It Is Better To Be Safe Than Sorry

A travel insurance plan can compensate for the financial loss to a certain extent

- Nirmala Konjengbam

It is a wonderful experience, vacationing with your dear ones. But what if in between your luggage gets misplaced by the airlines crew? We all know of the recent terrorist blast in Sri Lanka, where during the Easter mass, the people in the Church were gunned downwhere 30 tourists lost their lives and 30 more were severly injured. No.. these incidents are not being pointed out to inculcate fear, but simply to remind you that one never knows when he or she will be in such grave situations.

There are various risks, a person is exposed to while travelling, right from trip cancellation due to inclement weather condition, delay or loss of checked-in baggage to occurrence of a medical emergency while getting acclimatised to the climatic conditions of the country of travel. The very nature of these risks is unpredictable and if a person does not have adequate travel insurance, they can be caught unaware in an unknown country with no guidance.

Travel insurance usually covers medical expenses in case of emergency hospitalisation, accidents, medical evacuation, repatriation of mortal remains, flight delay or cancellation, loss of checked in baggage, loss of passport and trip cancellation. Most policies are designed to cover the costs and losses associated with unexpected events incurred to protect travellers from financial loss before or during their trip.

Sasikumar Adidamu, Chief Technical Officer, Bajaj Allianz General Insurance said, “People seldom think that things may go wrong, which can jeopardise all their plans. Travel insurance is a must on the list when travelling as it is the smartest tool that safeguards you and your loved ones.” Proper planning is required regardless of a tight budget or a luxurious family holiday. Unforeseen circumstances could happen anywhere and any time, burning a big hole in the pocket. A travel insurance plan can compensate for the financial loss to a certain extent.