What does a travel insurance cover?

[Ragini Khanna]

What does a travel insurance cover?

[Shinoy Chenatra]

An efficient Travel Insurance Policy will cover the following areas.

Medical emergencies: When you are in a foreign land, you are less likely to know any good health care centres. Also, the cost of treatments abroad is always going to be more than what it is in India. In countries such as USA and Canada, health care is very expensive and a hospitalisation incident can leave you bankrupt. In such cases, insurance policies come to your rescue. Your insurance provider will compensate all your medical expenses abroad.

Loss of baggage and personal belongings: In case you lose your baggage and other personal belongings during your trip, travel plan will compensate. And if you happen to lose important documents such as passport and visa, travel Insurance provider will arrange the duplicate documents for you.

Flight delay and cancellation: A little delay in flight schedule can jeopardise your entire trip. And most airlines do not provide any refund in such cases. These types of expenses are included in the travel insurance coverage.

Emergency evacuations: in extreme medical situations, evacuation to the home country is funded by the insurance company.

[Shwetha Padmashali]

These are the types of Plan.

Travel Insurance
Group Travel Insurance	Retail Travel Insurance	Student Travel Insurance
• Company Provided Plan	• Single Trip	• For Students Studying Abroad
	• Annual Multi Trip
	• Family Floater

[Pranita Dalvi · Accepted solution]

These are some of the basic coverages provided in Travel Insurance (brief about the coverages are also there)

Coverage’s in Details
Emergency Medical expenses	Covers medical costs incurred due to illness or accident including medically necessary and prescribed emergency evacuation. It covers outpatient, inpatient, medical aid, therapies and diagnostic tests as described in the policy schedule.
Emergency Medical Evacuation	Evacuation to the home country is covered up to the medical sum insured chosen
Repatriation of remains	Covers the funeral expenses or expenses of repatriating the remains back to India, in case of death of the insured overseas.
Emergency Dental Expenses	Covers acute anesthetic treatment of natural teeth
Hospital Cash	Pays a daily allowance as stated in the policy schedule in the event of hospitalization either due to sickness or accidents
Accidental Death and Permanent Total Disability (Common Carrier)	if the insured sustains Accidental Bodily Injury during the course of the journey while traveling in a common carrier such as rail, bus, tram, or aircraft; and such bodily injury results in death or permanent total disability.
Personal Accident	Compensation paid in case of death or permanent total disability caused by an accident.
Flight Delay	Compensation if the aircraft is delayed for more than 12 hours than the originally scheduled departure time.
Loss of Passport	Expenses incurred in obtaining a fresh or new passport.
Loss of Checked Baggage	Compensation for the permanent loss of checked-in baggage.
Delay of Checked Baggage	Compensation for reasonable expenses incurred for the purchase of toiletries, clothing, and medication due to the delay of checked-in baggage for more than 12 hours.
Personal Liability	Compensation of damages to be paid to a third party, resulting from death, injury or damage to health or property caused involuntarily by the insured.
Financial Emergency Assistance	Insurance cover is provided in the event of the insured person getting into a financial emergency due to theft, pilferage, robbery or dacoity of his/her travel funds. A fixed sum is paid as emergency assistance up to the limits specified under the policy.
Hotel Accommodation	Pays for the cost of Hotel accommodation if the insured person sustains Bodily Injury or Sickness which directly and independently of all other causes results in a hospital stay as an in-patient and misses his/her flight back to the country of residence.
Hijack Distress Allowance	Insurance cover is provided in the event of the hijack of the air or sea common carrier in which the insured person is traveling whilst on the trip abroad during the Period of Insurance. An allowance will be paid for each day of the hijack up to the limits specified under the policy.

                                 But with these coverages, there are some exclusions also. 

