How to choose the best travel insurance? On this question, Rakesh Jain, CEO, Reliance General Insurance, says that it should generally be selected after looking at the policy of the country where you are traveling.
Despite the arrival of a new variant of Corona, there has not been a significant decline in the number of people going out of the country. People are traveling abroad for different reasons. A large number of people are traveling abroad for studies, jobs and tourism. For some time, a big change has been seen among foreign travelers. The reason for this is the lesson learned from the lockdown during Kovid-19. During this time more and more people understood the importance of health and travel insurance.
Why is travel insurance mandatory?
People came to understand that travel insurance is mandatory during travel. Travel insurance not only helps in providing quality hospital and health care facilities while traveling abroad but it also saves you from huge expenses incurred during a medical emergency. That’s why people are now taking a comprehensive policy with maximum sum insured while traveling abroad. In this, you get complete healthcare coverage in the countries where you are traveling. Now more and more people are taking travel insurance policies that cover healthcare expenses.
How to choose the best travel insurance plan?
In such a situation, the big question is how to choose the best travel insurance? On this question, Rakesh Jain, CEO, Reliance General Insurance, says that it should generally be selected after looking at the policy of the country where you are traveling. Also, it should also be kept in mind that for what purpose you are traveling.
If you want to travel for studies, then the tuition fee should be covered in the insurance. But if you are going for excursions and intend to participate in adventure sports during this time, then there must be adventure sports benefit in the policy. Similarly, some policies are required to have inpatient and outpatient medical daily allowance coverage. Personal accident cover is mandatory in case of permanent disability or death.
Get an insurance plan with comprehensive coverage
While taking travel insurance, it should be kept in mind that how comprehensive is the coverage. Although the policy can be a bit expensive with more coverage, but the policy that covers the loss of baggage, passport and other documents should be chosen. Trip cancellation and flight cancellation are also covered in the policy. Keeping this in mind, the policy should be selected.
