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Overseas travel insurance, also known as foreign travel insurance, is an effective means of insuring your trips from any uncertain events. The task of choosing the proper insurance suiting your need and budget from a plethora of travel insurance plans available in the market is easier these days as you get all the information online. You have the choice of tailoring your travel insurance policy to suit your requirements at a price that meets your budget before you buy it online. Travelling to a new land, one might also come across very common problems such as robbery, health issues, loss of baggage, and this is when travel insurance comes to our rescue. Always remember that in India, the cost of medical expenses is much less compared to expenses outside our country. Hence, without the right insurance cover in place, your dream holiday could turn into a nightmare - with bills running into thousands and lakhs of rupees. Travel insurance premiums can vary a great deal, so be careful in choosing the level of cover that suits your needs. Extras can always be added on, but a basic policy should include the following levels of cover: Emergency assistance Your travel insurance company should provide a helpline number which is open 24*7 so that the insured can call up from anywhere should he requires any assistance. Delay You should be compensated if your flight is delayed for longer than 12 hours. Do remember to take in writing from the airline company in case of any delay, and also hold all receipts of anything you purchase due to the delay. Compensation of baggage and belongings In the event of loss of passport and loss of checked baggage should be covered. Cancellation of trip In case you have to cancel or cut short your holiday, perhaps because your dates have been postponed or if a relative falls ill while you are away and you need to come home early. Personal liability coverage This cover is for the insured by paying compensation to third party for damages resulting from involuntary actions of the insured. Medical cover You travel insurance provides emergency medical expenses due to sudden illness, or accident. It also covers any kind of medical aid, examination by physician, therapies and diagnostic tests. Dental Treatment Your travel insurance policy should cover for the basic dental treatment. Accidental death Your travel insurance policy should provide compensation for accidental death or permanent total disability for the insured while travelling on a common. It should also cover expenses towards funeral cost and for repatriating the remains of the insured to the home country. Some travel insurance policies come with more generous limits but you have to ask yourself whether the cover is really necessary. Many travel insurance policies are specially designed to give you comprehensive overseas travel insurance for a safe trip. It is very essential to have a car insurance policy. Author Pranav Sharma is an experienced insurance professional and widely read expert on general insurance based in Mumbai. Pranav helps readers opt for best travel insurance policy in India.
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