Flying soon? Do you know what travel insurance covers? A must-read before you set out to board your flight

What we generally do while booking a flight is look for flight availability on our travel date, search for coupons, confirm the payment mode, and often reject or ignore the travel insurance option, and then confirm our travel without even considering the insurance. However, travel can come with surprises, and you never know what might happen. To draw your attention to travel insurance coverage, we have put together this article that outlines what travel insurance generally covers. Let's take a look.

What is travel insurance?

A travel insurance policy provides financial protection against unforeseen events, such as medical emergencies, trip cancellations, lost baggage, delayed flights, or others. No matter where and why you are travelling, choosing the right travel insurance coverage helps you stay prepared for any challenges that may arise along the way. 

A travel insurance plan helps to cover financial emergencies during your trip. These financial emergencies are costs that arise from circumstances out of your control. For example, if you require urgent medical attention, hospitalisation due to an accident, or your flight is delayed, or you lose your luggage, travel insurance would cover these expenses.

What does travel insurance generally cover?

The thrill of travelling comes with uncertainties lost luggage, medical emergencies, flight cancellations, and unexpected disruptions. At this point, travel insurance can ease us in such situations. Travel insurance protects you from unexpected expenses during your trip. It covers costs that are beyond your control, like medical bills from an accident or illness, flight delays or cancellations, and lost or stolen luggage, so you can travel with peace of mind. Let’s take a look at what travel insurance generally covers.

1. Medical Emergencies/Hospitalisation expenses

2. Baggage loss, delay, and theft

3. Trip cancellations or interruptions

4. Loss or theft of a passport and other travel documents

5. Aircraft hijacking

6. Emergency cash advance for theft or loss of credit cards and cheques
Cover for missed cruise

7. Coverage for loss or theft of portable electronic items

8. Personal accident coverage in case of accidental injuries when travelling

9. Personal liability and legal fees

10. Medical evacuation and repatriation

11. Personal accident coverage

It may also offer additional benefits like emergency cash advances, coverage for missed connections, or protection for specific items like electronics. The exact coverage varies depending on the policy and provider. 

When to buy travel insurance?

You can often purchase travel insurance during the flight booking process or shortly after. Many airlines and third-party providers offer travel insurance options.

• Ideally, you can purchase travel insurance as soon as you book your flight to get maximum coverage against unexpected travel disruptions.
• Buying within 15 days of booking can ensure coverage for pre-existing medical conditions and trip cancellations for specific reasons.
• You can typically buy insurance up to 24 hours before departure, but early purchase enhances coverage benefits.

Types of coverage

• Trip Cancellation or Interruption Coverage: Protects against financial loss if your trip is cancelled or interrupted.
• Flight Delay or Missed Connection Coverage: Covers expenses due to flight delays or missed connections.
• Emergency Medical Coverage: Provides medical coverage in case of accidents or illnesses while traveling.
• Lost or Delayed Baggage Coverage: Covers lost, stolen, or damaged luggage.
• Travel Assistance Services: Offers assistance with travel-related issues.
• Accidental Death and Dismemberment Benefits: Provides financial compensation in case of accidental death or injury.

How to add travel insurance?

• Check with your airline for travel insurance options
• Visit a travel insurance comparison site to find the right policy
• Consider comprehensive coverage that includes cancellation, medical, and baggage losses. 

Keep in mind that last-minute purchases might limit your coverage options. It's essential to review policy terms carefully and research insurance options thoroughly