Travel insurance can make all the difference when you’re abroad, which is why it’s so important to keep it in mind if you’re planning on taking a trip anytime soon. But how do you find a Top Rated Travel Insurance Company?
The answer to that question depends largely on your needs and preferences, but we’ve created this comprehensive blog post highlighting the best travel insurance providers in India, as well as their policies. Whether you’re looking to protect yourself from unforeseen circumstances while traveling or peace of mind knowing that your parents’ health won’t be compromised should an accident happen during your trip, there are tons of companies out there with plenty of plans for travelers across a variety of budgets.
Which travel insurance policies are the best in India?
There are a wide array of travel insurance plans to choose from, but most of them aren’t created equal. There are a few aspects that you need to keep in mind when choosing travel insurance in India: the level of coverage, the type of cover you require (medical, emergency or both), and your budget. Depending on these factors, some travel insurance plans will work better for you than others. Here’s a quick rundown of some top rated travel insurance policies:
LIC Premium International Travel Insurance Plan (IVS Plus) – Best Overall Coverage
This is one of the most popular international travel insurance plans available from LIC premiums . The IVS Plus plans are a wise choice for travelers looking for peace of mind and flexibility in their coverage. For starters, it offers two levels of coverage: medical and emergency. This can be useful for those who need to worry about themselves more than others, like the elderly who want to make sure they get a proper medical treatment when needed, or someone may need immediate medical attention if they get into an accident during their trip.
This plan also provides unlimited accident insurance; however, it does not offer any cancellation/refund without medical confirmation or evacuation support.
LIC Premium International Travel Insurance Plan (IVS Plus) is available in both annual and monthly plans.
Premiums range from Rs. 14,000 to Rs. 25,000, depending on the plan you choose.
Insurance cover: All medical expenses (both out-patient and in-patient), repatriation of said expenses if any and other miscellaneous in-kind expenses as prescribed by the reimbursement scheme/insurance company’s policy form used for claim settlement (ie: air tickets for out-patient treatment).
Cost of cancellation: 50 per cent of the policy amount payable.