Travel plans that are so cheap, you'd not think twice before making a trip.

Best Travel Insurance Plans in India

Travel insurance is a product that safeguards the insured from suffering a financial loss resulting from uneventful circumstances and incidents during his or her trip. Hence, a travel insurance plan is indeed a friend in need, in times of such distress as it provides the much needed financial assistance in an unforeseen situations while travelling in India or abroad. Without a doubt, a travel insurance policy is something every traveller must possess, whether a solo traveller, business traveller, family traveller or a student travelling for studies.

Top 5 Travel Insurance Plans in India

There are various general insurance companies in the country that sell travel insurance policies with unique features and benefits to individuals. There are a few travel insurance plans that provide customers with exceptional policies, features, advantages and coverage. These are the top 5 travel insurance plans in India. These plans generally provide worldwide emergency assistance, coverage for repatriation, medical expenses and evacuation services, loss of baggage, passport, personal accidents, loss of travel documents, etc. They are as follows:

TATA AIG Travel Insurance Plans

Offers a wide range of travel insurance policies that are customized to fit the customers requirements, along with comprehensive coverage.

Travel Guard Plan

Overseas travel insurance plan that shields the insured in case of any unforeseen situation occurring on his or her trip abroad.

Features

  • Five plans under it- Silver, Silver Plus, Gold, Platinum and Senior Plan. Also consists of an Annual Multi Trip programme i.e the Annual Multi Trip Gold Plan and the Annual Multi Trip Platinum Plan.

  • Annual multi trip renewals permit a 30 day grace period and 15 day free look period.

Benefits

  • Enhanced sum insured at the time of renewals

  • Complete protection during travel for instance, loss of baggage, delay of checked baggage, etc.

Coverage

  • Accident related expenses

  • Sickness related expenses

Student Guard Plan

Specifically made for students who travel abroad for higher studies.

Features

  • Offers 5 plans, such as plan A, plan B, Ultimate, Ultimate Plus and Supreme along with Accident and Sickness Medical Expenses Reimbursement limits of $50,000, $100,000, $250,000 and $500,000 respectively.

  • Add-ons like Maternity Benefits, Child Care, Mammography examinations, Cancer screenings, Mental and Nervous disorders. Benefits

  • Special extensions like cover for childcare, pre-existing diseases, maternity benefits, mental or nervous disorder treatments, on-going physiotherapy, cancer and mammography examinations.

  • Family member visit/ compassionate visit.

Coverage

  • Sponsor protection

  • Payment of fraudulent charges

  • Study interruption, which means that in case an insured student cannot continue with his or her studies , this student guard plan will offer coverage for the unused tuition fees.

Asia Travel Guard Plan

This plan offers financial protection to customers travelling within Asia.

Features

  • Special assistance services like hospital admission arrangements, emergency travel services, embassy referral services, information of claim procedures, etc.

  • Protection for travels in Asia exclusively

Benefits

  • Personal liability for third-party damages

  • Injury or death caused to another person

Coverage

  • Personal accident protection of $15,000

  • Sickness expenses

  • Medical expenses

Domestic Travel Guard Plan

This plan offers coverage for travels within India by air, rail and road.

Features

  • Reimbursement in case of missed departure by air or rail.

  • Extra accommodation charges paid under this plan, in case of trip delay.

  • 24x7 assistance and referral services (medical evacuation, legal help, loss of luggage or travel documents, etc)

Benefits

  • Life time renewal for annual multi-trip policy

  • Bail bond related support

Coverage

  • Medical expenses due to an accident

  • Lodging charges if trip is delayed

  • Lost tickets compensation

Apollo Munich Travel Insurance Plans

Being popularly known, it provides solutions for every travel concern one may have.

Easy Travel Individual Insurance Plan:

An individual plan that safeguards the insured in various situations.

Features

  • Compensates for expenses involved in getting new passport or other travel documents.
  • Provides emergency financial help in case of theft.

