Best Travel Insurance Companies in India

Picking the Best Travel Insurance Company

To ensure that you have the best travel insurance policy, take care of the following before you zero down a plan:

• Compare Travel Insurance Online: Today almost all travel insurance companies are accessible online.  Make sure to compare the benefits, cover, and quotes offered by the different travel insurance companies before you buy a policy.
• Should Cover Medical Expenses: Medical expenses in European and American countries are pretty high and may easily create a hole in your pocket. Therefore, opt for a travel insurance company that offers plans specific to countries meeting the requirements.
• Analyse Different Features: In general, most companies offer almost similar features. Make sure to look for travel insurance plans with additional covers so that you get the best benefits.
• Check Financial Capacity: Make this a thumb note of not going for an insurance company just because it is offering a low premium rate. Buying a travel insurance policy with inadequate benefits is not going to help you at times of emergency. Don’t forget to check the insurer’s incurred claim ratio as well as the claim settlement ratio to know their financial health. 
• Confirm Claim Rejection: The claim rejection ratio varies from insurer to insurer; therefore, it’s advisable to go for the travel insurance company with a lower claim rejection ratio.

Type of Insurance Based On your Travel Requirements

Based on your travel requirements, the travel insurance companies offer different types of travel insurance cover, which are

• Domestic Travel Insurance

  Opt for this plan if you travel frequently or have planned a vacation in another city. Especially, if you wish to secure yourself from personal as well as medical liabilities, during the travel time!

• International Travel Insurance

  Besides other coverages, it gives you a comprehensive cover from the risk of a hijack, deportation, and also from medical and personal emergencies during your travel.

• Corporate Travel Insurance

  This one is purchased by businesses and multi-national companies for employees who need to travel often. 

• Student Travel Insurance

  This is for students who take admissions into colleges and universities overseas for higher studies. If there is a loss of passport, any medical emergency, disruptions in their studies or any other mishap, then this policy will keep them covered and insured.

• Medical Travel Insurance

  This is a short-term travel insurance plan meant to cover the health and medical expenses in case of a medical emergency while travelling overseas. 

• Family Travel Insurance

  This insurance policy is best suitable for family international trips. Get your whole family insured from personal and travel-related risks which may arise under a family floater. 

• Senior Citizen Travel Insurance

  This plan is for the elderly within the age group of 61-80 years. As compared to normal plans, it specifically covers expenses that seniors may be prone to.

• Individual/Group Travel Insurance

  There are plans which provide cover to an individual from travel-related emergencies and also a group of people travelling together. Group insurance saves a lot of money on premiums though.

• Single/Multi-Trip Insurance

  Single trip insurance is for people taking only one trip, and they want to safeguard themselves from any unforeseen circumstances during that trip. Whereas, multi-trip is for frequent travellers to save them from personal and medical emergencies during the trip.

Top Travel Insurance Companies in India

Travel insurance is provided by several insurance companies in India. Here is a list of the best travel insurance companies in India that you may consider:

Disclaimer: *Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.