Planning for a trip? Opt for the best travel insurance companies in India
Travelling is one of the most wonderful experiences as it rejuvenates your senses and makes you an explorer who sees life beyond horizons. Travelling leaves behind amazing sweet memories for all kind of travelers, may it for a newly married couple or an elderly duo, teenager or a millennial, family or a solo traveler. It is one of the best times that they spend with their loved ones. People invest a lot of time and money in planning out the best trips but usually ignore buying a travel insurance plan. However, one should also pay seldom attention to buy good travel insurance since it is always wise to invest few bucks in a good travel insurance policy rather than wiping your bank account if something unforeseen situation happens during your travel. Selecting the suitable plan is a daunting task owing to the confusing variety of options available in the market.
Many insurance companies offer exciting travel plans at a competitive insurance price. Therefore, travelers need to be aware of the right pick and must know about the finest benefits that are covered under the policies before buying one. Because of the huge available options, policy seekers are usually in an uncertain stage to decide which one is best for them.
We have made your task much simpler by filtering out the best five travel insurance companies in India. Without a doubt, there are more insurance providers available in India which might fulfill your insurance expectations that are not added to this list.
Below mentioned are the top 5 insurance companies in 2018 (in India):
HDFC ERGO Travel Insurance
The HDFC ERGO Travel Insurance plan covers the emergency medical expenses, dental expenses and also provides with the personal accident coverage. Besides the medical cover, the HDFC ERGO Travel Insurance also provides non-medical covers for loss of checked baggage, delay of flight, passport or flight hijack.
This plan comes with various options such as individual travel insurance, annual multi-trip travel insurance, student and family floater travel insurance along with various sum insured options from which a customer can choose the optimum plan which suits them and meet his or her requirements for travel safety.
Any individual who is a resident of India and is aged between six months and up to 70 years can avail for this travel insurance plan.
Bajaj Allianz Travel Insurance
One of the topmost insurance providers in the country, Bajaj Allianz offers various travel insurance plans to meet the travel security needs of families and individuals. The Bajaj Allianz Travel Insurance plan covers expenses of hospitalization, loss of baggage and other incidental expenses. Moreover, it also provides coverage to the customers against the trip cancellation, burglary of the customer’s home and trip curtailment.
Below mentioned is the list of Travel Insurance plans offered by Bajaj Allianz:
· Bajaj Allianz Individual Travel Insurance Policy
· Bajaj Allianz Senior Citizen Travel Insurance Policy
· Bajaj Allianz Family Travel Insurance Policy
· Bajaj Allianz Student Travel Insurance Policy
In addition to the above-mentioned policies, Bajaj Allianz Travel Insurance comes with various plans for customers, from which one needs to pick the best plan which suits them.
Tata AIG Travel Insurance
When it comes to optimum travel insurance plan, the Tata AIG Travel Insurance plan offers complete protection throughout the trip and even provides reimbursement or compensation in case of emergency. Any resident of India who is aged between 6 months and up to life can avail this insurance plan while travelling abroad for leisure or business purposes. The four Travel Insurance plans include:
· Travel Guard Plan
· Asia Travel Guard Plan
· Student Guard Plan
· Domestic Travel Guard Plan
This insurance supports the customers by providing medical assistance, medical evacuation in time of emergency. It also provides the facility of repatriation.
Additionally, this plan also covers the accidental death or dismemberment. Travel Insurance by Tata AIG also provides non-medical support like emergency cash transfers and advances, legal assistance, various pre-departure services, general assistance and assistance in case of loss of luggage or passport. Loss of personal liability, passport hijack cash benefit, or trip delay or cancellation of the trip is also reimbursed under this plan.
Religare Explore Travel Insurance
Religare offers travel Explore travel insurance plans keeping in mind various regions. The best part about Explore travel plans is that there is no upper age limit and it doubles the insured sum by default in case the insured person is hospitalized because of an accident.
Religare offers six kinds of travel insurance policies. This includes Explore Asia Travel Insurance Plan, Explore Europe Travel Insurance Plan, Explore Canada+ Travel Insurance Plan, Explore Gold Travel Insurance Plan, Explore Africa Travel Insurance Plan and Explore Platinum Travel Insurance Plan.
Apollo Munich Travel Insurance
Apollo Munich Insurance Company Limited provides a range of products to customers that suit their situation and fulfill their needs. The Apollo Munich Easy Travel insurance plans provides protection to the insured person against various types of risks such as illnesses, theft and any occurrences when the person is travelling alone or with family. It comes with five policies namely Platinum, Gold, Silver, Bronze and Asian Region. Also, it offers two types of claims such as cashless claim and reimbursement claim.
The bottom line is each insurer provides a different coverage, so when it comes to decide for a plan you must be sure enough that the plan you have opted for offers the optimal insurance protection at the best insurance premium.