Travelling enables us to relax and take a break from our daily schedule. Nevertheless, unforeseen situations like loss or theft of wallet or baggage and getting stranded can cause unnecessary dismay. A Travel insurance plan comes in handy in such cases. They provide financial aid that allows one to face such situations with ease.
Financial companies offer different types of travel insurance policies. For instance, if you are going on a trip outside India, you should avail a policy that covers international trip. Similarly, if you are going on a holiday within India, you should opt for a domestic travel insurance policy.
A domestic holiday cover provides you with financial compensation from damages and losses during travelling. These situations include –
Theft or loss of luggage/ wallet – A domestic holiday cover will provide you with suitable compensation in case your luggage is misplaced or stolen. Financial service providers also offer additional services like blocking your credit or debit cards and monetary aid to cover the expenses incurred while availing replacements.
Monetary aid in case of travel emergencies – Such a plan can financially compensate you in case of situations like cancelled flights, hotel emergencies and the like. If your home is burgled during your absence, financial companies can also bear the cost of damage and loss to your valuables at home.
Financial compensation for medical emergencies – Financial institutions can also cover the medical bill if you encountered any accident and required emergency medical treatment.
One can easily apply for a domestic travel insurance policy by visiting their insurance provider’s official web portal and filling in the online application form.
Nevertheless, before applying for an insurance policy, know the situations that are not covered. It will enable you to avoid complications later while claiming the insurance amount.
Read Also: How to Save Yourself from Damages and Losses While Travelling?
