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Irdai introduces standard travel insurance policies to help consumers.

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The IRDA guidelines called Standard Domestic Travel Insurance Product (SDTIP) have introduced five variants of the travel insurance products. They will have the basic mandatory covers which will be uniform across the market.

Travel Insurance Policy

  • Mode of travel covered: Travel through Taxi Cab/bus,
  • Limit on distance: Within 100 kms from the Place of Origin
  • Covered Journey: A single journey from Place of Origin to Place of Destination.
  • Tenure : Duration of journey
  • Mode of travel covered: Travel through Taxi Cab/Bus,
  • Limit on distance: More than 100 kms from the Place of Origin
  • Covered Journey: A single journey from Place of Origin to Place of Destination
  • Mode of travel covered: Train Travel (Only for Reserved tickets),
  • Limit on distance: No restrictions on distance
  • Covered Journey: A single journey from the Place of Origin to Place of Destination.
  • Tenure: Duration of journey
  • Mode of travel covered: Air travel
  • Mode of travel covered: Domestic Trips involving travel through any one or multiple modes of common carrier such as Taxi Cab, Bus, Train, Ship or Air travel
  • Covered Journey: Coverage from Place of Origin till return to Place of Origin/Place of Residence
  • Tenure: Domestic trips with maximum duration of up to 30 days.

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IRDAI Guidelines on Standard Travel Insurance Policy

  • | Corporate Law - Circulars - Notifications/Circulars
  • Download PDF
  • 29 Dec 2020
  • 3,486 Views

Insurance Regulatory and Development Authority

Exposure draft Ref. No:– Date:28-12-2020

Guidelines on Standard Travel Insurance Policy

In order to make available a standard travel insurance product with common coverage and policy wordings across the industry, an exposure draft on “Guidelines on Standard travel insurance policy” along with Standard terms & conditions (Annexure -1), Customer Information Sheet (Annexure- 2) and Use and File format (Annexure-3) is issued and attached herewith.

All the stakeholders are requested to forward their comments/suggestions on the exposure draft by 6th January, 2021 in the attached format.

Stakeholders are also requested to suggest a suitable name for the product. The person whose suggested name is selected will be issued a certificate of appreciation by Chairman, IRDAI.

The comments along with the suggested name may be mailed to [email protected].

SURESH MATHUR Executive Director (Health)

FORMAT FOR SUGGESTIONS ON

Exposure Draft on

EXPOSURE DRAFT ON STANDARD TRAVEL INSURANCE PRODUCT

A. Preamble:

1. Indian travel market is one of the biggest in the world. As per reports, around 36% of Indian households undertake trips for one purpose or other both within and outside the country. While it is essential that every travel undertaken shall be a safe journey, there is a need to make every trip a secured journey by providing suitable safety net. Though, there are a number of travel insurance products available in India, the penetration of travel insurance is yet to take off. Further, each product has unique features and the insuring public may find it difficult to choose an appropriate product. In order to deepen the penetration of travel insurance, which shall provide safety net to every individual who is undertaking travel, it is considered essential to have a standard travel product. This standard product shall have common benefits and policy wordings across the industry.

2. Towards this, the following Guidelines on Standard Travel Insurance Product are issued.

3. The standard product shall have the basic mandatory covers as specified in these Guidelines which shall be uniform across the market. The product may be both as an individual product and as a group product.

4. The optional covers which are specified are allowed to be offered along with the standard product.

5. The insurer may determine the price keeping in view the covers proposed to be offered subject to complying with the norms specified in the IRDAI (Health Insurance) Regulations, 2016 (HIR, 2016) and Guidelines notified there under.

6. The policy tenure of the standard product shall be the duration of the journey of policyholder as a fare paying passenger and during their stay at overseas, in case of overseas travel policy, as specified in the policy schedule.

7. The standard Product shall comply with all the provisions of IRDAI (Health Insurance) Regulations, 2016, all other applicable Regulations, Consolidated Guidelines on Product filing in Health Insurance Business (Ref: IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020), Master Circular on Standardization of Health Insurance Products (Ref: IRDAI/HLT/REG/CIR/193/07/2020 dated 22nd July, 2020) and other applicable Guidelines as amended from time to time.

8. Every General and Stand-alone Health Insurer, who has been issued a Certificate of Registration to transact General and/or Health Insurance Business, shall endeavour to offer this product.

B. Construct of Standard Travel Insurance (Individual/Group) is as follows

(I) Plans & Coverages under Domestic Travel Insurance

B (II) Overseas Travel Insurance

C. Other Norms applicable:

D: Proposed construct of  Terms and Conditions  for Standard Product:

9. The Policy Terms and Conditions of the Standard Product shall be in the format specified in Annexure – 1. Insurer may suitably modify the definitions and other clauses of the policy contract prospectively based on the Regulations or Guidelines that may be issued by the Authority from time to time.

E: Other Norms:

10. The nomenclature of the product shall be Standard Travel Insurance Policy, succeeded by name of insurance company, (Standard Travel Insurance Policy, <name of insurer>). No other name is allowed in any of the documents.

11. The Proposal Form used for the product shall be subject to the norms specified under the Guidelines on Product Filing in Health Insurance.

12. Insurers shall mandatorily issue Customer Information Sheet (CIS) as per the format specified in these guidelines.

13. The Standard product shall be launched without prior approval of the Authority subject to complying with the following conditions.

a. The product shall be approved by the Product Management Committee.

b. Insurers shall obtain UIN for the standard product by filing the relevant particulars in Form – IRDAI-UNF-STIP (as specified in these Guidelines) along with a certificate from Chief Compliance Officer that the product filed is in compliance with the norms specified under these guidelines.

c. On review of the application, the Authority may call for such further information as may be required and may issue suitable directions which shall be retrospectively effected in respect of all contracts issued under this product.

14. All General and Health Insurers shall endeavour to offer this product from 01 st April, 2021onwards.

15. This has the approval of the competent authority.

General Manager (Health)

Standard Travel Insurance,[Company Name]

1. PREAMBLE

This Policy is a contract of insurance issued by [name of the Company] (hereinafter called the ‘Company’) to the proposer mentioned in the schedule (hereinafter called the ‘Insured’) to cover the person(s) named in the schedule (hereinafter called the ‘Insured Persons’). The policy is based on the statements and declaration provided in the proposal Form by the proposer and is subject to receipt of the requisite premium.

2. OPERATIVE CLAUSE

Any amount payable under the policy shall be subject to the terms of coverage, exclusions, conditions and definitions contained herein. Maximum liability of the Company under all such Claims during each Policy Year shall be the Sum Insured specified in the Schedule.

3. DEFINITIONS

The terms defined below and at other junctures in the Policy have the meanings ascribed to them wherever they appear in this Policy and, where, the context so requires, references to the singular include references to the plural; references to the male includes the female and references to any statutory enactment includes subsequent changes to the same.

3.1 Accident means a sudden, unforeseen and involuntary event caused by external, visible and violent means.

3.2 Age means age of the Insured person on last birthday as on date of commencement of the Policy.

3.3 Air Travel shall mean travel by an airline/aircraft for the purpose of flying therein as a passenger. Air travel means being in or on, or boarding an aircraft for the purpose of flying therein or alighting there from following a flight bound outside India.

3.4 Cashless Facility means a facility extended by the insurer to the insured where the payments, of the costs of treatment undergone by the insured person in accordance with the Policy terms and conditions, are directly made to the network provider by the insurer to the extent pre-authorization is approved.

3.5 Checked in baggage means the baggage handed over by the Insured Person and accepted by an International Airlines / carrier outside India for transportation in the same mode of conveyance as the Insured Person travels and for which the carrier has issued a baggage receipt.

3.6 Condition Precedent means a Policy term or condition upon which the Company’s liability under the Policy is conditional upon.

3.7 Common Carrier means any public road conveyance which is operating under a valid license from the relevant authority for the transportation of passengers for hire or reward.

3.8 Dependent Family consists of the proposer and any one or more of the family members as mentioned below:

i. legally wedded spouse.

ii. Parents and Parents-in-law.

iii. Dependent Children (i.e. natural or legally adopted) between `1 day to 25 years if attending as a full time student of a recognized institution who are unmarried, who permanently reside with the Insured person at the country of residence.

3.9 Disclosure to information norm: The policy shall be void and all premium paid thereon shall be forfeited to the Company in the event of misrepresentation, mis-description or non-disclosure of any material fact.

3.10 Emergency Care: Emergency care means management for an illness or injury which results in symptoms which occur suddenly and unexpectedly, and requires immediate care by a medical practitioner to prevent death or serious long term impairment of the insured person’s health.

3.11 Emergency Dental Treatment means the services or supplies provided by a Licensed dentist, Hospital or other provider that are medically and immediately necessary to treat dental problems resulting from injury. However, this definition shall not include any treatment taken for a pre-existing condition.

3.12 Emergency Medical Treatment means the services or supplies provided by a Physician, Hospital or Licensed provider that are Medically Necessary to treat any illness or other covered condition that is acute (onset is sudden and unexpected), considered life threatening, and one which, if left untreated, could deteriorate resulting in serious and irreparable harm.

3.13 Emergency Medical Evacuation means the medical condition of the Insured Person warrants Immediate transportation of the insured person from the place he/she is sick/sustains accidental injuries to the nearest hospital for appropriate treatment and/or after the treatment the medical condition of the Insured person warrants transportation to the Country where the Trip commenced for the purpose of further medical treatment or recovery.

3.14 Hospital means any institution established for in-patient care and day care treatment of disease/ injuries and which has been registered as a hospital with the local authorities under the Clinical Establishments (Registration and Regulation) Act, 2010 or under the enactments specified under Schedule of Section 56(1) of the said Act, OR complies with all minimum criteria as under:

i. has qualified nursing staff under its employment round the clock;

ii. has at least ten inpatient beds, in those towns having a population of less than ten lakhs and fifteen inpatient beds in all other places;

iii. has qualified medical practitioner (s) in charge round the clock;

iv. has a fully equipped operation theatre of its own where surgical procedures are carried out

v. maintains daily records of patients and shall make these accessible to the Company’s authorized personnel.

3.15 (a) Hospitalisation means admission in a hospital for a minimum period of 24 consecutive ‘in-patient care’ hour except for specified procedures / treatments, where such admission could be for a period of less than 24 consecutive hours.

(Note: Clause 3.16 (a) is applicable to domestic travel insurance policies)

(b) Hospitalisation means admission in a hospital for a minimum period of twenty four (24) consecutive ‘In-patient care’ hours.

i. Acute Condition means a disease, illness or injury that is likely to response quickly to treatment which aims to return the person to his or her state of health immediately before suffering the disease/ illness/ injury which leads to full recovery.

ii. Chronic Condition means a disease, illness, or injury that has one or more of the following characteristics

a) it needs ongoing or long-term monitoring through consultations, examinations, check-ups, and / or tests

b) it needs ongoing or long-term control or relief of symptoms

c) it requires rehabilitation for the patient or for the patient to be special trained to cope with it

d) it continues indefinitely

e) it recurs or is likely to recur

(Definition of Clause 3.16 (b) is applicable for overseas travel insurance policies)

3.16 Injury means accidental physical bodily harm excluding illness or disease solely and directly caused by external, violent and visible and evident means which is verified and certified by a medical practitioner.

3.17 In-Patient Care means treatment for which the insured person has to stay in a hospital for more than 24 hours for a covered event.

3.18 Insured Person means person(s) named in the schedule of the Policy.

3.19 Intensive Care Unit means an identified section, ward or wing of a hospital which is under the constant supervision of a dedicated medical practitioner(s), and which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require life support facilities and where the level of care and supervision is considerably more sophisticated and intensive than in the ordinary and other wards.

3.20 ICU (Intensive Care Unit) Charges means the amount charged by a Hospital towards ICU expenses on a per day basis which shall include the expenses for ICU bed, general medical support services provided to any ICU patient including monitoring devices, critical care nursing and intensivist charges.

3.21 Immediate Relative mean sister(s), brother(s), sister(s)-in-law, brother(s)-in-law, parents-in-law, Step Parents.

3.22 Medical Advice means any consultation or advice from a Medical Practitioner including the issue of any prescription or follow up prescription.

3.23 Medical Expenses means those expenses that an insured person has necessarily and actually incurred for medical treatment on account of illness or accident on the advice of a medical practitioner, as long as these are no more than would have been payable if the insured person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

3.24 Medical Practitioner means a person who holds a valid registration from the Medical Council of any state or Medical Council of India or Council for Indian Medicine or for Homeopathy set up by the Government of India or a State Government and is thereby entitled to practice medicine within its jurisdiction; and is acting within the scope and jurisdiction of the licence.

3.25 Medically Necessary Treatment means any treatment, tests, medication, or stay in hospital or part of a stay in hospital which

i. is required for the medical management of illness or injury suffered by the insured;

ii. must not exceed the level of care necessary to provide safe, adequate and appropriate medical care in scope, duration, or intensity;

iii. must have been prescribed by a medical practitioner;

iv. must conform to the professional standards widely accepted in international medical practice or by the medical community in India.

3.26 Network Provider means hospitals enlisted by insurer, TPA or jointly by an insurer and TPA to provide medical services to an insured by a cashless facility.

3.27 Non- Network Provider means any hospital that is not part of the network .

3.28 Notification of Claim means the process of intimating a claim to the Insurer or TPA through any of the recognized modes of communication.

3.29 Pre-Existing Disease (PED): Pre-existing disease means any condition, ailment, injury or disease

a) That is/are diagnosed by a physician within 48 months prior to the effective date of the policy issued by the insurer or

b) For which medical advice or treatment was recommended by, or received from, a physician within 48 months prior to the effective date of the policy or its reinstatement.

c) A condition for which any symptoms and or signs if presented and have resulted within three months of the issuance of the policy in a diagnostic illness or medical condition.

3.30 Policy means these Policy wordings, the Policy Schedule and any applicable endorsements or extensions attaching to or forming part thereof. The Policy contains details of the extent of cover available to the Insured person, what is excluded from the cover and the terms & conditions on which the Policy is issued to The Insured person

3.31 Policy period means the duration of journey in the public carrier as a fare paying passenger as mentioned in the policy schedule

3.32 PERIOD OF INSURANCE This insurance is valid from the First Day of Insurance or date and time of departure from India,whichever is later, subject to General Condition and expires on the last day of the number of days specified in the policyschedule or on return to India whichever is earlier. When injury/illness accident covered under this policy is contracted during policy period and treatment for the same commences during the period and continues beyond the expiry date of this policy, only emergency expenses would be paid up to 45 days from the date of expiry of the policy provided the insured person is medically incapable of travel. The insurer must be notified immediately as soon as it is known that insured person is unfit to return to India. If any new illness/injury/accident is contracted beyond the expiry date of the policy, treatment for the same would not be covered. Extension of the period of insurance is automatic for the period not exceeding days, and without extra charge if necessitated by delay of public transport services beyond the control of the Insured person.

3.33 Policy Schedule means the Policy Schedule attached to and forming part of Policy

3.34 Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

3.35 Room Rent means the amount charged by a hospital towards Room and Boarding expenses and shall include the associated medical expenses.

3.36 Sub-limit means a cost sharing requirement under a travel insurance policy in which an insurer would not be liable to pay any amount in excess of the pre-defined limit

3.37 Sum Insured means the pre-defined limit specified in the Policy Schedule. Sum Insured represents the maximum liability for any and all claims made under the Policy, in respect of that Insured Person (on Individual basis) or all Insured Persons (on Floater basis) during the Policy Year.

3.38 Surgery or Surgical Procedure means manual and / or operative procedure (s) required for treatment of an illness or injury, correction of deformities and defects, diagnosis and cure of diseases, relief of suffering and prolongation of life, performed in a hospital or day care centre by a medical practitioner.

3.39 Third Party Administrator (TPA) means a Company registered with the Authority, and engaged by an insurer, for a fee or by whatever name called and as may be mentioned in the health services agreement, for providing health services.

4. Coverage under Domestic & Overseas Travel Insurance

We will pay the insured person the benefits as detailed below, for events described, if it occurs during the insured journey only. Each Benefit is subject to its own Sum Insured as mentioned in the policy schedule.

Domestic Travel (Sections 1 to 15)

Base Cover: (Sections 1 to 6)

The cover listed below is in-built Policy benefit and shall be available to all Insured Persons in accordance with the procedures set out in this Policy.

Section 1. Accidental Hospitalization Expenses: The Company will indemnify the Insured person up to the sum insured as mentioned in the Certificate of Insurance/Policy Schedule in respect of Hospitalisation Expenses reasonably and necessarily incurred as an in-patient, for treatment of injuries sustained following an accident to the Common Carrier during the period of travel.

The medical expenses shall include and be limited to the following services:

I. Room, Boarding expenses

II. Intensive Care Unit bed charges

Associated medical expenses as specified below:

i. Doctor’s fees

ii. Nursing Expenses

iii. Surgical Fees, Operation Theatre Charges, Anesthetist, Anesthesia, Blood, Oxygen and their administration, Physical Therapy

iv. Prescribed Drugs and medicines consumed on the premises

v. Investigation Services such as Laboratory, X-Ray, Diagnostic tests

vi. Dressing, Ordinary splints and plaster casts

vii. Cost of Prosthetic and other devices that are used intra operatively during a Surgical Procedure, if recommended by the attending Medical Practitioner

If the Insured Person is admitted in a room where the Room Rent incurred or the Room Category is different than the one specified in the Policy Certificate, then the Insured shall bear the rateable proportion of the total associated Medical Expenses (including surcharge or taxes thereon) in the proportion of the difference between the room rent actually incurred and the room rent limit or the Room Rent of the entitled room category to the room rent actually incurred.

Specific Exclusions to this Section

In addition to the General exclusions under this policy, we will not make any payment for any claim in respect of any Insured Person directly or indirectly for, caused by, arising from or in any way attributable to:

a) Any travel which is for the purpose of obtaining medical treatment.

b) A Pre-existing Condition/Disease

c) If the Insured Person is travelling against the advice of a Doctor or is receiving or on a waiting list for specified medical treatment.

d) Any treatment of cancer, orthopedic, degenerative or oncology diseases, unless immediate medical treatment was required in order to maintain life or relieve acute pain or distress.

e) Any treatment relating to the removal of physical flaws or anomalies or any form of cosmetic treatment or surgery.

f) Any costs or periods of residence incurred in connection with rest cure or recuperation at spas or health resorts, sanatorium, convalescence homes or any similar institution.

g) Any costs in any way related to psychiatric or mental disorders.

h) Any costs relating to the Insured Person’s pregnancy, childbirth or the consequences of either provided that:

i. This exclusion shall not apply if the Insured Person’s pregnancy had not advanced beyond the 30th week, in which case We will reimburse the reasonable cost of the medically necessary emergency treatment required because of acute complications during the course of her pregnancy to directly avert danger to her life or that of the unborn child.

ii. This exclusion does not include admissions for ectopic pregnancy

iii. We will not make any payment towards the cost of abortion, childbirth except condition (i) above or any postnatal illness or disease or their consequences.

i) Rehabilitation or physiotherapy or the costs of artificial limbs or any other external appliance and/or device used for diagnosis or treatment; any external diseases, defects or anomalies

j) The abuse or the consequences of the abuse of intoxicants or hallucinogenic substances such as drugs and alcohol, including smoking cessation programs and the treatment of nicotine addiction or any other substance abuse treatment or services, or supplies.

k) Treatment of Obesity and any weight control program.

l) Any non allopathic treatment.

m) Charges related to a Hospital stay not expressly mentioned as being covered, such as charges for admission, discharge, administration, registration, documentation and filing.

n) Treatment rendered by a Doctor which is outside his discipline;

o) Doctor’s fees charged by the Medical Practitioner sharing the same residence as an Insured Person or who is an immediate relative of an Insured Person’s family.

p) The provision or fitting of hearing aids, spectacles or contact lenses including optometric therapy, any treatment and associated expenses for alopecia, baldness, wigs, or toupees, medical supplies including elastic stockings, diabetic test strips, and similar products.

q) Non-prescription drugs or treatments.

r) Venereal disease, sexually transmitted disease or illness; “AIDS” (Acquired Immune Deficiency Syndrome) and/or infection with HIV (Human immunodeficiency virus) like conditions related to or arising out of HIV/AIDS such as ARC (AIDS related complex), Lymphomas in brain, Kaposi’s sarcoma, tuberculosis.

s) Intentional self injury

t) Injury directly or indirectly caused by or arising from or attributable to war, invasion, act of foreign enemy, warlike operations (whether war be declared or not).

u) Injury directly or indirectly caused by or contributed to by nuclear weapons/materials

v) Charges incurred on diagnostics that are not consistent with the treatment for which the insured is admitted in the hospital / nursing home. Admission primarily for diagnostic purpose with no positive existence of injury and no further treatment is indicated.

w) Expenses on vitamins and tonics unless forming part of treatment for injury or disease as certified by the attending Physician of the hospital where the insured underwent treatment

x) Hospital registration charges, record charges telephone charges and such other charges.

Section 2. Accidental Death: If the Common Carrier in which the insured person is travelling meets with an accident resulting in death of insured person within 365 days from the date of Accident, then the Company will pay as compensation to the legal heirs / nominee, the amount stated as sum insured in the policy schedule/ Certificate of Insurance.

Section 3. Permanent Total Disablement : If following an Accident to the common carrier which caused permanent total impairment of the Insured’s physical capabilities, then the Company will pay the benefits as provided in “Benefits Schedule (Table – T1)” depending upon the degree of disablement provided that:

a) The disablement occurs within 365 days from the date of the Accident.

b) The disablement is confirmed and claimed for, prior to the expiry of a period of 60 days since occurrence of the disablement.

Section 4. Permanent Partial Disablement : If following an Accident to the common carrier which caused permanent partial impairment of the Insured’s physical capabilities, then the Company will pay the benefits as provided in “ Benefits Schedule (Table – T2) ” depending upon the degree of disablement provided that:

Special Condition for Benefits PTD and PPD are provided below: 

a) The disablement occurs within 365days from the date of the Accident.

c) If the Accident affects any physical or mental function of the Insured Person, which was already impaired prior to the accident, a deduction as certified by an independent medical practitioner will be made in respect of this prior disablement.

d) If the accident impairs a number of physical or mental functions, the degree of disablement given in the Table of Benefits will be added together, but liability in any case shall not exceed 100% of the Sum Insured.

e) Any injuries/conditions which are Pre-existing are not covered.

f) Any claim which arises out of Accidents whilst the insured is engaged in any criminal or illegal act.

g) Any claim for Death or Permanent Disablement of the Insured Person (a) from intentional self-injury / suicide or attempted suicide or (b) caused by the insured person whilst the he/she is under the influence of intoxicating liquor or drugs or (c) from self-endangerment unless in self-defence or to save human life

h) Provoked murder or assault or any attempt thereat

i) In the event of Permanent Disablement, the Insured Person will be under obligation:

i. To have himself/herself examined by independent doctors (doctors not associated with the insurer). The costs for such examination will be paid by the insurer as an reimbursement to the insured.

ii. To authorize doctors providing treatments or giving expert opinion and any other authority to supply the Company any information that may be required.

Section 5. Repatriation Of Mortal Remains: Following an admissible claim under Death due to Accident (PA), the Company shall pay for repatriation of mortal remains of the insured person from the place of death to the Insured’s place of residence up to the limits mentioned in the Certificate of Insurance/policy schedule, provided, the death of the insured person occurred in a location that is not the place of residence of the insured person and the place of death is at least 100 kilometres from his place of residence.

Section 6. Ambulance Charges and Emergency Medical Evacuation: Subject to an admissible claim under Hospitalisation due to Accident, the Company shall pay up to the limits mentioned in the Certificate of Insurance/Policy Schedule towards

a) Ambulance charges to go to nearest hospital for emergency treatments or

b) The cost of emergency medical evacuation if the treatment facility is not available in the nearest hospital. Recommendation by the treating doctor for evacuating the insured to another hospital with required equipment from where the insured is primarily admitted is required to be submitted for an admissible claim under this Section

Optional Covers (Sections 7 to 15)

The cover listed below are Optional Policy benefit and shall be available to Insured Persons in accordance with the terms set out in the Policy, if the listed cover is opted by the insured person.

Section 7. Hospital Cash: If during the period of insurance, the insured person sustains accidental injuries, due to an accident to the Common Carrier, resulting in hospitalization as an in-patient, the Company shall pay cash benefit mentioned in the policy schedule for each completed 24 hours upto a maximum of 7 days, provided there is an admissible claim under the policy. Benefits under this Section are payable as benefit based irrespective of the costs incurred.

Section 8. Compassionate Visit

In event of the Insured being Hospitalized consequent upon any Injury sustained and/ or Illness contracted at any place being part of the Trip covered hereunder during the policy period and such Hospitalisation shall in the opinion of the Medical Practitioner attending on the Insured extend beyond a period of 5 days, the Insurer shall reimburse the cost of the economy class air ticket/common carrier incurred by any one person of the Family or immediate relative rendering such special assistance from and to the place of origin of such person or the place of residence of the person upto the actuals or Sum Insured as mentioned in the Policy Schedule whichever is less.

Provided that

i. The Hospitalisation has been advised by the Medical Practitioner attending on the Insured and such Hospitalisation is admitted under Section 1 – Medical Expenses Cover of this Policy; and

ii. The need of such assistance is essential in the opinion of the Medical Practitioner attending on the Insured and recommended by him/ her accordingly.

The Company’s liability under this Benefit, however, shall in respect of any one event or all events of Hospitalisation during the Policy Period shall not exceed the Sum Insured as specified in the Policy Schedule.

Terms and Conditions:

a) The Insured shall as far as possible seek for such special assistance from any one of his/ her relatives, either at the place of Hospitalisation or any other nearest place.

b) It is a condition precedent to the Company’s liability hereunder that the need for such a special assistance and consequent visit of any one of the Family or relative from a particular place is also approved by the Overseas Administrator before any one of the Family or near relative undertakes the Trip.

c) The Insured Person is Hospitalized at a distance of at least 100 kilometres from his place of residence;

d) We shall not accept more than one claim under this Cover Benefit in respect of the Insured Person following from the same Accident.

c. We will reimburse only those expenses that are Reasonable and Customary Charges;

Section 9. Compassionate Visit Stay (maximum of 7 days)

We will pay the daily amount specified in the Certificate of Insurance/policy schedule towards accommodation expenses for a family member/ an Immediate Relative of the Insured Person to stay at the place of Hospitalization of the Insured Person during the Coverage Period.

This Cover Benefit will be payable provided that:

a. We have accepted a claim under Hospitalisation due to Accident

b. The Insured Person is Hospitalized at a distance of at least 100 kilometres from his place of residence;

b. This Cover Benefit shall not be payable in respect of the Insured Person for more than the maximum number of days specified in the Certificate of Insurance/policy schedule for the Coverage Period;

d. We will reimburse only those expenses that are Reasonable and Customary Charges;

c. We shall not be liable to pay any amount under this Cover Benefit after the Insured Person’s discharge from Hospital;

e. We shall not accept more than one claim under this Cover Benefit in respect of the Insured Person following from the same Accident.

Section10. Missed Flight (applicable to air travel only):

We will reimburse the cost of the booking up to the limit specified in the Certificate of Insurance/Policy Schedule on the Common Carrier due to the Insured Person’s failure to reach the original departure point of the booked journey caused by the delayed arrival of a public transport or any other Common Carrier that the Insured Person was travelling in as a passenger, or due to any Accident during the Coverage Period.

This Benefit will be payable provided that:

a. The Insured Person provides Us with a written proof from the Common Carrier of the missed departure;

b. We shall not accept more than one claim under this benefit during the Coverage Period.

c. We shall not be liable to reimburse any expenses for any loss which will be paid or refunded by any applicable Common Carrier.

Conditions and Exclusions applicable for Sections10 (applicable to air travel only):

a) Destination specified while booking a trip in the public transport or common carrier should be the departure Airport for an admissible claim under these covers. If the destination is changed to places other than airport during the trip, claim under these optional covers is not admissible.

b) The trip to the Airport of departure should commence adequately in advance to reach the Airport as per the timeline rules of the Airline Authority or 90 minutes before the schedule departure time of the Aircraft, whichever is higher.

c) The Company shall not be liable to reimburse any expenses in respect of delay caused due to, arising out of or in consequence of any acts or omissions of the Insured Person.

Section 11. Loss of Checked-in Baggage (applicable to air travel only)

If the Insured Person’s checked-in accompanying baggage is permanently lost by the carrier (land, sea or air) to whom it was entrusted, then the Insurer will pay a fixed amount as specified in the policy schedule/certificate of insurance. The compensation shall be relating to the loss of baggage as a whole, and shall be on actuals on declaration of such loss by the Insured, provided that the overall liability under this Benefit shall be limited to the sum specified in the Policy Schedule hereunder. Should the lost Checked In Baggage be traced and delivered to the Insured, the Insured shall return to the Company the entire amount paid hereunder.

Specific Conditions:

1. The amount payable in respect of any one article, pair or set is limited to the amount stated in the Schedule.

2. In the event of loss of property whilst in the custody of a carrier, a Property Irregularity Report (PIR) must be obtained from thecarrier immediately upon discovering the loss, which must be submitted to “Assistance Service Provider”/the insurer in the event of a claim.

3. The baggage should be totally lost .No partial loss or damage shall become payable. However, total loss or damage of an individual unit (s) of baggage shall not beconstrued as falling within this exclusion.

4. The insurers reserve the right to replace or pay the intrinsic value of any lost article.

5. In the event of total loss of more than one checked-in baggage, the maximum amount payable per baggage will be 50% and per article contained in the bag will be 10% of the Limit of Indemnity.

6. Our payment will be reduced by any sum for which the Carrier is liable to make payment

7. In the event of loss of a pair/set, Insurer can repair or replace any part, to restore the pair or set to its value before the loss; or pay the difference between the cash value of the property before and after the loss.

8. The Insurer liability under this cover will be limited to the travel destinations specified in the main travel ticket from India and return trip back to India during trip abroad. All halts and via destinations included in this main travel ticket will also be considered for payment under this cover.

9. The liability of the Insurer to make payment shall not arise until liability is admitted by the airline.

The Insurer shall not be liable for any claim under this Cover that is caused by or is attributable to or arises out of or is howsoever connected to any of the following:

a) any electronic, electrical, visual or audio visual equipment, item or aid;

b) any loss due to complete/partial damage for the Checked-in-Baggage

c) any partial loss of the items in the Checked-in-Baggage;

d) Damage to the baggage

e) any item in the Checked-in-Baggage, which is valued above $ 100 without appropriate proof of ownership;

f) any loss arising from any delay, detention or confiscation by customs officials, police or other public authorities;

g) any kind of precious metals or articles made from any precious metals, cash, currency (Indian or foreign), precious stones or models or coins or curios, sculptures, manuscripts, stamps, collections of stamps, rare books, medals, moulds, designs or any other collectibles, deeds, ATM cards, credit cards, charge cards, bonds, bills of exchange, bank notes, treasury or promissory notes, cheques, money, securities, or any other negotiable instrument.Eyeglasses, sunglasses, contact lenses, hearing aids, artificial teeth and limbs; Tickets, keys, money, securities, bullion, stamps, documents (travel or otherwise),Jewellery, watches, gems, furs, cameras and camera equipment, camcorders, sporting equipment, computers (other than lap tops), radios and anyelectronic item. Such items should at all times be carried by the Insured Person and not packed as part of checked in baggage

Section 12. Trip Delay (applicable only for air travel) (beyond 3 hour)

We will pay the Insured person up to the amounts specified in the policy schedule/certificate of insurancein respect of reasonable additional accommodationand travelling and any other reasonableexpenses incurred as a result of the Insured’s flight being delayed by more than three hours from the scheduled time until travel becomespossible, due to a strike, industrial action, mechanical breakdown and inclement weather. Incurred expenses must be accompanied bysupporting receipts.

