hdfc life has come up with a very good plan for travel insurance. Travel has become an integral part of human life. Be it traveling for work, education or you are going for a vacation somewhere. But how many of us do not check the box for travel insurance while booking our tickets. Most people don’t think this is necessary. However, the Kovid-19 pandemic has changed this thinking. People are beginning to understand the importance of travel insurance to protect money.
The tourism industry was hit by the Kovid-19 pandemic, but now the tourism industry is slowly opening up after vaccination. One should opt for an insurance policy while traveling to reduce the risks associated with it. It helps you deal with unforeseen emergencies and the policyholder gets financial compensation in case anything goes wrong with the trip. Having travel insurance protects you from uncertainties and financial losses arising out of change in travel plans, flight delays, loss of baggage, theft, illness, accident etc.
Many times such situations come when we have to cancel our tour. Sebi registered investment advisor Jitendra Solanki says, having travel insurance can at least avoid the loss of your money. For all cancellations made 24 hours prior to travel, your insurer will refund all your charges as stated in your policy.
You want to go to a business meeting on time and the airline announces a delay. In times like these, your insurance can help ensure that you are compensated promptly.
In travel insurance, you get facilities like medical emergency. Travel insurance will cover the expenses of treatment, room rent, medical charges.