You could take an international trip for either personal or business reasons – but it’s always exciting to visit a foreign country with its unfamiliar ways. The time when this unfamiliarity stops being exciting and gets worrisome is when things go wrong – and that’s why all travellers must take international travel insurance – whether they are on a business trip, a study trip or a vacation.
When purchasing travel insurance – the choices are divided between:
- USA and Canada
- Schengen countries
- Asia excluding Japan, and
- Rest of the world.
The Schengen Countries or Area ismade up of 26 European countrieswho have abolished their internal borders – for free and unrestricted movement of people with in the region, and have common rules for controlling external borders.Schengen Area covers most of the EU countries, except the UK, Ireland, Croatia, Cyprus, Ireland and Romania. Although not members of the EU, countries like Norway, Iceland, Switzerland and Lichtenstein are also part of the Schengen zone.International Travel Insurance is compulsory for getting a Schengen area Visa.
An insurer such as Bharti AXA GI has made travel insurance for non – Schengen countries available for individuals fromthe age of 3 months to 85 years. Persons in the age group of 60-85 years are underwritten on a per case basis. For purchasing travel insurance for the non-Schengen countries – the International Travel Insurance policies can be chosen depending on the place of travel, the people travelling and the number of trips planned for the year. For example: if a family of husband, wife and two kids are travelling – they can opt for Family travel insurance.
A comprehensive travel insurance policy for visiting Non Schengen countries must offer the following features:
- Medical Expenses inclusive of Repatriation andEmergency Medical Evacuation
- Dental Care Expenses: acute anaesthetic treatment of a naturaltooth or teeth during a trip.
- Personal Accident: accidental bodily injury during a trip.
- Accidental Death& Permanent Total Disablement
- Daily Allowance in case of Hospitalisation
- Compassionate Visit
- Loss of Passport, travellers’ cheques, travellingtickets/documents
- Delay or Total Loss of checked-in baggage
- Trip Delay
- Trip cancellation & interruption
- Missed Connection
- Personal Liability
- Financial Emergency Assistance
- Hijack Distress Allowance
- Home Fire and Insurance Contents
- Loss of Deposit or cancellation
- Overbooked Flight
- Bail Bond
- Legal Expenses
- Emergency Accommodation Payment: the compensation paid to the insured person when they have had to find alternative accommodation, as the original accommodation booked has been cancelled due to natural disasters such as fire, flood,earthquake, storm, hurricane, explosion, an outbreak ofmajor infectious diseases.
It’s always a good idea to be aware of the Policy Wordings of your International Travel Insurance document – so you know exactly what expenses are covered and what isn’t.