Religare Explore

 International Travel Insurance

With international travel trips constantly increasing these days, it is most important to buy an international travel insurance plan. The international travel insurance plan offers the insured person with a variety of coverages that may be in good due to medical emergencies cancellation of the trip delay is caused due to various reasons, etc. Depending upon the location you are traveling to, you can choose from a variety of international travel insurance plans that are offered by Religare.

some of the most prominent features offered to you by the Religare international travel insurance plan includes coverage against baggage loss, hospitalization expenses incurred abroad. In addition to this, check out some of the other benefits below:

  • Financial compensation against emergency medical treatments

  • Coverage against third party legal liability

  • Repatriation in case of death

  • Personal accident

  • Financial assistance in emergencies

  • Loss of travel documents such as tickets or passport

In addition, international travel insurance plans designed on the basis of the geographies and, some of the other factors that play a decisive role in deciding the premium include:

  • Insurance for a single trip comes in handy you are on a holiday

  • Insurance for multiple trips comes in handy if you travel frequently for work

  • Family travel insurance, when you are traveling with your family

  • Student travel insurance, if you are traveling to another country to pursue a course

  • Group travel insurance, if you are traveling in large groups

Why should one buy International Travel Insurance?

A glimpse at the following scenarios will help to understand the need for an International Travel Insurance! And there can be many more.

Scenario 1
You get a Fantastic off-season deal at Mexican Resort in Riviera Maya. After a Dream flight, the hotel is fascinating & the food is excellent. Then all of a sudden there’s a hurricane alert. You have to be evacuated promptly & without your luggage.

Scenario 2
You are on a vacation in Israel, merrily floating in the Dead Sea when you suddenly choke on the Brine & You have to be evacuated to the nearest hospital as a medical emergency

There are plenty of things that could go wrong while you are on a Trip despite how meticulously it has been planned. International Travel Insurance secures you against the risk of incurring unforeseen medical expenses and other travel-related emergencies, when you are bound to feel especially vulnerable due to the fact that you are in unfamiliar territory, far away from home. When unexpected illnesses or accidents occur while you are traveling overseas or you face other severe emergencies, having international travel insurance gives you access to financial comfort, making the whole experience a lot less traumatic.

An International Travel Insurance might not immediately trigger a need in our minds and might seem like an unnecessary expense; however, this could prove to be your best investment in case of medical exigency. Consider the following example:

Scenario 1
Naive Planner

Mr. Ignorant planned a vacation at Hawaii with a budget of 4 Lakhs

Air Tickets: INR 1,80,000

Hotel Expenses: INR 70,000

Food Overheads: INR 40,000

Shopping: INR 30,000

Miscellaneous: INR 50,000

Kept approx. INR 30,000 for Medical Emergency

WHAT HE COULDN’T PLAN!

Slipped at the beach and hit his knee against a Rock. Landed in Hospital & hospital bill for 3-day stay was INR 5 Lakhs!

Because he had no International Travel Insurance, he had to pay out of pocket & his total budget increased to 9 Lakhs

Scenario 2
Smart Planner

Mr. Aware planned a vacation at Hawaii with a budget of 4 lakhs

Air Tickets: INR 1,80,000

Hotel Expenses: INR 70,000

Food Overheads: INR 40,000

Shopping: INR 57,000

Miscellaneous: INR 50,000

Travel Health Insurance INR 2,834 for Medical Emergency

WHAT HE COULDN’T PLAN!

Slipped at the beach and hit his knee against a Rock. Landed in Hospital & hospital bill for 3-day stay was INR 5 Lakhs!

Because he had International Travel Insurance, Hospital bill covered by Religare Health Insurance Company

Overseas Travel Insurance

In some cases, medical insurance is mandatory for entry into some countries. For instance, a certain minimum medical insurance is a prerequisite requirement for a visa into the Schengen Area, which comprises 26 European countries that function as a single country for international travel purposes. Further, this insurance should be valid within the Schengen region for the full duration of your stay and it must cover any expenses relating to repatriation for medical reasons, urgent medical attention and/or emergency hospital treatment or death. Even if medical insurance is not mandatory in the country to which you wish to travel, it still makes sense to purchase international travel insurance before you go because medical treatment outside India is extremely expensive. In fact, medical treatment abroad is approx. 3 to 10 times costlier than India. Explore – Our International Travel Insurance is Schengen approved.

Single-Trip vs Multi-Trip International Travel Insurance

Multi-Trip Policy: For frequent fliers, especially business travelers, insurers offer multi-trip policies that help in substantial saving of cost when compared to taking multiple policies – one for each separate trip.

Duration/Per Trip limit: In multi-trip policy, after commencing the trip some insurers will cover only a certain specified number of days. Example 30/45/60 days per trip.

Overseas Travel Insurance for Single Trip

A single trip International Travel Insurance provides coverage for a single international or domestic trip for a pre-defined number of days. This type of insurance is perfect for those who travel once a year. It provides all the coverage and benefit of a good travel insurance policy and protects against unfortunate incidents. This type of policy lapses the moment you return home from the trip.

Multi-Trip Overseas Travel Insurance

A Multi-Trip overseas travel Insurance provides coverage for multiple trips taken during a policy year. This type of policy is perfect for individuals who travel a lot due to work or a simple love of traveling and going on multiple trips frequently. Instead of purchasing a policy for every trip, it is more economical to purchase a single policy that covers multiple trips. For every trip, there is a predefined maximum number of days that the policy is applicable for depending on the plan that has been chosen. It is a comprehensive plan which provides all needed protection and coverage during each trip and ensures that you travel hassle-free.