The insured will be reimbursed for –

1. Additional transportation costs to join the trip (by the lowest expensive class).

2. Reasonable accommodations and meals up to Rs. 1000 per day.

Provided always that

1. The delay is beyond three hours of scheduled departure.

2. The insured shall submit to the Company all relevant bills and receipts to substantiate the expenses incurred.

3. The Insured Person provides Us with a written proof from the Common Carrier of the length of the delay unless this proof is available to Us directly from a reliable source in the public domain;

4. We shall not accept more than one claim under this Benefit during the Travel Period.

5. The Common Carrier must certify the delay of the regularly scheduled airline flight.

6. The indemnity provided hereunder is in excess of what is provided by the Common Carrier or any other party free of charge.

Exclusion applicable:

In addition to the general exclusions, this section shall not cover any delay due to an covered hazard which was made public orknown to the Insured Person/s prior to the purchase of this policy or prior to departure of flight or prior to booking of flight ticket. for any departure which is delayed as a result of the Insured or anyother person who has arranged to travel with failing to check in correctly as required by the Common Carrier.

Section 13. Carrier Cancellation (applicable only for air travel)

We will pay the Sum Insured if the Insured Person’s booked and confirmed journey is cancelled within 48 hours prior to the scheduled departure by the Common Carrier.

The Benefit will be payable provided that:

a. The Insured Person provides Us with a written proof from the Common Carrier of the cancellation of the journey unless this proof is available to Us directly from a reliable source in the public domain.

b. Any cancellation of the journey by the Insured Person is not payable under the policy.

Section 14. Trip cancellation due to pandemic/epidemic  & natural calamities

The Company will reimburse the unused and non-refundable portion of the pre-paid lodging cost and/or the ticket cancellation charges (up to the maximum amount specified in the schedule) if the Trip is cancelled and the Insured Person is unable to undertake the Trip due to:

i. death or serious injury or sudden sickness requiring minimum 3 days of hospitalization within 5 days before the date of departure specified in the policy schedule of (a) of the Insured Person or (b) Traveling Companion or (c) immediate Family member of the Insured Person.

ii. Covered occurrence provided they take place at and in the vicinity of any port involved

in the Insured’s Trip which shall mean the following:

1. Earthquake.

2. Lighting, Storm, Tempest, Typoon, Huricane, Inudation, Subsidence

3. Landslide and rockslide

4. Avalanche

5. Floods resulting from unseasonal rains, storm or cyclone.

6. Terrorism.

8. Volcano Eruption.

Amount payable under this section will be only in excess of any amount paid or payable if any by the Hotel/Airlines. The booking should have been made in advance prior to the cancellation.

Exclusions applicable to this benefit:

a. Negligence or fault of the travel agent.

b. Suspension of services by the Common Carrier whether pursuant to any order from any authority.

c. General exclusions applicable as specified in the policy

Claims provisions applicable to Trip Cancellation benefit

In event of any of the contingencies covered hereunder occurring either at the place of origin in the Country of Residence of the Insured or at any intermediary place any time after the commencement of the Trip and before termination of the same,   resulting in the interruption of the scheduled travel being part of the Trip necessitating cancellation of the Trip, immediate notice thereof shall be given by the Insured to the Assistance Service Provider of Company.

Section 15:Automatic trip extension

The period of insurance is automatically extended upto a period of 7 days when there is a delay in Common Carrier, due to a Covered Occurrence and when no alternative travel arrangement is available. Travel Policy Extension beyond seven days can be granted on all travel plans up to the age of 80 years subject to following,

1. No claims being incurred under the original Policy.

2. Declaration from the Insured that the person is in good health and there are no claims reported/occurred during original Policy period.

3. Request should be received by the Company at least 7 days prior to expiry of the earlier Policy period in order to ensure that there is no break in insurance between the original Policy period and requested extension period.

4. Grace period of 7 days with exclusions for the break period will be acceptable and allowed. However all such proposals need to be referred to and approved by the Company as per the Underwriting Policy.

Overseas Travel Insurance (Sections 16 to 38)

Mandatory (Sections 16 to 23)

Section 16. Emergency Inpatient Hospitalization ( Illness + Accident )

This policy is not a general health insurance policy. Coverage under the medical expense section of this insurance is intended for use by the Insured person in the event of a sudden and unexpected sickness or accident arising when the insured person is outside the Republic of India.

The Company will indemnify the Insured Person (s) up to the Sum Insured specified in the Policy Schedule for reasonable and customary medical expenses incurred by the Insured Person (s) towards hospitalization on account of illness or accidental injury occurring during the trip. The medical expenses shall include and be limited to the following services:

Section 17. Hospital Cash (for a maximum of 7 days;2 days deductible)

If the Insurer admits a claim under the Section 14- Emergency Inpatient Hospitalization (Illness + Accident), the Insurer will pay the fixed Sum stated in the Schedule/certificate of insurance for each continuous and completed period of 24 hours of Hospitalisation that requires the Insured Person to be Hospitalised Overseas. This benefit will not be payable for the first 48 hours of hospitalisation and the maximum period for payment is 7 days.

Section 18. Life Threatening Condition Due To PED

It is hereby declared and agreed that notwithstanding anything to the contrary contained in the Policy, the scope of cover under the Policy is extended to cover Medical Expenses incurred by the Insured for the treatment rendered in a Life Threatening Medical Condition due to pre-existing disease while overseas during the policy period, for any sudden, unexpected, unforeseen development attributable to any Pre-Existing Condition(s), subject to the following:

The treatment for these emergency measures would be paid till the Insured becomes Medically Stable or is relieved from acute pain. All further medical cost to maintain Medically Stable state or to prevent the onset of acute pain would have to be borne by the Insured.

The Liability of the Company under this extension will be equal to the actual Medical Expenses incurred by the Insured for such treatment or the Sum Insured as specified against this extension in the Policy Schedule, whichever is lesser.

Section 19. Accidental Death/ PA

The company will pay as compensation to the legal heirs / nominee the amount stated as sum insured in the policy schedule/ Certificate of Insurance if the Insured Person suffers Accidental Bodily Injury while Overseas, during the Policy Period and this is the sole and direct cause of his Death within the period of 365 days, then.

In the event of Accidental death of a minor below 18 years of age, the maximum liability of the Insurer will be limited to 50% of the sum insured under this Section.

a) any loss resulting directly or indirectly from any external Congenital Anomalies;

b) Accidental Bodily Injury due to mental or psychiatric disorders, disturbances of consciousness, strokes, fits affecting the entire body, and pathological disturbances caused by mental reactions;

c) Any loss caused directly or indirectly, wholly or partly by medical or surgical treatment except as may be necessary solely as a result of Injury.

d) Intentional self injury (including but not limited to the use or misuse of any intoxicating drugs or alcohol)

e) Accident while under the influence of alcohol or drugs.

f) Participation in an actual or attempted felony, riot, crime, misdemeanor or civil commotion.

g) Any Accident of which a contributing cause was the Insured’s actual or attempted commission of, or wilful participation in, an illegal act or any violation or attempted violation of the law or the Insured’s resistance to arrest.

h) Whilst engaging in aviation or ballooning or whilst mounting into, dismounting from or travelling in any balloon or aircraft other than as passenger (fare paying or otherwise) in any duly licensed standard type of aircraft.

i) Participating in motor racing or trial run as a driver, co-driver or passenger.

j) Pregnancy and childbirth, miscarriage, abortion or complications arising out of any of these.

k) War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, commotion unrest, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalization or requisition of or damage or under the order of any government or public authority.

l) Nuclear energy, radiation.

m) Any existing disablement prior to the inception of the Policy.

n) Losses arising from Accidents on motorized vehicles unless at the time of the Accident the driver is duly qualified in possession of a current full international driving license and the driver is wearing a safety crash helmet in case of two wheeled motorized vehicle.

Section 20. Permanent Total  Disability (PTD)

The Company agrees to pay to the Insured the Compensation stated in the specific Table of Benefits below, if during the Trip an Insured sustains Bodily Injury which directly and independently of all other causes results in disablement within 365 days from the Date of accident.

Specific Condition

1) The insurance shall terminate for an Insured under this Section upon payment of a benefit equal to the Total Sum Insured.

2) The total amount payable in respect of more than one disablement due to the same Accident is arrived at by adding together the various percentages shown in the Table of Benefits, but shall not exceed the Total Sum Insured.

3) If an Insured dies as the result of the Bodily Injury any amount claimed and paid to an Insured under the Permanent Disablement Section will be deducted from any payment under the Accidental Death and/or Permanent Partial Disablement Section.

The company shall pay the benefit equal to 100% of Sum Insured, specified in the policy schedule, if an insured Person suffers Permanent Total Disablement of the nature specified below, solely and directly due to an Accident which occurs during the Policy Period, provided that the Permanent Total Disablement occurs within 12 months from the date of the Accident:

a) Total and irrecoverable loss of both eyes or

b) Physical separation or loss of use of both hands or feet or

c) Physical separation or loss of one hand and one foot or

d) loss of sight of one eye and Physical separation or loss of use of hand or foot

e) If such Injury shall as a direct consequence thereof, permanently, and totally, disables the Insured Person from engaging in any employment or occupation of any description whatsoever.

Section 21. Permanent Partial Disability (PPD)

The Company agrees to pay to the Insured the Compensation stated in the specific Table of Benefits below, if during the Trip an Insured sustains Bodily Injury which directly and independently of all other causes results in Permanent Partial Disablement within 365 days from the date of accident.

3) If an Insured dies as the result of the Bodily Injury any amount claimed and paid to an Insured under the Permanent Partial Disablement Section will be deducted from any payment under the Accidental Death and/or Permanent Total Disablement Section.

Table of benefits Applicable under Death, Permanent Total disablement & Permanent Partial disablement:- Type of Disablement

Compensation in % of Total Sum Insured available under specific benefit

Section 22. Repatriation Of Mortal Remains

If the Insured Person dies outside the Republic of India due to Accidental Bodily Injury during overseas travel, the expenses for preparing the air transportation of the remains for repatriation to the Republic of India or up to an equivalent amount for a local burial or cremation in the country where the death occurred. All expenses must be approved by ‘Assistance Service Provider’ before the remains are prepared for transportation to the Republic of India or for local burial or cremation.

Section 23. Ambulance Charges (per trip)

The Company will indemnify the Insured up to the Sum Insured specified in the Policy Schedule for Ambulance charges incurred by the Insured Person (s) towards transportation to the nearest Hospital on account of illness or accidental injury, subject to valid claim admissible under Section 14: Hospitalization.

Optional Covers:

The following are the list of Optional benefits available to Insured Persons in accordance with the terms & conditions set out in the Policy, if the listed cover is opted by the insured.

Section 24:Automatic trip extension

The period of insurance is automatically extended upto a period of 7 days when there is a delay in Common Carrier, due to a Covered Occurrence and when no alternative travel arrangement isavailable.

Covered occurrence shall mean the following:

i. Pamdemic & epidemic as declared by WHO

ii. Earthquake.

iii. Lighting, Storm, Tempest, Typhoon, Hurricane, Inundation, Subsidence

iv. Landslide and rockslide

v. Avalanche

vi. Floods resulting from unseasonal rains, storm or cyclone.

vii. Terrorism.

viii. Tsunami

ix. Volcano Eruption.

x. Cancellation or rescheduling of flights done at the instance of the Common Carrier that causes delay.

Specific terms & conditions applicable to this benefit:

1) Automatic extension of the Period of insurance is granted upto a period of 7 days, from the Policy Expiry Date,

2) if the extension is due to delay of a Common Carrier, due to a Covered Occurrence and when no alternative travel arrangement is available.

3) the perils mentioned above shall take place at and around the location of the trip.

Section 25: Bounced Airline Booking

We shall indemnify the Insured Person for the actual additional expenses / cost incurred by the Insured Person for alternative flight arrangements in the event of the confirmed flight booking for any part of the Trip within the Period of Insurance not getting confirmed at the sole instance of the Common Carrier, provided that:

(i) Our liability shall be in relation to the travel covered by such confirmed booking and shall be in relation to the same class of travel as the case may be covered by the original confirmed bookings.

(ii) It is a Condition Precedent to Our admission of liability under this Optional Benefit that the Insured Person shall take all steps to fix the primary responsibility for the bouncing of bookings with the Common Carrier and try to recover from them the consequential loss incurred by the Insured Person by way of additional expenses for alternative travel arrangement. Details of the steps taken by the Insured Person shall be furnished to Us.

(iii) Any recovery towards additional expenses incurred for alternative travel effected from the Common Carrier, if any, shall be remitted to the company to the extent of the amount of claim admitted and paid by Us to the Insured Person.

Exclusions applicable Bounce Booking:

Any Claim in respect of any Insured Person for, arising out of or directly or indirectly due to any of the following shall not be admissible under this cover unless expressly stated to the contrary elsewhere in the Policy terms and conditions:

(i) If the Insured shall fail to adhere to the rules of the Common Carrier in connection with reconfirmation of the booking before the date of travel as the case may be;

(ii) In connection with any waitlisted travel booking irrespective of whether such bookings have been promised to be confirmed later;

(iv) Where the alternative arrangements for either the travel is provided by the Common Carrier within 6 hours from the time of departure of the travel covered by the bounced booking.

Section 26: Bounced Hotel Booking

We shall indemnify the Insured Person for the actual additional expenses incurred by the Insured Person for alternative accommodation in the event of the confirmed accommodation booking at the place of stay in any part of the Trip not getting confirmed solely at the instance of the accommodation provider, provided that:

(i) Our liability shall be in relation to accommodation in the same place of stay and same category of accommodation (lower of original booking amount or limit as specified in Certificate of Insurance / Policy Schedule) as the case may be covered by the original confirmed bookings.

(ii) It is a Condition Precedent to Our admission of liability under this Optional Benefit that the Insured Person shall take all steps to fix the primary responsibility for the bouncing of bookings both with the accommodation provider and try to recover from them the consequential loss incurred by the Insured Person by way of additional expenses for alternative accommodation arrangement. Details of the steps taken by the Insured Person shall be furnished to Us.

(iii) Any recovery towards additional expenses incurred for alternative accommodation arrangement effected from accommodation provider, if any, shall be remitted to the company to the extent of the amount of claim admitted and paid by the company to the Insured Person.

(i) If the Insured shall fail to adhere to the rules of the accommodation provider in connection with reconfirmation of the booking before the date of travel or date of accommodation as the case may be;

(ii) In connection with any accommodation booking irrespective of whether such bookings have been promised to be confirmed later;

(iii) If the confirmed accommodation is a personal arrangement or is free of charge;

(iv) Where the alternative arrangements for accommodation is provided by the accommodation provider within 6 hours from the time of commencement of stay covered by the earlier confirmed accommodation booking.

Section 27: Compassionate Visit (2 ways)

We will reimburse the cost of the economy class flight ticket incurred by the immediate family member of the Insured Person to travel to the place of Hospitalization of the Insured Person during the Coverage Period upto the limit specified in the Certificate of Insurance/Policy Schedule.

a. We have accepted a claim under the Section 14

d. We shall not accept more than one claim under this Cover Benefit in respect of the Insured Person following from the same Accident.

e. when the insured person is hospitalized on account of an illness/accident for a period exceeding 5 days and as opined and recommended by the attending Medical Practitioner requires special assistance from an immediate family member.

f. This benefit shall be payable only once during the policy period.

Section 28: Continuation of treatment at country of residence

If We have accepted a claim under Section-14 Hospitalisation due to Illness/Accident and the Insured has been evacuated to India in an Emergency for further medical treatment, then We will also indemnify the Reasonable and Customary Charges incurred as Medical Expenses on the continuation of the Insured’s Medically Necessary Treatment in India provided that We shall not be liable to indemnify any Medical Expenses incurred after the completion of 90 days from the Accident or first manifestation of the sickness or disease in respect of which the Insured is receiving Medically Necessary Treatment.

This cover is applicable subject to balance sum insured being available under HospitalisationSection-14.The sub limits specified under Section14 would also be applied for the medical treatment in India. In case of “Continuation of Medical Treatment In India , the rate of exchange as published by the Reserve Bank of India (RBI) as on the date of Hospitalisation in India , shall be used for conversion of foreign currency amounts into Indian rupees for payment of any claim under this Benefit.

Section 29: Delay of check-in baggage (after 12 hrs)

If the arrival of the Insured Person’s checked-in accompanying baggage for a journey Overseas is delayed by the carrier to whom it was entrusted for more than 12 hours from the scheduled arrival time, then the Insurer will pay the amount towards the costs of the Insured Person’s purchase of replacement of essential items comprising Toiletries, Medication and Clothing, but any amount paid or payable shall be set against any amount payable under Total Loss of Checked Baggage (Section-35). .

Terms and conditions:

a) The Insurer’s Liability under this cover will be limited to the travel destinations specified in the main travel ticket from India.

b) The Insurer’s payment to the Insured Person will be reduced by any sum for which the airline is liable to make payment.

c) The insurer is not liable to make the payment for the delayed arrival of baggage, if it occurs in the place of residence of the insured.

Section 30: Emergency Assistance Services

This policy has been supported by “emergency assistance provider” who may be contacted by the insured person in case he/she falls ill or involved in an accident. It will help you as you’re not familiar with the area, and you don’t speak the language.

The details of contact number of the emergency assistance provider shall be given in the policy document and the website of the company. An assistance provider will have worldwide, multilingual representatives available 24 hours a day, 7 days a week, 365 days a year to assist you with a variety of situations you may encounter when you’re travelling.

The below services would be provided by the company through its Service provider, with prior intimation and acceptance by the Company and can be availed anytime during the Policy period and there are no restrictions on the number of times the facility can be utilized.

i. Medical Consultation, Evaluation and Referral – In case of any emergency situation, the Service Provider will evaluate, troubleshoot and make immediate recommendations including referrals to qualified doctors and/or hospitals. The Company will only arrange for the medical consultant, the consultant fee will be borne by the Policyholder as OPD expenses are not covered under the policy.

ii. Medical Monitoring and Case Management- A team of doctors, nurses, and other medically trained personnel would be in regular communication with the attending physician and hospital, monitors appropriate levels of care and relay necessary and legally permissible information to the members of the Family / Employer.

iii. Emergency Medical Evacuation or Repatriation- If the Insured / Insured Person/s becomes ill or injured in an area where appropriate care is not available, the Company via Service Provider will intervene and use available transportation equipment by means of air, road or rail transportation and personnel necessary to evacuate the Individual safely to the nearest facility for medical care or repatriate to the home town.

iv. Assistance in Repatriation of Mortal Remains- The Company via Service Provider will assist in making all necessary arrangement for the return of mortal remains of the Insured person to the home town in case of a death during the Insured journey.

v. Telephone Medical Assistance: The Company will provide access to 24X7 alarm centre where the Insured Person can get basic medical assistance in case of medical emergency.

vi. Delayed / Lost / Damaged Baggage Assistance: The Company via Service Provider will assist the Insured Person for delayed/ lost/ damaged baggage while traveling by contacting the local authorities and agencies involved and providing directions for recovery. The assistance will be provided for coordinating with common carriers to locate and recover the lost or stolen baggage, using available tracking systems and establishing, on the eligible person’s behalf and as appropriate liaison with transportation carriers, airports, ports, hotels, and others.

vii. Lost / Expired Travel Documents / Tickets: To assist the Insured Person by arranging for emergency tickets, replacements of tickets and arrangement of hotel accommodation when traveling outside the home town or usual Town of residence.

viii. Trip Rescheduling: To assist the Insured Person in rescheduling the trip by cancelling and making travel and accommodation reservations as per the new schedule.

ix. Compassionate Visit: When an Insured Peron/s is/are hospitalized, the Company via Service Provider will assist by making travel reservation for a family member to travel to visit the Insured Person/s.

x. Assistance with Emergency Family Member Accommodation: The Company will assist the Insured Person’s family member by making accommodation booking to / in the place where the Insured Person is hospitalized.

xi. The shall also assist in Transfer of funds, if your cash is lost or stolen and Legal and bail referrals.

xii. Assistance in contacting the appropriate authorities to replace lost or stolen passport and travel documents.

xiii. Assistance with locating lost or delayed baggage.

xiv. Emergency travel arrangements home.

Section 31: Emergency Medical Evacuation:

Subject to an admissible claim under Hospitalisation due to Accident, the Company shall pay up to the limits mentioned in the Policy Schedule towards the cost of emergency medical evacuation if the treatment facility is not available in the nearest hospital. Recommendation by the treating doctor for evacuating the insured to another hospital with required equipment from where the insured is primarily admitted is required to be submitted for an admissible claim under this Section.We will be liable to indemnify only those Reasonable and Customary Charges incurred on transportation of the Insuredand medical services and medical supplies that are required to be rendered to the Insured during the transportation.Our Service Provider authorizes in writing in advance and arranges the conveyance for transporting the Insured.

Section 32: Flight Delay (beyond 3 hours)

We will pay the Insured person up to the amounts specified in the policy schedule/certificate of insurance in respect of reasonable additional accommodation and travelling and any other reasonable expenses incurred as a result of the Insured’s flight being delayed by more than three hours from the scheduled time until travel becomes possible, due to a strike, industrial action, mechanical breakdown and inclement weather. Incurred expenses must be accompanied by supporting receipts.

1. Additional transportation costs to join the trip (by economy class).

2. Reasonable accommodations and meals up to $ 100 per day.

In addition to the general exclusions, this section shall not cover any delay due to an insured covered hazard which was made public orknown to the Insured Person/s prior to the purchase of this policy or prior to departure of flight or prior to booking of flight ticket.

Section 33: Total Loss of Checked-in Baggage

If the Insured Person’s checked-in accompanying baggage is permanently lost by the carrier (land, sea or air) to whom it was entrusted, then the Insurer will pay a fixed amount as specified in the policy schedule/certificate of insurance. The compensation shall be relating to the loss of baggage as a whole, and shall be on actuals on declaration of such loss by the Insured, provided that the overall liability under this Benefit shall be limited to the sum specified in the Policy Schedule/certificate of insurance. Should the lost Checked-in Baggage be traced and delivered to the Insured, the Insured shall return to the Company the entire amount paid hereunder.

3. The baggage should be totally lost .No partial loss or damage shall become payable. However, total loss or damage of an individual unit (s) of baggage shall not be construed as falling within this exclusion.

a. any electronic, electrical, visual or audio visual equipment, item or aid;

h) any loss due to complete/partial damage for the Checked-in-Baggage

i) any partial loss of the items in the Checked-in-Baggage;

j) Damage to the baggage

k) any item in the Checked-in-Baggage, which is valued above $ 100 without appropriate proof of ownership;

l) any loss arising from any delay, detention or confiscation by customs officials, police or other public authorities;

m) any kind of precious metals or articles made from any precious metals, cash, currency (Indian or foreign), precious stones or models or coins or curios, sculptures, manuscripts, stamps, collections of stamps, rare books, medals, moulds, designs or any other collectibles, deeds, ATM cards, credit cards, charge cards, bonds, bills of exchange, bank notes, treasury or promissory notes, cheques, money, securities, or any other negotiable instrument.Eyeglasses, sunglasses, contact lenses, hearing aids, artificial teeth and limbs; Tickets, keys, money, securities, bullion, stamps, documents (travel or otherwise),Jewellery, watches, gems, furs, cameras and camera equipment, camcorders, sporting equipment, computers (other than lap tops), radios and any electronic item. Such items should at all times be carried by the Insured Person and not packed as part of checked in baggage

Section 34: Loss of passport

If the Insured Person loses his passport overseas during the policy period, the company will indemnify the costnecessarily and reasonably incurred by theInsured Person in connection with obtaining emergency travel documents or duplicate/fresh passport either overseas or within 30 days upon return to India.

a) any claim not reported within 24 hours of the incident giving rise to the claim;

b) any loss not reported to the police having jurisdiction at the place of loss within 24 hours of the incident and a written report is obtained from the police.

c) any loss arising from any delay, detention or confiscation by customs officials, police or other public authorities.

c) Loss or theft of passport left unattended by you unless located in a locked hotel room or apartment.

Section 35: Missed departure/connecting flight

The company will reimburse the cost of the booking up to the limit specified in the Certificate of Insurance/policy schedule on the Common Carrier due to the Insured Person’s failure to reach the original departure point of the booked journey caused by the delayed arrival of a public transport or any other Common Carrier that the Insured Person was travelling in as a passenger, or due to any Accident during the Coverage Period.

1) Public transport services fail or

2) The vehicle in which you are travelling is involved in an accident, on the way to catch the return flight/train journey.

The missed departure has to be certified by the concerned Schedule airlines. Any benefit payable for ticket loss will be in excess of any amount paid or payable by The Common Carrier, if any. For a claim to be admissible under this section it is a condition precedent to liability that the claim is admissible under Flight Delay (Section-33)

Missed Connecting Flight:

If the Insured Person misses a travel connection overseas arising out of and consequent upon the delayed arrival of his inward flight caused by reasons beyond the control of the Insured, which causes him to miss a connecting flight, any time during the Trip within the Period of Insurance, We will pay the cost of direct route economy class airfare actually incurred by the Insured Person to continue the journey to the scheduled Place of Destination, provided that, no claim shall be payable hereunder in case such delay is foreseen by the Insured or that the Insured could have reasonably become aware of such delay in advanceby the way of sources such as travel advisories issued by competent / Government authority(s) etc.

Terms and Conditions

(i) Our liability to make payment under this Optional Benefit shall be in excess of the total amount refunded or returned to the Insured Person by the flight service provider.

(ii) A Claim has already been made under Trip Delay (Section-33).

(iii) In the event of the forfeited amount by the Common Carrier for the Missed Flight being refunded / returned to the Insured, subsequent to any payment under this benefit, the insured shall return the amount so refunded in full.

Exclusions applicable to Optional Benefit – Missed Connection

The Insurer shall not be liable for any claim in respect of any Insured Person directly or indirectly for, caused by, arising from or in any way attributable to:

a) If the time gap between the scheduled arrival of the previous flight and the scheduled departure of the next flight (Missed Flight) shall be less than 3 hours.

b) A strike or industrial action of which the Insured Person should reasonably have been aware before the Risk Period.

c) The Insured Person’s failure to arrive for the Flight’s departure in sufficient time to complete all departure formalities in accordance with the Carrier’s published time schedule.

d) Any deviation from the originally scheduled route done at the instance of the Insured for reasons whatsoever.

e) Any occasion when the carrier has offered a reasonable alternative transport or connection or the Insured Person’s ticket for the connecting flight could have been used for an alternative connection.

f) Any advance intimation given to the Insured Person of a possible delay of the Common Carrier that might lead to missing of the connecting flight;

g) Any circumstances other than those directly attributable to the delay of the earlier Common Carrier.

c) Documents to be submitted in support of the Claim:

It is a Condition Precedent to Our liability under this Optional Benefit that the following necessary information and documentation shall be submitted to Us or the emergency service provider immediately and in any event within 30 days of the event giving rise to the Claim under this Optional Benefit:

(i) Confirmation from the Common Carrier of the delay as to the expected time of arrival and the actual time of arrival at Place of Destination;

(ii) Copy of unused ticket for the missed flight;

(iii) Certificate from the Common Carrier of the missed flight that the fare for the part of the journey covered by the missed flight is forfeited in full or in part together with the amount of forfeiture;

(iv) Original used ticket obtained afresh towards the alternative flight for the part of the journey covered by the missed flight indicating the amount paid as fare.

Section 36: Personal Liability

We will indemnify the Insured against any legal liability incurred by the Insured in the Insured’s private capacity to pay damages for third party civil claims for Accidental Injury or Accidental Property Damage occurring during the covered trip, subject to the following terms and conditions:

a) No Deductible shall be applicable in respect of the legal liability incurred by the Insured in the Insured’s private capacity to pay damages for third party Accidental Injury.

b) Our liability to indemnify the Insured under this Section shall be to the extent finally determined by a foreign court of law or otherwise as consented to in advance by Us.

c) In the event that legal action is taken against the Insured within India, it is a condition precedent to Our liability here under that the Insured shall:

d) Give immediate written notice to Us to the address specified in the Schedule, and

e) Not incur any defence costs or expenses, admit liability for or settle or attempt to settle, make any admission or offer any payment or otherwise assume any contractual obligation with respect to any claim or claimant without Our prior written consent. We shall be entitled (but in no case obligated) at any time to take over and conduct in the Insured’s name the defence and/or settlement of any action or claim and shall be entitled at all times to receive the Insured’s cooperation and assistance and to appoint lawyers on the Insured’s behalf. Any and all costs and expenses incurred by Us or the lawyers appointed by Us shall be a first charge on the Sum Insured here under.

f) We shall not settle any claim without the Insured’s express consent, but if the Insured refuses an available settlement recommended by Us then Our liability shall thereafter be restricted to the amount by which the claim could have been settled.

Exclusions Applicable: We shall not be liable to make any payment under this Section in connection with or in respect of:

a) The Insured’s liability to any employee (whether under a contract of or for services);

b) Liability arising out of the rental or holding for rental of any part of any premises by the Insured,

c) Liability arising out of the rendering of or failure to render professional services,

d) Liability arising out of a premises, water craft or aircraft that is owned by, rented to or rented by the Insured,

e) Liability arising out of the ownership, maintenance, use, loading or unloading of motor vehicles, all other motorized land conveyances, water craft or aircraft,

f) Liability arising out of sexual molestation, corporal punishment, or physical or mental abuse,

g) Liability arising out of the use, sale, manufacture, delivery, transfer or possession by any person of a controlled substance or contraband as defined by the appropriate authority or the Federal Food and Drug Agency or equivalent or similar organization,

h) Liability under any contract or agreement,

i) Property Damage to property owned by the Insured,

j) Property Damage to property rented to, occupied or used by or in the care of the Insured,

k) Injury to any person eligible to receive any benefits voluntarily provided or required to be provided by the Insured under any worker’s compensation law, non-occupational disability law or occupational diseases law, or any other similar law,

l) No claims shall be paid arising from liability to any uninsured members of the Insured Person’s family, travelling companion, friend or colleague say parents, children, spouse, brothers, sisters, uncles, aunts, grandparents or parents-in-law, or any Travelling Companion or a Travelling Companion’s parents, children, spouse, brothers, sisters,uncles, aunts, grandparents or parents-in-law.

m) No claims will be paid that is less than the deductible stated in the Schedule. The deductible shall apply to each insured event and shall be borne by the Insured Person. However, the deductible shall only apply to claims in respect of Third Party Property Damage.

n) No claims shall be paid for any liability arising directly or indirectly from or due to:

a. animals belonging to the Insured Person or in their care, custody or control :

b. any willful, malicious or unlawful act;

c. pursuit of a trade, business or profession, employment or occupation:

d. ownership, possession or use of vehicles, aircraft, watercraft, parachuting, hand gliding, hot air ballooning or use of firearms;

e. legal costs of any proceedings that result from any criminal or illegal act;

f. insanity, the use of any alcohol, drugs, (except as medically prescribed) or drug addiction;

g. Any form of ownership or occupation of land or building (other than occupation only of any temporary residence.)

Section 37: Sponsor Protection

In the event of injury to the Insured Person’s Sponsor as stated in the Enrolment Form resulting in Death or Permanent Disablement as defined in the Policy, the Company shall reimburse the insured person the Tuition Fee incurred for the remaining period of this education upto the maximum limit stated in the policy schedule.The term sponsor as used in the Policy shall mean any individual responsible for paying the Tuition fees of the student of his full-time study in a registered educational institution outside of his home country. The term Educational Institution shall mean any registered and accredited educational institution which is duly licensed to provide educational services by trained or qualified teacher and where the Insured Person is registered as a full-time student.

Terms & Conditions:

(i) Our cumulative liability under this Optional Benefit shall be limited to the actual unpaid fees for the remaining period of the course or the Period of Insurance, whichever is earlier.

(ii) We shall be liable to pay for such fees only after the demand for such fees is raised by the educational institute.

(iii) We shall pay the outstanding fees semester wise or as per the periodicity based on which demand for such fees is raised by the educational institute.

(iv) We shall be liable to pay such fees under this Optional Benefit only if the Insured Person continues to be enrolled and attend that course at the educational institute as per the rules of such institute.

(v) If the Insured Person discontinues his studies for any reason, We shall have the right to recover such fees paid by it from the Insured Person.

