Foreign travel insurance plans – costs less and offers more

Anyone who longs for holidays to enjoy some good time with their loved ones and Indians are no exception. The Indian tourism industry abroad has seen strong growth this year, as in 2015 Indian tourists are a very popular tourist destination. Obstacles such as inflation, high ticket prices and ruble weakening could not deflect the stray ghost of Indian travelers traveling around the world. More than 60% of Indians remain unemployed by abusive rupiah and are heading for a trip. However, the rate of usable travel insurance to secure travel is still still uncertain among individuals in India.

Young generations prefer to travel to international destinations at least once a year. According to the survey, 90% of these passengers use their own overseas travel savings and do not consider travel coverage. Surprisingly, this is the idea of ​​a young Internet generation because ICICI Lombard conducted a survey of 25-35 years of age among 1049 people in six subway cities in India who traveled internationally last year

. that Singapore is the most popular place for young Indians; the second and third places are held by the United States and Great Britain.

Let's look at the available travel plans and their prices for those who prefer these goals. Begin with Singapore.

Travel Insurance Plans Available for Trips to Singapore

The following list of Top 5 Insurance Contracts in terms of the lowest premium is for one 30-year-old person looking for a single Singapore trip. The duration of the trip is 10 days and the selected insured amount is 500000 USD.

  1. Universal Sompo – Premium Rs. 942

  2. HDFC Ergo – Premium of Rs. 1015

  3. Reliance – Premium of Rs. 1129

  4. TATA AIG – Premium of Rs. 1234

  5. Religion – Premium Rs.1666

The lowest premium is Rs. 942 for a travel insurance plan for a 10-day trip to any Asian country such as Singapore, Thailand. This means that you have to pay less than Rs. 100 per day to make his trip safe and secure . Indian travelers have to know that travel plans are not only inexpensive but also provide cover for luggage, passport, kidnapping and even emergency treatment

Travel insurance available for journeys to the United Kingdom

The following list of the top 5 insurance contracts for the lowest premium is for 1 person looking for a single trip to Great Britain. The duration of the trip is 10 days and the selected insured amount is 500000 USD.

  1. Universal Sompo – Premium Rs. 942

  2. Bajaj Allianz – premium Rs.991

  3. HDFC Ergo – Premium of Rs. 1015

  4. Reliance – Premium of Rs. 1129

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

Universal Sompo provides the lowest price. Premium travel insurance is also Rs. 942 for a 10 day trip to the United Kingdom

American Travel Insurance

The following list of the top 7 insurance policies under the lowest premium is for 1 person, ours. The duration of the trip is 10 days and the selected insured amount is 500000 USD.

  1. Universal Sompo – Premium Rs. 1344

  2. HDFC Ergo – Premium of Rs. 1438

  3. Bajaj Allianz – Premium Rs.1441

  4. IFFCO-TOKIO – Premium Rs.1456

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

  6. TATA AIG – Premium of Rs. 1694

  7. Reliance – Premium of Rs. 1783

The lowest premium is Rs. 1344 for a travel insurance plan for a 10-day trip to the US. Imagine you're getting all types of risks just by paying less than Rs. 140 for every day of your trip .

Best travel insurance plans in India for luggage and health insurance

The survey also clearly showed that 79% of the medical emergency. Baggage security is the second most important reason, as 60% of people are buying insurance premiums.

From the above list of travel rules for the USA, two plans for Reliance and Bajaj Allianz look best in terms of luggage coverage.

] Reliance Travel Platinum provides $ 1,500 for the loss of checked baggage for Rs.1783.

The Travel Elite Premium Plan Bajaj Allianz provides US $ 1000 for Rs premium. 1658 for lost baggage

In order to get the best possible coverage in the event of a health crash, the Titan Plan of the HDFC ERGO is best. It primarily includes:

  1. Cost of Emergency Medical Treatment

  2. Permanent Disability / Death

  3. Hospital cash

  4. Loss of personal papers

  5. Accidental death

  6. Loss of luggage

  7. Financial Emergency Aid

  8. Personal responsibility

What are the costs of an international travel policy for a couple?

According to the survey, 52% of travelers travel with their partners. So if these people can use the travel plan to visit the US or Great Britain or Singapore, how much they have to pay?

We will begin our journey on the US for 10 days for an insurance amount of $ 100,000, which includes 2 people who are 30 and 28 years old

Religare offers the best plan that comes with the Rs Premium. 2407.

If you compare the travel plans available to couples who want to visit Great Britain, retain the same criteria for the journey time, insurance amount and age of the passenger, Religare provides the best plan. Plan bonus is Rs. 1537.

For a trip in countries such as Singapore, Thailand in Asia, which was the best destination for 2015, a few have to pay even less for travel insurance. If you compare your travel insurance plans covering Asia, you get the lowest Rs fee. 1218 from the Asia Plan Survey provided by Religare.

A positive part of the survey is increased awareness among Indian travelers. More than 90% of the younger generation is aware of travel insurance, a significant increase of 80% over the previous year. One of the major providers of travel insurance plans in India; ICICI Lombard insured total premium travel insurance Rs 100 in the previous year, it is expected to increase the premium by 5 to 10% this year. The problem is not with consciousness; there is a lack of understanding of the benefits associated with these travel housings.

27% of the total survey respondents decided not to use the travel insurance plan simply because they were under the ill-conceived notion that such plans only deal with accidents, losing luggage and theft, but they do not provide health care. This is far from true, as the full distribution of the Titanium project from HDFC ERGO shows extensive health coverage.

25% of respondents did not get any travel plans because they thought that such plans were costly but not so. The price of all plans for the person mentioned here is less than Rs. 100 to less than Rs. 140 for each day 10 day trip. Travel insurance for couples is even cheaper because it costs less than Rs. 65 per day per person to less than Rs. 125 per day per person for destinations like the United States, Great Britain and all countries in Asia, including popular destinations such as Singapore, Thailand.

Indian lovers spend their holiday in international destinations. The International Travel Insurance Plan does not take much and offers a lot in return. If you are also a passenger, you need to make sure you have a total length of stay so that you can enjoy your vacation with absolute peace of mind.

Source by Avishek Bhattacharjee