Flights delayed or cancelled: Know how travel insurance policy can help
Booked your flight tickets, packed your bags, reserved a taxi and started on your journey? However, while on your way to the airport, you get a message that your flight is delayed or cancelled. This one message can throw off your planning and preparation for your journey.
But now, imagine that you have a travel insurance policy that covers trip delays, interruptions, and cancellations. You can travel with confidence and peace of mind without worrying about these risks, as you will be financially protected from non-recoverable expenses borne due to them.
What is travel insurance?
A travel insurance policy covers a wide variety of travel-related risks. It provides financial protection from various covered risks in the form of compensation, reimbursement, or cashless claims for medical emergencies. Depending on travellers ' specific needs, several types of travel insurance policies are available.
- Domestic travel insurance - A domestic travel insurance policy provides financial protection for travellers going on a domestic trip.
- International travel insurance - An international travel insurance policy provides financial protection to individuals travelling outside their home country.
- Student travel insurance - These policies are specially designed for travellers travelling to obtain international education.
- Single-trip travel insurance - This is the most common insurance policy for individuals or groups travelling for a single roundtrip.
- Multi-trip travel insurance - Multi-trip insurance policies enable travellers to travel to a particular destination and back several times, whether they have to purchase a policy each time.
- Group travel insurance - A group travel insurance policy allows travellers to explore the world conveniently and cost-effectively.
- Senior citizen travel insurance - These are specialised policies developed to fulfil the needs of senior citizens. They provide coverage for pre-existing diseases but cost more than one for lesser risk.
And more depending on the offerings of insurance providers and the needs of travellers.
What are the coverages provided under travel insurance?
A travel insurance policy provides financial protection for various covered medical and non-medical risks. These risks range in severity and frequency and can result in significant financial loss and a negative travel experience. However, with coverage of these risks, travellers can confidently and safely explore the world.
Trip delay, interruption, and cancellation
Secure your trip from unexpected expenses when a flight is delayed or cancelled. Insurers like Niva Bupa compensate for non-recoverable transport and accommodation costs when faced with such a risk.
Missed connecting flight
In case you are delayed and miss a connecting flight due to a common carrier, the best travel insurance policy, like Niva Bupa, provides compensation for the expenses borne as a result.
Loss of checked-in baggage
An insurance policy for travel also provides compensation for loss of checked-in baggage.
Loss of passport
Securing your trip with an insurance policy also protects travellers from losing their passports, providing compensation for replacing them.
Medical emergency
Opting for the best travel insurance policy with coverage for both in-patient and out-patient medical expenses benefits travellers.
Personal accident
Travellers can also take out personal accident coverage. In case of an unfortunate death or permanent disability to the traveller, the insurer will pay compensation up to the sum insured based on the terms and conditions.
Emergency evacuation
In case of a medical emergency where the primary healthcare provider/hospital does not provide adequate treatment, individuals can avail themselves of medical evacuation with travel insurance.
Conclusion
Whether it covers high-impact events like a medical emergency, personal accident, or relatively less severe risks like the loss of checked-in baggage, travel insurance is a highly beneficial tool for protecting travellers from these risks. This is especially true for travel-related emergencies and expenses that can not otherwise be secured, whether it is trip cancellation or your flight is delayed or cancelled.
So, whatever the risk, being protected by the right travel insurance policy can enable you to travel securely and be protected from the financial impact of certain risks. Now, create lasting memories or share new experiences with your loved ones without worrying about a hole in your pocket due to a travel-related risk.