Section 38: TRIP CANCELLATION

The Company shall indemnify the insured up to the amount specified in the policy schedule if the insured shall sustain pecuniary loss in respect of any irrecoverable deposits and payments for unused travel and accommodation for which the Insured contracted prior to the commencement of the Insured trip as a result of the Insured’s necessary and unavoidable inability (and not merely disinclination) to commence travel as arranged arising from –

a. Accidental bodily injuries or death of insured or a family member of the insured. Family member means the insured person, spouse, children, parents, siblings and parents in law.

b. Compulsory quarantine, jury or other legal service, witness call or redundancy of the insured.

c. Police authorities of the Country of Residence requesting the Insured’s presence at his/her home following actual burglary.

Subject to Insured notify the insurer about the cancellation or interruption within 24 hours unless the condition prevents it, then as soon as reasonably possible, failing which the right to compensation will lapse.

In addition to the general exclusions, the following exclusions also would apply to this Section. The Insurance Company shall not cover the loss arising directly or indirectly.

a. From failure to notify the Travel Agent, or Tour Operator through whom the trip was booked within a reasonable time of the need to cancel or curtail the travel arrangements.

b. From the financial circumstances of the insured.

c. The insured (i). making changes to personal plans. (ii). Having a business or contractual obligation. (iii). Being unable to obtain necessary travel documents. (iv). Being detained or having property confiscated by any Customs.

d. As a result of any unlawful act of an Insured or criminal proceedings involving any of the aforementioned other than the attendance under subpoena as a witness (other than in an expert, occupational, professional or other similar capacity) in a Court of Law.

e. From failure in provision of any service (including error, omission or default) forming part of the booked trip, or from delay or amendment of the booked itinerary.

f. From prohibitive regulations by the Government of any Country except from any such regulation which the insured was unaware existed (and could not reasonably be expected to be aware of) at the time of booking the Insured trip.

g. On account of a Criminal Assault, where the insured, any family member of the insured, has been a Principal or accessory in the Assault committed.

5. COMMON EXCLUSIONS APPLICABLE TO ALL SECTIONS (Including Optional Benefits)

This policy does not cover:

1. Where the Insured Person:

a. is travelling against the advice of a Physician: or

b. is receiving or on a waiting list for specified medical treatment declared in the Physician’s report or certificate; or

c. is travelling for the purpose of obtaining treatment; or

d. Has received a terminal prognosis for a medical condition.

e. If the insured is aware of any circumstances that could reasonably be expected to give rise to a claim.

f. Direct participation in riot or civil commotion.

2. Liability arising out of suicide, attempted suicide or wilful self inflicted injury or illness, mental disorder, anxiety, stress or depression, venereal disease, alcoholism, drunkenness or the use/abuse of drugs.

3. Liability arising out of insured person taking part in Naval, Military or Airforce operations.

4. Liability arising out of War, invasion, acts of foreign enemy, hostilities (Whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalisation or requisition of or destruction of or damage to property by or under the order of any government or local authority.

5. Liability arising out of the loss or destruction or damage to any property whatsoever or any loss or expenses whatsoever resulting or arising there from or any consequential loss directly or indirectly caused by or contributed to by or arising from

a. ionising radiation or contamination by radioactivity from any nuclear waste from the combustion of nuclear fuel; or

b. radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.

6. Liability arising out of from the Insured person engaging in Air Travel unless he or she flies as a passenger on an aircraft properly licensed to carry passengers. For the purpose of this exclusion, Air Travel means being in or on, or boarding an aircraft for the purpose of flying therein or alighting there from following a flight.

7. Any claim relating to events occurring before the commencement of the Period of Insurance or after the completion of the Period of Insurance, except sections relating to Trip Delay and Missed Departure.

8. Claims increased by the Insured Person’s own act or omission.

9. Liability arising out of due to participation of the Insured person in winter sports, mountaineering (where ropes or guides are customarily used), riding or driving in races or rallies, caving or potholing, hunting or equestrian, skew diving or other underwater activity, rafting or canoeing involving white water rapids, yachting or boating outside coastal waters (2 miles). Further no claim will be paid in case Insured Person participates in professional sports or any other hazardous sports. The claim is neither payable if it arises from participation in potentially dangerous sports for which the Insured Person is either untrained or physically unfit or using improper equipment.

10. Liability arising out of accidents on two wheeled motorised vehicles unless at the time of the accident the driver is dully qualified, is in possession of a current full International driving license and the insured person is wearing a safety crash helmet, or losses arising from accidents on two wheeled motorised vehicles over 50 cc.

11. Liability arising out of losses arising directly or indirectly from manual work or hazardous occupation, or if engaging in any criminal or illegal act. MANUAL WORK is physical work done by people most especially in contrast to that done by machines. HAZARDOUS OCCUPATION would include occupation that are risky, perilous, dangerous and uncertain and would include interalia occupations related to Aviation, Mountain climbing, surfing, race car driving, scuba diving, parachuting and such similar activities.

12. Any loss covered directly or indirectly from any injury, illness, death expenses or other liability attributable HIV (Human Immunodeficiency virus) and/or any HIV related illness including AIDS (Acquired Immune Deficiency Syndrome) or AIDS related Complex however caused and/or mutant derivatives, variations or treatment thereof however caused.

13. Pre-existing whether physical or mental defect or infirmity

14. Deliberate exposure to exceptional danger (except in an attempt to save human life).

15. Liability arising out of the transmission of a communicable disease by insured.

16. Liability arising out of sexual molestation, corporal punishment, or physical or mental abuse.

17. Suits or legal actions arising from the insured’s family member against the insured.

18. Loss, damage or destruction arising from confiscation or detention by customs or other official authorities

19. Liability arising out of any loss or damage due to insured being under the influence of drugs, alcohol, or other intoxicants or hallucinogens unless properly prescribed by a Physician and taken as prescribed.

20. No claim will be paid in respect of expenses for treatment, which could reasonably be delayed until the Insured Person’s return to Republic of India. The question of what can or what cannot be reasonably delayed will be decided jointly by the treating physician and the Medical Advisors.

21. No claim in respect of cosmetic surgery will be paid, unless such cosmetic surgery is rendered necessary as a result of a covered accident.

22. No claims will be paid in respect of routine physical examination or any other examination where there is no objective indication of impairment of normal health.

23. The insurance will not cover pregnancy of the Insured Person including resulting childbirth, miscarriage, abortion or complication of any of these except ectopic Pregnancy which would be life threatening if left untreated.

24. Any hospital admission or routine examination for investigative/ diagnostic purpose.

25. Non-allopathic medicine.

26. Any costs incurred on spectacles, contact lenses, hearing aids, corrective and cosmetic dental surgeries.

27. In respect of your travel to any country other than declared in proposal form which is in the sanctioned list of travel issued by Government of India

28. Any treatment related to alcoholism or drug dependency.

29. Participation in an actual or attempted felony, riot, crime, misdemeanour, or civil commotion.

30. Act of Terrorism by the Insured or which is abetted by the Insured in any manner.

31. Injury or Illness directly or indirectly caused by or arising from or attributable to war, invasion, act of foreign enemy, war like operations (whether war be declared or not).

32. Injury or Illness directly or indirectly caused by or contributed to by nuclear weapons/materials.

6. GENERAL CONDITIONS (APPLICABLE TO ALL SECTIONS – BASE AND OPTIONAL COVERS UNLESS STATED OTHERWISE)

1. The premium payable under this policy shall be payable in advance. No receipt of premium shall be valid except acknowledged on the official form of the company signed by a duly authorized official of the company. The due payment of premium and the observance of fulfilment of the terms, provision, conditions and endorsements of this policy by the Insured Person/s, in so far as they relate to anything to be done or complied with by the Insured Person/s, shall be a condition precedent to any liability of the Company to make any payment under this policy. No waiver of any terms, provisions, conditions, and endorsements of this policy shall be valid unless made in writing and signed by an authorized official of the Company.

2. Duty of Disclosure: The Policy shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation, mis-description or on non-disclosure in any material particular in the proposal form or at the time of claim, personal statement, declaration and connected documents, or any material information having been withheld, or a claim being fraudulent or any fraudulent means or devices being used by the Insured Person or any one acting on his behalf to obtain any benefit under this Policy.

3. Written notice of insured events which may give rise to a claim should be given to the insurer immediately but in no case exceeding 30 days from date of occurrence. All certificates, information and evidence required by the Company shall be furnished at the expense of the Insured or his legal representatives.

If the Insured does not comply with the provisions of this Clause or other obligations cast upon the Insured under this Policy, in terms of the other clauses referred to herein or in terms of the other clauses in any of the Policy documents, all benefits under the Policy shall be forfeited.

7. CLAIM PROCEDURE

7.1 Procedure for Cashless claims:

(i) Treatment may be taken in a network provider and is subject to pre authorization by the Company or its authorized TPA or Emergency Service Provider (ESP) in case of overseas travel insurance.

(ii) Cashless request form available with the network provider and TPA shall be completed and sent to the Company/TPA/ Emergency Service Provider (ESP) in case of overseas travel insurance

(iii) The Company/ TPA/Emergency Service Provider (ESP) upon getting cashless request form and related medical information from the insured person/ network provider will issue pre-authorization letter to the hospital after verification.

(iv) At the time of discharge, the insured person has to verify and sign the discharge papers, pay for non-medical and inadmissible expenses.

(v) The Company / TPA/ ESP reserves the right to deny pre-authorization in case the insured person is unable to provide the relevant details.

(vi)In case of denial of cashless access, the insured person may obtain the treatment as per treating doctor’s advice and submit the claim documents to the Company / TPA for reimbursement.

7.2 Procedure for reimbursement of claims :

For reimbursement of claims the insured person may submit the necessary documents to the insurer/ TPA/ ESP (as applicable) within the prescribed time limit as specified hereunder.

7.3 Notification of Claim

Notice with full particulars shall be sent to the Insurer/TPA/ESP (as applicable) within 24 hours from the date of emergency hospitalization.

7.4 Documents to be submitted:

The claim is to be supported with the following documents and submitted within the prescribed time limit.

[Note: Insurer may specify the documents required in original and waive off any of above required as per their claim procedure]

1. The company shall only accept bills/invoices/medical treatment related documents only in the Insured Person’s name for whom the claim is submitted

2. In the event of a claim lodged under the Policy and the original documents having been submitted to any other insurer, the Company shall accept the copy of the documents and claim settlement advice, duly certified by the other insurer subject to satisfaction of the Company

3. Any delay in notification or submission may be condoned on merit where delay is proved to be for reasons beyond the control of the Insured Person

4. If the Hospital does not accept the guarantee of payment/authorization letter from the Service Provider, then it is hereby agreed that we cannot be held liable for any loss arising from such circumstances. The cost will then have to be borne by the Insured and will then be reimbursed by Us, as per Policy terms and conditions upon submission of required documentsspecified under the Policy or requested by Us.

5. Reimbursement of all claims (except claims under Emergency Financial Assistance) will be made by the Service Provider in Indian Rupees on the Insured’s return back to India, at the exchange rate specified by the Reserve Bank of India, as applicable on the date the amount is billed. In case of “Continuation of Medical Treatment In India, the rate of exchange as published by the Reserve Bank of India (RBI) as on the date of Hospitalisation in India , shall be used for conversion of foreign currency amounts into Indian rupees for payment of any claim under this Benefit. Claims under Financial Emergency Assistance shall be settled/ arranged directly with the Insured, whilst abroad, by the Service Provider. The Insured shall immediately and in any event not later than 30 days after his return to India, notify the Service Provider and obtain a Claim Form for completion and return to the Service Provider along with supporting invoices and any other documentation or information that might be required or requested by the Service Provider.

6. We shall settle or repudiate a Claim within 30 days of the receipt of the last necessary information and documentation set out above. In case of suspected frauds, the last “necessary” documents will include the receipt of the investigation report from our representatives.

7. Documents which are common to interlinked claims may not be insisted again with respect to the same claims

7.5 Claim Settlement (provision for Penal Interest)

i. The Company shall settle or reject a claim, as the case may be, within 30 days from the date of receipt of last necessary document.

ii. In the case of delay in the payment of a claim, the Company shall be liable to pay interest from the date of receipt of last necessary document to the date of payment of claim at a rate 2% above the bank rate.

iii. However, where the circumstances of a claim warrant an investigation in the opinion of the Company, it shall initiate and complete such investigation at the earliest in any case not later than 30 days from the date of receipt of last necessary document. In such cases, the Company shall settle the claim within 45 days from the date of receipt of last necessary document.

iv. In case of delay beyond stipulated 45 days the company shall be liable to pay interest at a rate 2% above the bank rate from the date of receipt of last necessary document to the date of payment of claim.

7.6 Services Offered by TPA (To be stated where TPA is involved) (applicable only in case of domestic travel insurance policies with respect to Hospitalisation claims)

Servicing of claims, i.e., claim admissions and assessments, under this Policy by way of pre-authorization of cashless treatment or processing of claims other than cashless claims or both, as per the underlying terms and conditions of the policy.

The services offered by a TPA shall not include (i) claim settlement and claim rejection; and (ii) any services directly to any insured person or to any other person unless such service is in accordance with the terms and conditions of the agreement entered into with the Company.

7.7 Payment of Claim

All claims under the policy shall be payable to the policyholders in Indian currency only. It is applicable for both domestic and overseas travel insurance policies.

8. GENERAL TERMS &CONDITIONS

8.1 Disclosure of Information

The Policy shall be void and all premium paid thereon shall be forfeited to the Company in the event of misrepresentation, mis-description or non-disclosure of any material fact by the policyholder.

8.2 Condition Precedent to Admission of Liability

The terms and conditions of the policy must be fulfilled by the insured person for the Company to make any payment for claim(s) arising under the policy.

8.3 Records to be maintained

The Insured Person shall keep an accurate record containing all relevant medical records and shall allow the Company or its representatives to inspect such records. The Policyholder or Insured Person shall furnish such information as the Company may require for settlement of any claim under the Policy, within reasonable time limit and within the time limit specified in the Policy

8.4 Complete Discharge

Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital, as the case may be, for any benefit under the policy shall be a valid discharge towards payment of claim by the Company to the extent of that amount for the particular claim.

8.5 Notice & Communication

i. Any notice, direction, instruction or any other communication related to the Policy should be made in writing.

ii. Such communication shall be sent to the address of the Company or through any other electronic modes specified in the Policy Schedule.

iii. The Company shall communicate to the Insured at the address or through any other electronic mode mentioned in the schedule.

8.6 Territorial Limit

In case of domestic travel insurance, all medical treatment for the purpose of this insurance will have to be taken in India only.

8.7 Multiple Policies

1. In case of multiple policies taken by an insured during a period from the same or one or more insurers to indemnify treatment costs, the policyholder shall have the right to require a settlement of his/her claim in terms of any of his/her policies. In all such cases the insurer if chosen by the policy holder shall be obliged to settle the claim as long as the claim is within the limits of and according to the terms of the chosen policy.

2. Policyholder having multiple policies shall also have the right to prefer claims under this policy for the amounts disallowed under any other policy / policies, even if the sum insured is not exhausted. Then the Insurer(s) shall independently settle the claim subject to the terms and conditions of this policy.

3. If the amount to be claimed exceeds the sum insured under a single policy, the policyholder shall have the right to choose insurers from whom he/she wants to claim the balance amount.

4. Where an insured has policies from more than one insurer to cover the same risk on indemnity basis, the insured shall only be indemnified the hospitalization costs in accordance with the terms and conditions of the chosen policy.

If any claim made by the insured person, is in any respect fraudulent, or if any false statement, or declaration is made or used in support thereof, or if any fraudulent means or devices are used by the insured person or anyone acting on his/her behalf to obtain any benefit under this policy, all benefits under this policy shall be forfeited.

Any amount already paid against claims made under the policy which are found fraudulent later under this policy shall be repaid by all recipient(s)/policyholder(s), who has made that particular claim, who shall be jointly and severally liable for such repayment.

For the purpose of this clause, the expression “fraud” means any of the following acts committed by the Insured Person or by his agent or the hospital/doctor/any other party, with intent to deceive the insurer or to induce the insurer to issue an insurance Policy:

(a) The suggestion, as a fact of that which is not true and which the Insured Person does not believe to be true;

(b) The active concealment of a fact by the Insured Person having knowledge or belief of the fact;

(c) Any other act fitted to deceive; and

(d) Any such act or omission as the law specially declares to be fraudulent

The company shall not repudiate the policy on the ground of fraud, if the insured person / beneficiary can prove that the misstatement was true to the best of his knowledge and there was no deliberate intention to suppress the fact or that such mis-statement of or suppression of material fact are within the knowledge of the insurer.

8.9 Cancellation of policy by the insurer & Insured

The Company may cancel the Policy at any time on grounds of mis-represenation, non-disclosure of material facts, fraud by the Insured Person, by giving 7 days’ written notice. There would be no refund of premium on cancellation on grounds of mis-represenation, non-disclosure of material facts or fraud.

Cancellation of the Policy by the insured:

a) You at any time before the commencement of the proposed Trip may cancel this Policy by giving notice in writing to Uses long as you are able to establish to our satisfaction that the proposed Period of Insurance has not commenced. In the event of such cancellation of policy, 100% of premium will be refunded to the insured, provided there are no claims incurred on the Policy under any section.

b) In event of cancellation of the Policy after the proposed date of commencement of Trip within 7 days or the expiry date mentioned in the Policy whichever is earlier You shall be entitled to a refund of the premium subject to Our retention of minimum of Rs 150, provided that travel has not commenced. We will verify the passport and ensure that no Trip was undertaken before any refund of premium. The request for cancellation of policy within above stipulated time should be send to the insurer.

Cancellation/termination by Insurer :

Cancellation will not be invoked by us except on ground of fraud, moral hazard or misrepresentation. We will cancel the Policy by giving 15 days notice in writing by Registered Post Acknowledgment Due post to you at your last known address in which case we shall be liable to repay on pro-rata basis for the unexpired term from the date of the cancellation.

Refund of Premium on Early Return – In case of any early return of the Insured prior to expiry of the Policy Period, the company will refund premium at the following rates subject to no claims being incurred on the Policy.

Period of Risk Rate of Premium Retained by Us

  • (Insurers to specify the refund norms subject to pricing)

8.10 Automatic change in Coverage under the policy

The coverage for the Insured Person(s) shall automatically terminate in the case of demise of the insured person. However, the cover shall continue for the remaining Insured Persons till the end of Policy Period. All relevant particulars in respect of such person (including his/her relationship with the insured person) must be submitted to the company along with the application. Provided no claim has been made, and termination takes place on account of death of the insured person, pro-rata refund of premium of the deceased insured person for the balance period of the policy will be effective.

8.11 Territorial Jurisdiction

All disputes or differences under or in relation to the interpretation of the terms, conditions, validity, construct, limitations and/or exclusions contained in the Policy shall be determined by the Indian court and according to Indian law.

8.12 Arbitration

i. If any dispute or difference shall arise as to the quantum to be paid by the Policy, (liability being otherwise admitted) such difference shall independently of all other questions, be referred to the decision of a sole arbitrator to be appointed in writing by the parties here to or if they cannot agree upon a single arbitrator within thirty days of any party invoking arbitration, the same shall be referred to a panel of three arbitrators, comprising two arbitrators, one to be appointed by each of the parties to the dispute/difference and the third arbitrator to be appointed by such two arbitrators and arbitration shall be conducted under and in accordance with the provisions of the Arbitration and Conciliation Act 1996, as amended by Arbitration and Conciliation (Amendment) Act, 2015 (No. 3 of 2016).

ii. It is clearly agreed and understood that no difference or dispute shall be preferable to arbitration as herein before provided, if the Company has disputed or not accepted liability under or in respect of the policy.

iii. It is hereby expressly stipulated and declared that it shall be a condition precedent to any right of action or suit upon the policy that award by such arbitrator/arbitrators of the amount of expenses shall be first obtained.

8.13 Endorsements (Changes in Policy)

i. This policy constitutes the complete contract of insurance. This Policy cannot be modified by anyone (including an insurance agent or broker) except the company. Any change made by the company shall be evidenced by a written endorsement signed and stamped.

ii. The policyholder may be changed during the Policy Period only in case of his/her demise or him/her moving out of India. The new policyholder must be the legal heir/immediate family member. Such change would be subject to acceptance by the company and payment of premium (if any).

8.14 Terms and conditions of the Policy

The terms and conditions contained herein and in the Policy Schedule shall be deemed to form part of the Policy and shall be read together as one document.

8.15 Nomination

The policyholder is required at the inception of the policy to make a nomination for the purpose of payment of claims under the policy in the event of death of the policyholder. Any change of nomination shall be communicated to the company in writing and such change shall be effective only when an endorsement on the policy is made. In the event of death of the policyholder, the Company will pay the nominee {as named in the Policy Schedule/Policy Certificate/Endorsement (if any)} and in case there is no subsisting nominee, to the legal heirs or legal representatives of the Policyholder whose discharge shall be treated as full and final discharge of its liability under the Policy.

9. REDRESSAL OF GRIEVANCE

In case of any grievance the insured person may contact the company through

Insured person may also approach the grievance cell at any of the company’s branches with the details of grievance.

If Insured person is not satisfied with the redressal of grievance through one of the above methods, insured person may contact the grievance officer at ………….

For updated details of grievance officer, kindly refer the link……….

(Link having details of grievance officer on website to be provided)

Grievance may also be lodged at IRDAI Integrated Grievance Management System – https://igms.irda.gov.in/

Insurance Ombudsman – If Insured person is not satisfied with the redressalof grievance through above methods, the insured person may also approach the office of Insurance Ombudsman of the respective area/region for redressal of grievance. The contact details of the Insurance Ombudsman offices have been provided as Annexure-B.[1][Insurers to take note of the change in domain of the email ids mentioned at Annexure – B, the domain may be changed from gbic.co.in to ecoi.co.in. Insurers are further advised to note the revised details of insurance ombudsman as and when amended as available in the website http://ecoi.co.in/ombudsman.html and ensure that updated details are prospectively incorporated in the policy documents for the information of the policyholders.]

11. TABLE OF BENEFITS (for Domestic Travel Insurance cover)

12. TABLE OF BENEFITS (for Overseas Travel Insurance Cover)

List I – Items for which coverage is not available in the policy

List II – Items that are to be subsumed into Room Charges

List III – Items that are to be subsumed into Procedure Charges

List IV – Items that are to be subsumed into costs of treatment

The contact details of the Insurance Ombudsman offices are as below-

[Note to Insurers: Insurers are advised to mention the correct address, e mail Id, phone number etc. of insurance ombudsmen while issuing policy contracts]

Form IRDAI-UNF-STIP

[All the items should be filled in properly and carefully. No item must be left blank.]

Renewal expenses where relevant (including overhead expenses) by : sum assured related, premium related, per policy related

Claim expenses, future inflationary increases, if any, allowance for transfers to shareholder, if any: [please see section 49 of the insurance act, 1938], taxation. [please see the relevant sections of the income tax act, 1961 applicable for payment of taxes by the insurer], any other parameter relevant to pricing of product –specify, reserving assumptions (please specify all the relevant details), base rate (risk premium)-furnish the rate table, if any, gross premium- furnish the rate table, if any, annualised premium, 4.24.1 minimum, 4.24.2 maximum, expected loss ratio (for the product) –, expected combined ratio, age-wise combined ratio-, sum insured-wise- combined ratio, expected cross-subsidy between age/sum insured, experience of similar products, if any for the preceding five financial years, premium –rs., number of claims, incurred claims-rs., claim frequency, average cost per claim, burning cost-rs., combined ratio, 1. exposure: earned life year (no of life earned during a particular financial year);, 2. premium: premium earned during the financial year;, 3.number of claims: claims occurred during the financial year;, 4. incurred claims: incurred amount as of today for claims mentioned in “3”;, 5. claim frequency: no. of claims/ exposure;, 6. average cost per claim: incurred claims / no. of claims;, 7. burning cost: claims frequency* average cost per claim;, 8. loss ratio: incurred claims/ premium;, 9. combined ratio: loss ratio + expense ratio;, results of financial projections/sensitivity analysis: [the profit margins should be shown for  various model  points  for base,optimistic and pessimistic scenarios  in a tabular format below. the definition of profit margin should be taken as the present value of net profits to the p.v of premiums. please specify assumptions made in each scenario. for terms less than or equal to one year loss ratio may be used and for terms more than one year, profit margin may be used.], risk discount rate used in the profit margin,  average sum insured assumed, assumptions made under pessimistic scenario, assumptions made under optimistic scenario,  section vi: enclosures to the application:, the following specimen documents should be enclosed:, technical note on pricing, proposal form, wherever necessary, premium table, certificates by appointed actuary and chief compliance officer.

Soft ware used for product design and monitoring — (for information of the Authority)

The Insurer shall enclose a certificate from the Chief Compliance Officer, Appointed Actuary, countersigned by the principal officer of the insurer,  as per specimen given below:(The  language of this should not be altered)

Certification by Chief Compliance Officer:

I——- (Name of Chief Compliance Officer) the undersigned, on behalf of the Insurer named below, hereby affirm and declare as follows:

1. That the details of the (Name of product) filled in above are true and correct and reflect what the policy and other documents indicate.

2. That the product complies with the various provisions of IRDAI (Health Insurance) Regulations, 2016, all other applicable Regulations, Master circular on Standardization of Health Insurance Products (Ref: IRDAI/HLT/REG/CIR/193/07/2020) dated 22 nd July, 2020, Consolidated Guidelines on Product Filing in Health Insurance Business (Ref: IRDAI/HLT/REG/CIR/194/07/2020) dated 22 nd July, 2020, and other applicable Guidelines as amended from time to time.

3. That this application and all other documents are complete and have been verified for correctness and consistency not only in respect of each item of each document but also vis-a-vis one another.

4. I certify that the policy wordings and Customer Information sheet filed along with this application is in compliance with of IRDAI (Health Insurance) Regulations, 2016, all other applicable Regulations, Master circular on Standardization of Health Insurance Products (Ref: IRDAI/HLT/REG/CIR/193/07/2020) dated 22 nd July, 2020, Consolidated Guidelines on Product Filing in Health Insurance Business (Ref: IRDAI/HLT/REG/CIR/194/07/2020) dated 22 nd July, 2020, and Guidelines on Standard Domestic Travel Insurance – Individual  issued thereon.

5. I further certify that the Prospectus submitted is in compliance with the applicable provisions of Rules, IRDAI Regulations and Guidelines on Product Filing and Insurance Advertisements.

(Chief Compliance Office)

Certification by Appointed Actuary:

” I, ( name of the appointed actuary ), the appointed actuary, hereby solemnly declare that the information furnished in this Application Form  is true.  I also certify that, in my opinion, the premium rates, advantages, terms and conditions of the above product are workable and sound, the assumptions are reasonable and premium rates are fair.”

I have carefully studied the requirements of the Product Filing Procedure in relation to the design and rating of insurance products.

The rates, terms and conditions of the above mentioned product are determined on technically sound basis and are sustainable on the basis of the information and claims experience available in the records of the insurer.

An adequate system has been put in place for collection of data on premiums and claims based on every rating factor that will enable review of the rates and terms of the cover from time to time. It is planned to review the rates, terms and conditions of cover (— mention periodicity of review) based on emerging experience.

It is further certified that the underwriting of the product now filed shall be within the Board approved underwriting philosophy of the Company.

The requirements of the Product Filing Procedure have been fully complied with in respect of this product or revision or modification of the product.

I further declare that except the Sections mentioned in S.No., no other feature/benefit/clause is modified in the product (applicable only for revision or modification of the product)

Signature of the Appointed Actuary

Certification by Principal Officer or CEO

I (name of the Principal Officer or CEO), (mention designation) hereby confirm that:

1. The rates, terms and conditions of the above-mentioned product filed with thiscertificate have been determined in compliance with the IRDA Act, 1999, InsuranceAct, 1938, and the Regulations and guidelines issued there under, including the Fileand Use / Use & File Product Filing guidelines.

2. The prospectus, sales literature, policy and endorsement documents, and the rates, terms and conditions of the product have been prepared on a technically sound basisand on terms that are fair between the insurer and the client and are set out inlanguage that is clear and unambiguous.

3. These documents are also fully in compliance with the underwriting and rating policy approved by the Board of Directors of the insurer.

4. The statements made in the filing Form -IRDAI-UNF-STIP are true and correct.

5. The requirements of the Product Filing Guidelines have been fully complied with in respect of this product.

Signature of Principal Officer or Designated Officer

Name and designation along with Company’s seal

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The Economic Times

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Irdai cracks down on misselling of travel insurance via online ticket booking portals, imposes curbs.

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Currently, when you buy a ticket to travel, often travel insurance gets bundled with this by default without the purchaser realising it.

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  • Insurers are responsible to ensure an informed choice to the persons to be insured and ensure compliance to Regulation 6 of IRDAI (Protection of Policyholders' Interests) Regulations, 2017.
  • The name of the Insurance Company which is offering the travel insurance cover, the amount of the premium that shall be collected towards travel insurance cover shall be specifically disclosed as the cost of travel cover, at the time of opting to buy a travel insurance cover. Rate of tax that is applicable to the premium shall be also separately specified.
  • Insurers shall ensure that any portal or App providing the travel insurance coverage shall not pre-select the option of buying the travel cover as a default option. The prospect shall be able to specifically choose whether or not to buy the coverage.
  • Where selected to buy, an option shall be provided for opting out or de-selecting the option before concluding the transaction.
  • There shall be a provision to let the person to be insured buying a travel cover go through the benefits, terms and conditions offered under the travel insurance cover on the screen itself and consent shall be obtained in the form of selecting a radio button by the prospect /policyholder in confirmation of having read and understood the terms and conditions.
  • In order to ensure that every travel policy offered is in compliance with these norms, there shall be a clause in the agreement entered with the master policyholder and in the terms and conditions of the group policy along with a provision to cancel the group policy arrangement if the master policyholder is not adhering to the norms specified.

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Travel Insurance - Policy Holder

  • Why Buy Life Insurance
  • What Life Insurance to Buy
  • How to Buy Life insurance and From Whom
  • You and Your Life Insurance Policy: FAQs
  • Dos and Don'ts for Life Insurance
  • General Advice for Life Insurance
  • Why Buy Health Insurance
  • What Health Insurance to Buy
  • How to Buy Health Insurance and From Whom
  • You and Your Health Insurance Policy: FAQs
  • Dos and Don'ts for Health Insurance
  • General Advice for Health Insurance
  • Why Buy Motor Insurance
  • What Motor Insurance to Buy
  • How to Buy Motor Insurance and From Whom
  • You and Your Motor Insurance Policy: FAQs
  • Dos and Don'ts for Motor Insurance
  • General Advice for Motor Insurance
  • Why Buy Property Insurance
  • What Property Insurance to Buy
  • How to Buy Property Insurance and From Whom
  • You and Your Property Insurance Policy: FAQs
  • Dos and Don'ts for Property Insurance
  • General Advice for Property Insurance
  • Why Buy Travel Insurance
  • What Travel Insurance to Buy
  • How to Buy Travel Insurance and From Whom
  • You and Your Travel Insurance Policy: FAQs
  • Dos and Don'ts for Travel Insurance
  • General Advice for Travel Insurance

Buy With Care: Some Dos and Don'ts

Know your Rights and Duties

  • Senior Citizens
  • Economically Vulnerable
  • Safety Matters
  • Hit and Run

Available Products

travel insurance act india

Travel Insurance

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Partner content:  This content was created by a business partner of Dow Jones, independent of the MarketWatch newsroom. Links in this article may result in us earning a commission.  Learn More

travel insurance act india

Travel Insurance For a Trip to India (2024)

Travel insurance protects your trip expenses and offers you financial peace of mind. See how to get covered and what travel insurance costs for a trip to India.

in under 2 minutes

Nicole Leigh West Photo

Nicole Leigh West is an experienced lifestyle journalist and writer for publications including Wanderlust, TripSavvy and Vacations & Travel. Along with roaming the globe and penning fiction novels, Nicole works for World Words as a sub-editor and writer.

Tori Addison Photo

Tori Addison is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.

From sightseeing in Mumbai to hiking the Himalayas, travel insurance can protect your investments on your vacation to India. Travel insurance for India can help cover you financially if your trip gets canceled, you incur medical expenses abroad or an airline loses your baggage.

No one wants to call off overseas travel, but sometimes the unexpected happens and interrupts your plans. Read on to learn about policy terms, costs and information about traveling to India.

