Skip to main content

TRAVEL INSURANCE POLICY

 

TRAVEL INSURANCE POLICY

Travel has assumed huge importance in our life today with the availability of money and the services offered by travel companies. Customized travel to suit our time and needs is more in demand. Senior citizens are more into travel these days and various insurance covers are tailor-made to their requirements.

Travel Insurance​ policy covers  the risks of a financial loss arising, due to unforeseen events like accidents, medical emergency, etc. while you are travelling abroad or are on a domestic tour.
 
Overseas travel insurance covers

  • Overseas medical expenses
  • Accidental death or injury
  • Overseas funeral expenses
  • Loss, theft or damage to personal possessions and money (including travel documents)
  • Delayed baggage (and emergency replacement of essential items) or loss of baggage
  • Loss of passport
  • Missed connecting flight due to delay
  • Trip cancellation expenses due to unforeseen weather conditions, etc.
  • Overseas dental treatment.
  • Hijack distress allowance
  • Home burglary insurance
  • Insurance companies usually cover pregnancy related expenses in case of "life threatening situations"

  

Types of travel insurance policies:

Single trip: One can buy a single trip travel insurance to cover a single trip.

Multiple trip: If one travels quite often, you can go for a multiple trip travel insurance policy.            This policy covers you for all the trips you commence during the period of one year.

Corporate travel: Companies take this policy to cover the frequent trips of their executives.

 
Various polices are on offer  such as overseas student travel, business travel, leisure travel, international  travel. Other types of travel policies such as for  adventure travel are available according to requirements.
 
There are some additional benefits for  senior citizen travel insurance plan like hijack distress allowance, pre-existing medical conditions in case of life threatening situation, etc.
 

Travel Insurance is recommended as it makes your travel and holiday stress free as the risk is taken care of by the Insurer.

 

 

Disclaimer:   

Zen Insurance is an IRDAI registered broker which facilitates quick & accurate insurance broking services. We deal with only regulator approved products of insurers. We do not underwrite the products

 

 

Comments

Post a Comment

Popular posts from this blog

PERSONAL ACCIDENT INSURANCE

  PERSONAL ACCIDENT INSURANCE Personal accident insurance covers death, disablement, bodily injuries to the Insured resulting solely and directly from accident caused by external violent & visible means within 12 months of its occurrence . Accident may include events like: ·          Rail/Road/ Air accidents ·          Injury due to any violent collision/ fall ·          Snakebite, ·          Burn Injury, Drowning, Poisoning etc. Who can buy this policy? Individuals Members of Family Members of Groups Organizations What is the cover? Table I    Death cover Table II     Death and Permanent Total Disablement Table III Death Disablement & Temporary Total Disablement Other Features are: l   Free look Period:   I nsured will be allowed a period of at least 15 days from the date of receipt of the policy to review the terms and conditions of the policy and to return the same if not acceptable. l   Cumulative bonus: Compensation payable shall be i
Post a Comment
Read more

Insurance policies for human resources in an organisation

                                           Of all the capitals invested in an industry, human capital is the top most. Human resource is largely acclaimed to be the wealth behind a successful organisation. Employees are the real cogs in the wheel who keep the industry running despite setbacks. In such a scenario, employee retention assumes significance which in itself is a huge task. A disgruntled employee can mar a company's reputation or  impede the seamless progress of a business. We hear a lot of organisations facing employee attrition  i.e losing talented, high-performing, high value employees. Employers must engage the employees and prevent attrition with various programmes and employee benefits such as: Training and development  Award and rewards While there are numerous factors for employee attrition, a poor compensation scheme or lack of proper employee benefit program are major reasons. Another factor for employee attrition is the way companies treat their employees when
Post a Comment
Read more

PROJECT INSURANCE

                                                                      PROJECT INSURANCE Following the Make in India directions of the government, the manufacturing and infrastructure sectors have made inroads into the economic activity. Large construction projects involve a number of hazards both for Principals as well as Contractors and the only way to safe guard against all natural and human hazards is by way of Insurance policies. Various types of policies are designed and customized in keeping with the prevalent needs. Construction Phase Insurance (Project Policies) These are one time policies issued for entire project period irrespective of whether the project period is a few days or a few years: I.                      Contractor’s All Risk Insurance (CAR) II.                    Erection All Risk Insurance (EAR) [ also known as Storage-cum- Erection or SCE Insurance] III.                  Marine – cum – Erection Insurance (MCE) I. Contractors All Risk (CAR) Insura
Post a Comment
Read more