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Planning for this summer vacation? Don’t, forget to get your travel insurance policy, know why?

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Published on April 8, 2021. EST READ TIME: 3 minutes

Summers are here and we are all looking forward to getting relief and enjoy a good vacation. The world is opening up and people are starting to travel again. If you are also planning to travel abroad for your summer vacation. It is very important that you get adequate travel insurance There are many advantages that travel insurance brings to you:

• Protection from the global pandemic: The Covid-19 pandemic is far from over. Still, many countries are reeling under the pandemic and as international travel opens back, there is a risk of another wave of infections. If you have to travel in such conditions, you will definitely need travel insurance.

• Meet mandatory travel requirements: Before the Covid-19 pandemic, getting a visa for only a few places needed mandatory travel insurance, primarily Schengen Visa for EU and Russian visa. Now many countries, which were previously considered tourist havens enforce compulsory travel insurance for people seeking a visa.

• Protection from common illnesses: No matter that you take any and all precautions to protect yourself from Covid 19, it is not the only medical problem that may arise while you are travelling. You will still need travel insurance because there is always the risk that any other illness or injury may occur.

• Overcome unpredictability in the travel sector: The near-global shutdown of international air travel has exposed serious vulnerabilities in both flight scheduling and pricing systems. As the airlines are still trying to get to capacity, there is a higher risk of flight misses and cancellations before the Covid 19 pandemic started.

• Protection in case of baggage loss: As with their flight scheduling, airlines are still operating with reduced staff on the ground as well. This means that there is a risk that your checked-in baggage may be sent somewhere very far from your destination. Your travel insurance policy will support you if the airlines lose your baggage or send it on any unaccompanied trips of its own.

• Safeguard you in case of loss or theft of travel documents: Your documents like your passport, visa, travel ticket and other papers will be your most prized possession while you are overseas. If you lose your documents while you are out of India, you will have to face many problems. Travel insurance policy will compensate you in such cases.

• Cover your OPD bills: There can be many reasons why you will need to get treatment in the OPD (Out Patient Department) of a local hospital in your host country. Say you suffer an injury or a minor illness where admission to hospital is not needed. Your travel policy can help you with return arrangements.

• Get evacuation assistance: Let us say that you are in a far away or secluded area in your host country. A medical emergency arises with you or any of your family members and it cannot be treated locally. Your travel policy will cover the cost to evacuate you to a place where you can get proper medical help.

• Protection against terrorism: Terrorism is a problem we all have to live with. From IC 814 to the 9/11 attacks, flight hijacks have been a scarring experience. While your insurance company may not be of much immediate help, they can provide you compensation to help you overcome the trauma by therapy, etc.

• Provide personal liability cover: Let us say, you unluckily cause any hurt or damage to any person on our international trip. That person can sue for damages and compensation. If they win the claim, you will have to pay the damages, or you will get in trouble with the local law enforcement. In such a scenario, your travel insurance company will cover the personal liability to be paid to the third party.

• Support in case of financial emergency: Financial emergency can arise because of any reason when you travel. You may fall victim to a crime like theft, dacoity, robbery or mugging. In such a scenario, your travel insurance policy will be of great help. You can get emergency cash assistance.

• Compensation in the event of death or disability: This is the worst-case scenario, but if you or someone travelling with you suffers any injury or accident and as a result becomes disabled or passes away, your insurance company will provide appropriate compensation.

Conclusion

The difference between having adequate travel insurance or not having travel insurance can be so high that it can even save you from a confirmed financial and health disaster. In summary, taking adequate travel insurance is an obvious choice for every holiday-maker this summer. You must choose to get enough travel insurance before you leave the country.

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