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Compare India Travel Insurance Companies

Use the table below to compare the best travel insurance companies for a trip to India:

Why Trust MarketWatch Guides

Our editorial team follows a comprehensive methodology for rating and reviewing travel insurance companies. Advertisers have no effect on our rankings.

Companies Reviewed

Quotes Collected

Rating Factors

Do I Need Travel Insurance for India?

Travel insurance plans are not required to visit India. However, travel insurance can protect you from losing nonrefundable costs if your trip gets interrupted or you experience a health emergency. Most U.S. health insurance plans do not cover medical expenses overseas, like if you require hospitalization or emergent care. But you can add protection by purchasing a travel insurance policy with emergency medical coverage.

It’s important to check policy documents regarding participation in activities such as adventure sports and motorbike riding, which insurance may not cover. However, even if you’re simply exploring Delhi, heat exhaustion or minor incidents may require medical treatment you can cover by filing a travel insurance claim.

Travel insurance can reimburse some or all prepaid costs for trip delays or cancellations. So you won’t have to rely on airline policies to recoup losses if your flight to India is delayed or canceled for reasons outside your control. A policy can also cover a delay of checked-in baggage and lost or stolen belongings.

Cancel for Any Reason Coverage

Most travel insurance providers offer cancel for any reason (CFAR) coverage , which covers nonrefundable trip costs without limits on why you need to cancel.

Standard travel insurance coverage includes cancellation for predetermined reasons, including the death of a family member or a personal accident or illness. But CFAR coverage allows you to cancel plans for reasons outside your policy. So if you cancel your trip to India to go to Canada or Thailand instead, your insurance company is more likely to reimburse travel costs if you have CFAR coverage.

CFAR is subject to rules that vary among different travel insurance providers. Rules may include exclusions and time limits, such as a requirement to cancel within 48 or 72 hours of your vacation start date. It is typically offered as a policy add-on, which may increase your insurance premium.

Gear Theft Protection

Travel insurance also offers coverage for valuable items and expensive equipment so you can travel to India with added peace of mind. Gear theft protection is useful if you’re traveling with valuables such as:

  • Smartphones
  • Professional cameras and video equipment
  • Adventure sports gear

Check your international travel insurance plan for inclusions, exclusions and the sum insured. Certain travel policies may not cover everything, like the full cost of stolen valuables after your deductible. Generally, reimbursement includes items that are damaged, lost or stolen through common carriers such as airlines or tour organizations. Many travelers leave items at home or locked in hotel rooms if they are too valuable to lose.

Medical Emergency Insurance and Emergency Medical Evacuation

According to the U.S. Department of State , the quality of medical care in India varies depending on your location. You may have an easier time finding medical care in more populated cities versus rural areas. But regardless of your location, travel medical insurance can cover health emergencies and help you avoid significant medical costs.

Policies may vary regarding coverage of pre-existing diseases or medical conditions. Standard medical coverage typically includes:

  • Hospital fees
  • Operating room charges and anesthesia
  • Dental emergencies
  • Lab tests and X-rays
  • Accidental death and dismemberment

Most travel health insurance plans include emergency medical evacuation and repatriation if local medical care isn’t available or you need to fly back to your home country.

Rental Car Protection

Many people choose to explore India via a guided tour or with private drivers due to traffic conditions, specifically in big cities. The country requires that rental car companies provide third-party personal liability insurance to cover deaths, injuries or property damage while using rented vehicles. However, companies may offer you the option to purchase additional rental car coverage.

Depending on the type of car insurance and coverage you choose, premium plans may include the following:

  • Collision damage waiver and theft protection
  • Tire and windshield protection
  • Roadside protection
  • Personal effects coverage

As a separate safeguard, a standard travel insurance policy generally includes rental vehicle coverage to reimburse you for stolen or damaged cars. Some policies may offer this coverage as a policy add-on, which costs extra.

Trip Cancellation Insurance

Trip cancellation insurance covers nonrefundable trip costs (like your flight or hotel) if your trip to India gets canceled unexpectedly. Coverage extends to the insured person or policyholder for a limited number of reasons, including:

  • Death of family members
  • Hospitalization or serious illness
  • Severe weather conditions preventing departure
  • Jury or military duty
  • Domestic or international terrorism (such as a hijack at air or sea)

Opt for CFAR coverage for more general cancellations, like a compassionate visit to someone in the hospital, concerns about pre-existing conditions or simply changing your mind. Note that your policy may not cover cancellations due to certain natural disasters (such as flash flooding in India) if you travel after a known event.

How Much Does India Travel Insurance Cost?

The cost of India travel insurance largely depends on your trip details and personal risk factors. For example, a senior citizen who requires a regular check-up for pre-existing medical conditions may pay more for a policy, whereas student travel insurance is generally the cheapest.

Plan options may include single-trip travel insurance for a one-time visit to India. Or if you’re traveling from Schengen countries to Australia and then onto India, you might find multi-trip travel insurance more cost-effective. In this example, a U.S. citizen would not need a Schengen visa to travel between countries but would require a tourist visa to enter India .

To give you an idea of travel insurance costs , the MarketWatch Guides Team requested quotes from five leading international travel insurance providers for a trip to India. The below quotes are for a 35-year-old traveler from New York planning a two-week trip worth $3,000. The total cost includes accommodations, tours and flights.

*Note: We collected the above quotes from each company’s website in May 2023. Plans include coverage for trip cancellation, trip interruption, medical emergencies and baggage loss or delay. 

Keep in mind that your cost may vary depending on your personal details and trip duration or end date. If you are on a budget, check out our picks for cheap travel insurance options .

How Do I Get Travel Insurance for India?

When planning your vacation to India, check your credit cards and health insurance as you may already have some forms of coverage. Some credit card companies extend certain travel coverages, and private health insurance may extend to emergencies abroad. You can also buy travel insurance directly through your airline when purchasing flight tickets.

If you decide to purchase travel insurance, take your time to shop around and compare plans. It’s important to check your policy wording for coverage exclusions so you are not surprised during the claims process. For example, policies may include varying coverages for lost baggage, which can affect how much you receive in a claim settlement.

The right travel insurance policy for you should take into account your personal needs. If you plan to hike or participate in sporting activities, look for coverage that includes medical emergencies and sporting gear. Or find a trip plan with optional CFAR coverage if unexpected trip interruptions are a concern.

travel insurance act india

India Safety Tips

Below are travel and safety tips to help you enjoy a hassle-free Indian vacation.

Crime and Safety

The India Travel Advisory from the U.S. Department of State is at a Level 2: Exercise Increased Caution. According to the State Department, the level is in place due to growing crime across tourist destinations, along with possible terrorist attacks. Check updated information for certain areas with Level 4: Do Not Travel advice.

It’s recommended to avoid demonstrations and always follow instructions from local authorities. Be aware of your surroundings in big crowds and guard your belongings from pickpockets. Take note of local media concerning breaking events and adjust your plans accordingly.

Day Trips, Tours and Excursions

From seeing the Taj Mahal to learning how to cook Indian food, tours are a fantastic way to see the country. Some international travel insurance policies can safeguard you from financial loss related to travel excursions — like cruise insurance from Nationwide.

Always book tours and day trips through reputable companies. Seek advice from hotel concierges and trusted travel agents. For more information, visit India’s official tourism website .

India currently does not have any rules or restrictions regarding COVID-19 and U.S. travelers. However, the situation is subject to change. Visit the Indian government’s Bureau of Immigration for up-to-date information.

Is Travel Insurance for an India Vacation Worth It?

Travel insurance is not mandatory for a vacation to India. However, it can help you recoup finances due to potential baggage loss, stolen valuables, canceled flights and more. Travel insurance can also cover medical expenses if you experience an emergency abroad. Other reasons why travel insurance is worth it include peace of mind in knowing you have coverage on your trip to India, whether it be for sporting equipment, a delayed flight or a trip to urgent care.

Frequently Asked Questions About Travel Insurance in India

How can i claim flight compensation.

Travel insurance is the best protection against canceled flights to India. Most U.S. airlines will only compensate you if the company is at fault for cancellations or delays. But even then, restrictions apply.

Do I need travel insurance to fly to India?

Travel insurance is not required to fly to or enter India. But a policy is recommended to cover trip cancellation and potential medical expenses. It can also cover the loss of passports and other important documents, stolen or damaged valuables and sporting gear.

What does travel insurance for India cover?

Travel insurance covers a variety of unexpected events and risks, including medical emergencies, flight cancellations or delays, lost luggage and stolen valuables. Different types of travel insurance plans may also include coverage for sporting equipment and rental car damage.

Do all credit cards include travel insurance?

Not all credit cards offer travel insurance. But travel rewards cards may offer a level of travel insurance. Check your policy documents for coverage details. You can also use travel cards to earn rewards points if you prefer to travel cashless.

More Travel Insurance Resources

travel insurance act india

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India: The Insurance Laws (Amendment) Bill 2022

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Introduction

Following a comprehensive review of the insurance legislative framework in India by the Finance Ministry, in consultation with the IRDAI and other stakeholders in the industry, the Government of India has issued a draft Bill titled " The Insurance Laws (Amendment) Bill, 2022 " (" Draft Bill ") on 29 November 2022.

The Draft Bill proposes significant amendments to the Insurance Act 1938 (" Insurance Act ") and the Insurance Regulatory and Development Authority Act 1999 (" IRDA Act "), which are stated to primarily focus on " enhancing the financial security of the policyholders, promoting policyholders' interests, improving returns to the policyholders, facilitating entry of more players in insurance market leading to economic growth and employment generation, enhancing efficiencies of the insurance industry - operational as well as financial, and enabling ease of doing business ".

The Draft Bill proposes various changes such as opening up the IRDAI registration to various classes, sub-classes and types of Insurers with minimum capital requirements based on the form of business (as maybe specified by the IRDAI), allowing Insurers to additionally perform services that are incidental or related to insurance business as well as distribution of other financial products as maybe specified by the IRDAI. Further, certain amendments have been proposed in line with the changes made to other legislations such as the Companies Act 2013 and changes discussed by the IRDAI in relation to various regulations.

Proposed Changes

A brief summary of the key changes proposed in the Draft Bill are set out below:

  • The Draft Bill proposes to allow the IRDAI to specify any part of an existing class of insurance business as its " sub-class ", similar to the distinctions prevalent at present under general insurance business (such as fire, marine and miscellaneous insurance business) and under health insurance business (such as personal accident and travel). Further, it is proposed that the IRDAI, by notification, may specify different types or categories of Insurers (including in the nature of captive insurers 1 ) based on such criteria as their area of operation, level of risk or premium and channel of distribution.
  • The Draft Bill proposes to introduce various new definitions under the Insurance Act such as of "captive insurer", "class of insurance business" 2 , "sub class" of an existing class of insurance business, "principal officer" [ 3], "personal accident insurance business", "travel insurance business" and "premium" as well as revise various existing definitions such as of "Indian Insurance Company"  4 , "Insurer" [ 5] and "health insurance business" 6 . The definition of "insurance intermediary" is proposed to be moved from the IRDA Act to the Insurance Act, and while it remains inclusive, it sees deletions of certain categories which were expressly set out earlier, such as surveyors and loss assessors, insurance consultants and TPAs. Broadly, the definitional changes vary from clarificatory to substantial, and may potentially have long term implications on the form and manner of carrying on insurance business and product distribution in India.
  • The Draft Bill proposes to include " Central Government or a State Government or a Government company as defined in clause (45) of section 2 of the Companies Act, 2013 ;" and " a statutory body established by an Act of Parliament to carry on insurance business; " in the list of entities at 2C of the Insurance Act, which are not prohibited from carrying on insurance business 7 . While body corporates incorporated overseas also forms a part of this list at present, the same is proposed to be: (i) replaced with Foreign Reinsurance Branches ( FRBs ) and Lloyd's India or its members, which are established for " exclusively undertaking re-insurance business " in India, and (ii) prohibited from carrying on any class of insurance business except reinsurance business.
  • The Draft Bill indicates that an application to the IRDAI for registration may be made for multiple classes (or sub-classes) of insurance business. In this regard, the Draft Bill states that the application may be made for " one or more classes or sub-classes of insurance business by any category or type of insurer " but clarifies that an entity either applying for or carrying on reinsurance business is not eligible to apply for registration of any other class of insurance business.
  • The Draft Bill proposes to allow Insurers to " provide services related or incidental to insurance business and may also distribute other financial products as specified by and subject to regulations ". While presently Insurers are only permitted to carry on insurance business in accordance with their registration with the IRDAI, the proposed change could see Insurers being permitted to also offer various services ancillary to their insurance products and distribute financial products such as mutual funds, loans etc.
  • Presently, the minimum paid up equity share capital required to carry on any class of insurance business and reinsurance business in India is Rs.100 crores and Rs.200 crores, respectively. The Draft Bill proposes to remove the minimum capital requirements and specifies that the determination of minimum paid-up equity capital will be in accordance with the regulations specified by the IRDAI considering the " size and scale of operations, class or sub-class of insurance business and the category or type of insurer ".
  • Further, the minimum net owned funds requirement for registering FRBs and Lloyd's India branches is proposed to be reduced from Rs.5000 crores to Rs.500 crores.
  • Presently, for transfer of an Insurer's shares exceeding 1% of its paid-up equity capital, prior approval of the IRDAI is required to be obtained. This threshold is proposed to be relaxed to 5%.
  • Under the Draft Bill, it is proposed that an Insurer carrying on business of more than one class or sub-class of insurance business shall be required to maintain separate accounts of all receipts and payments under each such class or sub-class.
  • Every Insurer is required to " earmark, invest and at all times keep earmarked and invested " its assets in such manner that the value of invested assets is not less than the value of its liabilities.
  • Such " earmarked assets " shall be required to be free from any " encumbrance, charge, hypothecation or lien ".
  • As an additional condition, it is proposed that an Insurer cannot invest more than 5% of its earmarked assets in a company or other body corporate which is owned or controlled by its promoters.
  • The restrictions and conditions for making investments will be specified by the IRDAI through regulations.
  • Various conditions set out under 27A, 27B, 27C, 27D and 31 of the Insurance Act are proposed to be repealed. Instead, it is proposed that investment (of the whole or any part) of the Insurer's assets shall subject to " such time, manner, limitations, restrictions and other conditions as the Authority may specify by regulations. "
  • The Draft Bill proposes that the final audited accounts and actuarial report must be submitted with the IRDAI in electronic form within a period and manner specified by the IRDAI. Presently, Insurers are required to submit these documents in physical form " within six months from the end of the period to which they refer ".
  • The Draft Bill proposes to insert a new provision under the Insurance Act, namely, " Appointment of Actuary by insurer " stipulating that the IRDAI shall define the duties, powers, qualifications and experience, necessary for appointment of an actuary by an Insurer, through its regulations.
  • The present norms under 13 of the Insurance Act requiring an investigation by an actuary of the financial condition of an Insurer and preparation of an abstract, only apply to Insurers carrying on life insurance business. The same is proposed to be extended to all Insurers.
  • The Draft Bill proposes to replace §31B of the Insurance Act, which prohibits payments by an Insurer to an insurance intermediary in excess of the limits specified by the IRDAI. The proposed provision does not refer to any fixed limits or sums, and instead provides the IRDAI with wide powers to specify the same: " The Authority shall have the power to specify by regulations, the remuneration, whether by way of commission or otherwise, that an insurer may pay to any person in respect of insurance business transacted by him ".
  • The Draft Bill proposes to expressly set out that in case of any contravention of the limits on 'expenses of management' as specified under the regulations, the IRDAI may, after giving such Insurer an opportunity of being heard: (i) issue a warning to the Insurer, or (ii) issue directions to the Insurer, " including to charge the whole or part of such excess to the shareholders' account ", or (iii) make restrictions on the business of Insurer.
  • Presently, the Insurance Act specifies that the registration of an insurance intermediary shall be valid only for a period of 3 years from the date of registration, and that an application for renewal for another period of 3 years shall be made at least 30 days before expiry of such registration. The Draft Bill proposes to replace the above provision and state that a registration shall remain in force on payment of the annual fee specified "until such registration is suspended or cancelled in accordance with the regulations ".
  • Upon rejection of any registration application, the IRDAI shall record the reasons for its decision and shall furnish a copy thereof to the applicant, who shall be provided a reasonable opportunity of being heard.
  • The Draft Bill proposes specific conditions in which the IRDAI may suspend or cancel the registration of an insurance intermediary and adds that such decision may be revoked by the IRDAI if it is: " satisfied that the grounds on which the certificate of registration was suspended no longer subsist... ".
  • 64VA of the Insurance Act requires Insurers to maintain assets in excess of their liabilities, and in this regard, §64VA(3) stipulates that the IRDAI may specify a " Control Level of Solvency " which shall be the excess margin (of assets over liabilities) which if breached can cause the IRDAI to ask the Insurer to take remedial measures. This is presently at 150%. The Draft Bill now proposes to insert the following proviso at §64VA(3) which may potentially allow the IRDAI to set different solvency margins for different Insurers, based on the classes and sub-classes of insurance business carried on by them:  " Provided that in specifying the solvency margin, consideration may be given to the different classes and sub-classes of insurance business of an insurer"
  • The Draft Bill proposes to remove the detailed disqualification criteria for appointment of insurance agents by the Insurers, as presently specified under §42 of the Insurance Act, and instead replace it with the eligibility qualifications, code of conduct and other requirements as may be specified by the IRDAI.
  • The existing prohibition on a managing director or other officers being common amongst two or more Life Insurers under 32A of the Insurance Act is proposed to be extended to all Insurers: " A managing director or other officer of an insurer carrying on life insurance business shall not be a managing director or other officer of any other insurer carrying on life insurance business or of a banking company or of an investment company... "
  • The Draft Bill proposes to increase the retirement age of whole-time members of the IRDAI from 62 years to 65 years.
  • The powers of the IRDAI to issue directions under §34 of the Insurance Act (in public interest or to prevent the affairs of such registered entity being conducted in a manner detrimental to the interests of the policyholders or its own interests) are proposed to be widened. In this regard, express references to "insurance intermediaries" are proposed to be added wherever references to " Insurers " are presently contained. Further, the proposed explanation under §34 states that: " For the removal of doubts, it is hereby clarified that the power to issue directions under this section shall include and always be deemed to have been included the power to direct any person, who made profit or averted loss by indulging in any transaction or activity in contravention of the provisions of this Act or regulations made thereunder, to disgorge an amount equivalent to the wrongful gain made or loss averted by such contravention ."
  • The penalty under §102 of the Insurance Act for violations such as non-compliance with the IRDAI's directions, failure to maintain solvency margin, and furnishing of documents, statements, accounts etc to the IRDAI is presently Rs.1 lakh per day of continued non-compliance or Rs.1 crore, whichever is less. The per day penalty is proposed to be revised to " not exceeding " Rs.1 lakh and the maximum penalty is proposed to be increased to Rs.10 crores.
  • For any failure to comply with any provisions of the Insurance Act or the IRDA Act for which no separate penalty is prescribed, the Draft Bill proposes the introduction of §102A to the Insurance Act, which shall allow a maximum penalty of Rs.1 crore and a per day penalty not exceeding Rs.1 lakh.
  • Further, the Draft Bill also proposes a penalty if any person " makes a statement, or furnishes any document, statement, account, report or return which is false and which he either knows or believes to be false or does not believe to be true " under a newly proposed §103A. Such penalty shall not be exceeding Rs.5 crores " for each such failure ".
  • While the IRDA Act makes it clear that the IRDAI may delegate its powers to the Chairperson or any other member or officer of the IRDAI, the Draft Bill proposes to exclude the following powers from the ambit of such delegation: (i) power to make regulations and (ii) power to register an Insurer.

Concluding Remarks

The Draft Bill proposes to introduce various significant changes to the existing insurance statutory framework in India. The changes appear to have followed from various long-standing views expressed by various stakeholders in the industry, and if notified as proposed presently, may have significant impact on various registration and operational matters for the Indian insurance market.

The Government of India had invited comments from the general public on the proposed amendments by mid-December 2022. It remains to be seen whether the Draft Bill will be notified in the present form, or if any additional changes will be introduced in view of the comments received from stakeholders across various forums.

1. The new §2(4B) states ""captive insurer" means an insurer carrying on the class of general insurance business or any of its sub-classes exclusively for its holding company or its subsidiary company or its associate company...".

2. The definition inserted at §2(5A) states ""class of insurance business" refers to the class of life insurance or the class of general insurance business or the class of health insurance business or the class of re-insurance business;".

3. The proposed insertion at §2(14A) states ""principal officer" means an officer of an insurer, authorized as such for the purposes of the Act;".

4. The proposed change at §2(7A) states ""Indian insurance company" means any insurer who is a company, formed and registered under the Companies Act, 2013 as a public company;".

5. The proposed §2(9) states ""insurer" means a person who carries on insurance business;". While insurance business is not separately defined, we note that the proposed definition of "class of insurance business" includes life, general, health insurance business or re-insurance business.

6. The definition sees a removal of personal accident insurance from its ambit, and the updated §2(6C) states ""health insurance business" means effecting contracts of insurance that provide sickness benefits or pay for medical and health expenses;".

7. While "insurance business" is not separately defined, we note that the proposed definition of "class of insurance business" includes life, general, health insurance business or re-insurance business.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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  • Choose The Best Travel Insurance In India In 2024 With Our Guide

15 Nov 2021

Traveling comes with its fair share of adventure and entertainment. But we often tend to overlook unfortunate scenarios like a medical emergency, a sudden illness, or an accident. Read our travel insurance in India guide to insure your trip hassle-free. We will provide you complete information about the eligibility criteria for insurance, inclusions, claims process and more.

5 Reasons Why You Need Travel Insurance In India

Reasons Why You Need Travel Insurance In India

Today, more people are traveling than ever before. Be it for pursuing higher education, leisure, or business, travel has become a significant part of our lives. However, with the increase in frequency, the risks associated with the personal safety of travelers have also increased. Here’s how travel insurance in India comes in handy if you find yourself in an unforeseen situation:

  • The best travel insurance for visiting India will provide coverage against baggage loss and delay as well as flight cancellation and delay. You can claim your rescheduled flight fees if you miss your connecting flight because of adverse weather, strikes, or technical issues.
  • The best domestic travel insurance will come to your rescue in the face of an airline strike, an act of terror, or a natural disaster. From reimbursing non-refundable fees to finding an alternate mode of transportation, the insurance has you covered.
  • In a country like India, medical treatment can cost you a bomb. Also, in remote towns, you may find that medical facilities are inadequate. If you suddenly fall ill or meet with an accident, you might have to be airlifted to the hospital. It is a smart move to invest in travel insurance, especially in India where healthcare costs are expensive.
  • The risk of losing a tooth in a bad fall can give any traveler nightmares. In this scenario, you will have no choice but to seek immediate medical intervention. Luckily for you, your travel insurance will also cover your dental expenses .
  • If you get stranded and have no clue what to do, travel policy in India will provide you emergency accommodation until it is safe for you to fly back home.

Must Read: Diwali Celebration In India: An Extensive Guide To The Festival Of Lights

travel insurance act india

Eligibility Criteria For Buying Travel Insurance In India

Suggested Read: 15 Must-Attend Events And Festivals In December In India: Block Your Dates & Head Out!

Claims Process For Travel Insurance In India

Claims Process For Travel Insurance In India

In case you encounter an emergency situation while traveling, call up your travel insurer to understand the claims process. The insurer’s email address and contact number are always mentioned on the document. The next step is to send relevant documents (specific to one’s case) by email or fax. Supporting documents usually include claim form, a copy of the policy, original receipts and bills, a copy of the passport, and ID proof.

Once you submit the required documentation, the insurer will check them and subsequently, process the claim. Make sure to always carry the travel insurance policy document with you while traveling. We suggest you keep photocopies of the document handy in case you lose the original. A good idea would be to keep a soft copy of the document stored on your phone.

Suggested Read: Visit 14 Luxury Holiday Destinations In India For A Lavish Stay

How To Choose the Best Travel Insurance In India

How To Choose the Best Travel Insurance In India

Here are a few points that you must consider before purchasing a family plan for travel insurance in India:

  • Consider a travel insurance plan that offers maximum coverage amount.
  • Invest in a policy which has a low period to cover pre-existing diseases.
  • Pick the right sum insured based on your age and marital status.
  • Opt for travel insurance in India from an insurance company that has a high claim settlement ratio.
  • Take a policy that offers the highest sub limits on per day expenses and room rent. This would help you to avoid paying additional costs from your pocket.

Further Read: 30 Amazing Places In India To Celebrate New Year

It’s highly recommended to buy a travel plan to take care of risks or losses that might occur during the trip. This Insurance is meant to protect you & your loved ones from unforeseen circumstances, even if you are not with them. Do not rush. Think before buying your travel insurance and embarking on your next international trip with TravelTriangle.

Disclaimer: TravelTriangle claims no credit for images featured on our blog site unless otherwise noted. All visual content is copyrighted to its respectful owners. We try to link back to original sources whenever possible. If you own the rights to any of the images, and do not wish them to appear on TravelTriangle, please contact us and they will be promptly removed. We believe in providing proper attribution to the original author, artist or photographer.

Please Note: Any information published by TravelTriangle in any form of content is not intended to be a substitute for any kind of medical advice, and one must not take any action before consulting a professional medical expert of their own choice.

Frequently Asked Questions About The Best Travel Insurance In India

What are the different types of travel insurance?

The different types of travel insurances are – 1. Domestic Travel Insurance 2. International Travel Insurance 3. Corporate Travel Insurance 4. Student Travel Insurance 5. Medical Travel Insurance

Which are the best travel insurance companies in India?

The following are the best travel insurance companies in India: 1. Tata AIG Travel Insurance 2. Apollo Munich Travel Insurance 3. Religare Travel Insurance 4. Bajaj Allianz Travel Insurance 5. HDFC ERGO Travel Insurance

Which travel insurance is best for the USA from India?

Tata AIG Travel Insurance is considered to be the best travel insurance for the USA from India.

What does travel insurance covers you for?

Travel Insurances coverage of the traveler’s various concerns during their trip. Travel Insurance covers the following items 1. Trip Cancellations 2. Medical Emergencies 3. Travel Delays 4. Lost Luggage 5. Illness

Can I cancel travel insurance? Are there any cancellation charges?

You can cancel your travel insurance plan only within the review period of the insurance company. There are no cancellation charges if you cancel your ticket within the Money Back Guarantee period of the insurance company.

Can I get travel insurance if I have heart disease?

Yes, but only if your doctor allows you to travel. Free Spirit Travel Insurance Company offers the best medical travel insurance.

Can I purchase travel insurance in India for someone who is unrelated to me?

No. You can buy travel insurance in India for your immediate family members only.

What is medical evacuation and repatriation cover?

Medical evacuation means arrangement for transportation required to move an insured to the nearest hospital and repatriation means arrangement for transportation required to move an insured to his/her country of residence following an emergency.

Are there any pre-policy medical checkup required for travel insurance in India?

No, there is no pre-policy medical checkup required for travel insurance in India. Just declare the pre-existing disease condition and you are good to go.

Can I purchase my parent’s policy if I want them to visit me?

Yes, you can be their proposer and buy travel insurance policy in India for your parents.

What is single and multi-trip insurance?

Single trip insurance stands valid for a single trip and for a pre-defined number of days. On the other hand, people who go on frequent trips should go for a multi-trip insurance policy.

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Travel Insurance Plans for NRIs in India: Top Plans, Benefits & More

nri_travel_insurance_vance

Content overview:

1. Introduction to NRI Travel Insurance

2. Understanding the Types of NRI Travel Insurance

3. Benefits of Travel Insurance for NRIs Visiting India

4. Claim Process: What to Do in Case of an Emergency

5. FAQs: Common Questions About NRI Travel Insurance

Introduction to NRI Travel Insurance

Travelling is an experience, a journey of memories and moments. For Non-Resident Indians (NRIs), travelling back to their homeland brings a mix of nostalgia and excitement. But amidst the joy of reunion and the thrill of exploration, there's an underlying need for security. That's where NRI Travel Insurance steps in.

NRI Travel Insurance is not just another policy; it's a shield, a protective layer ensuring that unforeseen events don't disrupt your journey. Whether it's a medical emergency, a sudden trip cancellation, or lost baggage, the right insurance policy can be a lifesaver.

Imagine this: You're an NRI from Australia, visiting your relatives in Pune, India. You've planned a two-week trip exploring the city, attending family functions, and relishing local cuisines. But on the third day, you fall ill, requiring immediate medical attention. Without travel insurance, you're looking at hefty medical bills, not to mention the stress of navigating healthcare in a different country. But with NRI Travel Insurance, you're covered. The policy takes care of the medical expenses, allowing you to focus on recovery and enjoying the rest of your trip.

Understanding the Types of NRI Travel Insurance

Travelling comes with its set of uncertainties. While the thrill of exploration is unmatched, the potential risks can't be ignored. That's why understanding the types of coverages available in NRI Travel Insurance is crucial.

Medical Travel Insurance for NRIs : Health is unpredictable. One day you're hiking up a hill, and the next, you might be bedridden with a fever. Medical Travel Insurance for NRIs ensures that unexpected illnesses or injuries don't burn a hole in your pocket. It covers hospital bills, medication costs, and even emergency evacuations. For instance, if you're trekking in Himachal Pradesh and suffer an injury, this coverage can cover the medical expenses and even the cost of an emergency helicopter evacuation if needed.

Trip Cancellation and Interruption Insurance: Life is full of surprises. You might have planned a month-long trip across India, but a sudden work emergency or a family situation might force you to cut it short or cancel it altogether. This insurance ensures that you're compensated for the non-refundable parts of your trip. So, if you've booked a non-refundable houseboat stay in Kerala and have to cancel your trip, this coverage ensures you get your money back.

Baggage and Personal Effects Coverage : Losing your luggage can be a nightmare, especially in a foreign country. Whether your baggage is lost, delayed, or damaged, this coverage ensures you're compensated. So, if your suitcase with all your clothes goes missing at the Mumbai airport, the policy can provide funds to buy necessary clothing and toiletries.

Accidental Death and Flight Accident Insurance : While no one likes to think about it, accidents can happen. This coverage ensures that in the unfortunate event of a fatal accident or severe injury during your trip, a lump sum amount is provided to you or your beneficiaries.

When choosing a policy, it's essential to assess your needs, compare different providers, and read the fine print. Remember, the best policy is one that aligns with your travel plans and offers peace of mind.

Benefits of Travel Insurance for NRIs Visiting India

India is a land of diversity, from the snow-capped peaks of the Himalayas to the serene backwaters of Kerala. But travelling in such a diverse country comes with its set of challenges. That's where NRI Travel Insurance proves beneficial.

Medical Emergency Coverage : India is a sensory overload. The spicy food, the changing weather, the hustle and bustle can sometimes take a toll on one's health. With medical emergency coverage, you're protected against hefty hospital bills. Whether it's a bout of Delhi belly or a sprained ankle while playing cricket with childhood friends, the policy has got you covered.

Protection Against Travel Uncertainties : Missed flights, lost baggage, trip cancellations – the uncertainties of travel are many. But with the right insurance policy, these uncertainties don't have to disrupt your trip. If you've planned a week-long yoga retreat in Rishikesh and miss your connecting flight, the policy can cover the costs of rebooking.

Peace of Mind : Perhaps the most significant benefit of travel insurance is peace of mind. Knowing you're protected allows you to immerse yourself in the experience fully, be it exploring the streets of Jaipur or attending a cousin's wedding in Chennai.

Claim Process: What to Do in Case of an Emergency

Emergencies are unpredictable, but being prepare can make a world of difference. If you face an unforeseen event during your trip, knowing the claim process can be immensely helpful.

Steps to File a Claim : The first step is to inform the insurance provider immediately. Depending on the nature of the emergency, you might need to fill out specific claim forms. Ensure you provide all the necessary details accurately.

Required Documentation : The documentation varies based on the type of claim. For medical emergencies, you'd need medical bills and a doctor's report. For lost baggage, a report from the airline would be required. Always keep multiple copies of essential documents .

Tips for a Smooth Claim Process: Being prompt in informing the insurance provider, maintaining all necessary documentation, and being honest in your claim details are crucial for a hassle-free claim process.