• All expenses incurred for pre-existing diseases & condition as per the standard policy. Companies don't pay any benefit to the Insured caused due to:
•  Civil War or foreign war
•  Terrorism
• Self-inflicted injury, suicide
• Non-adherence to medical advice
• Under Influence of Liquor, Drugs or Narcotics (Unless advised/administered by a physician)
•  Participation in any sport as a professional player
• Participation in any Criminal Act
•  AIDS or HIV
•  Treatment of nervous and mental problems
•  Participating in hazardous sports like parachuting, hang gliding, bungee jumping etc.
• Special Exclusion: Children below the age of 5 yrs are covered by excluding following diseases mumps, Chicken Pox, Measles, German Measles, Spina Bifida, Whooping Cough, Diphtheria, Poliomyelitis, Meningitis & Scarlet Fevers.

I think for the clearer picture you should talk to Insurer. 

[Tulip Faria]

Above are the coverages of Retail TravelInsurance Plan.

What are the coverages of Student Travel Insurance ???

[Vishal Sharma]

I have details of the same check this table out. I have HDFC ERGO Student Travel Insurance's Coverages details, my son is studying abroad so I kept this table Handy. 

Student Suraksha – Student Overseas Travel Insurance
Accidental Death	Pays the family of the insured compensation in the case of loss of life in an accident.
Permanent Disablement	Pays compensation if the insured is permanently disabled in an accident.
Emergency Medical Expenses	Reimburses the insured for medical expenses incurred for an accident or an unexpected sickness. Medical Evacuation: Pay the actual costs or the total sum insured, stated in the schedule, whichever is lesser, for repatriating insured back to the country of residence. Body Repatriation: Pay the actual costs or the total sum insured stated in the schedule, whichever is lesser, for repatriating insured corpse to the country of residence.
Emergency Dental Treatment	Reimburses the insured for emergency dental expenses incurred for an injury or acute pain.
Loss of Passport	In the event that the passport belonging to the insured is lost, the insured is reimbursed the actual expenses incurred in obtaining a duplicate or fresh passport.
Loss of Checked Baggage	If baggage, personal documents or personal effects are checked onto a common carrier, the insured is reimbursed the cost of replacement for any damaged or lost articles.
Delay of Checked Baggage	Provides an amount for emergency purchases on account of delay in baggage.
Personal Liability	Pays a benefit for damages that an insured person is legally liable for as the result of a lawsuit for property damage being brought against the insured person. Also pays a benefit for medical expenses that an insured person is legally liable for as the result of a lawsuit for an accident caused by the insured person resulting in bodily injury to another person.
Bail Bond	Pays the bail amount for the insured on arrest or detention by police for a bail-able offense in the territory of travel.c
Study Interruption	Pays compensation in the event of interruption of study whilst abroad.
Sponsor Protection	Pays tuition fees to the insured in the event of accidental death of insured’s sponsor.
Compassionate Visit	Pays amount incurred to the insured in the event of compassionate Visit by one immediate family member.
Psychological Coverage*	Pays for treatment of mental and nervous disorders, including alcoholism and drug dependency.
Treatment for Expectant Mothers.*	Pays for in-patient medical expenses related to pregnancy after a waiting period of 10 months.
Screening and Examinations*	Pays for cancer screening and mammographic examinations on a recommendation from the physician.
Childcare Benefit*	Pays for hospital cash benefits of childcare.

[Violet Pinto]

OH waohh these benefits are really good. I never knew there was so much on Travel Insurance, but how much do these cost?

How can I know? How to calculate?  

[Mumpy Das]

Ohh that is absolutely easy.

You can calculate premium by clicking this link: http://bit.ly/2HbL0JA

or just call them on: 1800 2 700700 and they will help you. 

[Tushar Parab]

Hey Mumpy,

Thanks for above information. 

I tried to calculate the premium for my upcoming travel just to check how much does the travel insurance actually cost. 

and it is not expensive at all.

I never bought Travel Insurance earlier but after knowing these coverages and the cost, I might buy now.