Travel has become more than just a hobby. For many, it’s a way to relax, explore new cultures, or take a break from daily stress. After the COVID-19 pandemic, travel demand has increased across India. People travel more than ever, whether it’s a family vacation to a hill station, a solo Europe trip, or a business tour.
But what most travellers forget in the excitement of planning is travel insurance. While people often buy life or health insurance, they overlook this important financial protection. Travel insurance might not seem necessary until something goes wrong on your trip — and that’s when it proves its worth.
Travel Insurance Offers More Than You Think
You don’t need to wait for trouble to realize the value of travel insurance. It helps you in many ways and reduces your stress while you’re away from home. Let’s consider what it offers and why you should always consider it before booking your next journey.
1. Covers Medical Emergencies While Travelling
Falling sick or meeting with an accident in a foreign land or even another state can be expensive. Medical costs in countries like the US, UK, or Thailand can burn a hole in your pocket.
Travel insurance covers:
- Emergency hospitalisation
- OPD treatment
- Medical evacuation
- Accidents and injuries during the trip
If you have a valid travel insurance policy, the insurance company will cover these costs as per the plan, saving you from high medical bills.
2. Protection for Lost or Damaged Luggage
Lost baggage is a common travel issue, especially during international flights. Airlines sometimes misplace or delay check-in luggage. In such cases, travel insurance offers compensation.
You get support for:
- Lost baggage
- Damaged baggage
- Delayed baggage delivery
This coverage helps you buy emergency clothes, personal items, and essentials without spending from your pocket.
3. Helps When Travel Plans Change Suddenly
Life is unpredictable. You might have to cancel or change your travel due to health issues, family emergencies, visa problems, or even weather conditions.
A travel insurance policy gives you coverage for:
- Trip cancellation
- Trip interruption
- Missed flights or delayed flights
- Refund for unused hotel bookings
This protects you from financial losses if your plans don’t go as expected.
4. Covers Personal Liability Situations
Accidents can happen, and you might unintentionally hurt someone or damage property during travel. If someone files a claim against you, legal and compensation costs can be very high, especially abroad.
Travel insurance also gives personal liability cover. It helps you manage:
- Accidental damage to third-party property
- Physical harm to someone
- Related legal expenses
This can save you from unnecessary legal issues and large payouts.
5. Extra Benefits That Come Handy
Many good travel insurance plans also include the following:
- Passport loss cover
- Emergency cash advance
- Flight delay compensation
- Hijack distress allowance (in rare cases)
These small features become useful when stuck in a foreign place or far from home.
Why Indian Travellers Should Not Ignore It
Indian travellers often assume they won’t need travel insurance if they go on a short trip or have domestic health insurance. But the truth is — your regular policy may not work outside India, and travel problems can happen even within the country.
Also, many countries like Schengen nations, such as the USA, Russia, and Canada, require travel insurance as part of the visa process. So, even if it’s not mandatory for your trip, buying one ensures peace of mind.
Travel Insurance Costs Less Than You Think
Many people avoid buying travel insurance because they think it’s expensive. In reality, most plans are very affordable, especially when you compare them with the cost of an international trip.
For example:
- A 7-day Europe trip plan for one adult may cost around ₹500–₹1000
- A domestic plan for a 3-day trip can be as low as ₹100
You can choose plans based on your trip duration, destination, age, and budget.
Where to Buy Travel Insurance in India
You can easily purchase travel insurance from:
- General insurance companies like HDFC ERGO, ICICI Lombard, Bajaj Allianz, Tata AIG, etc.
- Online travel portals like MakeMyTrip, Yatra, Goibibo
- Insurance comparison platforms like Policybazaar, Coverfox
It is always good to compare plans and read the coverage details before buying. Choose a plan that fits your destination and travel type.
Disclaimer: This article is for information purposes only. Insurance coverage and benefits may vary from plan to plan. Please read all terms and conditions before buying any policy.
Sources: Policybazaar, HDFC ERGO, ICICI Lombard
