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How to Make a Trip Abroad Economical

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Given the ongoing crisis, the idea of travelling may seem outrageous. But deep down, we all know that when the pandemic ends, we will have many places to tick off from our travel bucket list. At present, you might be going through your old photos and reminiscing about the great holidays you have had at different destinations and hoping desperately for the Coronavirus outbreak to end, so you can pack your bags again. So, why not make the most of this quarantine time and research and plan for your post-corona trip? Now, for many travelers, overshooting the budget continues to be a problem. So, find out how to make a foreign trip economical and especially how abroad travel insurance can come in handy.

Things to do to optimize expenses:

• Choose your destinations well:
  For passionate travelers, travelling is more about memories and not so much about Instagram stories and posts. So, if you are willing to look past some of the costliest travel destinations, the world is full of places that provide astonishing scenic beauty and enriching experiences. So, check out the exchange rates and pick a place where the value of Rupee is more and you will be able to have a great time despite your limited budget.

• Time is money:
  When you are short on money, you need to have the currency of time. Planning things well in advance will lower your expenses by quite a margin. Try to travel during the off-season so you can get more discounts. Now, look for the cheapest flights available at that time, and once you reach your destination, travel by public transport instead of hailing cabs. See, how the time factor kicks in? A bus might take a little longer, but it will save you a few hundred bucks.

• Hostels over hotels:
  Deciding on the place to stay needs careful planning too, when you are travelling on a shoestring budget. So, gear up for hostels, home-stays, and even tents. Couchsurfing is, in fact, a growing trend. Pay more attention to hygiene than the interiors of your stay. Pick places where you have the option to cook. This way, you can visit local vendors, buy some cereals, milk, fruits, and vegetables, and make wholesome meals for yourself. Naturally, you will end up saving the money that you would have otherwise wasted at restaurants.

• Earn while you have fun:
  If you can enroll for an internship, or as a volunteer for a project, or join a mentorship/scholarship program, there’s nothing like it. Such arrangements can take care of your food and lodging and give you time in the evening and weekends to explore places. If not, you can always look for some odd jobs to earn a few extra bucks.

• Companionship and connections: 
  Well, if you can travel in a group, it can reduce the expenses a lot. If you are traveling solo, try to establish more connections with locals as they can guide you better than any website ever will. Also, you can bargain better if you know a few words of the local dialect.

How travel insurance plays a role:

Whether you are a leisure travel enthusiast or a businessman travelling for meetings abroad or a student going to study at a foreign university, you need abroad travel insurance. Why? Because, no matter how healthy you are, any kind of injury or sickness or accident can ruin your stay. Moreover, your expenses will skyrocket as medical facilities in international destinations can be quite pricey. To make matters worse, your condition may require one of your family members to visit you.

Similarly, losing your passport or luggage or missing a connecting flight too can cause a lot of inconvenience and add to your expenses. Therefore, to protect yourself against any such unforeseen expenses, it’s imperative to opt for a travel insurance policy that takes care of flight delays and cancellations, hospitalization expenses, loss of baggage, and a lot more. While it’s mandatory to have  abroad travel insurance when visiting particular countries, everyone travelling overseas must have a policy with adequate coverage.

By now, you must have realized that you don’t need a truckload of money to travel around the world. By planning in advance and opting for minimalism, you can do a lot with a limited budget. So, stop stressing over your budget and start planning. 

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.