Whether traveling solo, with family or on a business, Leisure or study trips, a peaceful journey is all we need during a trip. And for us at GST Suvidha Centers, your journey is as important as your destination!
Travel Insurance
Traveling is an exciting experience. However, no matter how precisely we plan our trip, things tend to go wrong sometime. Travel Insurance offers coverage against lost passport, lost checked-in baggage, trip delays and travel-related risks while you are in a foreign country, like an accident abroad, loss of travel documents and many more . Travel insurance can’t prevent travel trouble, but it can address the financial impacts of many common problems. Policies are sold for single trips or defined time-frames, typically one year, with the option to renew indefinitely.
What does travel insurance cover?
Canceled Trips
- Trip Cancellation Coverage reimburses you for pre-paid, non-refundable expenses if you need to cancel your trip before you depart.
- Insurance companies provide a list of covered reasons for trip cancellation, an overview of typically covered reasons is below.Covered reasons to cancel your trip:
- Sickness, injury, or death of you, a family member, or a traveling companion
- Hurricane damages your destination or cancels your flight
- Laid off from work or required to work
- Terrorist incident in your destination city
- The bankruptcy of your travel supplier
- Called for jury duty
- This is only a partial list, but you can see it covers very common situations for canceling.
Medical emergencies abroad
Medical Expense Coverage will cover you for accidents and emergency medical and dental care when you travel abroad.
Even if you are covered for basic emergency care overseas (again, a big IF), your current health insurance provider will almost certainly NOT pay to evacuate you and repatriate you back
Emergency evacuations
Emergency Evacuation Coverage will pay for emergency evacuation expenses such as airlifts and medically equipped flights back home and oftentimes will transport you to the hospital of your choice for care. Evacuation expenses can be devastating.
Lost bags, delayed bags, delayed flights
- These coverage are for the “smaller things” that are nice to have. Again, the list is not complete but it will give you an idea of some additional coverages :
- Baggage Coverage can reimburse you for your personal belongings if your luggage is lost, stolen or damaged.
- Baggage Delay Coverage provides money to buy essential items until your delayed bags arrive, such as a toiletry kit, a swimsuit, or another change of clothes.
- Travel Delay Coverage provides reimbursement for additional expenses if your flight is delayed, such as an extra night in a hotel or a meal at a restaurant.
Additional coverage with travel insurance
Travel insurance can also provide coverage for:
Life Insurance coverage for accidental death or dismemberment.
Hazardous Sports extends medical coverage to cover activities like SCUBA.
Rental Car Collision replaces your personal insurance or the rental company policy.
Identity Theft provides services to help in the event of identity theft while traveling.
Travel insurance covers cancellations, medical expenses, evacuations, losses or delays, and 24/7 assistance
FAQ’S Travel Insurance
1. What is travel insurance?
Travel insurance is a type of insurance that covers the costs of unexpected events that can happen while travelling, such as trip cancellation, lost luggage, medical expenses, and more. It can be purchased for domestic or international travel.* It works in a similar way as most other insurance policies. Once you select the policy you want to buy, you can pay a premium for it. The coverage offered is temporary or for a limited duration. It lasts only for the duration of your trip unless you have chosen a multi-trip policy.*
2. Why do I need travel insurance? Is travel insurance necessary?
One often always expects one’s trip, be it domestic or international, to be a happy experience with memories that one can cherish for a lifetime. However, there is always a possibility that something may go wrong with a trip. For example, your flight may get delayed or cancelled, you may have to cut your trip short, you may face medical emergencies, baggage loss, and more. In such cases, it would be ideal to have some form of financial support to help you out of the situation. Travel insurance is what can help you with that. If you face any of the issues covered by your policy, you may get in touch with your insurance provider and make a claim. Depending on the situation, they may also be able to help you navigate the situation in the best possible manner.* Moreover, some countries have made it mandatory for tourists to get travel insurance before starting their stay in the country. Hence, if you are travelling internationally, it may not always be an option to not get international travel insurance before a trip.
3. Which countries have a mandatory travel insurance requirement?
Including 26 countries of the Schengen region, there are 52 countries where you cannot travel from India without a travel insurance policy. These are:
Switzerland
Algeria
Argentina
Aruba
Cambodia
Croatia
Cuba
Ecuador (Galapagos Islands included)
Fiji
Georgia
Lebanon
Iran
Israel
Jamaica
Jordan
Moldova
Morocco
Nepal
Qatar
Romania
Rwanda
Seychelles
Singapore
UAE
Togo
Turkey
Antarctica
Schengen countries:
Austria
Belgium
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
The Netherlands
Norway
Poland
Portugal
Slovenia
Slovakia
Spain
Sweden
4. What does travel insurance cover?
Some of the common travel insurance inclusions are:
- Trip cancellation or interruption
- Medical expenses
- Baggage loss or damage
- Trip delays or cancellations
- Accidents or injuries
- Legal expenses
- Terrorism
The minutiae of what is covered and what isn’t may depend on the policy you have chosen. It is ideal to get a clear idea of the policy details before you buy it.*
5. What is the cost of travel insurance?
The cost of travel insurance varies depending on a number of factors, including the length of your trip, the destination, and the level of coverage you choose. For example, the cost of a domestic travel insurance policy may be slightly lower than a policy for an international destination.* Usually, you can expect the cost of your travel insurance to be anywhere between 4% to 10% of the total estimated cost of your trip. You may also use a travel insurance premium calculator to quotes based on the trip details you can provide.*
6. How to make a travel insurance claim?^
When buying the policy, it is crucial to enquire about the process of making a claim, especially if your policy document does not provide any details about the same. The claims process may slightly differ from one insurer to another. However, claims can commonly be made by reaching the insurer through their website, email, app, or even on call. ^Claims are subject to terms and conditions set forth under travel insurance policy. Getting all your travel insurance questions answered before you leave for your trip is important. This ensures that you can make the best use of your policy if you find yourself stranded or facing an issue in a foreign location.*