FAQs related to NRI Travel Insurance

Q1. what is nri travel insurance, it's a specific insurance policy designed for non-resident indians visiting india, covering unforeseen events like medical emergencies, trip cancellations, and lost baggage., q2. can i purchase nri travel insurance after arriving in india, while it's recommended to buy insurance before travelling, some providers might offer policies even after you've arrived. however, there might be a waiting period., q3. does the insurance cover pre-existing medical conditions, coverage for pre-existing conditions varies by policy. some might offer coverage if the condition is stable, while others may exclude it., q4. how do i file a claim if i face a medical emergency in india, inform your insurance provider immediately, submit the necessary documentation like medical bills and reports, and follow the provider's claim process., q5. are adventure sports covered under nri travel insurance, coverage for adventure sports is typically not included in standard policies but can be added for an additional premium., q6. what should i do if i lose my baggage, report the loss to the airline, obtain a written report, and then inform your insurance provider to initiate the claim process., q7. can i cancel my travel insurance if my trip is cancelled, yes, most providers offer a cooling-off period (e.g., 14 days) during which you can cancel the policy and get a refund, provided you haven't started your trip or made a claim., q8. how is the premium for my travel insurance calculated,  premiums are based on factors like age, trip duration, destinations covered, and the type of coverage chosen., q9. can i extend my travel insurance policy if i decide to extend my trip, most providers allow policy extensions. inform them before the current policy expires and pay the additional premium., q10. does nri travel insurance cover trip cancellations due to personal reasons, coverage for trip cancellations depends on the policy. some might cover cancellations for specific reasons, while others might exclude personal reasons., q11. are natural disasters covered under travel insurance, many policies cover disruptions due to unforeseen natural disasters, but it's essential to check the policy details., q12. what's not covered under nri travel insurance, exclusions vary but often include pre-existing conditions, injuries from specific sports, and incidents under the influence of drugs or alcohol., q13. how soon should i inform the insurance provider about an incident, it's crucial to inform your provider as soon as possible, typically within 24 hours of the incident., q14. can i buy travel insurance for my elderly parents visiting me in india, yes, you can purchase insurance for your visiting parents, but premiums might be higher for older travellers., q15. does the policy cover outpatient treatment, some comprehensive policies cover outpatient treatment, while others might only cover hospitalisation. check the policy details., q16. what if i face a medical emergency in a remote area of india, many policies include emergency evacuation, ensuring you get medical attention even in remote areas., q17. are dental emergencies covered, some policies cover urgent dental care resulting from an accident, but routine dental treatments are typically excluded., q18. can i get a refund if i return earlier than planned, some providers offer prorated refunds for early returns, but terms and conditions apply., q19. how do i choose the best nri travel insurance for my needs, assess your travel plans, compare different providers, read customer reviews, and understand the coverage and exclusions., q20. what documents do i need to buy nri travel insurance, typically, you'd need a valid passport , travel itinerary, and any other document the insurance provider specifies..

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Top Travel Insurances for India You Should Know in 2024

Byron Mühlberg, writer at Monito.com

Monito's Managing Editor, Byron has spent several years writing extensively about financial- and migration-related topics.

Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.

Known for its explosion of rich culture, colour, and food, India is an attractive travel destination for travelers on a budget. Whether you're travelling to India to experience the country's cultural heritage, visit its iconic landmarks and natural attractions, take part in adventure sports, or enjoy delicious and diverse cuisine, you will find India an excellent travel destination! Although travelling to India can be an accessible holiday destination for many people, and although healthcare costs in the country aren't outrageously expensive, it's still a very good idea to arrive there with travel insurance anway, as you'll want the highest-quality healthcare you can find.

Luckily, online global insurances (known as 'insurtechs') specialize in cost-savvy travel insurance to India and other countries worldwide. Our list below explores the four services we believe provide the best deals for young travellers, adventurers, everyday holidaymakers looking for comprehensive but affordable coverage, and longer-term expats.

India Insurance Profile

Here are a few of the many factors influencing the scope and cost of travel insurances for India:

Best Travel Insurances for India

  • 01. Should I get travel insurance for India? scroll down
  • 02. Best medical coverage: VisitorsCoverage scroll down
  • 03. Best trip insurance: Insured Nomads scroll down
  • 04. Best mix for youth and digitial nomads: SafetyWing scroll down
  • 05. FAQ about travel insurance to India scroll down

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  • 💬 Want to learn the local language? Babbel and italki are two excellent apps to think about.
  • 💻 Want a VPN? ExpressVPN is the market leader for anonymous and secure browsing.

Do I Need Travel Insurance for India?

No, there's no legal requirement to take out travel insurance for India.

However, regardless of whether or not it's legally required, it's always a good idea to take our health insurance before you travel — whether to India or anywhere else. For what's usually an affordable cost , taking out travel insurance will mitigate most or all of the risk of financial damage if you run into any unexpected troubles during your trip abroad. Take a look at the top five reasons to get travel insurance to learn more.

With that said, here are the top three travel insurances for India:

VisitorsCoverage: Best Medical Coverage

Among the internet's best-known insurance platforms,  VisitorsCoverage  is a pioneering Silicon Valley insurtech company that offers comprehensive medical coverage for travellers going abroad to India. It lets you choose between various plans tailored to meet the specific needs of your trip to India, including coverage for medical emergencies, trip cancellations, and travel disruptions. With its easy online purchase process and 24/7 live chat support, VisitorsCoverage is a reliable and convenient option if you want good value and peace of mind while travelling abroad.

Get a quote 🡪

  • Coverage 9.0
  • Quality of Service 9.0
  • Pricing 7.6
  • Credibility 9.5

VisitorsCoverage offers a large variety of policies and depending on your needs and preferences, you'll need to compare and explore their full catalogue of plans for yourself. However, we've chosen a few highlights for their travel insurance for India:

  • Policy names: Varies
  • Medical coverage: Very good. Includes coverage for doctor and hospital visits, pre-existing conditions, repatriation, mental health-related conditions, and many others.
  • Trip coverage: Excellent - but only available for US residents.
  • Customer support: FAQ, live chat and phone support
  • Pricing range: USD 25 to USD 150 /traveller /month
  • Insurance underwriter: Lloyd's, Petersen, and others
  • Best for: Value for money and overall medical coverage

Insured Nomads: Best Trip Coverage

Insured Nomads is another very good travel insurance option, especially if you're adventurous or frequently on the go and are looking for solid trip insurance with some coverage for medical incidents too. With Insured Nomads, you can choose the level of protection that best suits your needs and enjoy a wide range of benefits, including 24/7 assistance, coverage for risky activities and adventure sports, and the ability to add or remove coverage as needed. In addition, Insured Nomads has a reputation for providing fast and efficient claims service, making it an excellent choice if you want peace of mind while exploring the world.

Get a quote 🡪

  • Coverage 7.8
  • Quality of Service 8.5
  • Pricing 7.4
  • Credibility 8.8

Insured Nomads offers three travel insurance policies depending on your needs and preferences. We go through them below:

  • Policy names: World Explorer, World Explorer Multi, World Explorer Guardian
  • Medical coverage: Good. Includes coverage for doctor and hospital visits, pre-existing conditions, repatriation, and many others.
  • Trip coverage: Good. Includes coverage for trip cancellation and interruption, lost or stolen luggage (with limits), adventure and sports activities, and many others.
  • Customer support: FAQ, live chat, phone support
  • Pricing range: USD 80 to USD 420 /traveller /month
  • Insurance underwriter: David Shield Insurance Company Ltd.
  • Best for: Adventure seekers wanting comprehensive trip insurance

SafetyWing: Best Combination For Youth

SafetyWing is a good insurance option for younger travellers or digital nomads because it offers flexible but comprehensive coverage at a famously affordable price. With SafetyWing, you can enjoy peace of mind knowing you're covered for unexpected medical expenses, trip cancellations, lost or stolen luggage, and more. In addition, SafetyWing's user-friendly website lets you manage your policy, file a claim, and access 24/7 assistance from anywhere in the world, and, unlike VisitorsCoverage, you can even purchase a policy retroactively (e.g. during a holiday)!

Get a quote 🡪

  • Coverage 7.0
  • Quality of Service 8.0
  • Pricing 6.3
  • Credibility 7.3

SafetyWing offers two travel insurance policies depending on your needs and preferences, which we've highlighted below:

  • Policy names: Nomad Insurance, Remote Health
  • Medical coverage: Decent. Includes coverage for doctor and hospital visits, repatriation, and many others.
  • Trip coverage: Decent. Includes attractive coverage for lost or stolen belongings, adventure and sports activities, transport cancellation, and many others.
  • Pricing range: USD 45 to USD 160 /traveller /month
  • Insurance underwriter: Tokyo Marine HCC
  • Best for: Digital nomads, youth, long-term travellers

How Do They Compare?

Interested to see how VisitorsCoverage, SafetyWing, and Insured Nomads compare as travel insurances to India? Take a look at the side-by-side chart below:

Data correct as of 4/1/2024

FAQ About Travel Insurance to India

Travel insurance typically covers trip cancellation, trip interruption, lost or stolen luggage, travel delay, and emergency evacuation. Some travel insurance packages also cover medical-related incidents too. However, remember that the exact coverage depends on the insurance policy.

No, you'll not be required to take out travel insurance for India. However, we strongly encourage you to do so anyway, because the cost of healthcare in India can be high, and taking out travel insurance will mitigate some or all of the risk of covering those costs yourself if you need medical attention during your stay.

Yes, medical travel insurance is almost always worth it, and we recommend taking out travel insurance whenever visiting a foreign country. Taking out travel insurance will mitigate some or all of the risk of covering those costs yourself in case you need medical attention during your stay. In general, we recommend VisitorsCoverage to travellers worldwide because it offers excellent value for money and well-rounded travel and medical benefits in its large catalogue of plans.

Health insurance doesn't cover normal holiday expenses, such as coverage for missed flights and hotels, but in case you run into medical trouble while abroad, it may cover some or all of your doctor or hospital expenses while overseas. However, not all health insurance providers and plans offer coverage to customers while abroad, and that's why it's generally best to take out travel insurance whenever you travel.

Although there's overlap, health and travel insurance are not exactly the same. Health insurance covers some or all of the cost of medical expenses (e.g. emergency treatment, doctor's visits, etc.) while travel insurance covers non-medical costs that are commonly associated with travelling (e.g. coverage for missed flights, stolen or lost personal belongings, etc.).

The cost of travel insurance depends on several factors, such as the length of the trip, the destination, the age of the traveller, and the level of coverage desired. On average, travel insurance can cost anywhere between 3% and 10% of the total cost of the trip.

A single-trip travel insurance policy covers a specific trip, while an annual one covers multiple trips taken within a one-year period. An annual policy may be more cost-effective for frequent travellers.

Yes, you can sometimes purchase travel insurance after starting your trip, but it is best to buy it before the trip begins to ensure maximum coverage. If you do need to buy insurance after you've started your trip, we recommend VisitorsCoverage , which offers a wide catalogue of online trip and medical insurance policies, most of which can be booked with immediate effect. Check out our guide to buying travel insurance late to learn more.

Yes, you can most certainly purchase travel insurance for a trip that has already been booked, although we recommend purchasing insurance as soon as possible aftwerwards to ensure all coverage is in place before your journey begins. Check out our guide to buying travel insurance late to learn more.

See Our Other Travel Insurance Guides

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Looking for Travel Insurance to Another Country?

See our recommendations for travel insurance to other countries worldwide:

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TATA AIG LOGO

Secure Your Travel With Our Travel Insurance Plan!

Travel insurance, let’s get you started on your travel insurance journey.

Picture this – you’re about to set off on an exciting holiday. You’ve got your travel visa, your tickets, hotel bookings and everything else in order. You land at your destination and find that your luggage has been misplaced. Or worse, you’re the victim of theft and you are left in a foreign country without your passport or any cash! Dealing with these situations can be expensive and difficult – especially if you’re in a country where you don’t speak the language. But that’s precisely why travel insurance is so crucial!

Travel insurance is the assurance that your journey will be protected and insured from possible risks that may come unexpectedly on unknown lands. Travel insurance is a unique product that offers you financial help in case something were to go wrong while you’re travelling. It covers a range of scenarios, including medical and dental emergencies, theft of your money or passport loss , flight cancellation and misplaced or lost luggage.

Depending on where you’re going, the purpose of your visit and how often you travel, you can select a travel insurance policy that best suits your needs. A single-trip travel insurance plan is ideal if you’re travelling domestically or internationally and only travel once in a while, a single trip travel insurance can be purchased for yourself or for your family, for more information, check our family travel insurance . If you travel often for work, you may want to opt for a multi-trip travel insurance plan or an annual travel insurance plan. This way, you can save on the hassle of applying for a new travel insurance policy before each trip. We also offer customised travel insurance plans for senior citizens and students who are heading abroad to continue their education. No matter what your travel needs, we’ll find a travel insurance policy for you

insurance

Travel Insurance With COVID-19 Covered*

Start every journey with a travel insurance plan, what’s covered under tata aig travel insurance, our travel insurance policy will help you take care of a number of situations, ensuring the mental peace you truly deserve:, covid-19 covered.

Accident & Sickness Medical Expense Under the Accident & Sickness Medical Expense, Travel insurance with COVID-19 covered compensates for the medical expenses incurred by the insured because of being diagnosed with COVID-19 outside the Republic of India during the trip duration & is hospitalized. The policy provides coverage against Medical expenses upto the limit mentioned in the policy schedule.

Trip Cancellation Compensation benefit under Trip Cancellation is offered if the insured, the insured’s Travel Companion or The Immediate family of the insured or the Insured’s Travel Companion are diagnosed with COVID-19 before commencing their international trip. They cannot travel until they have received a negative COVID-19 report. If one has a valid travel insurance plan and they cancel a booked trip as a result of COVID-19, we will reimburse you the unused and non-refundable amount of your prior bookings, such as hotel booking, and ticket costs. You would be eligible for these benefits only if you booked and paid for such services before being diagnosed with COVID-19.

Trip Curtailment/Interruption Benefits If you are travelling with Travel insurance with COVID-19 covered and you, your Travel Companion, your immediate family or your Travel companion’s immediate family are diagnosed with COVID-19 during your trip, as a result of which, your trip has to be cut short, we will reimburse the trip interruption expenses. These expenses will be inclusive of the pre-paid and unused portion of travel and accommodation expenses, which are non-refundable; additional accommodation and travel expenses incurred due to trip interruption, subject to the sum insured limit.

Automatic extension Given the current circumstances, it is too early to predict if a lockdown will be enforced in the future. Consider the possibility of being trapped on vacation overseas because the country announced a statewide lockdown due to COVID-19. Flight delays or cancellations are extremely dangerous under such circumstances. Tata AIG Travel insurance coverage will cover your trip extension for a maximum period of 7 days if a lockdown is imposed in the destination country and no alternative mode of transport is available. Subject to Terms & conditions.

Baggage Covers

Delayed Baggage Almost everybody has a story about a time when they travelled and their luggage was accidentally sent elsewhere or unnecessarily delayed. If this happens and you have our travel insurance policy, you can rest easy. Your travel insurance plan will help cover the cost of any necessary personal items that you need to purchase until your bag can reach you.

Lost Baggage Having your baggage delayed is one thing, but if your bag is lost or stolen, managing the situation can be incredibly difficult. Luckily, our travel insurance policy can help you deal with this issue. Depending on the travel insurance policy terms, we will help reimburse you for the items in your luggage.

Journey Covers

Lost Passport Obtaining a new passport in a foreign country isn’t always easy. Your international travel insurance policy will help you with the necessary and reasonable expenses that are attached to getting a new passport made.

Assistance While Travelling If things go a bit wrong when you’re out of the city, you may need some assistance. Our travel insurance plan will help provide you with all necessary assistance required, right from legal help to getting lost luggage and passports replaced. Our travel policy will even help with emergency travel services, cash transfers and advances.

Personal Liability Accidents can happen at any time under any circumstance. If you happen to be involved in an accident where somebody else is harmed or injured, it could cost you quite dearly. Our travel insurance policy will help cover any damage caused to any third-party individual or property while you’re travelling. It’s important to remember that the travel policy will not cover your family members or individuals who live with you.

Hijack Help Our travel insurance policy will offer something known as distress allowance in case the flight that you’re travelling on is hijacked.

Delayed Flights Bad weather or a local strike could delay your flight by more than 12 hours. If this is the case, you might have to book another night’s stay at a hotel or incur some other additional expenses. Our travel insurance policy will help you take care of these expenses if your flight happens to be delayed.

Policy Extension Your travel insurance policy term often depends on the length of your trip. But, there are certain situations in which your flight may be cancelled or delayed for several days. We will automatically extend the term of cover of our travel insurance policy for seven days in case your flight is cancelled or delayed and you don’t have any other travel options available.

Trip Curtailment or Cancellation In case there’s an emergency and you have to travel back or cancel your entire trip, don’t worry. Our travel insurance plan will reimburse you for any unused, non-refundable hotel and travel expenses.

Medical Covers

Medical Emergencies Your travel insurance policy will help you deal with the financial implications that come with meeting with an accident or falling ill while you’re travelling. The policy will cover everything right from a regular illness that requires hospitalisation to dental emergencies and even fatalities. If you happen to fall ill or meet with an accident at the tail-end of your journey, you don’t have to worry. If you’re in hospital and your policy expires, we will continue to cover you for the next 60 days or until you are discharged, whichever is earlier.

Medical Evacuation Your travel insurance policy is your friend in times of need. If you require emergency medical evacuation to the nearest hospital, this policy will take care of that. In case you need to be evacuated and brought back to India for medical treatment, the travel insurance policy will look after that as well.

Accidental Death and Repatriation We don’t want to think about it, but it’s possible that an accident or medical emergency abroad could end up being fatal. TATA AIG’s travel insurance policy will provide your nominee with the full sum insured amount if this happens. We will also take care of the cost of repatriating the insured individual’s remains back to their city of residence.

Compassionate Visit If you need somebody to help you out when you’re in hospital, we’ll provide a two-way ticket for a family member to come and take care of you.

Interruption of Study If you’ve purchased a student travel insurance policy , this is especially for you. If have to interrupt your education because you or a family member are ill, we’ll reimburse you any unused tuition fee.

*Kindly check the policy wordings for a complete understanding of the product offerings, inclusions and exclusions.

Advantages Of TATA AIG Travel Insurance

When you’re travelling abroad, we’ll help you take care of the cost of treatment for COVID-19 if you test positive in the middle of your trip & re quires hospitalization

Affordable International Policies

Our travel insurance policies will not cost you too much. You can enjoy care-free travel for as little as INR 40.82 per day when you’re travelling internationally.

Affordable Domestic Policies

Explore the many beauties scattered across India and get travel insurance cover for just INR 26 per day!

Instant Policy Purchase

You can buy a TATA AIG travel insurance policy online with just a few easy clicks. We don’t need extensive paperwork on a health check-up!

Hassle-Free Claim Procedure

We actually mean it when we say we make travel insurance claims simple. Tata AIG understands how much money and time you have already invested in your travel. That is why we have kept all of our procedures extremely easy, fast, and paperless since we believe that everything should be digital. As a result, there is no need for hardcopy evidence. For us, a simple upload on our portal works.

24/7 Customer Assistance

A decent travel insurance coverage is unaffected by time zones. Whatever time it is in your corner of the world, competent support is only a phone call away owing to our in-house claim settlement and customer assistance team. We are ever-ready to assist you every step of the way.

What Our Customers Are Saying

full

Ease of doing business

Online policy, very fast and immediately policy certificate, great n superb experience

The website is friendly and easy to use.

Seamless experience

The buying of the policy had to wait till we received the Covid-19 Negative from diagnostics though we both have taken first and second Vaccination Doses.

The buying process has been exceedingly convenient.

Hope your claims payment (if at all we need any) is as good and fast as the buying of the policy has been.

I TRUST in TATA AIG and have insured my cars too.

Really smooth...and great clean interface... God forbid we have to use the policy during travel...I hope the support for same is as good or better.

Value for money

User friendly site

Trust in TATA product. Keep the faith in the Indian customer.

Good processing and excellent insurance

I am not sure if there is any other insurance company in india which is providing Covid 19 coverage for travel insurance

Ease of processing very good. Policy document provided all the details given while filling the online application form

Best of the rest

Easy and convenient

Great Buying Experience

its very fast, easy to get. No hassles

The Perfect Travel Insurance Plan 

A good and user-friendly travel insurance package will make your vacation a memorable one. It protects you at various stages, with financial coverage being the primary focus. Selecting the finest travel insurance package for your family and yourself should not be rushed. Choose intelligently and save money by not taking the first choice you see for hassle-free and safe travel. A travel insurance policy acts as a cushion to absorb the impact of a misstep, making your vacation more enjoyable and memorable.

This is why TATA AIG offers multiple travel insurance plans. We have specialised travel insurance policies for domestic and international travel. Additionally, we have customised travel insurance policies for senior citizens and students who are heading abroad to expand their horizons. Let’s take a look at what each travel insurance policy offers, so you can find the right one for you. To know what to look for in a Travel Insurance, check our Best Travel Insurance Plan Guide. To Understand the various types of Travel Insurance Plans we offer & to understand how to compare in between them, check our Compare Travel Insurance resource.

International Travel Insurance

Travelling to a foreign country, whether for work or vacation , doesn’t have to be stressful. With our international travel insurance policies, you can rest easy knowing that we’ll help you out should anything go wrong. Right from small inconveniences, such as having your bag arrives late, to serious issues like medical emergencies and evacuation, TATA AIG’s international travel insurance plan will be with you at every step of the journey. We highly recommend this travel insurance policy for everybody headed outside the country. If you’re likely to make multiple trips in a single year, we recommend our multi-trip travel insurance plan.

Domestic Travel Insurance

Just because you aren’t travelling abroad, it doesn’t mean you don’t need travel insurance. This travel insurance plan will help you deal with various situations while you’re travelling across India. Right from reimbursing you for the cost of lost tickets to taking care of you after an accident while you’re out of town, this travel insurance policy is your ideal travel partner! If you travel very often, we recommend that you opt for our multi-trip travel insurance policy. This makes it easier for you to go on quick trips without having to apply for a new travel insurance plan each time.

Student Travel Insurance

We would like to support you as you follow your dreams. This is precisely why we’ve created a specialised student travel insurance policy. If you’re between the ages of 16 and 35 and you’re about to head abroad to further your education, this is the travel insurance plan for you. Apart from the usual travel insurance cover, this policy additionally provides cover for unique situations, such as reimbursing students the tuition fee if they’re unable to complete a semester due to a medical emergency. This travel insurance plan also provides cover for compassionate visits, ensuring you don’t have to be alone if you’re hospitalised!

Senior Citizen Travel Insurance

Why should young people have all the fun? Travel insurance for senior citizens is suitable for people over the age of 70, much like health insurance is adapted to the age factor. The elderly enjoy travelling after retirement, and they frequently travel alone or in pairs. This sort of plan shields them against unforeseen events. Senior citizens over the age of 70 can travel and enjoy the world just as much as their children and grandchildren. Our senior citizen travel insurance policy has been created keeping their needs in mind. This travel insurance plan offers additional cover for medical emergencies, including dental coverage, emergency medical evacuation and the repatriation of remains.

What’s Not Covered By TATA AIG's Travel Insurance Plan?

Even while we would prefer to cover all conceivable risks, many circumstances are simply not practical. We prefer total openness with our consumers. So here is what our travel insurance plans don't cover:

Baggage Exclusions

  • Loss of baggage will not be covered in cases where you have shipped the items separately or before your travel date.
  • It will also not be covered in cases where your travel insurance policy does not cover the geographic region. For example, under a student travel insurance policy, if the bags are lost in India, it will be not be covered.
  • If you do not report that your luggage, documents or personal belongings have been stolen to the relevant authorities, you cannot make a legitimate claim for them against your travel insurance policy.

Journey Exclusions

Under certain circumstances, we will not be able to settle claims against your travel insurance policy. These circumstances include:

  • Involvement in illegal activities, including felony, theft, deceit or other malicious acts.
  • Participation in adventure sports, like skydiving, scuba diving, or mountain diving will not be covered under our travel insurance plans.
  • Undertaking manual labour or work that could potentially harm you or be dangerous for your health.

Medical Exclusions

Your claim request against your travel insurance plan will not be entertained if

  • You have travelled against the advice of your doctor
  • You suffer from a complication or require assistance due to a pre-existing health condition
  • You have injuries that are self-inflicted
  • Your claim is for pregnancy or a related issue, including birth control or surgical procedures
  • The issue is related to a sexually transmitted disease, mental disorder, and injuries due to the consumption of alcohol or drugs that were not medically prescribed.

Did Not Find What You Were Looking For?

When, where and how to choose travel insurance, purchasing a travel insurance policy requires a lot of thought and consideration. to help you with your decision, here’s a look at some important factors you must consider before choosing a travel insurance policy:, destination.

Your travel insurance policy will depend largely on your destination. For starters, you must decide whether you’re travelling internationally or domestically. Based on this, you can narrow down your options. If you’re travelling internationally, it’s important that you check the travel insurance requirement of various countries. For example, certain countries will not issue you a travel visa unless you can show that you have sufficient cover in your travel insurance policy.

Travel Frequency

The kind of travel insurance policy you buy will depend on how often you intend to travel. If you travel very frequently, a multi-trip travel insurance plan might be ideal for you. These plans allow you to enjoy multiple trips without you having to apply for a new travel insurance policy each time. On the other hand, if you only travel once in a while, then a single trip travel insurance policy might be better for you. You can easily apply for your travel insurance policy online and have it issued without the need for a pre-policy check-up.

Duration Of The Trip

While picking a travel insurance plan, you must keep the length of your trip in mind. It’s a good idea to pick a travel insurance policy of a duration that slightly exceeds your actual trip dates. Ideally, you should be able to find a plan that offers cover for more days without it affecting your premium. This way, if you have to extend your trip for a few days, you don’t risk losing your cover.

People Travelling

If you’re travelling alone, you can purchase a travel insurance policy just for yourself without any worries. If you’re travelling with your family, you should add each member to your insurance policy. Make sure you tell us how many of you are travelling before you purchase the policy and we’ll do the needful. This makes it much easier for you to keep track of everybody’s paperwork.

Claim Limit

This is possibly one of the most important factors that will influence your decision. Every travel insurance policy has a limit as to how much they will pay for various claims . For example, you will receive a specified sum in case your bags are lost or stolen. Even in medical emergencies, you must keep your sum insured amount and claim limit in mind. If you have a low claim limit, it may not be enough to take care of all kinds of medical emergencies while you’re travelling. Depending on where you’re going and how long you’re travelling for, you should pick a suitable sum insured for your travel insurance policy. A higher sum insured will lead to a higher premium, but it will come in handy if you require to file a claim while you’re travelling.

How To Buy Travel Insurance Online?

Purchasing a travel insurance policy requires a lot of thought and consideration. To help you with your decision, here’s a look at some important factors you must consider before choosing a travel insurance policy: To understand the factors that effect your travel insurance premium, check our Travel Insurance Premium Calculator

If you like, you can read about our various plans and take a look at what each offers. Or, you can decide to purchase travel insurance right away.

If you’re heading to multiple cities or countries, don’t worry. We offer plans for that as well. Type in all the countries or cities you’re visiting and how long you’ll be travelling for. We’ll use this information to curate the best travel insurance policy options for you.

If you’re travelling alone, you just need to enter your date of birth. If you’re travelling with family members, you can add them to the same travel insurance policy. You have the option to add your spouse, children and parents to the policy as well. Let us know who you’re travelling with and their dates of birth as well.

Depending on your needs, we’ll curate three plans for you. If you aren’t sure how the plans differ, you can use our ‘Compare’ option to see what kind of additional benefits or different sums insured each travel insurance plan offers. If you’re concerned about the cost, you can also view our premium break-up, so you know exactly what you’re paying for. After comparing the plans, you can pick the one that best fits your needs.

The last thing you need to do is provide us with a few more details and pay the premium amount. The minute you do this, we’ll issue your travel insurance policy and send a copy to your email inbox!

How Can I Make A Travel Insurance Claim?

For Policies that Cover Only India Travel Give us a call on +1 800 11 99 66 from BSNL/MTNL Landline Call these local helpline numbers in your respective cities from any other line: Mumbai - 66939500 Pune – 66014156 Delhi – 66603500 Bangalore – 66272829 Chennai – 66841050 Hyderabad – 66629882 Ahmedabad – 66610201 If you are a senior citizen, give us a call on + 1 800 22 99 66 Or, send an email to [email protected]

Domestic Claim

International claim (non america travel).

For Non - Americas Policies:

  • Call: +91 – 022 68227600 (Call back facility available)
  • Email: [email protected]
  • E-claims: https://eclaimsuat.europassistance.in/nearestLocations4

International Claim (America Travel)

For Americas Policies Number

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Frequently Asked Questions

Policy related, service related, why do i need travel insurance, what is the best travel insurance policy, does the tata aig travel insurance policy some with a free-look period, do i get a grace period for my travel insurance policy, can i buy travel insurance after leaving the country, will pre-existing diseases be covered under my travel insurance policy, will i be refunded if i cancel my travel insurance coverage, how does a travel insurance policy work, can an individual purchase international travel insurance after they have booked their trip, how do i check the status of my travel insurance policy, what happens if my claim is rejected, how do i make a claim against my travel insurance, how would my policy assist me if i misplace my passport, how is a policyholder covered if they have an accident and incur injuries or loss, what documents are needed when filing a travel insurance claim, understanding travel insurance terminology.

