Navigating the Process: A Step-by-Step Guide on How to Get Travel Insurance Policy

Travelling opens up the world around us and allows us to have new and exciting experiences which break free from the monotony of daily routine. But despite all of these offerings, people who travel are often exposed to certain risks when travelling.

These risks hide in the background and get worse because of unexpected events. This is why individuals should consider a travel insurance policy to travel with peace of mind. In this blog, we will explore a step-by-step process to purchase insurance when travelling.

What is a Travel Insurance Policy?

Travel insurance is a form of financial protection offered to travellers. This type of insurance protects the traveller from incurring a loss due to risks arising from unexpected circumstances.

These risks can have varying severity and frequency and can result in financial loss. With the right insurance, travellers can safeguard their investments and protect themselves from bearing the additional expenses caused when exposed to these risks.

What are some factors which need to be considered when purchasing a Travel Insurance Policy?

Whenever purchasing insurance, the first step is to compare different insurers and choose a policy you would want to insure your trip with. Here is a list of factors which need to be considered to get the right policy for your needs.

1. Coverages offered

Checking the coverages and opting for the plan which offers the specific plans is helpful.

2. Premium price

Other than the comprehensiveness or the number of coverages offered, it is essential to check the price and whether you can afford the plan/policy in the first place.

3. Exclusions

It is essential to check the exclusions as those are circumstances where any injury or loss incurred due to participating in these activities will be rejected.

4. Special conditions

There are certain coverages which have special conditions to avail them. So keep those requirements in mind to qualify for them, or make a travel plan excluding them if you do not qualify.

5. Trip duration

Certain insurers have limits in terms of policy duration, and in some instances, it may even impact the premium price.

6. Trip destination

There are specific destinations that insurers do not cover, and it is necessary to look for an insurer who offers an international travel insurance policy for the country you are travelling to.

7. Reliability of the insurer

Checking reviews and experiences can help understand the reliability of a particular insurer and help decide if they are reliable enough to trust for the policy or not.

8. Claim settlement ratio

It is essential to check the claim settlement ratio of an insurance provider to judge whether they will accept the claim if it is genuine.

How to get Travel Insurance?

Purchasing insurance online with Niva Bupa is very simple and intuitive. With just a few clicks, you, too, can insure your trip and travel with peace of mind.

• Visit the Niva Bupa website and click on “Travel Insurance”.
• Fill out the details requested in the portal, and choose whether you will go on a single trip or travel as a student.
• Choose the country you will be travelling to from the dropdown menu, choose the date of departure and return and confirm with your phone number.
• After filling out all these details, click “view plans.”
• This will take you to a page where you can input the traveller’s details.
• Once that is done, click “Next” and choose the right plan for your needs. Change the sum insured to the amount you want to insure your trip for and select any add-ons.
• Click on “Next” after this and fill out the relevant information along with the medical declaration to purchase the plan of your choice.
• Once the payment is complete, the policy will be emailed to you.

Conclusion

Purchasing insurance has never been simpler, and with online portals, you can buy a policy within minutes and insure your trip from anywhere. With Niva Bupa, you can travel with the confidence necessary to forget all the risks and enjoy your time. 

FAQ’s

1. What factors should I consider before buying a travel insurance policy?

Before purchasing a travel insurance policy, evaluate the coverage based on your travel needs. Consider factors such as:

• Destination – Some places may have higher medical costs or greater risks.
• Trip duration – Longer trips often require extended coverage.
• Coverage type – Check for emergency medical, trip cancellation, baggage loss, and COVID-related expenses.
• Pre-existing conditions – See if they’re covered or excluded.
• Adventure sports – If you plan to engage in risky activities, check if they are covered.
• Claim process – Look for insurers with a simple and quick claims procedure.

2. Does travel insurance cover every destination?

Most travel insurance policies cover a wide range of international and domestic destinations, but not all. Certain high-risk countries or conflict zones might be excluded. Always check the list of excluded destinations in the policy terms before buying, especially if you’re traveling to politically unstable regions or places with travel advisories.

3. Can I buy travel insurance online after booking my trip?

Yes, you can buy travel insurance online even after you’ve booked your trip. In fact, many people do. However, it’s best to purchase it as early as possible so you’re protected against last-minute cancellations or unforeseen circumstances before departure. Some benefits, like trip cancellation cover, are only applicable if the policy was purchased soon after booking.

4. What documents are required to buy travel insurance online?

Generally, the documents required are minimal. You’ll typically need:

• A valid passport
• Travel details (destination, duration, dates)
• Government-issued ID (like Aadhaar or PAN for Indian travellers)
• Medical history, if applicable, for policies that cover pre-existing conditions
• Some insurers may also ask for visa copies or flight tickets for specific types of plans.