Benefits

  • Medical assistance, treatment, and evacuation

  • Hospital cash benefit

Covers

  • Trip delay, cancellation or curtailment

  • Personal legal liability

  • Easy Travel Family Insurance Plan: This plan covers your family from the age of 6 months upto 70 years of age. The family plan is devised in three variants: Silver, Bronze and Asian Region, sum insured ranging from USD 25,000 to USD 1,00,000.

Features

  • Insures two adults and upto two children.

  • The plan has three variants: silver, bronze and asian region.

Benefits

  • Dental treatment care

  • Reimbursement if baggage lost or delayed

Coverage

  • Financial emergency cash
  • Hijack daily allowance
  • Easy Travel Senior Citizen Insurance Plan: This plan offers travel cover for senior citizens. This plan is devised for people in the age group of 71-80 years. It is available in two variants: Silver and Bronze, with sum insured options of USD 1,00,000 and USD 50,000.

Features

  • Available in two variants, i.e. silver and bronze.

  • Reimbursement in case of delay in checked-in baggage

  • Extremely convenient and helpful for senior citizens

Benefits

  • Medical treatment

  • Dental treatment due to emergency

  • Financial emergency cash paid in the event of theft or loss of money abroad

Coverage

  • Personal accident and disablement

  • Cost to make new travel documents

Easy Travel Annual Multi Trip Insurance Plan

This plan is for frequent travellers who travel abroad many times a year.

Features

  • Worldwide coverage except US and Canada

  • Hijack daily allowance cash

Benefits

  • Medical evacuation

  • Repatriation of mortal remains

Coverage

  • Trip cancellations and interruptions

  • Personal liability coverage

Educare Student Travel Insurance Plan

Covers students travelling abroad for academics.

Features

  • Available in four variants- Platinum, Gold, Silver and Bronze, along with sum insured alternatives

Benefits

  • 30 days from the end of the risk period, medical costs are taken for treatment

  • Medical financial protection for trips back in India

Cover

  • Compassionate visit

  • Bail bond

Reliance Travel Insurance Plans

This company is one of the most widely known in the insurance industry. It is customer- oriented and has a huge client base. The company ensures that their customers have a memorable, exciting and safe international travel. It offers coverage for medical expenses, daily hospital cash allowances, compensations related to trip delays or cancellations, loss of tickets, passport and other important documents, loss of luggage and personal belongings, etc.

  • International Travel Insurance: An all-inclusive plan offering complete coverage to policy holders. It is customized as per your need, as each country has its own requirements.

Features

  • Provides personal accident or disablement cover
  • Offers reimbursement for medical expenses or other losses due to terrorism ####Benefit
  • Speak to a multi-lingual experts through the 24x7 hotline assistance service that enables you to communicate your problem effectively in any country and resolve it. (loss of debit card, theft, medical emergency, etc.)
  • Complete protection towards your health, medical emergency, evacuation, tour support service)

Coverage

  • Compassionate visit
  • House theft insurance

Schengen Travel Insurance

Schengen approved travel insurance plans that allow you to visit various Schengen countries.

Features

  • Provides claim settlements and coverage in Euro
  • Has basic plan and standard plan variant alternatives

Benefit

  • Cashless services offered through emergency assistance providers
  • Automatic extension of policy

Coverage

  • Trips consisting of winter or adventure sports
  • Compensation of a return ticket cost of a family member visiting you
  • In case of a life-threatening disease, covers pre-existing sickness and maternity as well

Asia Travel Insurance Plan

Protects you during your travel within Asia.

Features

  • Available in two variants i.e. silver and standard
  • No medical check-up required
  • Hassle-free and cashless claim settlements

Benefits

  • Comprehensive protection as a much lower cost as compared to global coverage plans
  • Policy is issued instantly

Coverage

  • Subject to prior declaration, coverage offered for winter and adventurous sports
  • Emergency cash availability

Annual Multi-trip Insurance Plan

This plan is for people who love travelling to new places or make several trips abroad due to business. It enables policyholders to safeguard all travel plans in the entire year.

