Abroad travel insurance plans. Less expenses and more

Everyone longs for vacations with loved ones for some time, and Indians are no exception. India's outbound tourism sector has seen strong growth this year, as in 2015 international travel destinations among Indians are highly sought after. Obstacles such as inflation, rising ticket prices, and rupee depreciation cannot hinder the wandering spirit of Indian travelers. the world. More than 60% of Indians remain unhappy about the devalued rupee and are about to travel. However, the level of travel insurance to protect travel is still poor among Indian travelers.

Young generations prefer to travel to international destinations at least once a year. According to the survey, 90% of these travelers use their savings for overseas trips and do not consider travel coverage. Surprisingly, this is the mindset of a young Internet savvy generation, as ICICI Lombard conducted a survey of 1049 people in the 25-35 age group in six metro cities of India who had international trips last year.

Research also shows that Singapore is the preferred travel destination for young Indian travelers. The second and third places are occupied by the United States and Great Britain.

Let's look at affordable travel plans and their prices for those who are in favor of those destinations. Let's start with Singapore.

Travel travel insurance plans are available for Singapore trips

The following list of the top five policies for the lowest premium is for a 30-year-old looking for a trip to Singapore. The duration of the trip is 10 days and the selected amount is 500,000 USD.

  1. Universal Sampo – Premium of Rs. 942:

  2. HDFC Ergo – Premium of Rs. 1015:

  3. Confidence – Premium of Rs. 1129:

  4. TATA AIG – Premium of Rs. 1234

  5. Religare – Premium Rs.1666

The lowest bonus is Rs. 942 Travel Insurance Plan – a 10-day trip to any country in Asia, such as Singapore, Thailand. This means you have to pay less than RS. 100 per day to make your trip safe and secure. Indian travelers need to know that travel plans are not only cheap but also provide coverage for luggage loss, passports, kidnappings and even urgent treatment.

Travel travel insurance plans are available for UK business trips

From the lowest premium point of view, the following list of the top five policies is 1: 1 person looking for a trip to the UK. The duration of the trip is 10 days and the selected amount is 500,000 USD.

  1. Universal Sampo – Premium of Rs. 942:

  2. Bajaj Allianz – Premium at Rs.991

  3. HDFC Ergo – Premium of Rs. 1015:

  4. Confidence – Premium of Rs. 1129:

  5. Bajaj Allianz (Travel Elite Platinum) – Premium of Rs. 1139:

Universal Sompo provides the lowest premium. The premium of Travel Travel Insurance Plan is also Rs. 942 – A 10-day trip to the UK.

Travel travel insurance rules for US trips

The following list of 7 premium policy terms for the lowest premium is for 1 person looking for a US trip. The duration of the trip is 10 days and the selected amount is 500,000 USD.

  1. Universal Sampo – Premium of Rs. In 1344

  2. HDFC Ergo – Premium of Rs. In 1438

  3. Bajaj Allianz – Premium Rs.1441

  4. IFFCO-TOKIO – Premium Rs.1456

  5. Bajaj Allianz (Travel Elite Platinum) – Premium of Rs. 1658:

  6. TATA AIG – Premium of Rs. 1694:

  7. Confidence – Premium of Rs. In 1783

The lowest bonus is Rs. 1344 trip insurance plan – 10 day trip to USA. Imagine, you get all sorts of risks that pay directly below Rs. 140 for each day of your trip.

Best Travel Insurance Plans in India in terms of cargo and medical coverage

The survey also found that 79% of people go on a travel plan to cover medical emergencies. The second most important reason for the safety of cargo transportation is that 60% have to buy travel insurance policy. So let's find out the best travel insurance plans in terms of ambulance and luggage security.

From the list above for US travel policy, both Reliance and Bajaj Allianz plans look best in terms of freight.

Reliance Travel care platinum provides $ 1,500 for lost checked luggage.

Bajaj Allianz's Travel Elite Premium plans for $ 1,000 for a premium of Rs. 1658 for loss of checked luggage.

The best way to get the best coverage for medical emergencies is the Titanium HDFC ERGO software. It mainly includes:

  1. Urgent medical expenses

  2. Permanent disability / accidental death

  3. Hospital cash

  4. Loss of personal documents

  5. Accidental death

  6. Loss of cargo

  7. Ambulance

  8. Individual responsibility

What is the average tourist policy price for a couple?

According to the survey, 52% of travelers prefer to travel with their spouses. So if these people can benefit from a US or UK or Singapore travel plan, how much will they have to pay?

Let's start with a $ 10 day US $ 100,000 insured trip that covers 2 people aged 30 and 28.

Religare offers the best plan that comes with a premium of Rs. 2407:

If you compare travel plans for couples wishing to visit the United Kingdom, while maintaining the same criteria for trip duration, insured amount and traveler age, Religare gives you the best plan. The plan premium is Rs. 1537

Asia, Singapore, Thailand, such as 2015 The main destination of a trip, a couple has to spend even less money on travel insurance policy. If you compare Asia travel insurance plans, you will get the lowest premium of Rs. 1218 from the Explore Asia plan provided by Religare.

A positive part of the survey is raising awareness among Indian travelers. More than 90% of the younger generation is aware of road insurance, a substantial increase from 80% last year. India one of the leading provider of travel insurance plans in India; ICICI Lombard underwent a general travel insurance premium under Rs 100 last year, it can be expected that the premium premium will increase by 5-10% this year. The problem is not awareness. it is the lack of understanding of the benefits associated with these travel coverages.

27% of those surveyed did not want to use a travel insurance plan simply because they were misunderstood that such plans only concern accidents, luggage loss and theft, but do not provide medical coverage. This is not far from the truth, as the complete split of the Titanium plan by HDFC ERGO reveals extensive coverage for medical emergencies.

25% of respondents did not purchase any travel plans because they think such plans are expensive but not true. For the person mentioned here, the price of all the plans is about lower than Rs. Less than 100 Rs. 140 days for a 10 day trip. For couples, travel insurance contracts are even cheaper as they cost less than Rs. Less than 65 per person per day than RS. 125 people per day per person, such as the US, UK and all Asian countries, including Singapore, Thailand.

Indians love to spend their vacation in international destinations. The international travel insurance plan is very expensive and offers a lot in return. If you are also a travel leaver, you must insure the overall duration of the trip so that you can enjoy your vacation in complete peace of mind.