Once you’re done with the shopping spree and packing everything for your foreign vacation. Travel Insurance is one very important requirement that I’m sure is not on most of our must-have items list. Did you know? It is a general practice abroad to not consider stepping out for a vacation unless they have travel insurance in the place first.
According to a latest survey as many as five million Indians traveled overseas and the figure Tripled the following year. Indians have been ranked the 6th biggest spenders on overseas hotels around the world. Not every overseas travel gets insured with Travel Insurance. While for certain countries, an Insurance is mandatory for visa application.
Save yourself from undue circumstances:
Financial problems, unexpected situations and other hassle may arise when you are traveling. It can be a medical emergency, an accident, flight cancellation, loss of baggage/passport or any uncertainty that you had never expected. A travel insurance Policy ensures your safety and security against all situations. You can enjoy your peace of mind as you travel.
Can I get treated for an illness I already have?
Most travel insurance plans don’t cover pre-existing conditions. Yes, travel insurance is there for you if you get sick on your journey. If you need medication for a pre-existing chronic disease or a medical condition which you were aware of before you bought the policy, you could be out of luck. Similarly, if you get sick during one policy and then you extend it or start a new policy; most insurance companies won’t cover it under your new policy.
Remember, How Important it is to get a Travel Insurance:
Paying for a insurance premium is one of those things you pay for in the hopes you never need to use it. But it’s so important that if you can afford to travel you must buy a travel insurance just to make sure you don’t face any difficulty. It’s that simple.
Let’s face it. You don’t hesitate at purchasing car insurance when you buy a car, or house and contents insurance when you buy a home. So why not travel insurance?
Also Read : Schengen Visa Made Simple
Travel insurance can cover disruptions to your trip:
There’s so much you can’t control while traveling that it’s quite stupid to not buy travel insurance. Flights can be delayed or you might need to return home if an emergency occurs.
In many cases, you lose all your money that you’ve spent on bookings and everything, and have to pay for new bookings too. Many travel insurance packages will cover you for incidents that are out of your control. You don’t have to spend your own money if something goes wrong. Without insurance, disruptions to your trip can end up costing you a fortune.
How to get the insurance company to pay for the bills?
You need to claim reimbursement from your insurer for all other situations, including day admission to hospital. You pay out of pocket and then the submit documentation to the insurance company afterwards. Make sure you keep all documentation, file any necessary police reports. Save all receipts in case the insurance company asks for it. Companies don’t reimburse you based on your word.
Travel Insurance for Schengen Countries:
26 European countries constitute the Schengen area. It is mandatory to submit insurance policy documents during visa application for traveling to Schengen countries. These include Switzerland, Germany, France, Italy, Austria, and more. The Schengen visa allows the visa holder to enter the territories of the 25 Schengen areas freely.
Travel insurance for visa application is mandatory for Schengen countries since June 2004 as per the European law. The visa applicants should have a valid travel insurance policy at the time of visa application. The policy must cover medical evacuation / repatriation. Without submission of insurance policy documents, the visa will not be issued.
Get insured and enjoy a peaceful and financially secured trip.
To avoid hassles, carry the policy number and the international helpline number all the time during the trip. It will be wise on your part to carry a copy of the policy.