Eligibility Criteria For Travel Insurance Policy In India

Criteria for Annual Multi-Trip Travel Insurance

Annual multi-trip travel insurance is developed for those who travel three times a year or more. Each trip’s insurance term typically lasts between 20 and 30 days of nonstop travel. However, some insurers provide extended travel coverage for trips lasting 60 days or longer, albeit this may incur additional fees.*

To avoid purchasing separate plans before each trip, any Indian person who has to go overseas more than twice or thrice per year can choose this coverage. People between the ages of 18 and 70 can also take advantage of the worldwide coverage provided by these plans. However, depending on the insurer, different youngsters may be eligible for these plans, who may frequently need to travel abroad.*

Considerations Before Purchasing Annual Multi-Trip Travel Insurance

Plans for annual multi-trip and single-trip insurance each have unique advantages. Before purchasing a yearly travel insurance policy, bear the following in mind:

• If the person has to visit several different locations frequently, it might be advantageous.
• If the traveller needs to spend a couple of days there
• If the person needs global travel insurance coverage and has erratic international travel plans
• If the person wishes to minimise documentation and save time
• If the insured desires an easy claims process

Process For Annual Multi-Trip Travel Insurance Claims

In both foreign countries and once the insured has returned to India, filing a claim under yearly multi-trip insurance is simple. To handle these emergencies, the insured needs to keep the necessary documentation close at hand and maintain contact with their insurer.

However, cashless hospitalisation or payment post-approval is handled overseas once all the paperwork has been received and reviewed by the Assistance Service Provider. Most firms require 15 to 30 days to settle a claim. It is required to file an FIR and intimate the insurance provider as soon as possible in case of loss, theft, or other circumstances demanding reimbursement. Ensure that you have reported the lost or stolen item to the police within 24 hours of the loss or theft before filing a claim.*

How Can I Select Or Purchase Annual Multi-Trip Travel Insurance?

Here are some important points to keep in mind before purchasing a policy:

• Always be upfront about any existing medical ailments (if any) when purchasing the policy and any new medical issues that develop while the coverage is in effect.
• Buy the policy in advance and look for any exclusions or excesses to ensure you receive the full benefits of the cancellation protection.
• To find the ideal options within your price range, don’t forget to compare a few travel insurance plans online.
• Before purchasing, carefully fact-check information such as the insurance provider’s reputation, claim-settlement rate, and client reviews.*
• To estimate the cost of the premium, use an online travel insurance premium calculator.
• If you choose to travel for an extended period or visit multiple countries, you might consider getting a backpackers’ policy.

*Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.