Overseas Travel Insurance Plans – Less Cost and More

Everyone enjoys quality time with their loved ones, and the Indians are no exception. India's travel sector has enjoyed strong growth this year because international travel destinations are sought after by many Indians in 2015. The obstacles, such as inflation, the price of the flying ticket and the depreciation of rupinah, could not deter the devious spirit of traveling Indian travelers. More than 60% of the Indians are still stuck by the amortization rupee and can not wait to travel. However, the use of travel insurance to maintain travel is still uncertain among Indian travelers.

Younger generations prefer to go to international destinations at least once a year. According to a survey, 90% of these travelers use their savings for overseas trips and are not considering the travel gates. Surprisingly, this is the young internet enthusiast 'neslin' mentality, while ICICI Lombard 'India conducted a survey of 25-35 age group among 1049 people in six metro cities last year' s international trips.

reveals that Singapore is the most preferred travel destination among young Indian travelers; The second and third places are being held by the United States and Britain.

Let's look at the current travel plans and prices for those who support these destinations. Let 's start in Singapore.

Travel insurance plans available for Singapore travel

The top 5 policy offerings for the lowest premium are listed below. Singapore. The travel time is 10 days and the selected insurance amount is 500000 US dollars.

  1. Universal Sompo – Rs Premium. 942

  2. HDFC Ergo – Rs Premium. 1015

  3. Reliance – Rs Premium. 1129

  4. TATA AIG – R Premium. 1234

  5. Religare – Rs.1666 Award

Lowest premium Rs. Singapore, Thailand, and so on. This means that the person has to pay less than Rs. To make travel safe and secure, 100 per day . Indian passengers should know that their travel plans are not only inexpensive, but also provide coverage for baggage loss, passports, kidnappings and even emergency treatment.

Travel insurance plans can be used for UK trips

Below are the top 5 policy offer lists for the lowest premium, for 1 person looking for a single trip to the UK. The travel time is 10 days and the selected insurance amount is 500000 US dollars.

  1. Universal Sompo – Rs Premium. 942

  2. Bajaj Allianz – Rs.991 Premium

  3. HDFC Ergo – Rs Premium. 1015

  4. Reliance – Rs Premium. 1129

  5. Bajaj Allianz (Travel Elite Platinum) – Rs Premium. 1139

Universal Sompo provides the lowest premium. The travel insurance plan premium is also Rs. 942 for a 10 day trip to the United Kingdom.

Travel insurance policies for US travel

The top 7 policy offerings for the lowest premium are listed below. TO US. The travel time is 10 days and the selected insurance amount is 500000 US dollars.

  1. Universal Sompo – Rs Premium. 1344

  2. HDFC Ergo – Rs Premium. 1438

  3. Bajaj Allianz – Rs.1441 Premium

  4. IFFCO-TOKIO – Rs.1456 Premium

  5. Bajaj Allianz (Travel Elite Platinum) – Rs Premium. 1658

  6. TATA AIG – R Premium. 1694

  7. Reliance – Rs Premium. 1783

Lowest premium Rs. 1344 for a travel insurance plan for a 10-day trip to the US. Just imagine, you get all kinds of risks covering just less than Rs. 140

for every day of your trip.

The best travel insurance plans in terms of baggage and health insurance in India

The survey also revealed that 79% of the unins travel plans have covered travel plans for medical emergencies. Baggage security is the most important reason for people to purchase 60 percent of their travel insurance policy. For this reason, find the best travel insurance plans for medical emergencies and baggage safety.

From the above list of travel policies for the US, Reliance and Bajaj Allianz 's two schemes look better from the point of view of the luggage compartment.

] Reliance Travel care platinum provides $ 1,500 for the loss of checked baggage for an Rs.1783 premium.

The Bajaj Allianz Travel Elite Premium plan provides $ 1,000 for an Rs premium. 1658 for checked baggage loss.

HDFC ERGO's Titanium plan is the best to get the best coverage for medical emergencies. First, it covers:

  1. Emergency Medical Expenses

  2. Permanent Disablement / accidental death

  3. Hospital Money

  4. Loss of Personal Documents

  5. Death by mistake

  6. Baggage Loss

  7. Financial Emergency Assistance

  8. Personal Responsibility

What is the cost of an international travel policy for a couple?

According to the survey, 52% of travelers prefer to travel with their spouses. So, how much do these people have to pay if they can benefit from a travel plan to visit the US or UK or Singapore?

Let's start with a 10-day US trip for an insurance of $ 100,000 for 2 people. 30 and 28

Religare offers the best plan with Rs premium. 2407.

If you compare travel plans for couples wanting to visit the UK, Religare provides the best plan if you keep the same criteria for travel time, insured sum and travel ages. Plan your premium Rs. 1537.

For a trip to countries like Singapore, Thailand, which is the most traveled region of the year 2015, it will have to spend less for a pair of travel insurance policies. If you compare travel insurance plans that cover Asia, you will get the lowest Rs premium. Asia provided by Religare Discovered 1218.

The positive aspect of the survey is the growing awareness among Indian travelers. Younger generation is more than 90% aware of travel insurance, which is an increase of 80% last year. One of the biggest providers of travel insurance schemes in India; ICICI Lombard has written a total travel insurance premium of Rs 100 for the previous year, which is expected to increase by 5-10% this year. The problem is not with awareness; The benefits of this travel coverage are not understood.

27% of respondents prefer not to benefit from the travel insurance plan because losing their luggage and theft does not provide medical coverage, as these plans have a misunderstanding about the scope of accidents only. This is far from the fact that HDFC ERGO's complete coverage of the Titanium plan, which has wide coverage for medical emergencies.

25% of those surveyed did not get any travel plans because they thought that these plans were costly. not like that. The price of all the plans mentioned here is less than Rs. Rs less than 100. For every day of a 10-day trip, 140. Travel insurance policies for couples are cheaper because they cost less than Rs. Less than 65 Rs per person per day. 125 people per person per day for destinations such as the United States, Great Britain, and all countries in Asia, including popular places like Singapore and Thailand.

Indians love to spend their holidays in international destinations. An international travel insurance plan does not cost too much and offers a lot in return. If you have travel frenzy, you must guarantee the total duration of the trip so you can enjoy your vacation with complete comfort.