In this article, we have listed some benefits of overseas travel insurance plans.
Medical emergency can strike anytime during international travel
Many travelers spend lot of time planning business or leisure trips overseas but do not take into consideration the importance of a good policy. One is more vulnerable to accidents or illnesses while traveling in a foreign land and it is essential to insure oneself fully against any mishaps.
Loss of baggage or personal belongings is a common occurrence during international flights
You might have meticulously packed your bags for an overseas trip but there are chances that your baggage might be stolen or mishandled while in transit or during change of flights. It is always beneficial to insure your baggage, especially if it is full of valuables, to avoid facing hardship if it goes missing. The policy should include reimbursement of essential commodities like clothing and toiletries up to a certain limit.
Flight delays can affect your travel plans adversely
If you are booked on a connecting flight to your destination and your originating flight gets delayed due to a technical snag or inclement weather, your whole itinerary gets affected. You might end up spending long hours at the transit airport and may have to pay a hefty sum to book another flight. Your travel insurance cover can be beneficial in such situations as you are entitled to compensation in case of flight disruptions.
Loss of sensitive documents in a foreign land can make your overseas trip go haywire
A good insurance cover safeguards you against the loss of important documents like passport, traveler’s cheques etc. and offers monetary compensation and speedy reissuance of these documents.
Hijack distress allowance
There are some misfortunes that cannot be avoided during international travel and hijacking is one of them. Overseas insurance for travel provides compensation for distress caused due to hijacking.
Compensation for losses that result from trip cancellation
An emergency can arise before embarking on an international trip or during the course of journey forcing you to cancel or cut short your trip which can result in substantial loss of money. The international travel insurance cover ensures that you get compensation for losses due to trip cancellation or disruption.
Personal accident insurance that covers disability and repatriation of the insured
A disability and repatriation in case you need to be flown back to your native country is usually included under accidental coverage.
Add-ons
Home insurance in case of a house break; theft and fire related incidents, automatic extension of insurance cover in case of unexpected delays, legal expenses, dental expenses, tour operator default are some of the add-ons which can be considered while buying an international travel insurance policy.