Skip to main content

Travel Insurance

 

Buy Travel Insurance Policy Online

 

Who doesn't want to go for a trip to relax and enjoy? After spending most of our time at work, all we want is a vacation to rejuvenate. A vacation, should be such, that we don't have to bother about anything. But, not everyone of us is fortunate enough to have a worry free trip.

Even if we go for a business trip, for studies or any other purpose, unseen emergencies like baggage loss, medical emergency among others, can make our trip very expensive. If you are looking for a solution against such unseen medical and non-medical emergencies, then, we are here to help you. The solution for such untimely losses due to unwanted situations, is getting a travel insurance. Read on to find out what is travel insurance and why you should buy travel insurance to enjoy tension free trips.

 

You can buy a Travel Insurance Policy to have safer trip. Travel Insurance can be for a single trip or multiple trips in a particular time frame. It can be for national as well as international trips. It covers the medical expenses, financial emergency due to theft etc. and travel delays. Travel insurance can be of various types as per the requirements of the clients. And so are the coverage and premiums. It can be for the individual, family or on the floater basis. The insurance companies provide good travelling packages along with the schemes. Let's have a look on what travel insurance covers and what does it not cover:

General Coverage In Travel Insurance:

  1. Medical Expenses: The emergency medical expenses due to accidents and others.
  2. Emergency Evacuation: The assistance required in case there is an emergency evacuation from the country.
  3. Personal Accident/ Disability/ Death: The claim can be done for the accidents or permanent disability. Also, in case of death, the insured amount will be paid by the company.
  4. Flight Delay or Cancellation: The flight delay or the cancellation of flight will be handled by the company.
  5. Baggage or Passport Loss: There will be reimbursement for the total loss or delay of checked baggage. Also there are provisions for passport loss.
  6. Financial Assistance: The emergency financial assistance due to theft, robbery or any such situation will be paid by the company.

Note: The insurance companies may have different premiums for US and UK as compared to other countries. The reason is that the charges, which insurance companies pay in these countries are more. Moreover, the baggage or any type of material with you can be claimed, only if its is checked and available in records.

Generally Not Covered In Travel Insurance:

  1. War or Terrorism: Any loss- partial or fully due to act of war or terrorism cannot be claimed.
  2. Self Responsible Medical Condition: The insurer is not responsible for the irresponsibility of insured on medical grounds like not working as per doctor's prescription, any medical claim for the previously exiting problems. There is no claim against loss due to alcohol after effects, suicide or any self damage.

Customizable Options

Normally, an additional premium is to be paid for these options.

  1. Riskier Sports: The riskier sports like scuba, para gliding etc. can be included and are not generally available in the base policy.
  2. Countries With Terrorist Problems: The trip to the countries with frequent terrorist activity problem are not insured by many companies. Though few companies insure them on additional basis.

Note: All the coverage schemes mentioned above are on general basis. The options, coverage schemes and premium can vary from company to company and the policy you opt for. Some companies provide the customization options while others design varied policies and you have to choose one. It is a good practice to go through each and every clause of your travel insurance thoroughly. In case of doubt, you can ask your insurer for clarifications.

So, if you are planning  a trip and haven't got travel insurance done yet, then we recommend you to buy travel insurance to enjoy a tension free trip.

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

Popular posts from this blog

Retirement planning from a long-term perspective

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds     `HOW green was my valley'. This title comes from a movie I had watched many years ago. A little boy's journey into adulthood and the story of a Welsh valley's turn of-the-century descent from pristine paradise to despoiled coal mining.   I thought of the title because it is comparatively reflective of a person's life ­ the glorious years when he is earning and the sun down years when he is not having his regular job and, hence, his living standards comes down. The reason is a combination of things. Inflation of food items, transport, increase in health related costs in the later years of life and increase in expenses in almost all basic amenities of life. In India, the social security system is almost non-existent. In some states, wherever it is available, the scales of benefits are extremely modest...
Read more

LIC's JEEVAN SHIKHAR

  LIC's Jeevan Shikhar is a participating, non-linked, saving cum protection single premium plan wherein the risk cover is ten times of Tabular Single Premium. The proposer will have an option to choose the Maturity Sum Assured. The premium payable shall depend on the chosen amount of Maturity Sum Assured and age at entry of the life assured. This plan also takes care of liquidity need through its loan facility. The plan will be open for sale for a maximum period of 120 days from the date of launch. 1.   BENEFITS   : a) Death Benefit: On death during first five policy years: Before the date of commencement of risk   :   Refund of Single Premium without interest. Single Premium mentioned above shall not include any extra amount if charged under the policy due to underwriting decision and taxes. After the date of commencement of risk   : "Sum Assured on Death" equal to 10 times the tabular single premium shall be payable. On death after completion of five policy years but b...
Read more

Investment Strategy - What is Sector Rotation Theory?

Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India)   The economy goes through cycles : it expands for a few years and then contracts. Study of historical data suggests that different sectors tend to perform well on the stock markets during different stages of the economic cycle. While history never repeats itself exactly, some broad patterns tend to recur. Investors can take advantage of the sector rotation theory to move their money from those sectors that have seen their best times to those that are likely to do well in future.   The person who developed the sector rotation theory is Sam Stovall, chief investment strategist at Standard & Poor's. He developed this theory by studying data on economic cycles going as far back as 1854 provided by the National Bureau of Economic Research ( NBER ) of the US.   When trying to correlate stock-market perfor...
Read more

Rajiv Gandhi Equity Savings Scheme (RGESS) set for launch this week

The finance ministry is set to notify the Rajiv Gandhi Equity Savings Scheme ( RGESS ) this week.   Though Finance Minister PChidambaram had approved on September 21, the scheme announced in this year's Budget, and had said that the revenue department will notify the scheme and the Securities and Exchange Board of India ( Sebi ) would issue relevant circulars within two weeks, it is yet to become operational.   A senior finance ministry official said the revenue department was expected to notify the scheme any day now to attract retail investors to the equity segment.   He added that Sebi was not required to issue any circular for the operationalisation of the scheme and that after the issuance of the revenue department's notification, investors would be able to avail of the benefits of the scheme.   The official accepted that implementation of the scheme had been delayed due to the deliberations on inclusion of mutual funds ( MF ) in it.   ...
Read more

CNX Midcap vs BNP Paribas Midcap Fund

BNP Paribas Midcap Fund - Invest Online   Te  performance of BNP Paribas Midcap Fund  – which has across the last 3 years generated superior returns over the benchmark – especially when the markets have gone down the fund has handsomely outperformed the benchmark preserving the capital of the investors. The fund has been able to do this only due to the superior stock selection process ( BMV approach) that is diligently followed at BNPP.   Highlights of BNP Paribas Mid Cap Fund:   Investment Objective : BNP Paribas Mid Cap Fund gives an investor exposure to invest in the various quality midcap stocks. The fund also has some exposure to large as well as small cap stocks.   Investment Approach : BMV ( Quality and scalability of Business →Good Management → Reasonable Valuation ) with Bottom-up stock picking.   Most of the investors are way happier if the fund that they have invested in is a significant Outperformer in tough times than in Good ti...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now