Travel insurance policies vary, covering different losses and offering different features. To make sure you buy the right policy for you, use these simple tables to check what features are a ‘must have’, a ‘should have’ or a ‘could have’.
Remember, travel insurance isn’t just for travelling internationally. Your provincial health insurance plan does not cover all emergency medical care costs when you are outside your province of residence, so it’s important to be covered when visiting another province.
Key Considerations When Choosing
Choose the Right Coverage, not the Lowest Price
It’s important to know what you’re buying and what you’re covered for. Review the reimbursement amounts or deductibles (the amount you must pay out of your own pocket in the event of a claim), and make sure you understand what is covered and what is not.
Be Honest with Your Insurance Provider
You’ve heard of pre-existing conditions (friendly reminder: an illness, an injury, or a medical condition that was present prior to your departure date). Answer all qualifying questions honestly to ensure you can avoid surprises if you need to make a claim.
Purchase Insurance with the Right Timelines
Buy before you leave your province to ensure your coverage is fully available for your trip. Plus, ensure you declare the entire trip, including the day you leave to the day of your return. If anything changes with your timeline, contact your insurer.
Read Your Insurance Contract Before Traveling
This sounds obvious but it’s an important step before you leave your province so you know what’s covered and if there are exclusions, such as rock climbing or parachuting. If you’ve got longer-term travel insurance, ensure it’s still accurate for your current health.
Relying on Credit Card or Group Travel Insurance
Many Canadians have insurance provided by credit cards or group plans so ensure you have the full coverage you will need. Often there are exclusions or restrictions that may not fit with your intended travel plans so consider topping up your coverage.
Cost of Travel Insurance
This is definitely the first thing that comes to anyone’s mind while buying travel insurance online. However, as stated before, it is important to understand the difference between a cheap online international travel insurance policy and an efficient insurance policy before trying you pay for your travel insurance online.
When you buy travel insurance, the first thing to do is to understand your budget. Buying travel insurance online can be Pandora’s Box, but it does not have to be. For travel insurance online in India, you should never set out to buy any insurance policy without a proper and detailed understanding of how much you would like to spend on the insurance policy. If you have a proper financial plan laid out to buy travel insurance when you set out on your journey, you will be much better off.
Your overseas travel insurance and international travel insurance online costs can definitely vary a lot, depending on how many days you plan your trip. This is something that you must factor in before you buy travel insurance online. You can opt to get a travel insurance quote online to get a basic idea of how much it might cost you.
Flexibility
Flexibility is very important when it comes to buying travel insurance online in India. Deciding to buy travel insurance or international travel insurance online can be a challenge all by itself. Whichever insurance that you decide to go with, it must have a lot of flexibility involved. If the insurance plans are not flexible, then there is absolutely no point in going for such insurance plans. This will only complicate your life further. You should thoroughly understand the kind of travel insurance that is being offered by the IFFCO Tokio and the kind of benefits that we are providing to you when you plan to get travel insurance online.
Customers Reviews
The profile of the online travel insurance company in India, with which you are about to do business, is as important as any other aspect of the online international travel insurance selection process. If you end up buying travel insurance online from a company that really does not have too much of a reputation in the kind of insurance you are going for, then it can be quite risky. When you are trying to get travel insurance online, it is important that you choose the right kind of company for your own benefit before you buy travel insurance. You should always check the online travel Insurance reviews to understand how a particular travel insurance policy has worked for previous buyers or how it was customer experience at the time of claim.
Limits On the Duration
When you buy travel insurance, you must know about any limits placed on the duration of the policy for online travel insurance in India. Now that you have figured out what you want, let’s talk about what the policies are offering. The best kind of online international travel insurance policies would not have limits on the duration of the trip for coverage. If you are looking for a policy that would provide you with extensive coverage, it is important that you go for one that does not exercise limitations on the number of days that you would be covered for. IFFCO Tokio is providing the travel insurance plans which don’t have any limits on the duration of the trip.
Destinations Covered
Before you get travel insurance online, let’s talk about another criterion that you should look at. Not every policy that is out there covers all kinds of destinations. Your policy will only include destinations that they have on their list. This list should help you narrow down your travel itinerary. For example, if the online international travel insurance policy covers only destinations in Mexico and you would decide to go to America during your trip, in that case, any claim arising at the other destination will not be borne by the company. In such a scenario, you would have to pay for the unexpected expenses from your own pocket, even if you signed up for an insurance policy. So, this is something important that you must check before investing in travel insurance online.
Pre-Existing Medical Conditions
There are a lot of people who overlook the importance of being honest with your online international travel insurance company. When you are not, there can be a lot of repercussions coming your way, which may not necessarily be favorable. When you are signing up for international travel insurance online, it is extremely important that you tell us everything about your medical history and not hold back any kind of medical information that should be disclosed in the disclosure form.. It is always recommended that before you buy travel insurance, you must be completely transparent with the travel insurance companies for your own sake. Don’t fall into the trap of cheap travel insurance.
Know your Coverage and Claim Limits
Before you go ahead and buy your travel insurance policy, you must be aware of the kinds of online international travel insurance coverage and claim limits that your policy has. This way, you will have no surprises in case such an unfortunate event takes place. Claim limit and coverage details can be requested from our call center team in India when you decide to buy travel insurance online.
The Policy for Your Belongings
When you buy travel insurance online in India, you must get to know if the insurer is going to cover your belongings or not. There are a lot of travel insurance policies out there who will not cover your belongings. If you are willing to take that risk, it is entirely up to you. However, you must be aware of the consequences and be ready to face them. If you do not check in advance with your online international travel insurance provider regarding the policy for belongings, you might be in for a not so pleasant surprise. You should consider these things when you buy travel insurance online. There can be events where your baggage is lost or delayed and the IFFCO Tokio travel insurance plan can pay you a certain amount of money as a claim if that happens.
Theft Policy
Before you buy travel insurance, please be aware of the company’s theft policy. If you are robbed while on a trip, you can obviously get into a lot of trouble. There are a lot of people who have reportedly had their baggage stolen and then when they approach their online international travel insurance company for the claims, the insurance company refused them. Such scenarios are very common. Therefore, when you buy travel insurance online, it is always very important to analyze the online travel insurance policy and the theft policy that is offered in the insurance plan.
Missed Flight Policy
There can be several reasons why one might get late for a flight or even miss it. And being apprehensive about such scenarios is nothing to be ashamed of. It is better to be safe than sorry. Missing a flight is one of the most common online travel insurance problems in India that are faced by travelers. It is very important that before you buy travel insurance, you make sure that this aspect is well covered by your online international travel insurance policy. When we buy travel insurance online, many of us neglect to check these aspects of the plan.
Conclusion
Moreover, you can consider the duration of your trip and the destinations you will visit, as these factors can affect both the type of policy you need and the overall cost. On average, travel insurance costs between 4% and 10% of your total trip price, but be cautious; the cheapest option may not provide the best value if it lacks necessary coverage.
Choosing the right travel insurance will involve you assessing your trip type, required coverage features, existing insurance options, and understanding the costs involved to ensure you select a policy that offers comprehensive protection for your travels.
