Overseas Travel Insurance Plans – Cost Less And Offers More

Everyone longs for a vacation to enjoy their loved ones and Indians are no exception. The travel in India saw strong growth this year because international tourist attractions are very prominent among Indians in 2015. Obstacles such as inflation, rising ticket prices and depreciation of rubies could not prevent the predatory Indian traveler from traveling around the world. Over 60% of Indians are unhappy with the Rupee's birthday and are afraid to travel. However, the rate of travel insurance to ensure the trip is still sad among Indian tourists.

Young generations prefer to travel to international destinations once a year. According to the survey, 90% of these tourists use their own savings for trips abroad and do not count on travel expenses. It is strange that this is the thought of a young spy of the generation where ICICI Lombard conducted the survey in the 25-35 age group among 1049 people across six cities in India who had international trips last year.

The survey also shows that Singapore is the most popular tourist destination among young Indian tourists; The second and third places are in the United States and the UK.

Let's look at the available travel plans and their prices for those who pay these destinations. Let's start with Singapore.

Travel Insurance Programs Available for Traveling in Singapore

The following list of 5 policy figures for the lowest premiums is for one 30-year-old man seeking a single trip to Singapore. The duration of the trip is 10 days and the insured insured amount is US $ 500000.

  1. Universal Sompo – Premium Rs. 942
  2. HDFC Ergo – Premium Rs. 1015
  3. Reliance – Premium Rs. 1129
  4. TATA AIG – Premium Rs. 1234
  5. Religare – Premium by Rs.1666

The lowest premium is Rs. 942 travel insurance plan for a 10-day trip to any Asian country like Singapore, Thailand. This means that one has to pay less than Rs. 100 a day to make your trip safe and secure . Indian travelers must know that travel is not only cheap but they also provide coverage for loss of luggage, passport, airplane and even emergency treatment.

Travel Insurance Plans Available for Traveling in the UK

The following list of 5 policy data on the lowest premiums is for 1 person looking for a single trip to the UK. The duration of the trip is 10 days and the insured insured amount is US $ 500000.

  1. Universal Sompo – Premium Rs. 942
  2. Bajaj Allianz – Premium Rs.991
  3. HDFC Ergo – Premium Rs. 1015
  4. Reliance – Premium Rs. 1129
  5. Bajaj Allianz (Travel Elite Platinum) – Premium Rs. 1139

Universal Sompo provides the lowest premium. The travel insurance scheme is also Rs. 942 for a 10 day trip to the UK.

Travel Insurance for US Travel

The following list of 7 policy offerings for low premiums is for 1 person looking for a single trip to the United States. The duration of the trip is 10 days and the insured insured amount is US $ 500000.

  1. Universal Sompo – Premium Rs. 1344
  2. HDFC Ergo – Premium Rs. 1438
  3. Bajaj Allianz – Premium by Rs.1441
  4. IFFCO-TOKIO – Premium by Rs.1456
  5. Bajaj Allianz (Travel Elite Platinum) – Premium Rs. 1658
  6. TATA AIG – Premium Rs. 1694
  7. Reliance – Premium Rs. 1783

The lowest premium is Rs. 1344 travel insurance plan for a 10-day trip to the United States. Just imagine, you are getting all kinds of risk factors by paying less than Rs. 140 for each day of the trip .

Best travel insurance plans in India in terms of baggage and medical care

The survey also revealed that 79% of people bought a travel plan to cover medical emergencies. The safety of luggage is the second most important reason 60% of people are buying travel insurance. Therefore, let us find the best travel insurance plans for emergency and luggage security.

From the above list of travel plans for the United States, two plans of Reliance and Bajaj Allianz look best in terms of luggage protection.

Reliance Travel Care Platinum provides $ 1,500 for loss of checked baggage for a premium of Rs.1783.

The Travel Elite Premium Plan from Bajaj Allianz provides $ 1000 for Rs premium. 1658 for loss of luggage .

For the best discussion of medical emergencies, the titanium program of HDFC ERGO is best. It takes primarily:

  1. Emergency Cost
  2. Permanent Disablement / Accidental Death
  3. Medical Fees
  4. Damage to Personal Documents
  5. Accident Insurance
  6. Customs Luggage
  7. Financial Assistance
  8. Personal Liability
  9. Personal Liability

    ]

What is the cost of planning international travel for couples?

According to the survey, 52% of tourists choose to travel with a partner. So, if these people can use a travel plan for a visit to the US or UK or Singapore, how much do they have to pay?

Let's start a US trip for 10 days for the insured amounting to 100,000 US dollars and covering 2 individuals aged 30 and 28.

Religare offers the best plan for a premium Rs. 2407.

If you compare travel plans available to couples who want to visit the UK, keep the same terms for travel length, insured amount and age of tourists, Religare provides the best plan. The premium of the program is Rs. 1537.

For travel in countries like Singapore, Thailand, Asia, which has been a destination for tourists in 2015, some need to spend even less for travel insurance. If you consist of travel insurance plans covering Asia, you receive the lowest premium of Rs. 1218 from Explore Asia's Plan from Religare.

Positive part of the survey is increased awareness among domestic tourists. More than 90% of the young generation is aware of travel insurance, which is a significant increase from 80% last year. One of the leading providers of travel insurance plans in India; ICICI Lombard made a total travel insurance premium of USD 100 last year, and it is expected that the premium will increase by 5-10% this year. The problem is not the consciousness; There is a lack of understanding of the benefits associated with these travels.

27% of survey participants do not opt ​​for a travel insurance plan simply because they had false ideas that such plans only cover accidents, loss of luggage and theft but do not provide medical attention. This is far from being the truth as the overall breakdown of the HDFC ERGO titanium program shows further coverage of medical emergencies.

25% surveyors had not bought any travel plans because they thought such plans are expensive, but it is not so. Prices of all programs for individuals mentioned here are about less than Rs. 100 to less than Rs. 140 per day for a 10 day trip. Travel insurance for couples is even cheaper as they cost in the range of less than Rs. 65 per day per person to less than Rs. 125 per day per person for destinations such as the United States, the UK and all countries in Asia, including popular destinations like Singapore, Thailand.

Indians love spending their holidays in international locations. The international travel insurance plan does not cost much and offers a lot of money instead. If you are also a travel bomb, you should ensure the total time of your trip so that you can enjoy your holiday with complete peace of mind.

SOURCE SBOBET

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