Traveling Abroad? Do You Have an Overseas Cover?
4. Buy a Wholistic Plan
Medical coverage is undoubtedly the most important cover of all in travel insurance but other areas need to be covered as well. Balakrishnan says, "The most important cover in a travel policy being the medical cover, it is important to check if the sum insured is commensurate with the premium and also check the list of exclusions in the policy."
Ravi Menon, Head of Forex at Cox & Kings, also agrees and says, “For instance, loss of baggage or baggage delay is very common as airlines do misplace or lose baggage while flying from one destination to another.”
Menon further says, "Trip cancellation is another cover which is important and not related to health and has financial implications. In our opinion, a passenger should avail a wholistic cover while travelling.”
