Common Travel Insurance Myths And The Truth Behind Them

Mumbai (Maharastra) ,September 10: The thrill of international and domestic trips often attracts the need for valid travel insurance. In some countries, travel insurance is mandatory, but the financial protection provided by these insurance policies makes it worth it for all trips.

However, people still have misunderstandings regarding the necessity of travel insurance plans and often limit it as an unnecessary expense on top of their trip booking expenditure. 

It is crucial to debunk the common myths about travel insurance with factual information to help you navigate this journey of informed decision-making with ease.  

List of Common Myths and Facts about Travel Insurance 

Myth 1: All Travel Insurance Plans are the Same

Fact - Travel insurance policies are not one-size-fits-all plans. You can instead explore different options based on your specific coverage needs, budget, age, trip duration or destination and travel purpose. 

Myth 2: Travel Insurance is only for International Trips

Fact - As opposed to common belief, travel insurance plans can be purchased for both international and domestic trips. 

Even though heightened risks are often associated with international trips, unforeseen circumstances, such as medical emergencies, trip interruptions, flight cancellations, etc.,  can also arise for any domestic trip. Thus, investing in travel insurance is essential. 

Myth 3: Claims and Policy Purchases are Time-Consuming 

Fact - Traditional claim and policy purchase procedures required long queues and appointments. 

However, with the digital transformation in full swing, you can now file and purchase travel insurance online in just a few quick steps with top insurers like Reliance General Insurance for maximum convenience and enhanced customer experience. 

Myth 4: Every Family Member Needs a Different Travel Plan 

Fact - Purchasing individual plans for each family member is not mandatory. You can invest in family travel insurance that offers extensive coverage for all family members (yourself, spouse, children and parents) under one policy at lower premiums than individual plans for each. 

Myth 5: Young Travellers Do Not Need Travel Insurance

Fact - Another assumption is that young adults or children do not require travel insurance, which restricts travel insurance purchases. However, it is important to note that unforeseen circumstances and medical emergencies do not affect travellers based on their age and can happen to anyone. 

Thus, preparing for uncertain situations in advance with travel insurance is a sensible decision, regardless of your age. 

Myth 6: Travel Insurance is Expensive

Fact - The cost of any policy depends on factors like the trip duration, destination, number of people travelling together, type of policy, and combined add-ons. 

Moreover, as there is a wide variety of plans available in the market, you can easily find the one that aligns with your coverage needs and budget. 

Myth 7: Airline Coverage for Flights is Sufficient for International Trips

Fact - The comprehensive coverage provided by travel insurance plans is not even close to the compensation for flight delays or cancellations that is available under airline coverage. With travel insurance, you can avail of extensive financial support for a wide range of unforeseen circumstances like medical emergencies, lost passports, and more with ease. 

Myth 8: Travel Insurance is Only Beneficial for Expensive Trips

Fact - The cost or expense of your trip is no direct or indirect correlation to the potential mishaps or emergencies that can arise during your travel. 

Whether it is a short, long, or international trip, unforeseen challenges can leave you with a significant financial burden. Thus, travel insurance is an essential safety net to help you protect your savings in times of need. 

Choose Reliance General Insurance for Your Travel Insurance Needs

Reliance General Insurance offers a wide range of travel insurance plans - international travel insurance, Schengen travel insurance, senior citizen travel insurance, and so on. Enjoy comprehensive protection during your trips with a 100% claims settlement ratio, coverage up to USD 500,000 and COVID-19 coverage.

Final Thoughts 

Travel insurance is your much-needed travel companion. It safeguards your international or domestic trips to ensure a memorable experience. 

Thus, before you embark on your next trip, equip your itinerary with the right travel insurance plan that aligns with your budget and coverage needs to enjoy new adventures with added peace of mind.

Disclaimer: This is a syndicated feed. The article is not edited by the FPJ editorial team.

Published on: Tuesday, September 10, 2024, 07:04 PM IST