Travelling overseas can be an exhilarating experience, offering the chance to explore new cultures, cuisines, and landscapes. However, you enter a new environment where unanticipated circumstances may cause your plans to fall through. Several risks, ranging from medical problems and unplanned delays to lost bags and cancelled flights, can financially ruin your trip.
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However, if you have a suitable overseas travel insurance plan, some of your worries will remain covered under the policy.
Keep reading the blog further to discover how international travel insurance can help you in the long run.
Who Needs an Overseas Travel Insurance Policy?
Having an overseas travel insurance plan is essential for everyone. However, it becomes a necessary requirement for certain types of travellers, which have been listed below:
● Adventure Travellers
If you want to engage in adventurous activities like skiing, hiking or any sport that requires physical effort, travel insurance is a must for you. This is so because the chances of getting injured become higher.
● Senior Citizens
Elderly individuals must have travel insurance while they travel since they are more prone to injuries, diseases, and illnesses.
● Frequent Travellers
If you frequently travel internationally for business or work-related purposes, you must have a travel insurance plan to avoid any unexpected financial burden. In such cases, you get the option of a multi-trip insurance plan which covers all your international trips for a certain period of time.
What Does an Overseas Travel Insurance Plan Cover?
An International travel insurance plan will provide you with financial coverage for the following situations:
● Delay or Cancellation of Flights
In case your flights are suddenly cancelled, you can get a reimbursement for non-refundable expenses like flight tickets.
● Medical Expenses
Your cashless travel insurance can provide coverage for any medical expenses related to illnesses, accidents, etc., that may occur during your trip.
● Theft or Loss of Baggage
Your travel insurance will cover you in case the airline misplaces your baggage, or any of your invaluable belongings are stolen or lost during your trip.
● Rescheduling or Cancellation of Trip
Your trip may be cancelled or rescheduled due to various unexpected reasons that can mess up your schedule. But when you have travel insurance, you will have everything covered.
● Adventure Sports Injury
You need to worry about the expenses to cure injuries caused by participating in adventure sports when you have a comprehensive travel insurance plan that covers such expenses as well.
● Travel Funds Loss
A suitable travel insurance plan can provide coverage in case you lose funds during your trip or your luggage is stolen.
● Loss of Passport
If you are required to issue a duplicate passport in place of your lost one, your travel insurance can cover the expenses for that as well.
● Death and Repatriation
In case of an unfortunate event like death, your travel insurance shall take care of the expenses related to cremation and transportation of the mortal remains to the homeland.
Several insurance companies in the country offer attractive insurance plans. For instance, ACKO travel insurance company is one of the most reliable ones in the market, and it has a high claim settlement ratio of 99%.
How Can You Purchase Overseas Travel Insurance Online?
Insurance providers like ACKO come with an easy and user-friendly interface that allows users to navigate the process conveniently. So you can proceed in the following ways to buy a travel insurance policy if you are thinking of considering purchasing a plan from ACKO:
- Step 1: Visit the official website of ACKO or download their personalised mobile app.
- Step 2: Create your account and log in to it with your credentials.
- Step 3: Select the “Travel” option and choose the countries where you intend to visit.
- Step 4: Select your travel destination and enter the dates of arrival and departure from the place.
- Step 5: Now, go on to customise the type of coverage you would like to receive.
- Step 6: Provide all the required information, including your details and those of your fellow travel companions.
- Step 7: Pay the fees online through a suitable payment method and instantly receive your coverage for overseas travel insurance.
What Documents Do You Need to Claim Your Overseas Travel Insurance?
You must note that the requirements for documents may differ based on coverage for medical and non-medical expenses. So, the following points showcase the documents required for both cases:
List of Documents Required to Claim Medical Expenses
- A duly filled claim form
- Travel tickets of the insured members
- Details of attending medical professionals, like medical reports, prescriptions etc.
- Valid copies of documents related to KYC of the claimant or the nominees, like passport, PAN card, driving licence, etc.
- Disability or death certificates duly attested by relevant authorities
- Proof of legal heir, if applicable
- FIR’s attested copy, if applicable
List of Documents Required to Claim Non-medical Expenses
- A duly filled claim form
- Travel tickets of the insured members
- A letter from the common carrier that mentions the reasons for the delay or cancellation of your flight
- Valid proof of loss or inconvenience caused due to your travel organiser or service provider
- Property Irregularity Report (PIR)
- A letter from the airline that mentions the total loss of baggage along with compensation details.
- Valid proof of the ownership of a lost or stolen belonging, like a payment receipt
Please note that the list of required documents mentioned above is a general one and can vary based on the type of coverage you want to receive. So, it is highly recommended that you inquire about such essential details when purchasing an international travel insurance policy.
Final Words
To sum it up, having an overseas travel insurance policy is an essential requirement for your international gateways. It not only acts as your financial protection but also provides you with a sense of contentment throughout the trip. So make sure to assess your travel requirements and avail yourself of suitable coverage accordingly.
