The best way to break your monotony of life is to travel some exotic place and have an enriching and rejuvenating experience. But it’s a known fact that any adventurous trip also includes a lot of risks too. Travelling to any new destination makes you vulnerable to many unforeseen circumstances and dangers. The best way to make trip stress free and enjoyable is to have a travel insurance policy. Insuring oneself with travel insurance through travel insurance seems the best and sensible course of action.
Bajaj Allianz travel insurance aims to make insurance transparent, honest and easy. The company offers a host of plan to individual, senior citizen, family, and students. Bajaj Allianz provides a comprehensive travel insurance plan for everyone. There are generally four types of travel insurance plan offered by Bajaj Allianz. 1. Bajaj Allianz Individual Travel Insurance policy – This travel insurance policy provides protection to an individual against any inconvenient or any emergency situation. The travel plans of individual comes with a three different variant, these includes: Bajaj Allianz Travel Companion Plan- With the travel companion plan any individual can get a comprehensive insurance policy which covers him/her with any possible mishap even during international travel. This plan offers comprehensive coverage and attractive benefits which are further sub-divided into travel care, travel value and travel secure. Bajaj Allianz Travel Elite Plan- This plan is available as a Bajaj Allianz travel insurance online plan. It offers a wide range of innovative features and remunerative benefits. To satisfy the wide customer base Bajaj Allianz Travel Insurance policy has been customized to satisfy every individual need. The coverage offered by the plan and its sub-category include medical expenses, evacuation, emergency dental pain, personal accident cover which is 50% of the sum assured if the insured is above 18 years of age, delay of baggage and personal liability. Travel Prime Plan- This plan is ideal for every individual who travels abroad, more often either for leisure or for business. The plan covers the policyholder against medical eventualities, inclusive of hospitalization, and any other incidental expenses. 2. Bajaj Allianz Family Travel Insurance policy- Bajaj Allianz travel insurance plan covers you and your family from any risk or unfortunate situation that can cause any inconvenience at your home and bring any hindrances in your travel plan. The travel plan for the family also comes with three variant. The travel companion package and travel elite plan are ideal for you if you travel abroad more frequently. This plan covers the individual and whole family member that includes mother, father, spouse and children. Under this plan, your family is not only eligible for medical emergency but individual policy benefits for all family member is also covered under this policy. 3. Bajaj Allianz Senior Citizen Travel Insurance policy- Bajaj Allianz senior citizen travel insurance policy secures and protects old age people and senior citizen from any unforeseen situation or threats. The plan gives coverage against baggage loss, personal accident, sudden illness leading to medical expenses, evacuation, trip delay, etc. It also extends emergency cash advance by providing the policyholder with cash in case of emergency while he/she is travelling. 4. Bajaj Allianz Student Travel Insurance policy- This policy is specially designed for students who travels overseas in order to pursue higher education. Bajaj Allianz travel insurance coverage includes accident and sickness, sponsor protection, study interruption, two-way compassionate visit of family member and personal accident cover. It also covers medical emergencies that a student might be facing while studying abroad. Depending on certain parameters like premium, sum insured and some other criteria, one can choose from the three available options offered under this student travel insurance plan - Standard, Silver and Gold. Bajaj Allianz Travel insurance is a one stop solution for all international as well as domestic travelers. You can know a lot more about the coverage by surfing travel insurance online and choose the appropriate plane according to your own convenience.
0 Comments
When planning a business or family trip, we consider traveling, fun, adventure, flying high, whereas we often ignore the uncertainties like an injury, accident, or illness. This results in medical emergencies in the unfortunate event of an accident and we have to run to avail preliminary medication in the surroundings. When it comes to buying travel insurance, we must look for certain features that are mandatory as well as most recommended, especially for those who are frequent travelers.
Another most important feature of a travel insurance policy is that we get safety assurance while traveling to another city or a different country even. In other words, any medical emergency is borne by the insurer, including events like loss of baggage, flight missed, loss of passport, and more. Further in this article, you will get some tips on buying travel insurance online or offline is another aspect, though. Always Remember Where you are Going The value of a policy can be calculated by the coverage it offers, which is referred to as the Sum Assured by the policy. Traveling to a different city or country may not involve heavy expenses but availing medical facility may do. Therefore, make sure you opt for a travel insurance policy that covers medical expenses. At the same time, you must know that the premium you are going to pay will be comparatively higher for medication at a place where health costs are high. Buy a Plan that Covers the Duration of your Stay Another key aspect that you should keep in mind while buying travel insurance is the duration of your trip, based on which you need coverage. For instance, a 25-year-old person goes on a trip with travel insurance taken from HDFC ERGO at a premium price of Rs. 760. In contrast, the premium amount will be increased to Rs. 902 if the duration of the trip is extended by 7 more days. I will be wise if you opt for an annual travel assurance plan, in case you are a frequent flyer. Buying such a plan provides coverage for multiple trips while the coverage of each trip ranges from 30 to 45 days. What Activities are involved in your Trip? Based on the activities you are going to perform on your trip, you need to plan and take an adequate travel insurance policy. For instance, if your trip does not involve any sort of adventurous activities, sightseeing, etc, then you probably are less prone to injuries that are quite common on trips that involve outdoor camping, rafting, rock climbing, and so on. In contrast, a simple business trip that involves client and/or partner meetings, presentations, parties and more may not much require a travel insurance policy. Make sure you Compare Insurance before buying it Since a number of insurance vendors are available in the Indian market, it is quite obvious for people to get confused on which one to buy out or the whole number. In such a scenario, you need to buy travel insurance online by comparing different plans offered by various insurers. It is recommended to log onto the website of an insurance aggregator and compare multiple plans to get the most out of it. To be specific ICICI Lombard Travel Insurance is quite frequently chosen, as it offers coverage to a large extent at a price that is much affordable. |
AuthorInsurance and financial manager. Archives
May 2018
Categories |