In our daily life, even while commuting between home and office, we are exposed to risks like accident, pick-pocket, etc. Similarly, when we are flying off in a plane to a foreign destination, we are exposed to even bigger risks like missing your flight, cancellation of your trip, loss of checked-in baggage, passport loss, emergency medical conditions, etc.
While mostly people do not see them falling in such situations, the truth remains that the possibility of falling prey to such crisis like situations can happen to anyone. Thus, in order to protect ourselves from falling in any financial contingency like situation due to such reasons, we need to have a holiday
international travel insurance when on a foreign land.
Vacation insurance is meant to financially assist you at the time of emergency like situations, as mentioned in your travel insurance policy, during your trip. Each vacation insurance policy is different; therefore, it is important that you should know your risks and requirements before buying the policy. The premium amount towards your holiday travel insurance may vary too, depending on factors like your age, number of days you are travelling for, your destination, number of people insured under the policy, etc.
For instance, with respect to destinations, Reliance General Insurance offers vacation insurance for four different types of travel insurance policies – Schengen, World including USA & Canada, World excluding USA & Canada, Asia. Considering A is 30 years old and B is 50. What will be the premiums charged for a 20 day trip of Schengen travel insurance? Take a look:
Individual |
Age |
Plan |
Sum insured
(in euro) |
Premium (in Rs) |
A |
30 |
Standard |
50,000 |
897 |
B |
50 |
Standard |
50,000 |
982 |
Yet in another case, same individual travelling to different location might be charged different. Take a look:
Age of Individual |
Plan |
Destination |
Sum insured |
Premium
(in Rs) |
30 |
Standard |
Schengen |
50,000 euro |
897 |
30 |
Standard |
Asia |
$ 25,000 |
637 |
30 |
Standard |
World incl USA & Canada |
$ 50,000 |
637 |
If you still prefer not buying a holiday travel insurance, then ensure you have sufficient cash to bear the cost towards emergency like situations, while you are on a foreign land.
Relevant Links for Travel Insurance
Travel Insurance Online |
International Trip Insurance |
Student Travel Insurance |
Senior Citizen Travel Insurance |
Annual Multi Travel Insurance
Travel Insurance for Top Destinations
Travel Insurance America |
Holiday Insurance Thailand |
Holiday Insurance Dubai |
Holiday Insurance Canada |
Schengen Area Travel Insurance |
Travel Insurance SG |
Vietnam Travel Insurance |
Holiday Insurance UK |
Holiday Insurance Bali |
Insurance for Australia Travel |
Insurance for Travel To Malaysia