Travelling with family is an exciting experience. When travelling with your loved ones, you are always extra cautious. You want everything to go smoothly and safely. One way to ensure your family’s safety while on vacation is to purchase travel insurance for international travel. Travel insurance guarantees financial protection against unforeseen events during your trip.
Let’s discuss why it is important to purchase family travel insurance, how to buy one, and what some of the top insurers you can consider.
Significance of Buying International Holiday Insurance for Families
Family travel insurance is a type of insurance that safeguards you and your family from various unexpected events under one policy. Purchasing international holiday insurance is necessary as it covers you against the following events:
- Medical Emergencies: No one plans to get sick; however, illness is inevitable, and you should be prepared for it when travelling with your family. Medical treatments can be expensive in foreign countries. Travel insurance provides coverage against a variety of medical expenses, such as room rent, diagnostic tests, prescription drugs, surgeries, and many more.
- Emergency Assistance: If you believe you need to be evacuated for any reason, you may request it. Your insurer will cover the cost of transporting you back to your home country, which could be costly otherwise.
- Trip Cancellations: Imagine you’re travelling with your family, and your parents suddenly become ill, forcing you to cancel your trip. Now, what will happen? Will you lose your money? No, your international holiday insurance will reimburse you for cancelling or shortening your trip.
- Loss of Luggage: Losing luggage is a common situation you might face when travelling with your family. For instance, your children may lose it, your parents may forget it somewhere due to ageing, or the airline may lose it during the check-in process. It is better to prepare for such a loss. Travel insurance provides coverage for all necessary items.
- Delayed Flights: Flights can be delayed due to various reasons, such as strikes, air traffic, and security issues; however, the most common reason is inclement weather. If you cannot reach your destination on time or miss your connecting flight due to a delay, don’t worry; your travel insurance will reimburse you for your loss.
- Peace of Mind: Knowing that you are covered for all potential unforeseen events, such as trip cancellations, delayed flights, medical emergencies, and so on, gives you peace of mind and allows you to focus on your journey and enjoy it to the fullest.
Also read – Travel Insurance for USA
Things to Keep in Mind When Choosing Travel Insurance for Families
When choosing international holiday insurance for your family, consider the following factors to make an informed decision:
- Destination: Ensure that your travel insurance policy covers the destination you intend to visit. It’s essential to check the list of destinations your policy covers before finalising it.
- Coverage: The coverage of the insurance plan varies depending on the insurer and type. You should look for policies that provide comprehensive coverage to families.
- Exclusions: Pre-existing conditions and high-risk activities are among the most frequently excluded from insurance policies. When travelling with family, children often have a keen interest in activities like scuba diving and paragliding, while parents may also have pre-existing health conditions. Therefore, it’s crucial to thoroughly understand what is not covered under your policy to prevent any issues.
- Costs: Insurance companies charge you premiums in exchange for the policy. Some insurers charge low premiums for limited coverage, while others charge high premiums for comprehensive coverage. As a result, you should choose a policy that is both affordable and provides comprehensive coverage for your family.
How to Buy a Travel Insurance Plan for Your Family?
Buying a suitable insurance policy for your family can be a daunting task. Follow the straightforward steps mentioned below when buying the insurance policy:
- Assess Needs: Assessing your family’s needs is the first and foremost step. Determine factors such as the duration, health conditions, or special requirements for family members.
- Research Insurer: Check the insurer’s reputation by looking up their Claim Settlement Ratio and reading reviews and ratings online. Ensure you’re investing in a reputable and financially stable company.
- Read the Policy: Understand the terms, conditions, and claim process of the insurance policy. You must familiarise yourself with all the necessary documentation.
- Get Quotes: Request quotes from various insurance providers for your trip to compare coverage levels and costs, and then choose the one that best suits your needs.
Top 4 Travel Insurance Policies for Families
There are numerous insurance options available in the market. When looking for a family travel insurance plan, consider the following insurers:
- Niva Bupa Travel Insurance: They provide coverage against the following events for you and your family during the trip:
- Medical coverage
- Trip cancellations
- Delayed flights
- Loss of luggage
- Loss of passports
- Emergency evacuations
- Tata AIG Travel Family Insurance: They offer the following benefits:
- Single-trip insurance
- Multi-trip insurance
- Medical insurance
- Covid-19 coverage
- Non-medical coverage (trip cancellation, delayed flight, etc.)
- Adequate coverage
- Travel Guard by AIG: Travel Guard offers the following benefits to your family:
- Customised plans as per family need
- 24/7 travel assistance
- High coverage limits for unforeseen events (trip cancellation, lost luggage, etc.)
- Wide range of coverage options
- Bajaj Allianz Travel Family Insurance: Bajaj offers the following benefits:
- Lost baggage
- Medical coverage
- Accidental death
- Covid-19 coverage
- Coverage for home burglary
- Covers travel via public vehicles (buses, trains, etc.)
Wrapping Up
Considering the unpredictability of life, travel insurance has become a necessity in today’s world. It not only protects you from unforeseen events like trip cancellations and delayed flights but also provides peace of mind, allowing you to fully enjoy your trip and spend quality time with your family.
If you’re in search of an insurance provider that offers comprehensive coverage, round-the-clock assistance, and an efficient claims process, then Niva Bupa Travel Insurance stands out. They provide everything you need in a travel insurance policy. Additionally, Niva Bupa has been recognized as the “Most Trusted Insurance Provider” by their policyholders.
Choose Niva Bupa and make the most of your journey.