Features

  • Easy yearly renewability
  • Free look and grace period provided

Benefits

  • Saves you the cost and hassle of buying a travel insurance each time you travel
  • Automatic cancellation cover facility that reimburses the cost of flights and hotel if you cancel your trip due to some reason

Coverage

  • Compensation in case you miss a connecting flight
  • Dental treatment expenses due to an incident

Senior Citizen Travel Insurance Plan

This plan offers travel protection exclusively to senior citizens.

Features

  • In case of hijack, special distress allowance is provided
  • In case of loss of passport, expenses are taken care of to obtain a new passport Benefits
  • In case your are hospitalised, the policy reimburses the return ticket cost of a family member visiting you
  • Cashless hospitalization in a situation of emergency

Coverage

  • Covers repatriation expenses
  • Trip delay, cancellation or interruption

Student Travel Insurance Plan

For students travelling abroad for studies.

Features

  • Affordable premium rates
  • Five easy premium payment options- IVR, cheque, mobile, online or at a Reliance branch office.

Benefits

  • Protection for non-medical benefits
  • Considering the students study tenure, the policy offers insurance coverage upto 2 years.

Coverage

  • If you cannot continue your studies due to medical reasons, the policy will reimburse your tuition fees for the rest of your semester.
  • If the person who pays your tuition fee passes away due to any kind of injury, the policy compensates the tuition fee expenses.

Bajaj Allianz Travel Insurance Plans

A leader in world-class products and reliable services, this company offers various types of travel insurance plans for you as well as your whole family. Providing various incredible features and benefits, it has an extensive coverage. It includes general coverages like hospitalization costs, accident covers, emergency cash advance option, loss of documents, etc.

Individual Travel Insurance Plan

Travel abroad without any worry by shielding yourself with this plan.

Features

  • Emergency cash advance
  • Innovative and creative plans to suit your individual needs- travel care , travel secure, travel value, travel asia.

Benefits

  • Quick claim settlements
  • Worldwide local expertise provided

Coverage

  • Golfer hole-in-one
  • Compensation for baggage delay or loss
  • Family Travel Insurance Plan: Provides coverage to your family on vacations abroad.

Features

  • Cashless services
  • Emergency cash advance

Benefits

  • In-house international toll free numbers and fax facilities
  • Nominal premium

Coverage

  • Compensation for trip delays and cancellations
  • Provides security against house theft while on vacation with family abroad
  • Senior Citizen Travel Insurance Plan: Helps you spend your retirement with carefree vacations.

Features

  • This insurance policy can be issued in one business day to indian customers
  • No medical ports required for 180 days

Benefits

  • Trip curtailment reimbursement
  • Limit on anyone sickness or medical costs

Coverage

  • Maximum coverage of $50,000
  • Daily cash allowance if admitted in hospital for every 24 hours
  • Student Travel Insurance Plan: Protection for students going abroad for studies.

Features

  • Immediate world wide call support
  • Golfers hole-in-one
  • Offers three plans- Standard, silver and gold plan.

Benefits

  • Assists in obtaining new travel documents in case of loss of passport or important travel documents
  • Family visit cost

Coverage

  • Tuition fee coverage
  • Bail bond coverage
  • In case of accident of sponsor, the plan offers financial support to the student
  • Corporate Travel Insurance Plan: Shields busy business executives from travel related adversaries.

Features

  • Cheap premiums
  • Minimal documentation and fast claims

Benefits

  • Customizable plans with affordable premiums to select from
  • Reimbursement of incidental expenses

Coverage

  • Medical costs and evacuation
  • Repatriation of mortal remains
  • Travel Asia Travel Insurance Plan: Extensive coverage for travels within Asia. Premiums depend on the type of plan selected.

Features

  • Loss of baggage or delay by international carrier
  • If flight is delayed more than 12 hours, then the sum insured is payable

Benefits

  • Global approach
  • Provides quick with expert local knowledge services

Coverage

  • Personal accident and disablement expenses
  • In all of Asia, except Japan

Bajaj Allianz Bharat Bhraman Policy

Domestic travel insurance plan for travels within India.

