Top myths of travel insurance you need to know

You may have been advised to buy travel insurance when you travel internationally. Along with that, you may also have heard that travel insurance is too expensive or it is needless. Sadly, many such myths about travel insurance prevent people from using much necessary form of insurance with several benefits.

Top myths of travel insurance

Here are some of the most common travel insurance myths and why you need to stay away from them:

1. Myth: Travel insurance is expensive

Many people stay away because they feel travel insurance coverage is expensive. This is a big myth.

Fact:

While travel insurance in itself is quite affordable, when you face an emergency on your trip. Medical expenses abroad are very expensive.

Tip: When you have travel insurance, these costs are taken care of and you realise how financially beneficial travel insurance is.

2. Myth: Health insurance is enough

Several health insurance plans offer overseas medical coverage. As a result, travellers feel their health insurance will cover their expenses even if there is a medical emergency abroad and subsequently, don't get travel insurance if it is not mandatory.

Fact:

This is another big misconception. International health insurance could have several clauses wherein all hospitalisation expenses might not be covered. This is exactly where a travel insurance plan comes in handy. Travel insurance also covers other inconveniences like trip cancellation, trip delay, loss of passport, loss of checked in baggage etc. which a domestic health insurance would not offer.

Tip: Hence, to ensure comprehensive coverage, you must get travel insurance.

3. Myth: Travel insurance is only for long trips

People often think a travel insurance policy only needs to be purchased if they are travelling for a long duration.

Fact:

This is a myth, because misfortune can strike at any time, and even a short trip requires adequate protection. Thus, you need to buy a travel insurance plan even if you are going for a weekend trip.

Tip: Travel insurance plans cover other aspects such as trip cancellation/interruption or curtailment, compassionate visit, home burglary or personal liability, event cancellation, etc. as well.

4. Myth: Family plans are not available

No, you do not need to purchase separate travel insurance plans for the different members of your family.

Fact:

This is just a myth that you should not pay heed to. You can protect multiple members of your family under a travel insurance policy.

Tip: So, if you are going on a family vacation, get a common travel insurance policy and secure everyone under it.

The final word

Stay away from these myths and get the best travel insurance coverage before your next trip, whether you travel internationally. Explore your options and choose a suitable plan from Zurich Kotak General Insurance and secure your trip.