a virus called coronavirus. There’s no specific treatment for coronavirus (COVID-19). Treatment aims to relieve the symptoms until you recover. It's not known exactly how coronavirus (COVID-19) spreads from person to person, but similar viruses are spread in cough droplets. While the majority of cases result in mild symptoms, some progress to severe pneumonia and multi-organ failure. As of 20 March 2020, the rate of deaths per number of diagnosed cases is 4.1%; however, it ranges from 0.2% to 15% depending on age and other health problems.
You can buy insurance online by using a credit/debit card, direct funds transfer using NEFT or RTGS or by using a cheque.
Travelers who have already traveled from India and do not have insurance can buy travel medical insurance after approval.
Insurance customers can renew their existing policy online before the exipry date at any time.
In case of a claim or reimbursement of treatment expenses, notify by contacting them.
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