Traveling is one of life's greatest pleasures, offering adventure, relaxation, and cultural immersion opportunities. Did you know that over 30 million Indians travel abroad annually?
With such a significant number of travelers venturing out for leisure, business, or education, ensuring a safe and secure journey is paramount. From medical emergencies to trip cancellations, unforeseen events can turn a dream vacation into a nightmare. This is where travel insurance comes into play.
Travel insurance covers you from the date of departure till your arrival back at your 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.
Explore the most popular travel insurance plans available in India & ensure your next journey is worry-free and enjoyable.
Top 5 Travel Insurance Plans in 2024
1. HDFC ERGO Travel Insurance:
Whether you're traveling for leisure or business, secure your overseas trips with HDFC ERGO! Whether solo or with family, get travel insurance to enjoy a memorable and stress-free holiday. Many countries now require travel insurance for entry. Explore HDFC ERGO’s travel insurance plans cover you for medical or dental emergencies, loss or delay of checked baggage, flight delays or cancellations, theft, robbery, or loss of passport while abroad. With up to 21 benefits and three tailor-made plans, Explorer has you covered.
Key Benefits- HDFC Ergo Travel Insurance
- Schengen-approved travel insurance
- Competitive premiums
- Increased sum insured limit
- Medical & dental emergencies
- Baggage mishap
- In-trip crisis
2. ICICI Lombard Travel Insurance:
Discover ICICI Lombard’s travel insurance plans, offering comprehensive coverage for medical or dental emergencies, loss or delay of checked baggage, flight delays or cancellations, theft, robbery, or loss of passport while abroad. With a range of benefits and tailor-made plans, ICICI Lombard has you covered.
Key Benefits - ICICI Lombard Coverage Benefits:
- Sum insured up to USD 500,000
- Cashless hospitalization facilities available worldwide
- Destination-specific coverage for USA or Canada, Schengen, Asia, and other regions
- No medical tests are required for applicants up to 85 years of age
- Options for single-trip or multi-trip policies
- Value-added services for the insured's dependents in India
- Coverage includes political risk and catastrophe evacuation
- The premium is charged on a per-day basis, with a slab rate for the first 7 days only
3. Bajaj Allianz Travel Insurance
Bajaj Allianz Travel Insurance provides financial protection to travelers on a trip in case of unforeseen incidents that may lead to financial losses. Bajaj Allianz travel insurance plans ensure your safe journey by preventing unpredictable costs from spoiling it. One of the best overseas Travel Insurance — Covers Hospitalization claims for COVID-19 within medical expenses sum insured for up to 70 years.
Key Benefits
- Emergency Medical Expenses
- Personal Accident
- Medical Evacuation
- Baggage Loss
- Baggage Delays
- Flight Delays
- Loss of Passport
- Bounced Flight/ Hotel Booking
- Accidental Death and Disability
- Personal Liability
4. Niva Bupa Travel Insurance
Niva Bupa travel insurance plan offers all-over protection to different people during their international trips. Niva Bupa travel insurance plans provide much-needed financial support if a person faces unexpected financial hurdles during their trip abroad.
Key Benefits
- Delay or loss of checked-in baggage
- Loss of Passport
- Dental Treatment
- Missed Connecting Flight
- Trip Delays
- Medical Emergency
- Personal Accident
- Repatriation of mortal remains
5. Religare Travel Insurance
Religare offers a comprehensive travel insurance policy with unique features, including coverage for all medical emergencies, automatic policy extensions, no upper age limit, attractive premium rates, and much more.
Key Benefits
- Coverage for Inpatient and Outpatient treatment
- Pre-existing diseases are also covered under this policy
- Loss of checked-in baggage
- Reimburses expenses incurred during the replacement of a lost passport
- Personal Accident cover
- Around-the-clock assistance and support
- Cover for treatment in the home country is also provided
Bottom Line
Choosing the right travel insurance plan is crucial for a worry-free travel experience. Whether you're an adventurer, a family traveler, or someone looking for comprehensive coverage at an affordable price, there’s a plan out there for you.
The travel insurance plans listed above are among the best in 2024, offering robust coverage, excellent customer service, and peace of mind for your journeys ahead. Remember to read the fine print and choose a plan that best suits your travel needs and budget.
Safe travels!
FAQs
1. What are the travel insurance plans available to frequent travelers?
Frequent travelers can purchase a multi-trip policy with the following options:
- Multi-Trip Policy for 45 Days: Coverage for a maximum period of 45 days per trip.
- Multi-Trip Policy for 60 Days: Coverage for a maximum period of 60 days per trip.
2. Is there an age limit on the purchase of Religare Travel Insurance?
No, there is no age limit for being covered under Religare Travel Insurance.
3. In case of hospitalization of the insured, does the policy cover transportation of the insured's child/children to the home country?
Yes, the policy covers the costs incurred for returning a minor child to their home country if the insured parent is hospitalized while abroad.
4. Can I cancel my policy?
Yes, you can cancel your policy and get the paid premium refunded if you have not made a foreign trip or if the date of return to the home country and the end date of the travel insurance policy is 15 days or more.