  • Accident Any unplanned mishap that happens due to no fault of the insured or others. It could lead to injury or a fatality.
  • Act of Terrorism Any act of violence from an individual attempting to gain control of or overthrow a government that leads to major damage or loss of life.
  • Common Carrier Any commercial individual or organisation that deals in the movement of people and goods from one place to another, such as a commercial airline.
  • Condition Precedent A condition upon which the insurance provider agrees to provide cover.
  • Congenital Anomaly Any condition that is present in the insured individual since birth and is considered to be abnormal in structure, form or position.
  • Deductible A deductible is a small amount that the insured individual is required to pay every time they file a claim against their international student travel insurance policy.
  • Disease/Illness Any pathological condition that impairs your body’s normal physiological functions. For cover, the disease or illness should show first signs or symptoms while the policy is in effect and should require medical treatment.
  • Educational Institution A school, vocational institute, college, polytechnic, university or institute of higher learning that has the license to provide educational services by trained or qualified teachers and where the inured individual is a full-time student.
  • Equipment Failure A sudden or unforeseen breakdown of the common carrier’s equipment, which results in a delay or interruption of the insured’s scheduled trip.
  • Free Look Period A period of 15 days, from the day the insured receives the policy documents for a student travel insurance policy. During this time, the insured can look over the documents and choose to cancel the policy without incurring substantial cancellation charges.
  • Grace Period A specific period of time, immediately following the premium due date, during which the insured can still pay the premium and continue to enjoy continuity benefits of getting cover.
  • Hospitalisation Any instance in which the insured individual has to be admitted into a hospital for a minimum of 24 hours to receive treatment.
  • Immediate Family Member An immediate family member refers to the insured’s legal spouse, siblings, siblings-in-law, legal children, parents, parents-in-law, legal guardian, and step-parents who reside in India.
  • Inclement Weather Severe weather conditions, such as storms, that delay the scheduled arrivals or departures of common carriers.
  • Inpatient/Inpatient Care Any treatment for which an individual needs to stay in a hospital for over 24 hours for a covered event.
  • Insured Journey This refers to any trip that the insured individual takes within the policy term. It commences once the individual boards the aircraft for an onward journey and expires on their [arrival](https://www.tataaig.com/travel-insurance/visa-on-arrival-for-indians) back to their city or town of residence or when the policy is set to expire – whichever is earlier.
  • Insured Period(s) This refers to the period of time, starting with the effective date and ending with the end date declared in the policy documents, during which the insured individual can get cover for their travel.
  • Insured Person The individual, who is a permanent resident of India, and has purchased a travel insurance policy from us.
  • Land/Sea Arrangements All pre-paid travel arrangements made for a scheduled trip or cruise for which insurance has been purchased and is arranged by a tour operator, travel agent, cruise line or other organisation.
  • Medical Advise A consultation or advice received from a medical practitioner, including the issue of any prescriptions.
  • Medical Expenses Expenses that the insured individual has incurred due to an illness or required medical treatment on the advice of a qualified medical practitioner.
  • Medically Necessary Any treatments, tests or hospital stays that are required for the medical management of an illness on the advice of a qualified medical practitioner.
  • Nervous Disorder A central nervous system disorder that requires the insured person to incur certain covered medical expenses.
  • Notification of Claim The process by which the insured individual informs the insurance provider or their TPA that they require to make a claim against the policy.
  • Pre-Existing Condition Any ailment, injury or related condition for which you have been diagnosed or had symptoms of or received treatment for in the 48 months prior to the date when the trip is scheduled to start.
  • Professional Sports Any sport that the insured plays for which they receive remuneration that makes up 50% or more of their livelihood.
  • Reasonable Additional Expense Expenses for services or supplies that are absolutely necessary due to an illness or injury.
  • Reasonable and Customary Charges Standard charges for services or supplies that the insured is required to pay to get the required help or treatment.
  • Room Rent The amount that a hospital or medical facility charges per day for an individual to occupy a bed.
  • Single Trip Insurance A single given trip that is specified on the policy schedule with a beginning date and an expiration date.
  • Scheduled Airline Any civilian aircraft that is operated by a civilian air carrier that holds a valid certificate, license or similar authorisation from the country’s aircraft registry. The airline must carry out all operations in accordance with the country’s rules and regulations.
  • Serious Injury or Sickness Any injury that a qualified physician declares to be dangerous to the insured’s life.
  • Sickness Any illness that first showed symptoms or was contracted after the policy has come into effect.
  • Sound Natural Teeth Natural teeth that have not been altered in any way or simply restored to their normal function. The restored teeth should be disease- and decay-free and should not be more susceptible to injury or damage than unaltered natural teeth.
  • Sponsor The individual responsible for paying the tuition fee for the insured individual while they are studying at an educational institution outside their home country.
  • Strike Labour disagreements that end up interfering with the normal arrivals and departures of common carriers as per the definitions offered by the authorities of each respective country.
  • Subrogation Any situation in which the insurance provider, on behalf of the insured individual, takes legal action against a third party that caused injury or loss to the insured.
  • Sub-limits Sub-limit refers to the maximum amount that the insured individual will receive for any particular claim as per the amounts provided in the policy schedule. For certain claims, there is no sub-limit and the maximum sum insured can be paid.
  • Sum Insured The maximum amount of coverage your international student travel insurance provider will have to pay in case of various injuries or loss.
  • Travelling Companion Refers to two named individuals who are booked to travel along with the insured on the trip.
  • Trip Any insured journey that the insured individual takes during the course of the policy term. The journey must start and end in India and should be to a destination outside of India.
  • Tuition All legally required registration fees charged by an accredited educational institution for the required courses and any laboratory or extra-curricular course fee as well. This does not include the costs associated with purchasing text books, learning materials or boarding and lodging.
  • Unproven/Experimental Treatment that does not have an established medical practice, including drug experimental therapy.
  • Accidental Death and Dismemberment Any accident that causes the loss of life, sight, or limbs while travelling.
  • Accommodation It refers to any establishment that charges a fee for temporary overnight housing and requires bookings.
  • Pandemic An outbreak of an infectious disease or illness that spreads swiftly and extensively and is classified by the CDC (Centers for Disease Control and Prevention).
  • Coverage Period The total length of time that a travel policy will cover you during a trip
  • Premium It is the sum of money that an insured individual must pay to the insurance company in exchange for the insurance policy. The premium cost varies based on the insurance coverage you select. It is worth noting that choosing a greater deductible may decrease your monthly payments, but the quality of protection will be lesser, and you may be exposed to higher charges in the event of an accident.
  • Reimbursement The amount of money that an insurance company will pay you for medical treatment or hospital fees that you have previously spent is referred to as reimbursement or compensation.
  • Policyholder The policyholder, often known as the policy owner, is the individual who purchases the insurance policy and pays the premiums. The insured may or may not be the policy owner. For example, Kritika is free to purchase an insurance policy for her husband Swapnil; in such an instance, Kritika is the policyholder and her husband is the insured party, meaning he's the only one who would get benefits under the terms of the policy.
  • Foreseeable Event It is one that was reasonably anticipated prior to the purchase of the plan. When it is feasible for persons heading to a region to be aware of an occurrence, it becomes predictable. For example, if the airline you're travelling with declares a strike, the event becomes predictable after they make the announcement.
  • Physician It is defined as a person who is licenced as a medical doctor by the jurisdiction in which he or she resides and who practises the healing arts. They must be practising within the extent of their licensure for the service or treatment provided and cannot be you, a travelling companion, or a family member.
  • Trip Cost It refers to the costs of your travel arrangements that you paid before leaving on your trip and would be lost if your trip was cancelled. This covers flights, cruises, lodgings, excursions, entertainment, and other fees that you may incur if you are unable to travel.
  • Maximum Policy Coverage The maximum amount of compensation that will be paid for expenditures covered by a policy.
  • Insured Journey This refers to any trip that the insured individual takes within the policy term. It commences once the individual boards the aircraft for an onward journey and expires on their arrival back to their city or town of residence or when the policy is set to expire – whichever is earlier.
  • Single Trip Insurance These plans have a one-time premium charge and are only good for one trip. This is best suited for infrequent travellers and often provides no more than 6 months of coverage.
  • Multi-Trip Travel Insurance For frequent flyers, multi-trip travel insurance policies are the best options. These plans have a yearly validity period and need a premium payment each year. Travellers are protected for any number of trips they take during this time period.
  • Subrogation It occurs when an insurance company reimburses its insured for injuries or losses caused by a third party. If a third party caused harm, the insurer can still sue the third party to collect the lost money.

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2008, Tata AIG General Insurance Company Limited, all rights reserved. Registered Office : Peninsula Business Park, Tower A, 15th Floor, G.K.Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India. CINNumber : U85110MH2000PLC128425. Registered with IRDA of India Regn. No. 108. Category of Certificate of Registration: General Insurance. Insurance is the subject matter of the solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure / policy wording carefully before concluding a sale. Trade logo displayed above belongs to Tata Sons Private Limited and AIG and used by TATA AIG General Insurance Company Limited under License. Toll Free Number : 1800 266 7780 / 1800 22 9966 (only for senior citizen policy holders). Email Id – [email protected] .

2008, Tata AIG General Insurance Company Limited, all rights reserved. Registered Office : Peninsula Business Park, Tower A, 15th Floor, G.K.Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India. CINNumber : U85110MH2000PLC128425. Registered with IRDA of India Regn. No. 108. Insurance is the subject matter of the solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure / policy wording carefully before concluding a sale. Trade logo displayed above belongs to Tata Sons Private Limited and AIG and used by TATA AIG General Insurance Company Limited under License. Toll Free Number : 1800 266 7780 / 1800 22 9966 (only for senior citizen policy holders). Email Id – [email protected] .

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All transactions, whether they are financial or of any other nature, must be conducted exclusively through our branch offices, our online portals www.bajajallianz.com , our insurance agents or POSPs, or via insurance intermediaries registered with IRDAI who are engaged in solicitation. If you require additional clarification, please write to us at [email protected]

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What is Travel Insurance?

What is Travel Insurance?

Travel Insurance offers coverage against various types of emergencies like medical expenses. The medical expenses involve medical evaluation and repatriation, detaining checked-in baggage or absolute loss of checked-in baggage, forgotten connections, financial emergency assistance, and so on. 

A travel insurance policy is an important piece of documentation that is beneficial when you travel abroad. We must buy a travel insurance policy in advance to cover the dates you’ve travelled on. Not only this, but travel insurance also provides you with the freedom to enjoy your trip without any interruptions. 

So, always make sure that you have the right travel insurance policy that covers all your needs and can be bought online. Buying travel insurance online would help you to stay secure in case of a mishap. Bajaj Allianz offers travel insurance plans for adventurous travellers and senior citizens. Travel insurance can be availed for multiple or single trips, depending on your needs and budget. 

The multi-trip travel insurance plan is handy for the frequent travellers and it insures all the multiple trips within the specified duration. The cost and coverage of travel insurance depending on the nature of the trip. 

Always remember that a travel insurance policy is an investment because it’s something that you’re doing for yourself and your loved ones to keep them safe. Now, you can select a travel insurance policy online sitting at the comfort of your home. We’re just a click away waiting for you with the best travel insurance plans in India. 

Why Do You Need Travel Insurance?

You need a travel insurance policy for various reasons like -

✓   Overseas medical emergencies

✓   Delayed flights

✓   Country/Visa Requirements

✓   Loss/Delay of Luggage

✓   Cover for Natural Calamities or Human-made Disasters

✓   Missed Flights/ Trip Cancellation

✓   Study interruptions

✓   Flight hijack

Do You Need A Travel Insurance Policy?  : If that’s the question you’re battling with, read on to check the answer to this question! Medical expenses usually cost 3 to 5 times more in foreign countries. Around 25 million baggage are mislaid by airlines every year. Travel scams are very common in tourist-heavy countries. 

So, it’s important not only to purchase a travel insurance plan but also to choose the right one. If you buy a travel insurance plan online, you’re safeguarding your trip against all the financial losses. Leave aside the financial backup and roaming around abroad without any adequate insurance coverage, as this can prove fatal at the times of an unfortunate event. 

A lost passport or a missed flight are very scary situations for the tourists. One can feel lost even without an insurance cover in a variety of situations, so always keep a backup with travel insurance policy. 

Features of Travel Insurance in India

Now that you understand the importance of buying travel insurance, it is important to understand its potential to provide coverage. Hence, listed below are the essential features of getting to understand how travel insurance in India can help you enjoy your holiday. 

Coverage for Flight Related Issues

Coverage for Flight Related Issues:

 Even though an aeroplane is considered one of the safest ways to travel, accidents do not knock before coming. Flight-related issues include the delayed travel or hijack situation, the insurance plan will cover you for the expenses occurring during the course of adversity. 

Cashless Treatment

Cashless Treatment:

Although we do not wish to visit a hospital during a holiday, actually having to go there can also be financially draining. However, you can get covered under the travel insurance plans and benefit from the cashless facility. You can avail this service at the hospitals, which are empanelled under the insurance provider. 

Trip Related Adversities

Trip-Related Adversities: 

A lot of reasons can force you to cancel your trip, stay back, and attend to more important matters. Buying a travel insurance plan can protect from losing money. This includes non-refundable flight tickets, hotel bookings, etc. 

A Plan for Every Age

A Plan for Every Age

People belonging to different age groups have varied preferences regarding a trip. Where the aged individuals require more travel assistance and they are also vulnerable to theft and other similar incidents. The good thing is that you can buy travel insurance policy specific to your age group with apt benefits and coverage. 

Emergency Cash Advance

Emergency Cash Advance: 

Your travel insurance policy includes cash advances in emergency situations. Getting stuck abroad due to hospitalisation, loss of credit card/cash and traveller's cheques can be troublesome. With an insurance policy, you can receive a cash advance after a specified time. 

Coverage for Baggage Passport Loss

Coverage for Baggage/Passport Loss

Nothing can be more dreading and dangerous than losing your baggage or passport while on a trip. Travel insurance policy opted by you might not recover your passport or baggage, but you will get covered for the loss of cash or kind. Plus, it will cover the expenses incurred to get a new passport. 

Emergency Evacuation Plans for Frequent Flyers

Emergency Evacuation Plans for Frequent Flyers: 

Some insurance providers proffer year-long coverage plans for frequent flyers. To avoid spending recurring insurance policy costs, frequent flyers will receive the benefits for a year or multiple trips. 

Secures You Against Home Burglary

Secures You Against Home Burglary

Burglars are often on the lookout to pick houses which are vacant when the family is gone on a trip, but you should not let it hamper your travel plans. Home burglary coverage ensures that you get compensated in case of home theft in your absence.  

One Cover for the Entire Family

One Cover for the Entire Family

 It is simpler and cost-effective. to get one insurance plan for the entire family instead of buying different plans for different age groups.

Automatic Claim Settlement With Trip Delay Delight

Automatic Claim Settlement With Trip Delay Delight

You won’t have to submit a claim to get the insurance benefits. For incidents like trip-delay or flight cancellation, the covered amount will be automatically settled. .

Why Choose Bajaj Allianz Travel Insurance?

Types of travel insurance in india.

Good and user-oriented travel insurance plans will make your trip a great vacation. It secures you at various steps, which is the financial coverage as the top priority. 

Do not rush while selecting the best travel insurance policy for your family and yourself. For hassle-free and safe travel, choose wisely and save your money without selecting the first option you see. 

A Travel Insurance is a cushion which takes the blow for the fall, makes your trip more fun and memorable. 

Individual Travel Insurance

Individual Travel Insurance

Going on a solo trip? Or travelling to meet your family abroad? When you are travelling alone, you need extra protection and access to instant help, especially in case of a hospitalisation or other emergency situations. 

Benefits under Individual Travel Insurance Plan : All covers in the maximum plans are the same, or somewhat similar to the other, but vary with terms and conditions. It includes benefits like accidental emergencies, accidental death, medical services expenses, dental expenses and other non-medical factors like baggage loss, passport loss and many more. 

Family Travel Insurance

A Travel Insurance plan specially planned for the families who travel together. The insurance plan covers the immediate family of the policyholder under the family travel insurance plan. The policyholder, his/her spouse and children. 

Coverage under Family Travel Insurance Plan: The insured family members of the policy holder are covered for medical expenses, loss of baggage, personal liabilities, loss of passport, delay in the baggage and many more. 

Senior Citizen Travel Insurance

Senior Citizen Travel Insurance

Just like the health insurance plan is tailored to the age factor, the travel insurance for senior citizens   is also best for individuals above the age of 70. The elderly people prefer to travel after retirement and often travel alone as well or just in couples. This type of plan protects them from uncertainties.

Covers under Senior Citizen Travel Insurance Plan: The benefits for a senior citizen travel insurance plans include the unpredictable financial crisis on travel like repatriation of mortal loss, medical bills, loss or delay of check-in baggage, Emergency medical evacuation and more based on the insurance firm. 

Corporate Travel Insurance

The Corporate travel insurance plans serve best to the businessmen travelling frequently for corporate works. The beneficiaries under this plan can enjoy a year-long of benefits and policy coverage, allowing travel in and out of the country with a peace of mind.

Covers under Corporate Travel Insurance Plan: The coverage under the Corporate travel insurance plans is basic medical expenses, flight delay, baggage loss, missing connecting flights, etc. 

Student Travel Insurance

This plan is specifically tailored to be student-friendly. It has a special feature of the extension of the validity up to specific time, mainly 2 years.

Covers under Student Travel Insurance  Plan : It covers the basic overseas travel insurance covers and provides some add ons as well. The covers like bail bond, medical evacuation, study interruption, sponsor protection and some more.

Group Travel Insurance

The travel insurance policy customised for the people travelling in groups. This type of travel insurance is mostly organised by the tour organisers. Tours for historic destinations, museums, industrial training are placed under Group Travel.

Covers under Group Travel Insurance Plan: The Group Travel Insurance covers the group going from India or within the domestic borders of India. It covers personal accidents and baggage coverage but it depends upon the limit per person of the group. 

Domestic Travel Insurance

When travelling within the geographical borders of India, domestic travel insurance  is a beneficial companion. It protects you from several types of situations and emergencies (financial and otherwise).

Covers under Domestic Travel Insurance : Benefits include medical coverage, personal accidents, and loss of baggage are also a part of this Insurance.

International Travel Insurance

Covering a much wider range, the international travel insurance plans cover overseas travel, trip, holiday, family visitation, study, business meetings, and much more.  It further depends upon the plans offered by the insurance company.

Covers under international travel insurance Plan : It covers several factors - medical and dental expenses, loss of baggage and passport, trip cancellation, flight delays, etc.

Schengen Travel Insurance

For the people travelling to a Schengen country, a special insurance policy is required, i.e. the Schengen travel insurance  policy. They secure you from any type of financial losses

Covers under Schengen Travel Insurance Plan : The medical coverage, loss of passport, delay in check-in baggage arrival, loss of check-in baggage, accidental death and dismemberment, personal accident cover and personal liabilities. These are the most common covers under the plan of Schengen Travel Insurance.

Single Trip Travel Insurance

The single trip travel insurance plan is beneficial for those who travel abroad once in a while. This plan allows the insurance coverage from the start of the journey until the policyholder and the accompanying beneficiaries are back inside the country’s borders.

Covers under Single Trip Travel Insurance Plan: If travelling internationally, the international travel insurance plan is opted along with the host cover for the other factors like medical emergencies, baggage loss or delay on check-in baggage, non-medical covers, etc. 

Multi-Trip Travel Insurance

The Multi-Trip Travel Insurance plan is customised for those travellers who travel often or more than once in a year. It stands to cover round trip journeys for a specified time period, which is usually one year.

This plan of the multi-trip travel insurance is preferred by the businessmen and corporate sectors as it helps to save an ample amount of money by opting this policy for your travelling trips.

Covers under Multi-Trip Travel Insurance Plan: The covers for the multi-trip travel insurance are like the other international travel insurance covers. The medical emergencies and non-medical ones like loss of passport, personal liabilities, emergency medical evacuation, loss or delay of check-in baggage and other covers specified under the plan by the insurance firm. 

Additional Tips for Opting the Best Travel Insurance Plans

When planning, try to choose the best travel insurance for yourself as well. It protects you from the unpredictable conditions that may occur and travel insurance secures you on the financial terms too.

It is not tough to select the best plan with your insurance company when travelling abroad. Choose wisely so that any trip or journey you are taking should be a memorable one. Opt for the covers which are best for you. Never take anything for granted as nothing is predictable and we as your Insurance Advisers want you safe, always. 

TRAVEL INSURANCE COVERAGE

Loss of Baggage

Under the baggage loss, you are compensated for the permanent loss of the baggage you were travelling with based on the check-in baggage stored. When stranded without baggage, you may feel left out and even frustrated, but the baggage cover allows you to incur the necessary expenses and they will be covered under the policy. 

Baggage Delay

In travel insurance coverage, the baggage delay is compensated for the items in the baggage like worn clothes, toiletries, other essentials. When required, delay in the baggage can be stressful and sometimes leads to loss of baggage at the end. 

Flight Delay

In situations of flight delay and re-booking a new flight, the unplanned additional expenses are compensated or booked by the insurance company if possible. In some situations the travel insurance company may offer to book a new flight for you, if delayed, but you should inform the insurer promptly. 

Trip Cancellation/ Curtailment

Various reasons can lead to a trip cancellation or curtailment. With the travel insurance policy, you can rest assured that your ticket expenses will be covered and you can get the amount reimbursed. Such a cover becomes even more important when the tickets you have booked are non-refundable.

Riots, protests, strikes, natural calamities, death in the family, bad weather, and so on. Any sort of emergency situation can lead to trip cancellation or curtailment. But with the travel insurance policy you can get reimbursed for the ticket expenses. 

Bounced Flight/ Hotel Booking

In situations like this, the hotels or flight seats already booked by the traveller are not available on arrival. In such cases, the insured person is reimbursed for the pre-booked hotel room or the airline bookings if the preferred accommodations are not available at arrival. The travel insurance coverage can be claimed for it if opted under the travel insurance policy. 

Loss of Passport

In situations of a bag being stolen and losing your passport, you are covered under the Travel Insurance Policy. Up to the sum insured limit, the charges of getting a new passport are met by the insurance company.

In rare cases, if your plane gets hijacked during a trip, having this cover of a policy can compensate you for the emotional distress. These types of policy covers are not generally opted by the policyholder but when travelling to destinations unknown, can help with having this cover immensely.

Credit Card Theft

Credit card theft is the cover which should be a must when travelling abroad. If and when your credit card is stolen or lost, immediately inform your insurer. Informing the insurance provider makes you eligible to receive emergency cash advance. The details of the same will be provided to you by the consulting agent or the information will be shared with the beneficiary appropriately. 

Home Burglary

Under this point of the travel insurance coverage, if you are out on a vacation or a business trip and your house gets broken into, your Insurer will pay for the damages and loss incurred by you in that robbery. However, the amount you receive depends on your insurance policy and the extent of cover

Personal Liability

Personal Liability

The clause of Personal Liability covers you from the claim made against you for bodily injury, damage to property or damage to another person during a trip. When away from the security of your house, it gets difficult to settle a situation on an unknown land. The cover of personal liability secures you from such unwanted and unprovoked situations.  

Personal Injuries

Personal injuries incurred during the trip are compensated or expenses are undertaken by the travel insurance company. Injuries met under the influence of drugs or alcohol are not covered.

Interruption of Studies

Under the Student Travel Insurance Plan, many insurance providers cover expenses and costs you end up paying for your studies abroad. The insurance companies reimburse the tuition fees to the insured, paid in advance to the institutions by the insured. 

Medical Evacuation

Regular Travel Insurance covers emergency medical evacuation. It includes the airlift, or the cost incurred to supply medically equipped flight apparatus back to the home country. 

Accidental Death

The accidental death cover is the most important aspect of the travel insurance plans. Any individual or family member of the policyholder travelling overseas should add this accidental death clause in the policy of their travel insurance.  In this cover, in case of the accidental death, while travelling,the family of the deceased is compensated up to the sum limit insured. 

Any financial loss occurring before or during the trip is covered by the travel insurance coverage as a comprehensive cover. The trip can go down the hill due to some unforeseen situations very quickly and easily that can put you at a financial loss. It is where the Travel Insurance Policy provides the safety net and saves your trip. 

Overseas Travel Insurance Coverage for Coronavirus (COVID-19)

The novel coronavirus or COVID-19 has taken the world by a storm inhibiting the course of daily life and pushing everyone towards a new normal characterized by social distancing norms. Millions of people have succumbed to the virus-led health issues while millions more have become prey to the side effects of suffering from a disease which does not have a concrete cure.

Sovereign governments have put several restrictions on the citizens and inhibit the spread of the virus. Among several measures in place, travel restrictions have been put into place to curb the spread.

In this, a question arises that what kind of coverage insurance companies will provide once the borders open again. We need to discuss the impact of travel insurance with reference to the impact of coronavirus in India.

Does Travel Insurance Cover Coronavirus (COVID-19) Disease in India?

Yes, several travel insurance companies have developed coronavirus-oriented travel insurance coverage plans in India. The beneficiaries of these travel insurance policies stand to receive compensation for medical treatment (cashless or reimbursement), delays or cancellation charges, lost baggage, and so on.

With Bajaj Allianz, you stand to gain from monetary compensation and assistance to secure treatment in empanelled hospitals. Furthermore, in these hospitals, you can also get cashless treatment facilitated via the insurance cover.

  • Overseas Travel Policy covers Medical Expenses arising out of Covid-19 outside India, including Medical Expenses incurred during Quarantine period subject to the policy terms and conditions.
  • Accommodation and non-medical incidental expenses arising during Quarantine period stand excluded.

It must be noted that the insured need to present a COVID negative report 72 hours before travelling. If this is not available, the insured have to wait for 7 days for the insurance coverage to start.

However, if you decide to extend the policy coverage period while on a trip abroad, you must do so before the break-in period starts. If you decide to extend the policy after the break-in period, then the same 7-day kick in norm will apply and the coverage will start after these 7 days.

Scenario-wise Travel Insurance coverage for COVID-19

Add-On Covers / Optional Covers in Travel Insurance Policy

Add-ons are the additional features or the advantages you add to the travel insurance to make it even more extensive and airtight. The add-on covers are generally added to decrease the financial burden that you’re likely to incur at the event of a mishap.

So, the more add-ons you include in your policy, the higher will be your premium that has to be paid. It’s always recommended to add features that act as a value addition to the policy. Most of the time, individuals who go for the option of travel insurance policy plans are dubious about what it covers. 

Here are some things you must know before you opt-out for a travel insurance policy. Let’s have a look at the add-on and optional covers under the travel insurance policy that we offer- 

  • Trip Delay Delight :You will be delighted to know that the financial loss caused due to the trip delay or any type of trip cancellations is reimbursed up to the policy limits. There’s a different limit for one trip, round trips or the multiple trips
  • Schengen Cover It basically covers the expense that might arise in connection with the repatriation for the medical reasons or urgent health conditions such as emergency hospital treatment or death of an individual. 
  • Compassionate Visit By A Family Member Guests won’t have to return home because their compassionate visit would be covered up to some limit in the travel insurance policy. So, why not go for it, when it has so many benefits?
  • Emergency Hotel Accommodation For Family Member Under an urgent situation where the emergency hotel accommodation of the family member is required, you’ll face no hassle because the online travel insurance policy will cover it too. 
  • Emergency Hotel Accommodation For Insured And Family Member Not only the family member who urgently requires accommodation but also the insured will be covered up to some limits under the ‘emergency hotel accommodation for the insured and family member’ in the travel insurance policy plan. 
  • Escort for Minor Child  If you carry a minor or a baby along with you to the flight, this expense will also be covered up to some limit under the ‘Escort of minor child’ section.
  • Loss Of Personal Belongings Cover  Whether it’s your luggage or the passport that’s lost, the best travel insurance policy will always cover you under the loss of personal belongings to help you out in the times of difficulty.
  • Replacement and Rearrangement of Staff This is yet again, an unforeseen situation and is covered under the travel insurance policy. There are a few limits, rules and other obligations that one has to go through, before opting for travel insurance plans. 

Optional Covers

  • Pre-existing Illness Coverage The best thing about the optional cover is that it covers pre-existing illness. It means the diseases or a physical condition, illness or ailment that existed already at the time when you bought a travel insurance policy. Isn’t it amazing how functionally the travel insurance policy plan works?
  • HIV and AIDS This is an optional cover for the people of any age who have a pre-existing medical condition that includes HIV & AIDS. It includes all the complications that might occur as a result of a medical condition that falls under this disease. This also creates a risk for all the people who are travelling abroad without an adequate travel insurance policy. This is why an optional cover is made to avoid the risk of large medical bills for travellers.
  • Maternity and Baby Cover from Day One Coverage So there is an additional benefit for the pregnant mommies! There’s a maternity and baby cover from day one coverage for the pregnant women on board. So, you don’t need to worry if you’re pregnant and flying. We’re here to make your experience worthwhile.
  • Mental Illness and Alcohol-Related Disorder Cover Apart from the physical problems, various disorders like alcohol disorder or mental illness are also covered under the optional cover of the travel insurance policy. So, it’s up to you to choose a plan that suits you the best.

Travel Insurance Plans Offered by Bajaj Allianz

Coverage based on Trip Classification;

Solo Trip and Family Trip

Eligibility Criteria for Travel Insurance Policy in India

Travel insurance policy exclusions.

Under all the types of travel insurance in India, the insured won’t get coverage under the following conditions/incidents/scenarios:

  • Substance Abuse: Alcohol or drugs.
  • Human-made situations: War, Civil war, Terrorism.
  • Medical Exclusions: HIV/AIDS, Alternative treatment, cosmetic treatment, pre-existing conditions or diseases, not following doctor’s medical advice, suicide or self-inflicted injury
  • Baggage or Passport: Loss of passport is not covered under the travel insurance in India when the same is left unattended. Also, if the baggage is shipped separately from the insured, there is no coverage.
  • The travel insurance policy won’t cover Injuries due to participation in adventure sports.

Omissions / Optional Add-Ons in Schengen Travel Insurance

Below you will find omissions in insurance claims submitted while travelling in Schengen countries.

  • Medical conditions ailing the insured before they buy travel insurance online
  • Injuries or life-threatening conditions occurring to participating in adventure sports in the Schengen countries
  • Travelling to high-risk countries or areas designated as a red zone

Parameters That Affect Travel Insurance Premium

Due to its dynamic nature, every travel insurance policy has a different set of conditions. Consequently, the travel insurance premium for each of these plans is also different. Given below are the factors that affect your travel insurance premium.

Age:  The insurance premium of young individuals is less relative to the aged beneficiaries. The reason is simple, adults and aged individuals are more prone to life-threatening risks than a 21-year-old graduate.

Travel Destination :  Insurance is all about the risk. If you are travelling to a high-risk area, the chances of meeting with an unprecedented accident are also higher. This leads to an increase in the premium amount than visiting an area or country which is relatively stable.

Duration of Travel: The travel insurance premium is proportional to the duration of the stay.

Number of Travellers: As it is with the duration, the premium amount is set to increase with the number of travellers. But, in case of multiple travellers, you can also opt for group insurance or family insurance.

Add-Ons: Adding security features and cover like zero depreciation, passenger cover, etc., will increase the premium amount.

Add-Ons: Additional covers widen the protective shield but at a higher premium. So, if you choose to add home burglary cover or study interruption cover, the premium will also increase.

Steps to Calculate Travel Insurance Premium Online

Before you can buy travel insurance online, Bajaj Allianz gives you the option to calculate the insurance premium with a few steps.

Step 1:  Head to our travel insurance premium calculator

Step 2: Begin by sharing your mobile number, name, and email address

Step 3: After this, you will be asked to enter the country of residence

Step 4: Based on the answers, you will receive a confirmation and a premium quote

Bajaj Allianz has a common insurance premium calculator churning out purpose-specific premium quotes.

While buying an insurance policy, your aim must be to spend the minimum amount and get the highest extent of benefits. An insurance premium calculator helps you with this aspect. Not only can you find out your monthly payments but also customize the policy-based features to suit your needs and budget.

With the internet-based calculator, you can also tweak your responses to try out different combinations of policies and get an apt travel insurance policy. For calculating the travel insurance premium, our calculator also provides you with additional options like the destination, duration, and dates of travel.

The motive is to provide you with the best quote characterized by a minimal error. It is also possible to enter the traveller details (number of people and age) with the online calculator.

Another significant benefit of using the online travel insurance policy premium calculator is that you can compare the premiums of different types of policies and companies.

Tips to Lower Your Travel Insurance Premium

The importance of buying travel insurance in India is not unknown. By now you must have realized that purchasing travel insurance is not an extra burden in your vacation budget, but it can give you a peace of mind which is essential to enjoy your trip.

Travel insurance is important, but you can adopt methods to lower the premium;

  • Opt-in for a Multi Trip Cover : One of the best options for frequent travellers, a multi-trip cover will protect you for a specified time (mostly, it is one year). So, you can travel in and out of the country for several trips and have a single policy to protect you and your interests.
  • Buy Insurance Early On : Getting the travel insurance plans early on is beneficial from multiple facets. First, it shows that you understand your responsibilities. Second, in case you want to cancel your trip or there is an unprecedented situation, early insurance helps you make the required changes.
  • Tailor-Made Insurance Policy : We want you to combine this point with the previous point, “Get Travel Insurance Early On”. If you start early, you can try out different combinations of features and check out different insurance providers. This is opposed to a scenario where you choose the wrong policy coverage and end up paying more while getting fewer benefits.
  • Go For Group Insurance : Group Insurance packs a punch of services, provision to add multiple members, offers several benefits and has relatively lower premiums.

Why Should You Buy Travel Insurance Online?

The fast-paced urban lifestyle has always kept our hands busy and our mind riddled with all sorts of duties and responsibilities. In all the chaos, you should choose to buy travel insurance online. Along with the ease of applying, the online process has several other benefits. 

  • Easy Online Comparison: There isn’t one insurance provider offering travel-related coverage policies and plans. With an almost saturated market, you are faced with several players under a single umbrella. This can be overwhelming, but if you do it right, the market competition can be beneficial for you. When you compare travel insurance online, it becomes easier to create a list of potential insurance providers with services and benefits specific to your travel plans. Online comparison of travel insurance plans in India is also time-saving and signifies a faster way to look at different options.
  • Convenient : To get your preferred travel insurance online, all you need to do is take out your phone, visit our website, fill in the form, and get covered for the trip. Browse through different insurance plans at the time of your convenience.
  • No Agents : Instead of asking your friends or relatives to refer a good insurance agent, go online and take the matter in your own hands. Plus, not talking to the agents will save you a lot of time and money in commissions.
  • Contactless Purchase : With the Bajaj Allianz option to buy travel insurance online, there is no need to visit the brand and submit the papers. You can upload the documents on the website in an instant and also receive the insurance confirmation letter on your email.
  • Get Insured Anywhere, Anytime: Forgot to buy the insurance plan during the office break? No issues. You can also do it while coming home, in a restaurant, or while watching a movie. Everything from filling the form to paying the amount can be done online anytime, anywhere.
  • Policy Issued Instantly: As soon as you make the payment, you will get the insurance papers on your mail. No need to run after the agent to get your confirmation letter or insurance papers.

