Friday, January 31, 2020

What are the types of Travel Insurance



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

Single trip/Multi trip

Multi-Trip Policy: For frequent fliers especially business travelers, insurers offer multi-trip policies which help in substantial saving of cost when compared to taking multiple policies – one for each separate trip.
Duration/Per Trip limit: In multi-trip policy, after commencing the trip some insurers will cover only a certain specified number of days. Example 30/45/60 days per trip.

Single trip International Travel Insurance

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

Multi Trip International Travel Insurance

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

For more details please visit: https://www.schengenvisaitinerary.com/

No comments:

Post a Comment