A Newsletter by Royal Sundaram Alliance Insurance Company Ltd. ISSUE 3: OCTOBER 2008
Insurance Savvy
Travel Peacefully with a Travel Insurance Policy!

No matter what kind of traveller you are, whether a travel enthusiast, who loves to globe trot, or a business traveller who goes on frequent business trips. A tourist who goes on long trips to myriad destinations, or a parent travelling to visit your child in a faraway land; you are now safer with insurance policies that offer to cover you in case your day does not turn out the way you want it to.

Travel insurance is a means to minimise the financial risks that can occur due to
  • Medical emergency overseas
  • Events like trip delay
  • Delayed arrival or loss of baggage
  • Passport loss and legal expenses
  • Loss of your Home contents due to burglary, fire and allied perils

You can purchase a travel insurance policy for all the people in your family up to the age of 70 years. The best part is you can purchase this policy even the day before you leave. No documentation or medical checkup is required. This policy guards you against any unexpected event that might occur from the time you start your journey till you come back to India.

Any regularly scheduled commercial airline flight will be covered under the policy, even if it is not your departure and return flight. For example, if you tour Europe on your vacation, and take several small flights while in Europe, each one of these flights, as well as your trans-Atlantic flight, will be covered. If something should happen to you, your beneficiaries receive the benefit paid by your policy completely income tax free.

Coverage includes not only accidental death, but also partial, total disablement as a result of the plane being in an accident. The Accident cover is applicable even if you are merely walking on the road and get involved in some accident.

Apart from Personal Accident cover your travel insurance policy also provides cover for emergency dental treatments and hospitalization. Even your home content comes under the purview of this insurance in case of loss or damage while you are away.

There are many pros to purchasing travel insurance. The most obvious reason to consider this insurance purchase is the peace of mind and protection that it offers. When you fly, you know your family will be secure if something happens to you if you have an insurance policy. You can rest easier while traveling knowing this. Travel is an adventure and a risk, and it is good to be careful. Insure your trip so that you enjoy it to the maximum.

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