Why Travel Insurance?

Why Travel Insurance?

Things to Consider While Buying Travel Insurance Online

To achieve the maximum benefit of your insurance plan, you must conduct some research while analyzing your trip characteristics and boil down to an optimal travel insurance plan. 

●   Age: Travel insurance plans differ for different age groups. Where seniors are more prone to risk, their premium is also higher as compared to the younger population.

●   Destination: Travelling to a high-risk destination increases the chances to meet with an unprecedented situation. Besides risk, insurance companies also look at the medical expenses of the destination countries as well as their proneness to natural disasters.

●   Duration: The trip duration has a direct impact on the travel insurance policy benefits and premium. Here, a better way to go is to buy the multi-trip insurance if you will be travelling frequently in the next 12 months. Also, if you are taking a single vacation, but for a longer duration, the premium will be higher.

●   Type of trip: Your insurance provider will look at the trip itinerary to analyze the type of trip. An action-packed vacation consisting of adrenaline-pumping activities and adventures will invite a higher premium as compared to a trip where you are relaxing on a beach or reading a book in the mountains.

●    Add-ons: Add-ons provide additional coverage for unpredictable incidents during the trip or back home. Common add-ons include home burglary protection, fire insurance, study interruption coverage. These additional services do come at a cost which will increase the travel insurance premium.

●   Sum Insured : The total insurance amount has a direct impact on your premium. Buying insurance policies that cover for you a wide gamut of services has a higher insured amount, as a result, the premium will increase. But you should not always go for a higher sum insured, list down your requirements and look for a suitable coverage plan.

●   Coverage : Do not stick to one insurance provider. Do some research and analyze which insurer is giving the most benefits at the lowest premium. Along with this, make sure to first consider your requirements and then look at the packages.

●    Claim settlement ratio : Before you buy any sort of travel insurance plans, check the claim settlement ratios of the various insurers. If a company has a higher settlement ratio, this means they have completed more claims than others, and that company should get preference.

●    Affordability/Premium: A smart move while buying travel insurance plans will be to weigh your affordability and the premium amount on the same scale. Go for an insurer who provides a higher compensation, with fast claim processing at a reasonable premium.

●    Claim procedure: There is no point in going with a lower premium when you end up knocking on different doors to get your claim processed and settled. Going step by step, after you have chosen a few travel insurance providers by analyzing other aspects, also look at their claim settlement procedure. Go for a company which provides online claim submission and hassle-free processing.

●   Schengen check: There are some peculiarities when it comes to travel insurance for Schengen countries. Insurance on a Schengen visa is different from a visa from other countries. Always cross-verify the same with your shortlisted travel insurance policy providers to avoid any last-minute interruptions.

●   Exclusions: Insurance companies may also have some reservations and may not provide cover for a few incidents. While researching for your ideal travel insurance provider, look at the exclusions. These are the instances, conditions, or scenarios where you will not get the reimbursement.

●  Medical Conditions: Check the eligibility conditions to know the medical diseases or conditions for which your insurance provider will not be liable to pay.

●  Personal Belongings: Even though most of the travel insurance providers cover the expenses for loss of passport, cash, baggage and other belongings. But no company will compensate for negligent behaviour and your failure to take care of your belongings. It is recommended to know what amounts to negligent behaviour before buying the travel insurance plans.

Apart from these major aspects, you may also look at the insurance company’s solvency ratio and additional benefits that come with your policy to fully understand the scope of your travel insurance policy. 

Steps to Buy Travel Insurance Online

There are three ways to buy travel insurance online from Bajaj Allianz:

●     From the Official website

●     From the Caringly Yours Mobile App

●     Offline

Buy Travel Insurance Online from Bajaj Allianz Website

Step 1 : Visit our website  and proceed by by selecting the type of insurance you want to avail. You can choose from Individual, Family, Business, or Student..

Step 2 : Fill in your full name in the given column and then select the policy type. Out of the three options, Leisure, Business Multi-Trip, and Student, choose one. This is followed by selecting the relevant option according to your previous selection. 

Step 3 : You will be asked to provide your date of birth, departure and return dates, destination, and your existing pin code. 

Step 4 : Bajaj Allianz will analyze your selected values followed by sending a quote to your phone and giving you the option to select a plan instantly.

Step 5 : Choose the plan you want, include some add-ons from the given options followed by making the payment.

Step 6 : Wait for the payment confirmation and you will receive the acknowledgement and the insurance documents on your mail instantly.

Buy Travel Insurance Online from Caringly Yours Mobile

Step 1  : Download the app and you can use the same login Id and password to start using the “Caringly Yours” mobile application.

Step 2  : Select travel insurance and fill in the details including your name, DOB, travel details, travel dates, and your pin code.

Step 3  : Wait for the application to process your answers and you will receive the insurance quotes on the phone

Step 4  : Select the plan which suits your travel itinerary, include add-ons (optional), and pay for the plan. 

Step 5  : Choose the plan you want, include some add-ons from the given options followed by making the payment

Step 6  : Wait for the confirmation receipt and insurance documents which you will receive on your emve on your email address. 

Travel Insurance Claim Procedure

It is imperative to understand the travel insurance claim procedure when you are visiting abroad. The best way to file a claim is online via your mobile application or check the website for the claim procedure.

Below, you will find three types of claim procedures offered by Bajaj Allianz

Cashless Travel Insurance Claim:

The Bajaj Allianz travel insurance cashless claim is applicable for hospitalization expenses overseas. However, it must be noted that one should seek a claim if the expenses are more than USD 500. For amounts less than USD 500, you can file a reimbursement claim.

  • ● Initially, you need to submit the documents online for verification.
  • ● Once the claim is submitted and verified, you and your care-provider (hospital) will receive a payment guarantee letter.
  • ● In case the information provided is incomplete or missing, you will be asked to complete the formalities and the claim process will continue.

Travel Insurance Reimbursement Claim:

The Reimbursement claim process takes around 10 days provided you complete the documentation and the paper submission is accurate.

  • ● First, you need to collect all the required documents and submit original copies at the BAGIC HAT.
  • ● Post scrutinization and verification, you will receive the payment within 10 days in your Indian bank account via NEFT.
  • ● In case some documents are missing or incomplete, you will receive an intimation regarding the required documents, which you have to submit within 45 days.
  • ● Bajaj Allianz also sends three reminders every 15 days asking you to complete the formalities.
  • ● Post the 45 day period, if the documents are not complete the claim proceeding will abort.

Mobile App Claim Settlement: Automatic With Trip Delay Delight:

With Bajaj Allianz, you will get a special service of automatic claim settlements in case of trip delays.

If you are using the Caringly Yours mobile application, there is no need to seek a claim for trip delays. The application will keep track of your flight and in case of a delay, the required pay-outs are automatically processed.

Documents Required for Travel Insurance Claims

Documents for Medical Emergency (To be Attached with the Claim Form):

  • ● Policy Documents (Number, Name of the Insured, and Contact Details)
  • ● Reports of the diagnosis
  • ● Place and country of the incident
  • ● Attending physician’s Statement (APS)

Loss of Baggage:

  • ● Claim form
  • ● Baggage tags copies
  • ● Confirmation letter from the airline authorities about the loss of baggage.
  • ● Property Irregularity Report

Baggage Delay:

  • ● Invoices of the purchases made during the delay period.

Trip Cancellation/Interruption/Missed Connection:

  • ● Confirmation from the airlines about the scheduled arrival and departure
  • ● Letter of correspondence from the airline certifying the delay
  • ● Statement of the reason for the delay along with the necessary documentation pertaining to the reason.
  • ● Tickets (original copies)
  • ● Invoices or receipts of the expenses incurred and proof of cancellation charges.

Loss of Passport:

  • ● Submit the photocopies of your new passport and old passport (if available).
  • ● Original copies of the expense receipts and invoices for the new passport
  • ● Photocopy of the FIR or Police Report

Hijack Situation:

  • ● A full account of the events that unfolded during the hijack
  • ● Corresponding letters from airlines
  • ● Photocopy of the ticket and the boarding pass

Accidental Death:

  • ● Original copy of the death certificate
  • ● Photocopy of the Coroner’s report, FIR, Post-mortem report

Study Interruption:

  • ● Submit the medical reports authenticated by the doctors
  • ● Bills and receipts of the university fees paid earlier

Steps to Renew Travel Insurance Online / Offline

Renew Travel Insurance Online Those who do not want to go through the time-consuming offline process can renew travel insurance online. Going by this method you will save time and also some money that is spent on travelling to the branch or meeting with the agent.

  • Step 1 : Visit the Bajaj Allianz website and go to your travel insurance policy page Click on renew and read through the existing benefits along with identifying if you want to add other coverage benefits and update the policy.
  • Step 2 : If applicable, submit the additional documents. If not, you can straightaway go to the payments page and initiate the same via Credit card, Debit card, or Net Banking.
  • Step 3 : Once the payment is confirmed, you will receive the soft copy of your insurance policy on your email address.

Renew Travel Insurance Policy Offline Offline renewal means that you will either have to get in touch with your agent or visit the branch and complete the formalities there. 

  • Step 1 :  Contact the agent or visit the branch before the existing insurance policy ends. Take the time you have to review your existing policies and its benefits. If you want to add something to coverage, ask the agent to do the same. 
  • Step 2 :  after reviewing the travel insurance policy, ask for the additional forms or applications pertaining to the add-ons, only if applicable. Submit the required documents (ask the agent or the branch representative for the same). 
  • Step 3 :  Carefully review the policy documents, conditions, and guidelines before you pay the premium while buying travel insurance in India. 
  • Step 4 :  In offline processing, you have to make the payment via cheque. Make sure that the beneficiary in the cheque is the insurer and not the agent or the representative you are consulting. 

Countries Where Travel Insurance is Mandatory

Even though international travel insurance is not mandatory to visit abroad, it is recommended that you secure a policy to safeguard your interests. In a foreign land, where you are unknown to everybody and where people are reluctant to help you, having something to protect you is essential.

Hence, we recommend you to buy the appropriate travel insurance policy. Having said that, there are some countries which necessitate that every non-citizen is secured with a travel insurance policy. Without submitting the insurance confirmation, you may not get a visa for these countries.

  • ● Antarctica
  • ● Schengen Countries
  • ● United Arab Emirates
  • ● United States of America

How to Extend International Travel Insurance?

Extending your stay while you are on a trip involves three scenarios, pre policy expiration, post policy expiration, and emergency extension. Be it any sort of situation, there is a way to extend the travel insurance policy provided you inform the insurer accurately.

Pre Policy Expiration: This is a situation when you wish to overstay in the travelling country for any reason but an emergency or medical condition. While you have to arrange for the return travel tickets, accommodation, and other expenses yourself, the insurance will cover you for the extended time subject to the extension approval.

  • Step 1 : Initiate contact with the Bajaj Allianz team online or by giving us a call to give the details of the trip extension.
  • Step 2 : The representative will ask you to fill out a ‘Good Health Form’ and submit the same at the earliest.
  • Step 3 : Your request to extend the travel insurance policy will be forwarded to the underwriters who will examine the same and assist you with the extension details further.

Post Policy Extension: If you decide to extend the travel insurance plans coverage after the existing policy has expired, it comes under the purview of post-policy extension.

  • Step 1 : Contact the Bajaj Allianz team and inform them about the extended stay. You need to state a reason for an extension.
  • Step 2 : After the initial query your request will be forwarded to the underwriters who will scrutinize the decision and help you with the extension.

Both pre-policy and post-policy travel insurance extension requests come under the ambit of planned extension. Insurance policy extension is subject to valid reasons and you will also have to pay an extra premium for the extended stay.

Emergency Trip Extension: If you decide to extend the travel insurance plans coverage after the existing policy has expired, it comes under the purview of post-policy extension.

In this scenario, you can get an extension on your travel insurance policy and also cover the costs for emergency hotel stay for the insured and the family members.

  • Step 1 : You can contact us either by giving us a call or sending an email explaining the emergency situation requesting to extend the travel insurance cover.
  • Step 2 : Along with the reason, you may also need to present a letter from the airlines citing the reason for flight cancellation.

We understand that getting stuck abroad in an emergency situation is already stressful. At Bajaj Allianz, we do not want to extend your worries and will prefer to help you quickly and efficiently.

Travel Insurance Portability

Travel insurance portability gives you the freedom to switch the insurer without losing any benefits provided with the existing policy. Bajaj Allianz respects your freedom of choice and allows you to change the insurer as well as welcome everyone to get protection from our policies.

However, there is a process that you must follow to ensure a smooth transition from one insurance provider to another.

  • Inform us about the portability requirements via online registration.
  • You must inform the existing insurance provider 45 days in advance.

You must note that the premium amount of a similar travel insurance plans is at the discretion of the new insurer.

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TRAVEL INSURANCE FAQS

    is travel insurance mandatory.

No, travel insurance is not mandatory for all countries. However, certain countries have made it mandatory like Australia, Schengen countries etc.

    What is a deductible? Why is this necessary?

A deductible is essentially the sum of money you agree upon to be paid towards your cover before you begin to make claims on your travel insurance. With most travel insurance policies, the deductible is applied to emergency medical care costs. It may also extend to baggage or trip cancellation/ interruption coverage.

    Can I buy insurance if I am going on a work permit abroad?

Most travel insurance providers in India do not provide travel insurance to people travelling abroad on a work permit. It is advisable to check with your travel insurance provider before purchasing the travel insurance policy.

    Are 'business travellers' eligible for a Travel Insurance policy?

Yes, business travellers are eligible for a travel insurance policy, however, this will depend on the company on the type of cover they have agreed with the insurer, it is also important to ensure in case of international travel the policy is eligible overseas.

    Can I buy insurance if I have an immigration visa?

Yes, you can buy travel insurance online even if you are travelling on an immigration visa. The maximum duration of your policy can only be 180 days. After 180 days, you need to purchase the policy from the country you are immigrating to. Some insurance companies provide coverage to immigrants for 90 days and some others for 180 days so you can select the plan accordingly.

    What is an Emergency Assistance Service provider?

Emergency assistance refers to a service which provides help in medical emergencies during travel or you are in need of urgent care. The assistance service provider may be called first, or after the individual has been taken by local emergency services to the hospital. Emergency assistance contact information can be found on your travel insurance provider’s contact page.

    Can I be issued more than one policy for the same trip?

No, only one travel insurance policy will be issued per single trip to the insurer by the insurance company.

    Is it mandatory for the customer to be in India during the purchase of policy?

Yes, it is mandatory for the customer to be in India because once you depart from India, you cannot buy the travel insurance policy.

    What paperwork is required for buying travel insurance online in India?

Zero paperwork is required for buying travel insurance online in India because it can be purchased online.

    How can I cancel my travel insurance policy?

To cancel your travel insurance policy, you will have to contact the travel insurance provider directly. In case you have cancelled your trip and did not make any claims, you simply need to deposit your proof of passport to show that you did not take any journey for the trip. Request for cancellation is considered within 14 days after the commencement of the policy.

    Will I get a refund if I cancel my travel insurance policy?

If the cancellation is done before the departure date then a full refund fewer cancellation charges will be provided. If it is after the start date and non-departure, then you have to provide proof of your non-travel, a full refund less the cancellation charges will be provided. However, if you are cancelling the policy post-travel or leaving for your home country amidst of your journey based on utilised premium, remaining premium sans cancellation charges will be provided.

    How many times can we extend the policy?

Yes, you can extend the travel insurance policy any number of times. But this holds true only if the total duration of the policy is equal to or less than 360 Days.

    If the customer returns home earlier than planned, can he/she get a partial refund on travel insurance?

Travel insurance companies charge a premium to travellers on a per-day basis or take the entire payment in advance. If the insured returns home earlier than planned, he/she will be eligible for a partial refund provided the premium was paid in advance and no claims were raised during its tenure.

    What are the maximum days for which I can take the travel insurance policy?

The duration of the days varies from one travel insurance company to another. The maximum number of travel days under a single trip that will be insured is 182 days.

    Contact details from Different Countries? List or numbers?

You can contact your Emergency Assistance Provider. All the contact details of the TPA are specified in the travel policy schedule.

    What is Sum Insured?

Sum insured refers to the maximum coverage you are entitled to under a specific benefit. This benefit is mentioned in your policy schedule against each benefit like medical, baggage loss, trip cancellation etc.

    Who is the TPA/ Emergency Assistance Provider?

Emergency Assistance Provider/ TPA( Third Party Assistance) is a travel insurance company hired service provider appointed for providing administrative services and cashless services to their customers. A TPA acts as a mediator and serves as a claim processor, information provider for the customer and also helps in networking.

    Whom do I contact while abroad in case of any emergency?

You can contact your Emergency Assistance Provider /TPA in case of any emergency. All the contact details of the TPA are specified in the travel policy schedule.

    From where I can access the list of network hospitals?

There is no specific list of network hospitals which can be provided directly to the Insured. Travel policy covers all the hospital and the service providers in case of emergency. You have to contact the Emergency Assistance Provider. 

    What do I do first when I fall sick while abroad?

If you fall ill while travelling overseas, you can visit any hospital and intimate the travel insurance company after your visit to register a claim for reimbursement.

    How do I know Limit of each type of expenses? What expenses are covered or not?

All the types of limits and expenses are listed on your travel insurance online portal. You are recommended to go through the policy wordings for all the details, it has all the fine prints of the policy.

    What is covered under Personal Accident & Personal Liability?

Personal Liability covers damages for claims legally filed on the insured against

the property damage and medical expenses to others as a result of bodily injury caused by the insured in an accident. For Personal accident cover, you can refer to the table of losses in the travel policy wording. Apart from the death and permanent disability cover, you also get covered against the partial and temporary disability

    Within how many days I need to submit the documents for my travel insurance claim?

You have to arrange and submit the travel insurance claim documents within the 30 days from the date of return to India or expiry date of the travel insurance policy whichever is earlier.

    Will I be getting any card which I can produce in the hospital to avail medical services?

No, there is no card, you only have to submit the copy of your travel policy in the hospital and simultaneously contact your travel insurance company Service Provider to intimate the claim.

    Do you cover if we purchase only medicines from Pharmacists without consulting a doctor?

No, medicines purchased from pharmacies directly are not covered until and unless prior consultation is taken from the doctor and the same medicines are prescribed as part of the treatment. You will have to pay upfront and file a claim for reimbursement with the supporting consultation notes and prescriptions from the doctor.

    What if I lose all the original documents?

It is very important to provide all the supporting documents to your travel insurer to get your claim approved. But if you fail to produce the original documents, your claim will most likely get rejected and you will not get the claim amount.

    Is there any pre-approval required before hospitalisation?

In case of the planned hospitalization, you have to inform your travel insurer TPA about your medical treatment in advance. Moreover, you will also have to take a pre-approval from your travel insurer before getting admitted in case you want to avail the cashless claim facility.

    Do I get a free look period in travel insurance?

Free-look period is available in the annual multi-trip option where you have 15 days to review your policy. Most travel insurance policies do not come with any free look-in period. However, few travel insurance in India companies do offer a free-look period to people who are opting for annual multi-trip or student travel insurance.

    Do I get a grace period for domestic/international travel insurance?

Travel insurance companies generally provide a three days grace period to get your travel medical insurance policy extended provided there is no claim in the expired policy. 

    Can I buy travel insurance after leaving the country?

No, you cannot buy a travel insurance policy online or offline for your journey after you depart from the country. Many travel insurance companies do not allow travellers to buy travel insurance even on the day of their journey.

    What should I do to check the status of my policy?

You can check the status of the travel insurance policy by registering yourself on The travel insurance portal and login with your username and password. This will give you all the information related to your travel insurance policy.

    What are the minimum and the maximum duration the insurance can be purchased?

You can buy travel insurance up to the day before you leave on your trip. The coverage of a travel insurance policy for your trip begins as soon as you commence your journey and end the moment you return back to your city of residence. The duration of each journey is restricted to 30-60 days

    What credit cards offer free travel insurance?

Premium credit cards offer a lot of travel benefits including travel insurance.

Credit cards offering travel insurance are:-

●     HDFC Regalia credit card

●     Standard Chartered Visa Infinite credit card

●     Axis Bank Privilege Credit card

●     IndusInd Bank Platinum Aura Credit Card

    Can you buy insurance after starting your trip?

No, you cannot buy a travel insurance policy after starting your trip. You can buy a travel insurance policy at any point in time before your journey starts.

    Is it mandatory for the customer to be in India for international travel policy Issuance?

Yes, to buy any sort of travel insurance policy from Bajaj Allianz or any other insurance provider you need to be present in India. 

    I already purchased insurance, but there seems to be some change in my journey dates. Can I alter/change my trip dates in the policy?

Yes, the travel dates can be altered in travel policy after contacting the travel insurance company.

    I am an OCI Cardholder (Overseas Citizen of India). Can I buy a travel policy?

Yes, OCI cardholders can buy a travel policy but you should have a valid Indian passport and you intend to return back to India.

    I want my parent(s) to visit me. Can I be their proposer and purchase their policy?

Yes, you can purchase a trip insurance policy on behalf of your parents as a proposer.

    Do I need to undergo any medical examination for coverage?

Many travel insurance companies offer cover without a medical check-up, however medical tests are required for certain age groups, and in case you are visiting a country where certain medical tests are mandatory before arrival. It is advisable to check the guidelines of the travel insurance company.

You can also cancel your health insurance policy before its expiry instead of renewing it. You might also be eligible for certain benefits, if you surrender your policy after renewing it without break for a certain fixed number of years. You can contact your health insurance provider and know the complete details to cancel your medical insurance plan.

    Does travel insurance cover me if I cancel my flight?

Yes, your travel insurer will cover all the expenses and losses incurred due to flight cancellation before the date of the departure. However, you have to give the valid reason for the cancellation.

    Who are the travel assistance partners?

Travel assistance partners provide essential information that helps the customers to organize their journey including administrative requirements, medical requirements, safety information, medical repatriation etc. 

    What document will I get as proof of Insurance?

You will receive a copy of the travel insurance policy detailing the benefit of the policy from the insurer. 

    Does Travel Insurance Cover the Loss of Credit Cards?

Yes, travel insurance policies cover credit card loss, having a travel policy covering credit card loss helps recover credit card replacement cost and compensation of any fraudulent transactions. 

    Are Non-refundable Tickets Covered Under Travel Insurance?

Yes, the non-refundable tickets are also covered under your travel insurance policy. But, the amount of compensation depends on your insurance policies and conditions.

    What is the meaning of medical repatriation?

Repatriation covers the cost of being transported home if it's medically necessary after a medical emergency has been stabilized. This includes medical transport if necessary. If the worst happens and a covered traveller dies on the trip outside the home country, this service will transport the remains back home.

    What is Emergency Cash Advance?

Assistance service when the person requires emergency cash following incidents like theft/burglary of luggage/money or hold up. Two popular emergency cash advance services available to you include emergency loans and traveller’s check. In order to be eligible for emergency cash advances, you must present an official police report for the incident.

    How am I covered in case I meet with an accident and suffer injuries / any loss?

The travel insurance policy covers will compensate you for any unfortunate losses or outcomes of an accident that takes place during your travel. In case of an injury/losses, you will be covered up to your sum insured amount by your travel insurance policy. All your medical expenses and bills including hospitalization will be covered by your travel insurer.

    What kinds of risks are covered under the travel insurance policy?

A travel insurance policy protects you from the risks of having a financial loss rising

due to accidents, medical emergencies etc while travelling. The most common risk that are covered under the travel insurance policy is:-

●     Accidental death and injury

●     Overseas funeral expenses

●     Medical expenses

●     Theft

●     Delayed/loss of baggage

●     Overseas dental treatment

●     Loss of passport

●     Home burglary insurance

    What benefit will I get from this insurance in case of a medical emergency?

In case of a medical emergency, you will get the following benefits from the travelinsurance:

●     Expenses incurred for any sudden illness or injury.

●     Medical evacuation to India.

●     Transportation expenses of mortals remain back to India.

●     Accidental bodily injury during the trip.

●     Cost towards burial in case of one’s sudden demise.

    I am not a professional sportsperson. Will I be covered if I meet with an accident while ballooning/gliding?

If you meet with an accident while ballooning/gliding, then you will have to bear treatment expenses on your own. This is because many travel insurance companies do not cover adventure sports activities unless you purchase additional cover for adventure sports. It is best to confirm with your travel insurance company.

    Does the travel health insurance policy cover for dental treatment?

Yes, the travel insurance covers the injuries or mishappening which occurs during the travel span. So in case you face any kind of mishappening during the travel and a medical emergency comes up so all the expenses during the treatment would be covered under the policy.

    Does health insurance in India cover any kind of diagnostic charges like MRI, X-Ray or any other body scans?

Yes, health insurance in India covers some medical tests and scans as per the terms and conditions mentioned in your policy for in-patient hospitalization.

    How will my policy help me if I lose my passport?

Under travel insurance policy we get an opportunity to apply for a new or a duplicate passport. All the expenses which might occur during this time which is to apply for a new passport all are covered under the travel insurance. Hence we can claim all those expenses from the bank.

    What will happen if my baggage does not clear in time? Will my policy help me in any way?

Under travel insurance, we cover all the expenses of your baggage if the baggage delivery is delayed for more than 12 hours. The procedure includes reporting the delay in baggage with the concerned airlines you have travelled. This works as proof of delayed baggage and also helps the authorities track the same. 

    What if a handbag is lost while travelling by airline, will it be covered?

If any handbag is lost during travelling it does not get covered under travel insurance. The policy only speaks for any delay in luggage which would be handled by the airliners. However, you need to present the required documents of baggage delay to get the benefit.

    If I suffer any loss while travelling by railway/ship in a foreign country, does my travel insurance policy help me in any way?

Yes if you are travelling by any of the commercial mediums you get the requisite cover for the points mentioned in your policy. Make sure to go through the covered expenses and conditions therewith while buying the policy. 

    If I hire a car while travelling and meet with an accident, will the policy cover me?

Any situation where you end up with any sort of injury, health problems, or even death is covered under the policy. Travel insurance is inclusive of the personal liability due to which it is eligible for these expenses incurred during the trip. Also, any third party property losses can be covered under this policy

    In case I am short of cash, can I avail of Financial Emergency assistance?

Getting compensation for the cash shortage is a special requirement and it only applies if you are a victim of a theft or a robbery. But, you won’t get help if you run out of cash on your trip.

    What if my flight is hijacked? Will my insurance policy be of any help?

If in any case flight in which you are travelling gets hijacked for more than 12 hours. All expenses faced during this period would be covered under the travel insurance. 

    My house is going to be locked for months. In case there is a robbery/theft or fire will the insurance policy reimburse us?

Yes, you can get the compensation for such an incident, but for that, you need to get the Home Burglary Cover. With this additional travel insurance policy cover, you can avail compensation for actual robbery or for attempted. However, you will not get the required help in case of a fire or any other incident. 

    As a student, if I fall sick and have to repeat a semester will my travel insurance policy help me in any way?

In case of any hindrance in your studies travel insurance policy may help you via the Study Interruption Cover. But this could be possible if the reason is valid and you are hospitalised for more than one month. The reason could be any illness or injury, disease or any medical grounds.

    Is pregnancy or disease/complication arising out of pregnancy covered?

Travel Insurance does not pay cover for the disease/complication arising out of pregnancy. In certain circumstances such as in unforeseen pregnancy complications can be covered to some instances or in the prior purchase of travel insurance plan then pregnancy.

    If I sustain a loss on the last day of the policy and continue treatment abroad will the policy be automatically extended to cover the loss?

Yes, if in a covered period any loss occurs then the insured will get the claim. But the policy will not get extended. All the expenses of the loss will be covered.

    If a loss is sustained during the policy period while abroad, and this results in death or disability after coming to India. Will this be covered?

Yes, if a loss sustained during the policy period while abroad results in death or disability after coming to India will be covered under Travel Insurance policy terms and conditions.

    What is Accidental death and Dismemberment-Common Carrier?

Accidental Death and Dismemberment-Common carrier is a travel insurance policy cover that provides the insurer cash due to loss of life or limb in an accident during a covered trip.

    What does this travel insurance policy cover under Compassionate visit?

This travel insurance policy covers the travelling expenses of any one family member or friend under a Compassionate visit apart from covering wholesome some for the loss of the insured.

    What cover does the International Travel Insurance offer towards home and home contents?

A standard travel insurance policy will not provide any sort of cover towards the home or its contents. To avail for the same, you need to get an add-on cover on your insurance policy. 

    Can the existing International travel policy be extended to cover domestic travel as well?

No, you cannot extend your existing international travel insurance policy to cover the domestic travel expenses as well. For domestic travel protection, you need to secure another domestic travel policy or rely on your health insurance policies to provide the required coverage. 

    Will the policy cover the expenses towards new passport loss incurred in India?

No, the International travel insurance will not cover the expenses towards new passport loss incurred in India but if the travel insurance includes domestic trips then the loss will be covered under some travel insurance plans.

    Do you cover Ambulance Charges also?

Yes, in case of accidents during the covered trips, all the expenses including the Ambulance Charges are covered under Travel Insurance Policy.

    Will my family be covered under one Policy or Do I need a separate policy for travel and separate claim documents for each family member?

One can take the Family Travel Insurance Policy to cover your entire family. No separate claim documents are required for each family member under this policy.

    I suffer from Hypertension/Diabetes. Can I buy a travel policy?

Yes, even if one suffers from Hypertension or Diabetes one can buy travel insurance but one has to disclose this fact before purchasing the travel insurance policy.

    What sum insured should I opt for while travelling to Schengen countries?

A minimum sum insured to travel to Schengen countries is about 30000 EUR which is equivalent to 2,692,890 Indian rupees. The minimum sum criteria may differ from one travel insurance to another but this is a general estimate.

    How long does it take to receive the policy papers once I purchase the insurance online?

When one purchases the travel insurance online, a confirmation is immediately received. Along with this confirmation an ID card is also sent which is printable. This ID card alone is enough to make a claim. 

    If a student travel policy is issued for 2 years, the sum insured is applicable every year or overall?

Travel Insurance for a student issued for 2 years is applicable for the entire period of the policy taken. The sum insured is not applicable every year.

    Does my international travel insurance cover me in case of emergency medical attention required on an OPD basis?

Yes, international travel insurance covers the insured in case of emergency medical attention required on an OPD basis. Travel Insurance covers for OPD, injuries, local emergencies, etc. But it does not cover Self-inflicted damages and illness.

    Will you have to pay an additional premium to extend your travel insurance?

In case you want to extend your trip, it's recommended to extend your travel insurance plan which automatically means an additional premium amount to be paid. To extend the policy one has to fill the extension form online or one has to visit and fill the form in the nearest branch.

    What are the modes of payment?

Travel Insurance can be purchased with both physical and digital modes of payment. In physical forms, they accept cash, cheque, debit, and credit cards. Digital modes refer to Google pay, Paytm, and several other options.

    How do I decide the scope of travel insurance I require while travelling or does the insurance company decide this?

One can decide the scope of travel insurance which he/she may require. The insurer can provide them with the travel insurance plans which will cover all their interests. The insurance company can only suggest you opt for a better plan with add-ons but won't decide the scope for you.

    Can I avail of discounts on my premium amount? How?

There are no provisions to avail any sort of discount on your premium amount. 

    What is Travel Insurance Premium?

The travel insurance premium is the sum one pays to get cover benefits in case of some unfavourable events listed under the terms, plans, and conditions of the policy. This sum is annually payable.

    How does Bajaj Allianz Travel Insurance settle its claims abroad?

In case any incident happens which is covered under the policy then all the expenses whether medical, services, hospitality, etc. are paid by the company and even cash in advance is also provided in some situations.

    Does a claim have to be lodged or made in a specific time frame from the time of the accident?

