Top 5 Travel Insurance Plans of 2021

Rishi had planned a trip to Bali. He was very excited to explore a new country with his friends. However, two days before the trip, he was intimated that the flight was canceled due to weather issues, and there was no clarity on rescheduling. Moreover, when he got in touch with the travel agency about the refund, they said that they are not liable to pay it.

The flight cancellations due to natural calamity in other country is not in their control, and he needs to claim the amount through travel insurance. However, this was not the end. In fact, his problems had just started here, because he hadn't purchased travel insurance at all. He was not aware of its significance, and hence, the entire excitement of travel went in vain.

This incident teaches us a lesson here. Deciding to travel without getting insured, especially if the person is touring overseas, is a bit of a risky bargain. This is just one instance of repercussions due to negligence, though. There could be many other situations of greater consequence, in which travel insurance might be a savior - you may face a medical emergency or may miss a connecting flight, or may become a victim of many unfortunate incidents such as theft, plane hijacking, and loss of any essential travel document.

The purpose here is not to kill your excitement for the trip you have been planning for long, but to make you aware so that you can enjoy a fantastic vacation without any worries, if only you throw in a few extra hundred bucks. To provide you with more options in this area, mymoneykarma has come up with a list of the best travel insurances of 2021, which you must definitely check out before deciding to go with one.

Aditya Birla Travel Insurance

Coverage: 

• Coverage of medical and hospitalization expenses, accidental death, permanent disablement

• Checked-in baggage loss/baggage delay

• Loss of passport

• Hijacking related damages

• Trip delay/cancellation

• Automatic-extension of the cover

• Medical emergency assistance

• Repatriation expenses, etc.

Bajaj Allianz Travel Insurance

Coverage: 

• On-call support anywhere in the world

• Quick claim settlement

• Emergency cash advance

• Innovative packages to match individual needs

• Automatic claim settlement with trip delay delight

• Loss of baggage and passport

• Home burglary insurance

• Covid-19 cover

Travel insurance plans under them:

• Corporate travel insurance

• Travel Asia policy

• Bharat Brahman Policy

Bharti AXA Travel Insurance

Plans and coverage:

Plan Name	Coverage
Smart Traveller Insurance Policy (Individuals & Families)	It offers coverage for personal accidents, medical expenses, dental care expenses, passport loss, baggage delay/ loss, trip delay, personal liability, flight hijack and compassionate visit.
Smart Traveller Insurance Policy (Student)	It offers coverage for medical and dental treatment expenses, study interruption, legal expenses, sponsor protection, personal liability, bail bond, personal accident, compassionate visit, passport loss and documents loss.
Smart Traveller Insurance Policy (Corporate)	It offers coverage for medical expenses, personal accidents, passport & documents loss, trip delay/ cancellation & interruption, personal liability, home fire insurance, financial emergency assistance and flight hijack.
Bharti AXA Travel Assure – Group Overseas Travel Insurance	It offers coverage for emergency medical expenses, medical evacuation, repatriation of mortal remains, political risk & catastrophe evacuation, passport & documents loss, baggage delay/ loss and trip cancellation/ interruption/ delay.
Group Domestic Travel Insurance Policy	It offers coverage for personal accidents, personal liability and baggage loss.

Cholamandalam Travel Insurance

Plans and coverage:

Plan Name	Coverage
Comprehensive Travel Insurance	It offers coverage for medical & dental expenses, ambulatory care services, check-in baggage delay, hospital daily cash, passport loss, financial emergency, personal accident, loss of international license and personal liability.
Student Travel Insurance	It offers coverage for medical expenses, bail bond, dental expenses, check-in baggage loss, passport loss, compassionate visit, personal liability, sponsor protection, personal accident, study interruption and repatriation of remains.
Leisure Travel Insurance	It offers coverage for medical treatment, flight hijack, dental treatment, passport loss, check-in baggage loss/ delay, home burglary, personal liability, trip delay/ cancellation/ curtailment, personal accident and financial emergency.

Digit Travel Insurance

Plans and coverage:

Plan Name	Coverage
Basic Option	It offers coverage for emergency accidental & medical treatment, check-in baggage delay or total loss, passport loss, personal accident, accidental death & disability and medical evacuation.
Comfort Option	It offers coverage for emergency medical & accidental treatment, trip cancellation, flight delay, missed connection, trip abandonment, personal accident, emergency cash, personal liability, passport & baggage loss, and bail bond.

To Sum Up

It's true that while booking tickets, buying travel insurance becomes an add-on expense. However, if you do not make it a part of your plan, then you may be putting yourself in grave danger.

Also, be vigilant while comparing travel insurance plans and opt for the one that offers you maximum benefits.

Have a nice trip!