Features

  • Sum insured from Rs. 50,000 to Rs. 1 lakh
  • Missed connections or delay in travel
  • Covers every mode of transport- taxi, bus, train, flight,cab, etc

Benefits

  • Vast range of customizable covers at a nominal cost
  • Trip tenure can be from one day to many days; frequent travels can opt for annual cover

Coverage

  • Adventure sports cover
  • Home theft cover

HDFC ERGO Travel Insurance Plans

Strives to give you a splendid vacation, free of all kinds of worries by offering low cost travel insurance plans.

Single Trip Travel Insurance Plan

This plan enables you to buy an insurance for a single particular trip abroad.

Features

  • Extremely affordable
  • Allows you to select the number of days you want the insurance for., like a pay per day policy

Benefits

  • Maximum get insured for 180 days
  • Wide range of plans that are customer-friendly

Coverage

  • Flight delays
  • Emergency medical costs
  • Multi-Trip Travel Insurance Plan: For frequent travellers who travel abroad a lot.

Features

  • Provides coverage for any number of trips during a period of one year
  • Maximum limit for one trip is 30 days to 45 days

Benefits

  • Medical costs, emergency medical evacuation, etc
  • Very cost effective as it helps you save money instead of spending each time you travel abroad

Coverage

  • Covers medical expenses
  • Covers third-party damage or injury

Asia Travel Insurance Plan

Provides coverage for travel to all countries in Asia, except for Japan.

Features

  • Has two variants- silver plan and bronze plan
  • Reimburses the expenses of lost baggage and travel documents

Benefits

  • Hospital cash daily allowance
  • Financial assistance in case of theft abroad

Cover

  • Compassionate visit
  • Trip delays, missed connections, etc.
  • Family Floater Travel Insurance Plan: Keep your family safe from unfortunate and unforeseen situations while travelling with the help of this plan.

Features

  • Single plan that insures the entire family
  • Delay in trip compensation

Benefits

  • Extension of policy is possible subject to rules as per the plan
  • 24x7 assistance worldwide

Coverage

  • Medical and body repatriation
  • Accidental death
  • Student Suraksha Travel Insurance Plan: Provides protection for students going abroad for studies.

Features

  • Available to all Indian students between 16 years to 35 years of age
  • Maximum coverage duration of 2 years
  • No prior health check-up required

Benefits

  • Upon the demise of the sponsor, finances are provided for tuition fees
  • Compensation done if family member is visiting due to insured being hospitalised, etc

Coverage

  • Emergency dental expenses
  • Hospital cash allowance

Travel Insurance Plan Eligibility Criteria

There are various kinds of travel insurance plans. Hence, depending upon these types the eligibility may differ from policy to policy offered by different companies.

  • International travel insurance- Offers coverage for 2 children upto age 21 years and 2 adults, upto age 60 years.
  • Student travel insurance- Minimum age 16 and maximum 35/40 years
  • Senior citizen insurance- Maximum age upto 85 years
  • Schengen travel insurance- Minimum 90 days old and maximum 70 years of age. The purpose of travel must be only for business or tourism.
  • Family travel insurance- Offers coverage for 2 children upto 21 years and 2 adults upto 60 years of age.

Travel Insurance Policy Claim Process

Claims can be done in a cashless manner or in the form of reimbursement claims. In the former manner, you need to submit the travel insurance policy to the hospital and inform the insurance company to take the procedure ahead. The company will then settle the bills directly with the concerned hospital. In the latter manner, the insurance company settles the claims directly through the bank, once you submit all bills and receipts.

Conclusion

Purchasing a travel insurance is imperative and it is not an extra financial burden. It in fact, keeps you safe in times of unforeseen circumstances. It is best if you buy travel insurance at the time of purchasing your travel tickets to safeguard yourself, your parents, children and family from any unforeseen event.