What's Included in Overseas Travel Insurance Plan?

Here we have provided medical and Non-medical benefits of overseas travel insurance plans.

Medical Benefits of International Travel Insurance plan

Pre-Existing Disease Coverage: Expenses arising due to the treatment of pre-existing disease in a life-threatening situation.

Double Sum Insured for Accidental Hospitalization: The sum that is insured doubles in amount once in the case of an accidental hospitalization.

Treatment in Home Country: If after return from the trip, further treatment is required then the expenses for the same are covered for a period of up to thirty days or up to the end date of the policy, whichever is earlier.

Medical Evacuation: Any cost incurred due to emergency transportation and evacuation services in order to transfer the insured to an appropriate medical facility within the policy network.

Common Carrier Accidental Death: When the insured as a passenger faces accidental death on a common carrier/transport, a lump sum amount is paid.

Dental Expenses: Any dental expenses that are incurred due to an injury during the trip are covered for.

Daily Allowance for Hospitalization: When hospitalization is between two to five days, then expenses for meals, communication, and transportation are provided.

2-Way Compassionate Visit: Travel expenses for an immediate family member is provided to bring them to the current location of the insured.

Accidental Death/Permanent Total Disability: Any unfortunate expenses arising out of permanent total disability or death during the trip are covered.

Non-Medical Benefits of International Travel Insurance plan

Trip Delay: When departure is delayed beyond 12 successive hours due to terrorism or natural calamities like storm, flood, rains, earthquake, and cyclone then related expenses are covered.

Trip Cancellation or Interruption: When the trip is canceled or interrupted due to an unforeseen event which is due to natural or manmade situations, then the cost incurred is taken care of.

Loss/Delay of Checked-In Baggage: When the checked-in luggage is lost while in custody of the carrier or there are more than twelve hours of delay in receiving the luggage then the expenses are covered for.

Loss of Passport: In such a situation, the cost for a new or duplicate passport is taken care of.

Return of Minor Child: If the insured is traveling alone with child/children and is hospitalized, then the return cost of bringing the minor child to the home location is covered.

Up-Gradation to Business Class: When the insured has been hospitalized for more than five consecutive days and needs to be brought back to their home location, then compensation for up-gradation to business class is given.

Hospitalization Cover: If there is a situation of emergency hospitalization or treatment due to an illness or injury during the travel, the insurance plan takes care of the related cost. It includes both In-patient and Out-patient treatment.

Exclusions in International Travel Insurance Plan

The International travel insurance plan has the following exclusions:

  • Any cost occurring due to the treatment of HIV/AIDS or any other transmitted disease.

  • Any claim which is related to a hazardous activity.

  • Any expenses occurring under the influence of drugs or alcohol.

  • Any expenses related to consequences arising due to war or nuclear perils.

  • Any claim related to ionizing radiation or contamination due to the same.

  • Any expense to do with self-inflicted injury attempted suicide or suicide.

  • Any liability related to any professional services offered by the insured.

  • Any expense related to the insured being involved in his business activities.

  • Any cost occurring due to ownership of any aircraft, watercraft, motor vehicle or other vehicles.

  • Any personal liability of the insured towards another individual, whether personal, official or commercial.

  • Any cost arising due to wrongful detention, false arrest, wrongful eviction, defamation or mental trauma and shock resulting from such situations.

  • Any expense occurring due to encroachment of intellectual property rights like patent, copyright, and trademark.

  • Any liability related to the possession of animals, insects, bird and reptiles and their byproducts.

  • Any cost incurred due to the insured being involved in Breach of Law.

  • These are all the inclusions and exclusions of the plan. If there are any doubts related to any of them, it is best to have them cleared before proceeding with the purchase of the plan.

Things to Watch Out Before Buying an International Travel Insurance Policy

Destination/Geography: Before traveling one must cross-verify if the insurer they are choosing covers the exact geography they are traveling to.

Sub-limits: It is wise to know what all one can claim should there be a need while there is a wide list of features available, some of them might allow the insured to claim only up to a certain amount. Also, check if there is any threshold per-incident or per-claim.

Schengen Approved: If you travel to any country falling within the Schengen region, you must cross-check whether your travel insurance is valid. The same can be checked from the VFS website.

Geography based plans: A lot of insurers offer plans that are specific to a particular region. This helps the insurer in giving a cost advantage to the Insured since plans are priced also keeping in mind the cost of medical treatments in that specific region or scope of coverage required along with many other factors.

Exclusions: It is advisable to always check what is not excluded in your travel policy. Most insurers, for example, don't cover adventure sports or sports that are considered hazardous in nature or pre-existing ailments, etc. Knowing this will help you plan your excursions accordingly.

Process of Intimation of claim: It is wise to make sure you are aware of the timeframe in which an insurer would want you to intimate a claim. An insurer could tie-up with local service providers and in that case one should carry the requisite contact points.

Customer Care detail might be different from a claim helpline: While a claim helpline number is usually printed on policy documents, it is wise to cross-verify contact points to contact in case of a service-related inquiry since a claim team might not be able to offer assistance on the same. For example, a request for extension might have to be raised at a different touch-point. Some insurers offer the family option if more than 2 members are traveling for a cost advantage. Some companies offer premiums on per day basis instead of slabs. For instance, an insurer might charge for 180 complete (slab) while others could charge for as many days traveled and not necessarily 180 or similar slab.