Yes, Travel Insurance states the time frame which is 30 days. Under this time window, the claim is to be filled so that the claim procedure can start. After this time frame, the claim is not processed. If the insured is unable to fill the claim document then his/her family member has to act on it.

    Do I need to pay the doctor/hospital/service provider or will they be paid by Bajaj Allianz?

No, you won't have to pay for a doctor, hospital, and service provider. All these expenses are covered in Travel Insurance and will be paid by the Bajaj Allianz. Apart from this Travel insurance policy also pay for the Compassionate visit in such cases.

    How long does it take to settle a claim?

After completion of all the formalities and documents, the claim is settled either in cash in case of death of the insured, cancel tickets, loss of passport, etc., or paid directly to the service providers, hospital, and doctor in case of injury or illness overseas

    What kind of documentation is required while making a travel insurance claim?

The extent of documentation required to get the travel insurance claim is minimal and this makes the process smooth. The documents required in case of an online purchase is the ID card and identity documents. Apart from this, the FIR copy is necessary.

    Do travel insurance plans Policy cover Pre-Existing diseases?

No, Travel Insurance plans won't cover pre-existing diseases such as diabetes, anxiety, mental disorder, HIV/AIDS, self-inflicted illness, alcohol/drug abuse, travelling against prescription by doctor or physician. Travel Insurance plans don't hide any of the facts and conditions which are not covered.

    In the case of any medical emergency is there any need for pre-approval before hospitalization? If pre-approval is required then what is the procedure?

In case of any medical emergency, one must contact the insurer's TPA so that they can make the negotiation for the cashless claim. In any case, this cashless claim is denied then one can fill for the reimbursement for the cash claim to meet the medical bills. 

    What is a sub-limit?

As the name sub-limit suggests, limitation. Well in travel insurance, sub-limit refers to the limitation on the amount of coverage which the insurance company is liable to the insured. It is a specific limitation on the coverage amount which limits the cover on a certain type or extent of the loss.

    Can I file a travel insurance claim once I return to India?

Yes, the insured can file a travel insurance claim once they return to India. The time window is 30 days or at the end of your trip. But this purely depends upon your travel insurance agency and the travel insurance plan which one has purchased.

    How will the reimbursement happen? Will I get the money in local currency or USD $?

One gets the policy reimbursement either in cash or the claim is settled on a cashless basis. If one gets reimbursement in cash then it can be in local currency or USD depending upon the location and situation.

    Will I receive the reimbursement money in my account directly or by cheque?

It is stated under the Business Travel Expense Policy that the advances for travel and reimbursement should be paid via cheques and not cash. So the amount of reimbursement money will be received in the form of a cheque by the insured.

    Can I claim for the treatment in India after returning to my home country?

Yes, one can claim for the treatment in India after returning to the home country if the treatment is prescribed to be taken under a specific doctor's residence of India or the treatment required is only available in India. But in reality, these cases are very rare.

    What if I am unable to submit original documents for reimbursement?

One has to submit the original documents for reimbursement or in any case one is unable to submit them such as if lost or destroyed, then one has to arrange its copy or make it new to get the reimbursement.

    Will I be able to extend the travel insurance policy if I already have an ongoing claim?

Yes, one can extend the travel insurance policy even if they already have an ongoing claim. The premium on the extended travel insurance will vary and this also depends upon the current plan and insurance company.   

    How many days does it take to settle the claim?

To settle the claim, one has to submit the required documents and after the acceptance of the same, the procedure will start. This procedure takes about 15 working days to process and then the claim is granted.

    Is an FIR required for the occurrence of an accident?

Yes, FIR is required on the occurrence of an accident. This is one of the necessary documents required for the claim and one must also provide the affidavit stating there was no third-party claim, if there was, then that must be disclosed as well.

    What is the Current Declined list of countries to which travel insurance coverage is not extended?

It depends on the package of your Travel Insurance. There are several types of packages such as worldwide, worldwide except America, Schengen countries, Asia, Asia excluding Japan and Korea, etc. The list of countries will be stated in which the insurance will cover the loss and also the countries which will not get covered under any loss.

    Will I be covered for any expenses incurred due to the treatment of COVID-19?

Yes, you will be covered for the expenses incurred due to the treatment of COVID-19 but not the expenses of isolation and quarantine by the Travel Insurance. This claim will be granted under certain conditions one of which is the time frame. 

    If I'm diagnosed with COVID-19, could I be covered for trip cancellation?

Yes, if you are diagnosed with COVID-19 within the 14 days of travel then you can get the trip cancellation coverage. Although this completely depends upon the insurer and the travel insurance one has purchased.

    How can travel insurance help people travelling through parts of the world with a heightened risk?

Travel Insurance helps people travelling through parts of the world with several plans. These plans provide coverage while travelling to different parts of the world but the amount of premium is high in comparison to other countries. 

    If I’m being advised to quarantine; are any of my accommodations or re-booking expenses covered?

No, the isolation and quarantine expenses are not covered by any insurer of the Travel insurance policy. The expenses of accommodation will be paid by you. The re-booking amount, however, may or may not be covered by several insurers.

    Is the COVID-19 cover applicable across all countries?

Yes, the COVID-19 cover is applicable across all countries. Moreover, COVID-19 Health Insurance is provided to pay for the treatment of the illness and other expenses as well which does not cost more. The Travel Insurance Policy may or may not provide the benefit all alone.

    What would be the documents required to file a claim for COVID-19?

To get the claim, one must provide documents such as identity documents, passport, copy of the report in which it was declared positive for COVID-19, hospitalization prescription letter by the doctor, insurance documents, etc. These are the necessary documents that are required to file a claim for COVID-19.

    Are there any general exclusions to the Coronavirus cover?

Yes, there are general exclusions to coronavirus cover. These general exclusions include home quarantine, non-recognizable quarantine centre, hospitalization without Doctor's recommendation, etc.

    Can I still extend my policy if I have contracted COVID-19? I want to get an extension as I'm stuck overseas - How do I do this?

Yes, you can extend your policy if you are contracted COVID-19. You have to download and fill the extension form, for the reason one has to disclose their condition. The insurer has to be informed when you get contracted immediately. 

    Are there any restrictions/guidelines on domestic travel insurance coverage for Coronavirus?

The conditions set forth due to coronavirus for international and domestic travel are similar. You are not eligible to secure any sort of coverage if your report is positive before travelling. 

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Budget latest: Braverman joins Tory critics of announcements - and says her 'worst fears' look like coming true

Chancellor Jeremy Hunt has delivered his budget, announcing measures like a national insurance cut and scrapping the non-dom tax status. Follow live analysis and reaction here in the Politics Hub.

Wednesday 6 March 2024 23:07, UK

  • Budget 2024: All the main announcements
  • Hunt denies 'last throw of the dice' before election
  • Tories want to 'eliminate' national insurance after 2p cut
  • PM did not take part in decision to scrap non-dom status
  • Braverman criticises budget - and her 'worst fears' becoming real
  • Sky News Daily:  Was that a budget for a May election?
  • Beth Rigby:  A safety-first budget despite having nothing to lose
  • Voters Panel: 'Great vote loser' fails to impress 2019 Tory backers
  • Live reporting by Ben Bloch and (earlier)  Emily Mee

 Here are all Jeremy Hunt's headline budget announcements:

  • National insurance cut by 2p in April - from 10% to 8%;
  • Freeze on alcohol duty extended until February 2025;
  • 5p cut to fuel duty to continue for 12 months;
  • Abolishment of non-dom status - a Labour idea that will raise £2.7bn a year;
  • High Income Child Benefit Charge threshold raised from £50,000 to £60,000;
  • Introduction of British ISA, allowing extra £5,000 investments in UK;
  • VAT registration threshold for businesses upped from £85,000 to £90,000;
  • £1m towards memorial for Muslims who died in two World Wars;
  • Repayment period doubled to 24 months for new budgeting advance loans for low-income people;
  • £90 charge for obtaining debt relief order abolished;
  • Household Support Fund kept at current level for six months;
  • £45m for medical charities, including £3m for Cancer Research UK;
  • Nearly £6bn for the NHS, including £3.4bn for "outdated" IT systems;
  • £75m for violence reduction units and "hotspot policing";
  • £105m over next four years to build 50 special free schools;
  • Introduction of excise duty on vaping products and one-off increase in tobacco duty;
  • Reduction of higher capital gains tax rate on property from 28% to 24%.

Our political correspondent Serena Barker-Singh runs through the main points below:

Thank you for joining us on the Politics Hub for likely the last budget day before the general election.

Here are the key announcements from the chancellor:

  • High Income Child Benefit Charge threshold raised from £50,000 to £60,000.

You can read the full details of the budget here .

Here's how it went down:

  • Sir Keir Starmer attacked the budget as "the last desperate act of a party that has failed" as he branded Jeremy Hunt and Rishi Sunak "the Chuckle Brothers of decline" (more on his reaction here );
  • The Scottish Tory leader said he is "deeply disappointed" that the windfall tax on excess oil and gas profits is being extended - and announced he will not support the measure;
  • A serving government minister, Andrew Bowie, also said he is disappointed that the windfall tax is being extended;
  • The Lib Dems branded the statement as a "bottom of the barrel budget from a Conservative government that has given up governing";
  • And many MPs called for a general election as soon as possible.

Here's what else happened:

  • Jeremy Hunt told Sky News that the budget is "absolutely not" the last throw of the dice before the general election;
  • The government lost a further five votes over the Rwanda bill in the House of Lords, bringing the total number of defeats to 10 out of 10;
  • It emerged that it cost taxpayers £15,000 to cover damages paid to an academic Science Secretary Michelle Donelan had falsely accused of supporting Hamas;
  • Suella Braverman did not rule out running for Tory leader when speaking to Sky News earlier, but said it won't happen "any time soon".

Join us again from 6am for the very latest political news.

As you might expect, there is a range of reactions to the budget from the newspapers.

The Times leads on Jeremy Hunt saying "we've turned a corner", and The Telegraph goes big on the Tory party's plan to scrap national insurance entirely.

The Daily Mail is slightly more lukewarm, questioning whether the budget will be enough to "see off Labour" - while the Daily Mirror says: "We deserve better".

You can see all of tomorrow's front pages in our dedicated live blog here:

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We spoke a little earlier to the executive chair of Iceland supermarkets, Richard Walker, and we started by asking how today's budget will land with his customers.

He said: "I don't think they'll be declaring that this is a great budget from their rooftops.

He described it as "quite a cynical, almost Thatcherite budget where they're throwing a bit of red meat to the Tory base, claiming tax cuts".

But in reality, he said, the tax take is "the highest its ever been", adding: "Certainly my customers are feeling that day in, day out, and that taxpayers are getting rinsed."

Mr Walker said his customers want things that "make a real, meaningful difference", such as "better bus connectivity, better waiting lists, better access to dentistry, things like that".

"And I don't think a tweak here or there of 2% to national insurance will make a significant difference.

"And I certainly don't think it will have the desired effect of what we really need as a nation and as an economy, which is to elevate us onto a higher growth trajectory.

"This is just at the 11th hour, tinkering around the edges."

Put to him that the chancellor argues this budget will deliver growth, the supermarket boss replied: "I don't buy that. It's the kind of structural, long term vision that we need."

He called for the government to borrow more to invest in order to grow the economy, citing the US and China as examples.

The sort of investment those countries are making is "unlocking two or three times the amount that the government is investing in what's become a global arms race".

"Where are we in this arms race? We can't even build a train track," he said.

By Ed Conway , economics and data editor

Perhaps the most telling thing to say about this budget is that it was just… a little bit thin.

Indeed, in terms of its impact on the public finances, it was significantly smaller than the autumn statement.

Back in November , the chancellor delivered £20bn worth of tax cuts, roughly split between the 2p cut to national insurance and the introduction of "full expensing" on business investment.

Today's budget was essentially half the size of the autumn statement, amounting to around £10bn of tax cuts - essentially a further national insurance cut and a few other bits and pieces.

The chancellor spent much of his speech calling this a "tax-cutting budget", but this is not entirely accurate.

Read Ed's full analysis here:

By Faye Brown , political reporter

It cost taxpayers £15,000 to cover damages paid to an academic Science Secretary Michelle Donelan had falsely accused of supporting Hamas.

The cabinet minister is facing calls to resign and cover the cost herself after her department confirmed the fee.

Labour said it is "outrageous" the taxpayer is having to "pick up the legal bill for hurling abuse at a scientist online".

Ms Donelan on Tuesday issued a statement saying there was "no evidence" Professor Kate Sang was a supporter of the militant group.

Afterwards the Department for Science, Innovation and Technology (DSIT) confirmed they had covered the cost of the damages but would not say how much that was.

Libel action was launched after the minister tweeted a letter she had written to UK Research and Innovation (UKRI) in October, expressing "disgust and outrage" that Prof Sang and another academic, Dr Kamna Patel, had "shared extremist views" and, in Prof Sang's case, alleged she had expressed sympathy for Hamas after the 7 October attacks in Israel.

Read the full story here:

By Beth Rigby , political editor

If you were looking for pre-election fireworks in this budget, look away now.

There was neither soaring rhetoric to win the hearts and minds of the nation nor eye-catching policies to back it up.

Jeremy Hunt was true to himself, choosing fiscal responsibility over political excitement.

The shadow of Liz Truss's mini-budget still looms large. Mr Hunt was taking no risks with the public finances in a budget that was far smaller in tax cuts and policy decisions than the autumn statement.

Normally, when insiders tell you that the chancellor is limited in what he can do - in the context of the economic backdrop and that this budget will be "a proof point" that the prime minister is delivering on his plan, rather than a "poll gamechanger", a few months from an election - you take it with a pinch of salt.

I wasn't the only one, with senior Tories telling me they were still expecting more than the two percentage point cut to national insurance on the day.

Read Beth's full analysis here:

Our economics and data editor Ed Conway  says the UK remains in "negative territory", with people still paying more in tax than ever before. 

In a historical context, he says the budget is not as wide as usual, being one of the lowest for any chancellor in a long time.

In the video below, he breaks down all the main announcements and what they mean for you:

Part of the budget was a promise from Jeremy Hunt to "help small businesses", which he said is "close to my own heart".

He pledged £200m of funding to extend the Recovery Loan Scheme as it transitions to the Growth Guarantee Scheme.

And on VAT, he said he will increase the registration threshold by £5,000, which will "bring tens of thousands of businesses out of paying VAT altogether".

But  Harp Chatha , director of a property rental agency, tells The UK Tonight that the Treasury "will only suffer" and questioned where the money will come from to fill the gap.

He dismisses the £5,000 threshold rise, saying "it won't make a great deal of difference" to small businesses like his.

Rochelle Siviter , a special educational needs consultant, says the chancellor has "mis-sold the VAT matter".

She says it won't make any difference to many small businesses because they are already registered to pay VAT.

Rochelle has also done the maths and calculated that the threshold rise per month is just £416 extra in turnover, which "doesn't seem to make any particular sense".

"Should we be grateful? I don't feel very grateful for that I'm afraid."

On The UK Tonight , we are hearing from three members of our Voters Panel in the target seat of Great Grimsby and Cleethorpes ( read more on the Target Towns project here ).

We start by asking for their reactions to today's budget.

Rochelle Siviter , a special educational needs consultant, tells Sarah-Jane Mee there was nothing in the budget that made her jump for joy.

"I found it a disappointing budget given that we've got a general election coming up."

She says she has more concerns about the content of the budget than she is happy about other measures.

She feels the measures to help small businesses have not matched the government's rhetoric, but she is "slightly happy" there is help around childcare, although it appears "negligible".

Sarah Stook , a writer, says she is "generally quite cynical when it comes to politics" so was not expecting much.

But she goes on: "I don't feel like it was a budget for any age, I don't think it was a budget for my generation or younger, or particularly for my parents' generation."

She was expecting "more of a giveaway", and felt it was quite "restrained".

"Nothing particularly, I think, would help me personally, or perhaps any voters who are subject to changing their minds."

Harp Chatha , director of a property rental agency, labels the national insurance cut a "token gesture", saying taxpayers are "being lied to".

She says the pledge to abolish national insurance entirely is "just to get voters on the side of the Tory party", and the Treasury will suffer.

"Where will they find further funds to fill the coffers?" he questions.

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Virat Kohli, Anushka Sharma-backed Go Digit gets Sebi's nod to launch IPO

Go digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers..

Arushi Jaiswal

It is pertinent to mention that cricketer Virat Kohli and his wife and actor Anushka Sharma are among the investors in the firm.

According to the draft red herring prospectus (DRHP), Go Digit's proposed IPO comprises fresh issuance of shares worth Rs 1,250 crore and an Offer For Sale (OFS) of 10.94 crore shares by promoter Go Digit Infoworks Services and existing shareholders. Proceeds from the fresh issuance would be utilised for the augmentation of the company's capital base and maintenance of solvency levels and for general corporate purposes.

According to an update with the Sebi on Monday, the regulator gave its observation on March 1. In Sebi's terminology, receiving an observation letter signifies the regulator's approval to proceed with launching the public issue.

Go Digit submitted DRHP in 2022

The company initially submitted the Draft Red Herring Prospectus (DRHP) to Sebi in August 2022 with the intention of raising funds through an initial public offering (IPO). However, the process was delayed primarily due to specific compliance issues related to the employee stock appreciation rights scheme.

Sebi returned Go Digit's draft IPO papers on January 30, 2023, and requested the company to resubmit the documents with certain updates. Subsequently, the company filed the revised preliminary IPO papers with Sebi in April 2023.

Go Digit provides a wide range of insurance products including motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and various other insurance solutions tailored to meet the diverse needs of customers.

It is one of the first non-life insurers in India to be fully operated on the cloud and has developed application programming interface (API) integrations with several channel partners.

Other companies that got Sebi's nod 

Apart from Go Digit, Denta Water and Infra Solutions Ltd and KRN Heat Exchanger and Refrigeration Ltd have also received approval from Sebi to launch their maiden public issues. These two firms submitted draft IPO papers to Sebi between December 2023 and January 2024.

Denta Water and Infra Solutions' IPO comprises entirely of a fresh issue of up to 75 lakh equity shares with no offer for sale (OFS) component. The proceeds from this fresh issue, amounting to Rs 150 crore, will be utilized to meet working capital requirements.

On the other hand, the initial public offering of KRN Heat Exchanger is solely a fresh issue of 1.93 crore equity shares with no offer for sale component. The funds raised will be utilized for investing in the wholly-owned subsidiary KRN HVAC Products for establishing a new manufacturing facility at Neemrana, Alwar, in Rajasthan.

Shares of these three companies will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

(With PTI inputs)

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Check these 11 cheap foreign destinations to travel from India for your 2024 summer vacation

Most of these countries allow Indians to travel visa free, have ample of entertainment options for the entire family, allowing for memorable experiences without breaking the bank.

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By CNBCTV18 Travel Desk   Mar 6, 2024 1:21:21 PM IST (Updated)

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It's that time of the year when you need to start planning your summer vacation to a nice, but budget-friendly foreign destination. To help you zero down on a scenic destination to enjoy the summer break with your family, the CNBC-TV18 Travel Desk has handpicked 11 awesome but inexpensive countries to take your family for the summer break. Read on to discover the average cost you’d need to shell out for each of these 11 destinations. Consider travelling to one of these places as the Indian rupee holds stronger value against the local currency. You wouldn't mind splurging at these destinations as they provide value for money. Most of these countries allow Indians to travel visa free, have ample of entertainment options for the entire family, allowing for memorable experiences without breaking the bank. (Image: Shutterstock)

CNBCTV18

No 1. Thailand | Return trip cost from Mumbai or Delhi: Under ₹ 30,000 per person | Accommodation cost per day for budget Hotel: Around ₹ 3,000 per person | Cost of meal per day: Under ₹ 1,100 per person. (Image: Reuters)

CNBCTV18

No 2. Vietnam | Return trip cost from Mumbai or Delhi: Under ₹ 30,000 per person | Accommodation cost per day for budget hotel: Around ₹ 2,000 per person | Cost of meal per day: Under ₹ 900 per person. (Image: Reuters)

No 3. Cambodia | Return trip cost from Mumbai or Delhi: Around Rs 50,000 per person | Accommodation Cost per day for budget hotel: Around Rs 4,000 onwards | Cost of meal per day: Under Rs 1,000. (Image: Shutterstock)

No 3. Cambodia | Return trip cost from Mumbai or Delhi: Around ₹ 50,000 per person | Accommodation Cost per day for budget hotel: Around ₹ 4,000 onwards | Cost of meal per day: Under Rs 1,000. (Image: Shutterstock)

CNBCTV18

No 4. Indonesia | Return trip cost from Mumbai or Delhi: Under ₹ 70,000 per person | Accommodation Cost (Per Day for Budget Hotel): Around ₹ 3,000 onwards | Cost of meal per day: Under ₹ 1,100. (Image: Shutterstock)

CNBCTV18

No 5. Taiwan | Return trip cost from Mumbai or Delhi: Under ₹ 80,000 per person | Accommodation Cost per day for budget hotel: Around ₹ 6,000 | Cost of meal per day: Under ₹ 1,500. (Image: Reuters)

CNBCTV18

No 6. Georgia | Return trip cost from Mumbai or Delhi: Under ₹ 62,000 per person | Accommodation Cost per day for budget hotel: Around Rs 3,000 | Cost of meal per day: Around ₹ 600. (Image: Reuters)

CNBCTV18

No 7. Laos | Return trip cost from Mumbai or Delhi: Under ₹ 63,000 | Accommodation cost per day for budget hotel: Around INR 4,000 onwards | Cost of Meal per day: ₹ 500. (Image: Shutterstock)

CNBCTV18

No. 8 Turkey | Return trip cost from Mumbai or Delhi: Under Rs 75,000 | Accommodation cost per day for budget hotel: Around ₹ 8,000 onwards | Cost of meal per day: ₹ 600. (Image: Shutterstock)

CNBCTV18

No. 9 Seychelles | Return trip cost from Mumbai or Delhi: Under ₹ 85,000 | Accommodation cost per Day for budget hotel: Around Rs 8,000 onwards | Cost of meal per day: Around ₹ 3,500. (Image: Shutterstock)

CNBCTV18

No. 10 Nepal | Return trip cost from Mumbai or Delhi: Under ₹ 50,000 | Accommodation cost per day for budget hotel: Around ₹ 2,000 | Cost of meal per day: Rs 600. (Image: Shutterstock)

CNBCTV18

No. 11 Dubai | Return trip cost from Mumbai or Delhi: Under Rs 40,000 | Accommodation cost per day for budget hotel: Around Rs 2,500 onwards | Cost of meal per day: Around ₹ 3,300. (Image: Shutterstock)

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Life Insurance Corporation hikes stake in LIC MF

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LIC gains on receiving income tax refund of Rs 25,464 cr

Board of life insurance corporation of india recommends interim dividend, pb fintech jumps as unit gets irdai nod to sell reinsurance products, lic hits record high after q3 pat climbs 49% yoy to rs 9,444 cr, pb fintech's subsidiary gets approval from irdai to act as 'composite insurance broker', indiabulls housing finance receives upgrade in credit ratings from moody's, infosys renews digital innovation partnership with atp tour until 2026, singapore market rebounds 0.93%, rk swamy ipo subscribed 25.78 times, inr settles near one-month high; local indices scale to record high.

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First Published: Mar 06 2024 | 6:04 PM IST

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  6. Insurance Act 2079 By CA Mahesh Gyawali

COMMENTS

  1. travel insurance: IRDAI introduces standard travel insurance policies

    The guidelines were issued by the Insurance Regulatory and Development Authority of India (IRDAI) on May 5, 2021. As per the guidelines, there will be five variants of the travel insurance product and these will be basic mandatory covers which will be uniform across the insurance industry.

  2. Acts

    IRDA Act as amended by Insurance Laws (Amendment) Act 2015.pdf. 624 KB. Non-Archived. Insurance Act,1938 - incorporating all amendments till 2021. 12-08-2021. Insurance Act,1938 - incorporating all amendments till 2021. 2021. Insurance Act,1938 - incorporating all amendments till 20212021-08-12.pdf.

  3. PDF TRAVEL INSURANCE MODEL ACT Table of Contents

    This Act shall be known as the "Travel Insurance Model Act." Section 2. Scope and Purposes . A. The purpose of this Act is to promote the public welfare by creating a comprehensive legal framework within which Travel Insurance may be sold in this state. B. The requirements of this Act shall apply to Travel Insurance that covers any resident ...

  4. IRDAI Guidelines on Standard Travel Insurance Policy

    1. Standard Travel Insurance Policy,<name of the Insurer>. 2. 1) Hospitalization expenses- Medical expenses incurred on hospitalization due to accident while travelling in a common carrier or public transport as a fare paying passenger. The coverage is admissible if the period of hospitalisation is 24 hours and above.

  5. Guidelines on Standard Domestic Travel Insurance Product INDEX

    4. Annexure-3: Form for filing the Standard Domestic Travel Insurance Product 47 Survey No. 115/1, Financial District, Nanakramguda, Hyderabad 500 032 Phone: 040-20204000; www.irda.gov.in • m«fu:r ~ 1 Rlf.11:111-icii dR fcrcmnrrf~ INSURANCE REGULATORY AND lr.tai DEVELOPMENT AUTHORITY OF INDIA

  6. Travel insurance: IRDAI cracks down on misselling of travel insurance

    The Insurance Regulatory and Development Authority of India (IRDAI) circular dated 27.09.2019 states: "Insurers shall ensure that any portal or App providing the travel insurance coverage shall not pre-select the option of buying the travel cover as a default option.

  7. Travel Insurance

    This is an official consumer education website of Insurance Regulatory and Development Authority of India,(IRDAI), a statutory body established under an Act of Parliament. This site is best viewed in 1024 * 768 resolution with Chrome, Firefox, Safari and Microsoft Edge.

  8. PDF The Insurance Act, 1938

    — (1) This Act may be called the Insurance Act,1938. 2[(2) It extends to the whole of India 3***.] (3) It shall come into force on such date4as the Central Government may, by notification in the Official Gazette, appoint in this behalf. 2. Definitions. — In this Act, unless there is anything repugnant in the subject or context,—

  9. Best Travel Insurance Plans To Buy In India 2024

    Forbes Advisor India analyzed more than 50 travel insurance plans are scored them on the basis of these key considerations: Coverage for Medical Needs (20%): These include medical evacuation ...

  10. Travel Insurance For a Trip to India (2024)

    To give you an idea of travel insurance costs, the MarketWatch Guides Team requested quotes from five leading international travel insurance providers for a trip to India. The below quotes are for ...

  11. Government issues the Insurance Laws Amendment Bill 2022 ...

    13 minutes The government of India recently issued a draft bill titled the Insurance Laws (Amendment) Bill, which proposes significant amendments to the Insurance Act 1938 and the Insurance ...

  12. India: The Insurance Laws (Amendment) Bill 2022

    Introduction. Following a comprehensive review of the insurance legislative framework in India by the Finance Ministry, in consultation with the IRDAI and other stakeholders in the industry, the Government of India has issued a draft Bill titled "The Insurance Laws (Amendment) Bill, 2022" ("Draft Bill") on 29 November 2022.The Draft Bill proposes significant amendments to the Insurance Act ...

  13. Travel Insurance To India: A Guide

    2. Southern Cross Travel Insurance. Learn More. Medical Cover. Including medical treatment, doctors' visits, prescribed medication, specialist treatment & medical transport costs. Cancellations ...

  14. How To Choose The Best Travel Insurance In India In 2023

    Invest in a policy which has a low period to cover pre-existing diseases. Pick the right sum insured based on your age and marital status. Opt for travel insurance in India from an insurance company that has a high claim settlement ratio. Take a policy that offers the highest sub limits on per day expenses and room rent.

  15. India Travel Insurance, Tips and Safety Information

    When traveling to India, exercise increased caution on your trip. India has a heightened threat of crime, civil unrest and terrorist activity. Be vigilant of your surroundings and don't travel alone when possible. Women should take additional precautions, as sexual violence is a significant concern, especially on various forms of public ...

  16. Travel Insurance: USA To India Trip

    Trip Cancellation Insurance for India Trips. The historical significance of tourist sites in India warrants walking and long days of touring, so you want to make sure you are in the best possible ...

  17. NRI Travel Insurance: Travel Insurance for NRIs in India (Explore Policies)

    Benefits of Travel Insurance for NRIs Visiting India. India is a land of diversity, from the snow-capped peaks of the Himalayas to the serene backwaters of Kerala. But travelling in such a diverse country comes with its set of challenges. That's where NRI Travel Insurance proves beneficial. ‍ Medical Emergency Coverage: India is a sensory ...

  18. Annual Report 2021-22

    section 64U of the Insurance Act, 1938 (4 of 1938) 85 ... I.46 Business under Overseas Travel Insurance 41 I.47 Business under Domestic Travel Insurance 41 I.48 Health, PA, and Travel Insurance Business Underwritten Outside India 42 ... I.4 Insurance Density in India 9 I.5 Insurance Penetration in Select Countries in 2021 9

  19. Travel Insurance for India: The Best Options in 2024

    VisitorsCoverage: Best Medical Coverage. Among the internet's best-known insurance platforms, VisitorsCoverage is a pioneering Silicon Valley insurtech company that offers comprehensive medical coverage for travellers going abroad to India. It lets you choose between various plans tailored to meet the specific needs of your trip to India, including coverage for medical emergencies, trip ...

  20. Buy Travel Insurance Policy Online in India 2024

    Travel Insurance Online: Buy Travel Insurance Policy Online from Tata AIG with Global COVID-19 Coverage* Medical Cover upto $5,00,000 No Paperwork Prices starting at 40.82 Per Day Euro Assist in 190+ Countries Emergency Medical Assist Baggage Loss Lost Ticket Coverage Lost Passport. Buy the best travel insurance policy today!

  21. Travel Insurance: Buy Travel Insurance Policy Online in India 2024

    Travel Insurance. Travel insurance protects your entire journey from major financial losses. It helps with expenses because of sudden medical & trip-related emergencies during foreign and domestic trips. Travel insurance benefits include cashless medical, baggage & flight delay, passport loss, trip cancellation and more.

  22. Buy Travel Insurance Policy Online in India @Best Price

    Buy Travel Insurance Online from Bajaj Allianz Website. Step 1 : Visit our website and proceed by by selecting the type of insurance you want to avail. You can choose from Individual, Family, Business, or Student.. Step 2 : Fill in your full name in the given column and then select the policy type.

  23. Government of Karnataka notifies the Karnataka Compulsory ...

    Section 4A of the Gratuity Act provides that on and with effect from the date notified by the 'appropriate Government', every employer within the ambit of such government and covered under the ...

  24. Budget latest: Braverman joins Tory critics of announcements

    Chancellor Jeremy Hunt has delivered his budget, announcing measures like a national insurance cut and scrapping the non-dom tax status. Follow live analysis and reaction here in the Politics Hub.

  25. Virat Kohli, Anushka Sharma-backed Go Digit gets Sebi's ...

    Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.

  26. Is Travel Insurance Mandatory For The US?

    Risks associated with overseas travel include medical problems, canceled or delayed flights, misplaced luggage, and other unanticipated circumstances. The correct kind of travel insurance offers ...

  27. India Code: Insurance Act, 1938

    The Insurance Act, 1938. Hindi Title: बीमा अधिनियम, 1938. Long Title: An Act to consolidate and amend the law relating to the business of insurance. Ministry: Ministry of Finance. Department: Department of Financial Services.

  28. Check these 11 cheap foreign destinations to travel from India for your

    The CNBC-TV18 Travel Desk has handpicked 11 awesome but inexpensive countries to take your family for the summer break. Read on to discover the average cost you'd need to shell out for each of these 11 destinations. Consider travelling to one of these places as the Indian rupee holds stronger value against the local currency. You wouldn't mind splurging at these destinations as they provide ...

  29. Life Insurance Corporation hikes stake in LIC MF

    Life Insurance Corporation of India has increased its shareholding through private placement basis in LIC Mutual Fund Asset Management (LIC MF). After the said private placement, shareholding of the Corporation in LIC MF has increased from 5906 to 6865 equity shares, i.e., from 40.93% to 44.61% of the paid-up capital of the said Company.