Shriram Travel Insurance is one of the most prominent travel insurance companies in India. It is the travel segment of Shriram General Insurance Company Limited, which is well-known for providing stellar insurance services in the country. It provides a bunch of travel insurance policies to individuals as well as families undertaking single or multiple trips a year.
Shriram Travel Insurance offers the insured travellers with a wide range of coverage that includes medical expenses, dental expenses, loss of passport, personal liability, loss & delay of check-in baggage, personal accident and trip cancellation & interruption amongst others. Moreover, it also allows travellers to customize their coverage as per their travel destination by choosing a policy including/ excluding the countries of the USA and Canada.
Travelling around the world may seem exciting and fun. It definitely stays that way if everything goes as per your travel plan and itinerary. But if you come across any unforeseen obstruction that brings your trip to a halt, it can spoil your entire vigour for the trip. Besides, a few unfortunate incidents can turn so expensive that it might raise your trip budget exponentially. In order to stay unperturbed by any mid-journey crisis, you should buy the best travel insurance policy for your trip. Given the fact that Shriram Travel Insurance is one of the best in India, you can consider getting your travel insured by them. Following are some of the features that make travel insurance policies by Shriram stand out amongst others:
Shriram Travel Insurance broadly offers four types of travel insurance plans in India. They are:
As the name suggests, the Shriram Individual Travel Insurance policy is meant for individuals travelling abroad. It provides protection to an insured traveller from any unforeseen adversities that may hinder his travel plans. The Individual Travel Insurance plans cover the insured for a variety of risks including medical expenses, personal liability, travel delay, trip curtailment, loss of passport, bail bond insurance, dental treatment, personal accident and loss & delay in check-in baggage arrival.
Family Travel Insurance is a customized plan that protects families travelling together from any adversities faced during the trip. Under this plan, the sum insured amount is available on a family floater basis, which means it can be accessed by all insured family members during the trip. This policy provides protection against an array of risks such as dental expenses, medical expenses, loss & delay of check-in baggage, personal liability, loss of passport, personal accident and many more.
A Single Trip Travel Insurance refers to the policy that covers the insured traveller for a single trip only. This kind of policy by Shriram Travel Insurance starts with the commencement of the trip and terminates as soon as the trip comes to an end. This travel insurance policy offers coverage similar to an Individual Travel Insurance policy such as medical expenses, repatriation of mortal remains, personal liability, trip cancellation & interruption, personal accident, emergency evacuation to a hospital, missed connection and loss of passport.
The Annual Multi-Trip Travel Insurance is a policy that has been tailor-made for people who travel frequently. This type of travel insurance is, mostly opted by business travellers who are required to travel frequently due to work commitments. The validity of this travel insurance policy spans for a year with a limit on per trip duration. Some of the most common coverage offered under this policy includes medical expenses, loss of check-in baggage, loss of passport, trip delay, personal accident and personal liability.
The eligibility criteria for different types of Shriram Travel Insurance plans vary from each other. Refer to the table given below to check the eligibility criteria:
Travel Insurance Plans
Minimum Entry Age
Individual Travel Insurance
ü 3 months to 65 years
Family Travel Insurance
ü 3 months to 65 years
ü Includes insured, spouse and up to 4 dependent children under 21 years of age
Travellers insured by Shriram Travel Insurance can get covered against the following risks during their trip:
Any medical emergencies arising out of an illness or an accidental injury leading to the insured getting hospitalized will be covered under this policy by Shriram Travel Insurance. It covers the cost of treatment, investigations, tests as well as the cost of ambulance services provided to the insured
It covers the cost of evacuating the insured traveller to a special healthcare provider or another hospital, provided the same has been prescribed by the attending doctor and is medically important for the patient’s well-being
In case the insured traveller meets with an accident during his trip that leads to his hospitalization, the insurer will cover the cost of his treatment. The insurer will also compensate for any bodily loss or disability of the insured due to the accident
Shriram Travel Insurance will offer a daily allowance to the insured traveller for up to 5 days if he is admitted in a hospital for more than two consecutive days. The allowance can be used to meet day-to-day expenses incurred during hospitalization
It covers any expenses incurred on the dental treatment of the insured to provide relief from acute pain. Such expenses can be easily covered under a medical travel insurance policy without causing a big dent on your travel budget.
In case the insured traveller gets admitted at a hospital abroad and his doctor advises to continue his treatment after his return to India, then Shriram Travel Insurance will extend the policy tenure for up to 30 days and cover the cost of his treatment in India
If an unfortunate incident leads to the demise of the traveller, then the insurer will repatriate his mortal remains back to India and bear the transportation cost. The only way to save yourself from any such losses is by getting baggage insurance for your trip
In case there is a delay of more than 12 hours in the delivery of check-in baggage by the scheduled airline, then the insurer will reimburse any expenses incurred on the purchase of essential items such as clothes, medicines, toiletries, etc
If your check-in baggage has been misplaced by the airline with which you were travelling, then the insurance company will pay compensation for your loss
In case the insured traveller loses his passport during his international trip, then this travel insurance policy will cover the cost of obtaining a duplicate or new passport
Shriram Travel Insurance will cover any personal legal liabilities of the insured traveller that may have arisen due to causing a bodily injury or property damage to a third-party person during the trip
The insurer provides a hijack distress allowance to the insured traveller in case the flight with which he is travelling gets hijacked and the journey gets disrupted for more than 24 hours
In case the insured traveller’s journey gets interrupted or cancelled due to any unforeseen incident such as a terrorist attack or sudden illness of a family member, then Shriram Travel Insurance will indemnify any losses incurred. This cover is not available under the Shri Travel plan variant
This policy provides emergency financial assistance to the insured traveller in case he loses all his money due to incidents like robbery, theft, mugging or dacoity
Shriram Travel Insurance will reimburse any losses that the insured traveller may incur because of missing his connecting flight due to cancellation or delay in the arrival of an inward flight
It reimburses any losses suffered by the insured traveller in case there is a delay of more than 12 hours in the commencement of the trip due to unforeseen incidents such as natural calamities. This cover is not available for people insured under the Shri Travel plan variant
In case an emergency situation or incident forces the insured traveller to cut short his trip and get back to India, then Shriram Travel Insurance will reimburse any additional expenses or losses incurred. People with Shri Travel plan variant do not have access to this cover
The insurer will reimburse the amount paid as bail bond by the insured traveller if he gets arrested by the local authorities during his trip. People with Shri Travel plan variant do not have this cover under their policy
Shriram Travel Insurance will reimburse any expenses incurred the insured traveller on the celebration of Golfer’s Hole-in-One. This cover is only available under the Shri Travel Elite plan variant
The following incidents and situations are not covered under Shriram Travel Insurance policies:
Buying a travel insurance policy is extremely important. But being aware of the claim procedure for a travel insurance policy is equally essential. You should know how can you file a claim for different types of emergencies. Travel insurance claims are of two types – Cashless Claims and Reimbursement Claims.
Claims related to travel and non-medical risks such as delay of check-in baggage, loss of passport, trip delay, etc can be registered as a reimbursement claim. Follow the steps given below to file a reimbursement claim with Shriram Travel Insurance:
The procedure to apply for travel insurance plan by Shriram is very simple. If you want to apply for travel insurance online, you can follow the steps given below:
Shriram Travel Insurance allows its insured travellers to renew their travel insurance policies online. You can follow the steps given below to renew your travel insurance policy: