Travel insurance in India is not in great demands. There is no dearth of travel enthusiasts in India but when it comes to buying a travel insurance policy, travelers seem reluctant. This is chiefly because; travelers are under wrong impression about the utilities of travel insurance online plans. They don’t consider overseas travel insurance policies worth investing let alone domestic travel insurance plans. However, this is far from being the truth. An international travel insurance policy is of utmost importance. Here are the top 5 myths why travelers shun travel insurance companies in India.
Health insurance is good enough Travelers who are armed with a health insurance wrongly think that their health coverage is valid in their travel destinations. However, most health policies offer protection only within India. So, to cover medical expenses in foreign countries due to sickness as well as accidents, travelers need to buy travel insurance in India before embarking on a trip. Medical expenses in countries like US, Canada are very high so investing in a travel insurance policy is worthwhile. Apart from health hazards; travel insurance companies provide many other benefits as well. Airlines take care of flight cancellation and delay Many travelers assume that their financial losses due to flight delay and cancellation are taken care of by airlines companies. In reality, these carriers neither compensate for such unexpected situations nor arrange for any alternative flight. A comprehensive travel insurance policy keeps travelers financially protected in these situations. Most travel insurance companies however, come with an upper limit when it comes to providing accommodation and meal expenses. Travel insurance doesn’t cover item losses Some travelers are not aware of the fact that a travel insurance policy covers loss of important documents like flight boarding tickets and passport. So, even if travelers lose these important documents, they can claim the cost of processing a duplicate one. Most travel insurance companies cover such losses on reimbursement basis. Apart from documents, travel insurance online plans also cover loss and delay of checked baggage. Baggage that is delayed for more than 12 hours is eligible for compensation by travel insurance companies. Travel insurance doesn’t cover sports activities Of late, some travel insurance companies have come up with coverage against adventurous sports. Many travelers love to take part in such activities and they don’t know that losses due to participating in such sports are under the coverage of these newly introduced travel insurance online plans. Traveling within India is completely safe Most domestic travelers tend to undermine the importance of domestic travel insurance policy as they think a domestic trip is totally secured. But hazards like train or flight delay, baggage theft, sickness and accident can befall any time. So, it is prudent to avail domestic travel insurance and stay financially protected throughout their tours. Apart from these myths, travelers also think all travel insurance companies offer the same travel insurance in India. However, all plans differ so travelers should compare travel insurance online plans to get the best coverage as per their needs and budget.
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Most car owners in India buy car insurance online because they have to. A car insurance policy is a legal requirement in India just like a driving license. Car insurance online plans, however, provide car-owners with a wide range of protections. The legally mandated car insurance policy with third party coverage safeguards car-owners from their liabilities to third parties in case their insured vehicle causes third party property damage, accidental physical injuries and even death by paying financial compensation. The comprehensive car insurance policy also shields car-owners economically when their insured vehicle gets stolen or damaged due to natural or man-made disasters. All these reasons trigger the sheer necessity of buying car insurance online. Car-owners not only have to buy car insurance online, but they also have to get their car insurance renewal done before expiry. An expired car insurance policy is equal to not having any car insurance at all. Furthermore, online car insurance renewal cannot be done when a car insurance policy gets expired. So, all car-owners in India not only have to buy car insurance online but also have to get car insurance renewal done on regular basis in order to be legally eligible for driving on Indian roads. While availing car insurance online plans, car-owners should pay heed to the following aspects to ensure an informed purchase. Compare car insurance quotes with coverage on offer There is a plenty of car insurance online plans available in India. Car insurance quotes depend on the coverage provided. So, car-owners should compare car insurance quotes in terms of coverage to trace out the cheap car insurance without compromising on the coverage. Go for higher IDV Car insurance quotes are determined by IDV of the vehicles. Many car-owners make the mistake of choosing lower IDV in order to minimize their premium outgo. However, car-owners should select the right IDV before going through proper car insurance quotes. In case their insured vehicle is damaged beyond repair or is stolen, car insurance companies compensate policyholders by paying out the IDV value of the insured cars. Claim settlement ratio of car insurance companies Companies that offer car insurance online in India differ a lot on the basis of rate of claim settlement. You invest your hard-earned money for getting financial assistance in your moment of need so you should select the provider with highest approval rates when it comes to claims. Apart from claim settlement, your chosen provider of car insurance policy should also have lowest complaint rate. Network of car insurance online providers In case your insured vehicle gets damaged, you have to get it repaired. If you choose a provider of car insurance with wide range of cashless workshops in its network, you can avail the cashless service in your vicinity without having to pay from your own pocket. If you keep these 4 pointers into account when you are comparing car insurance quotes, you can avail the best car insurance policy for your cherished vehicle. Planning a foreign trip can well and truly fill anyone with excitement. We remain busy selecting our favourite holiday destinations, book flight tickets way in advance with the hope for a lucrative discount and sometimes book accommodations too. Amidst all these steps to make an international trip a flawless one; most of us don’t keep untoward events into account. We hardly think of preparing ourselves to face unforeseen circumstances with confidence and consider a financial back-up. If you are planning a trip to overseas countries, the very first unexpected situation that you need to cover is medical exigencies. You may fall sick suddenly during your trip any accident can have you injured and looking for treatment on emergency basis. Hospitalization expenses in foreign countries are very high and if you don’t have your expenses covered, it can cost you a fortune. The best way to stay protected from exorbitant health expenses is to avail travel medical insurance plans. This type of plans is also known as travel health insurance plan. In essence, a travel medical insurance policy is a short-term health policy which is valid all over the world. Differences between a travel health insurance and a regular travel insurance plan
This type of travel insurance online plan covers the cost of emergency medical treatments
In some countries, separate travel medical insurance plans are available and these are cheap travel insurance plans compared to those with comprehensive coverage against all sorts of emergencies. In India, however, travel insurance plans provide coverage against all types of unplanned expenses including medical emergencies due to sudden sickness or accidents. It is always better to go for a comprehensive travel insurance online policy. If your important documents get lost or if your baggage is delayed, a regular travel insurance policy covers the loss of the insured travelers. This type of travel insurance in India also reimburses the financial loss of travelers for booking flight and accommodations in overseas destinations if they are forced to cancel their trips due to unavoidable circumstances. Although a travel medical insurance policy is a cheap travel insurance policy in comparison to an all-inclusive travel insurance policy, but the coverage of a travel health insurance plan might fall short to cover all your unplanned expenses during your international trip. You wouldn’t surely want to burn a whole in your pocket in order to save a bit on the travel insurance premium. Oriental Insurance’s Two Wheeler insurance fixes its insurance amount as per the IDV of the Two Wheeler. However the IDV under Oriental Insurance’s Two Wheeler insurance varies as per the age of the vehicle. Oriental Insurance’s Two Wheeler insurance is equal to the declared value of the vehicle or the IDV. That is the value of the Two Wheeler the customer wants two insure. Oriental Insurance’s Two Wheeler insurance for a Two Wheeler which is lesser those five years is based on the price listed by the manufacturer including the depreciations with time. Under Oriental Insurance’s Two Wheeler insurance the insurance for bike which are more then five years old or have become obsolete will have an insurance value as decided by the mutual decision between the company and the customer. So this hints towards the fact that the bet option is to grab an Oriental Insurance’s Two Wheeler insurance along with buying a Two Wheeler. This will definitely let you save a lot and moreover this will let to keep your bike secured for a longer period of time from the very first day you buy it. The coverage period of an Oriental Insurance’s Two Wheeler insurance is usually one year however you can opt for Oriental bike insurance for lesser period of time. However like ever insurance providers there are certain issues not covered by Oriental Insurance’s Two Wheeler insurance. Let’s check out the listed exclusions which Oriental bike insurance will not cover under any circumstances-
Why multi-trip travel insurance in India is the best travel insurance for frequent travelers12/11/2017 Although, most people in India go abroad for holidaying once or twice in a year, there are some people who trot the globe all round the year. Travel insurance India is a must for all travelers but for this type of frequent flyers, the best travel insurance is the multi-trip travel insurance in India. Why do you need travel insurance? Medical expenses in most countries in Europe and US and Canada are way higher than that of India. Common people without online travel insurance plans have to burn a whole in their pockets to meet such exorbitant healthcare costs. Apart from medical costs, overseas travel insurance India policies also cover the loss due to flight and baggage loss and delay and loss of important documents. What is multi trip travel insurance? Multi-trip travel insurance India plans are the best travel insurance options for corporate travelers and businessperson who roam around the world all year long for business deals, seminars and meetings. One of the foremost reasons why multi-trip travel insurance policies are the best travel insurance in India because it remains valid for a specific period of time and provides the same coverage for all trips during that period of time. For an example, if you buy this type of travel insurance India policies, you can stay covered for three or more trips abroad. Multi-trip travel insurance plans are the best travel insurance policies also because for each trip the coverage is valid for 31 consecutive days. You can even extend this duration by paying additional premium on your travel insurance in India. Depending on the provider of travel insurance in India, best travel insurance for multiple trips cover specific geographical locations like Europe or Asia or even worldwide. When should you buy travel insurance for multiple trips? You can avail an online travel insurance policy that covers multiple trips at anytime and from anywhere. Ideally, you should buy travel insurance just prior to embarking on an international trip so that you can stay covered for the entire period of your stay in foreign countries. What do multi trip travel insurance India plans cover?
If you are looking for the best two wheeler insurance in India, United India Insurance Company can well be your best option. United India two wheeler insurance policies are highly sought-after among bike-owners in India. United India Insurance Company Limited offers a lot of benefits in their two wheeler offerings. Apart from the regular coverage, United two wheeler insurance policies also come with many advantageous features. Let's take a look at the reasons why you should resort to United India Insurance to fulfill your two wheeler insurance needs.
Key features of United India two wheeler insurance plans
How to renew United India two wheeler insurance policy? With the advent of online United India two wheeler insurance plans, you can now get your two wheeler insurance policy renewal done on the portal of United India Insurance Company itself. You first have to find the tab designated for United India two wheeler insurance policy renewal. Then you have to put in some basic details such as your current United two wheeler insurance policy number. Upon providing necessary details, you can go through the wordings of the new two wheeler insurance plan provided by United India Insurance Company. If you are fine with it, you can make the payment online on the portal of United India Insurance Company. Once you get the new United India two wheeler insurance plan, you are done with the renewal process. |
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