Friday, November 29, 2019

Guidelines To Domestic Travel Insurance With Medical Conditions

Medical insurance plans suffice the coverage against a variety of risks associated with medical conditions. However, not all medical, health or life insurance plans provide a medical cover off-station, i.e. beyond the confinements of your residence or your daily itinerary. As health remains among the top concerns for travellers, mitigating this risk through a domestic travel insurance plan is an ideal way forward. As many as 22% of travellers face medical conditions during trips or tours, whose likelihood increases further with a pre-existing condition.

These insurance plans thus provide cover against medical emergencies or hospitalisations when travelling to domestic locations. Below given is a guideline you can refer to when looking for suitable domestic travel insurance in India with medical conditions.

Domestic travel cover: Features and benefits to look for

You can easily tide over the unforeseen circumstances when travelling in the country with the help of a domestic holiday cover. Here are a few features and benefits to look for when selecting an insurance plan during domestic travel.

       Assistance during emergencies

Some of the best insurance policies for domestic travel come with emergency travel assistance if you are stranded on your holiday. The cover can be utilised to pay for hotel bills, tickets for a return journey and several other expenses. Financial institutions like Bajaj Finserv offer easy-to-avail Pocket Insurance policies such as the Domestic Holiday Cover with emergency assistance of up to Rs. 50,000 when travelling in India.

Also, when on a road trip, you can go for a personalised Road Trip Cover that caters to your emergency needs while travelling by road.

       Complimentary cover

These insurance plans should also come with a complimentary cover in case of accidental hospitalisation, personal accidents, etc. A complimentary cover of up to Rs. 3,00,000 with a domestic travel insurance scheme sum can provide sufficient protection against emergencies related to health conditions along with the following –

       Losses suffered due to cancellation of the trip.
       Burglary at home when out on a tour.
       Baggage loss when travelling.

A complimentary cover will thus ensure you remain protected against emergencies of all types.

       Roadside emergency assistance

Domestic travel insurance quotes, i.e., premiums vary between insurers and further as per the period of coverage. For example, if you are stuck with a car breakdown during a road trip, this cover would also provide for vehicle repair midway.

       Interest-free advance up to 28 days

Such insurance plans also come with interest-free advances of up to Rs. 50,000 during domestic travel. These advances are required to be repaid within 28 days of borrowing.

Further, you can cover your specific travel requirements like trekking with a Trek Cover offered by Bajaj Finserv that also comes with a complimentary personal accidental insurance coverage.

However, you must also consider a few things before deciding on a domestic travel insurance plan.

Things to consider when choosing an insurance cover for domestic travel

  1. Understand your requirements like pre-existing medical issues, chances of trip cancellation or delay, etc., before deciding on the coverage plan.
  2. Make a comparison of different plans and policies offered by insurance providers.
  3. Decide on the policy type after considering the place you will visit, the duration of travel, etc.
  4. Know the policy’s terms and conditions along with the procedure to claim your insurance cover.
Online process to apply for a domestic travel insurance plan

Proceed with the following steps to apply for a domestic holiday cover –

Step 1 – Log in to the insurance provider’s website.
Step 2 - Fill up the application form with all the necessary details.
Step 3 – Make a payment of the premium amount online.

These insurance plans are available for one year against an affordable premium payment. However, before taking the final call, make sure to check the exclusions in your chosen policy and apply for it.