The premiums for a short duration overseas travel insurance tends to be fairly low and a savings of a few hundred rupees should not really guide your choice of insurers. Here are some of things that you should consider while buying short stay travel insurance :
- Buy online : Since the
insurance premium is pretty low it is not remunerative for normal insurance
agents to service these requests. Hence you should look for deals that you can
completely buy online.
- Buy through your travel agent /
tour operator : Your travel agent /tour operator will normally negotiate a bulk
package deal with a specific insurance company. This is also quite convenient
but just check out the amount of coverage, the days of coverage (your coverage
should be available for at least a few days more than the planned trip as
unexpected events may results in your staying overseas for a longer period) ,
the deductible amount (normally the first 100 dollars) as well as the common
factors given below.
- Claim support services
available in the country to which you are travelling. A toll free number in the
country you are travelling to is a great option since most people use prepaid
mobile phones while in the foreign country and the balance runs out pretty fast when you call
overseas or back to India to lodge a claim or discuss future steps with the
- Remember travel insurance policies will not cover any pre-existing diseases that you already have. So if you have any such diseases it is always advisable to take a specific policy for yourself though getting one that will cover serious complications such as Heart attack, etc. if you already have heart disease or diabetes etc. is going to be pretty tough. Remember your mediclaim policy does not cover you for hospitalisation costs incurred outside India.
Keep a copy of all documents submitted to the insurance company for your future reference.
Any promise made by the agent or even an official of the insurance company has no value unless it is in writing or at least on email.
So if you are basing your decision on any such promise make sure you get it in record in some form.