Explore the World with Overseas Travel Insurance

Millions of people take to the air to visit different parts of the world. These are times when families get to spend quality time together or friends bond seeking adventure. Travelling abroad can be either pleasurable trip or for business purposes. It could also be because a young adult would like to study abroad at a good University.

Whichever the purpose your holiday may be, one of the most important and often neglected aspects is buying an appropriate travel insurance policy. The risk to accidents and the liabilities that one may incur while on a holiday abroad are higher than any other sort of vacation.

Knowing about the different travel insurance policies and their benefits is crucial before you set off on your voyage. While a regular travel insurance policy is taken to cover any medical expenses, losses that may occur as a result while travelling; an international or overseas travel insurance policy are a comprehensive policies that usually covers all medical and financial emergencies that may arise when travelling abroad. There are times when in a foreign land you may require medical assistance or be admitted in a hospital/clinic. An overseas travel Insurance policy covers you for all such circumstances.

Usually an overseas travel insurance policy is of two different types.

1) Single Trip: This type of overseas travel insurance policy covers you right from the time that you board the aircraft till the date that you return back to India/with the end of the insurance. This cover is usually available for a period of 180 days.

2) Multi-Trip: This type of overseas travel insurance policy covers you for a period of 365 days where by you can take multiple trips abroad and you are insured.

Many other companies offer another variant – The Gold Multi Trip Policy which is especially designed for the frequent international traveler whereby the traveler is insured for one year and he/she can choose between 3 options of 30,45 as 60 days as the maximum duration per trip.

Some of the popular companies that offer good overseas travel insurance policies in India include ICICI Lombard, Tata AIG, Royal Sundaram, Reliance General Insurance, HDFC ERGO, Bajaj Allianz, Insurance Pandit, Iffco Tokio, Apollo Munich Insurance, Max Bupa etc.

So next time you travel abroad remember it’s not just you, your baggage, money, passports and tickets; but also a reliable travel insurance policy to take care of you at unexpected events.