Travelling is an exhilarating experience, but it comes with uncertainties. Whether it’s a business trip or a vacation, having the right travel insurance can make a significant difference. Single-trip or one-trip travel insurance is designed to cover you for the duration of a single journey. This article delves into the importance of single travel insurance, its benefits, and how SBI General makes it easier for travellers to secure their trips.

Importance of Having Insurance for Single Trips

Travel insurance is crucial for safeguarding against unforeseen events that disrupt your travel plans. From medical emergencies to trip cancellations, insurance ensures you are financially protected. Single travel insurance is particularly beneficial for those who travel infrequently but want comprehensive international travel insurance coverage for a specific trip.

What is Single Trip Travel Insurance?

Single-trip travel insurance is a policy that provides international travel insurance coverage for a single journey from the start date to the end date of your trip. It is ideal for travellers who only travel occasionally and need coverage for a specific trip. This type of insurance covers various risks, including medical emergencies, trip cancellations, and baggage loss.

How Does It Differ from Multi-Trip Travel Insurance?

While single travel insurance covers one specific trip, multi-trip travel insurance covers multiple trips within a specified period, usually a year. Multi-trip insurance suits frequent travellers, whereas single-trip insurance is more cost-effective for those who travel occasionally.

Who Should Consider Single Trip Insurance?

Single trip insurance is ideal for:

• Occasional travellers: Those who travel once or twice a year.
• Vacationers: Individuals or families going on a holiday.
• Business travellers: Professionals travelling for a single business trip.
• Students: Those going abroad for short-term courses or internships.

Critical Benefits of Single-Trip Travel Insurance

Comprehensive Coverage Single-trip travel insurance offers extensive international travel insurance coverage, including medical expenses, trip cancellations, and baggage loss. This protects you against a wide range of potential issues during your trip.

Cost-Effectiveness Compared to multi-trip insurance, single-trip insurance is more affordable for those who travel infrequently. You only pay for the international travel insurance coverage you need for a specific trip, making it a cost-effective option.

Peace of Mind Knowing that you are covered for various risks allows you to enjoy your trip without worrying about potential mishaps.

Customizable Options Single travel insurance policies can be tailored to meet your needs. You can choose the level of coverage and add-ons that suit your travel plans.

Assistance Services Many single-trip insurance policies offer 24/7 assistance, including emergency medical assistance, travel advice, and help with lost documents.

Coverage Provided by Single Trip Travel Insurance

Medical Expenses Coverage for medical emergencies, including hospitalisation, surgery, and evacuation.

Trip Cancellations/Interruptions Reimbursement for non-refundable expenses if your trip is cancelled or interrupted due to covered reasons.

Baggage Loss/Delay Compensation for lost, stolen, or delayed baggage ensures you are provided with essentials.

Personal Liability Coverage for legal expenses if you are held liable for causing injury or damage to property during your trip.

Additional Coverages Additional coverages may include trip delay missed connections, and accidental death and dismemberment.

Exclusions and Limitations

While single travel insurance offers extensive coverage, knowing its exclusions and limitations is essential. Standard exclusions include pre-existing medical conditions, participation in high-risk activities, and losses due to negligence. Always read the policy details carefully to understand what is and isn’t covered.

How to Choose the Right Single-Trip Travel Insurance

When selecting a single-trip travel insurance policy, consider the following factors:

• Coverage needs: Assess the risks associated with your trip and choose a policy that offers adequate coverage.
• Policy limits: Check the maximum coverage limits for different benefits.
• Exclusions: Be aware of any exclusions that may affect your coverage.
• Cost: Compare travel insurance coverage and premiums to find a policy that fits your budget.
• Provider reputation: Choose a reputable insurance provider with good customer reviews and reliable claims processing.

Steps to Purchase Single-Trip Travel Insurance

1. Research: Compare different policies and providers to find the best option.
2. Get a Quote: Use online tools to get quotes based on your travel details.
3. Review Policy: Carefully read the policy terms and conditions.
4. Purchase: Buy the policy online or through an agent.
5. Confirmation: Receive your policy documents and keep them handy during your trip.

FAQs

Does single-trip insurance cover trip cancellation?

Yes, single travel insurance typically covers trip cancellations, but it’s important to understand the specifics. Coverage for trip cancellation usually applies if you need to cancel your trip due to unforeseen circumstances beyond your control. These can include:

• Illness or Injury: If you or a travelling companion falls ill or gets injured before the trip, a doctor advises against travel.
• Death: If there is a death in your immediate family or of a travelling companion.
• Severe Weather: If severe weather conditions make it impossible to travel or cause significant delays.
• Jury Duty or Court Summons: If you are called for jury duty or required to appear in court.
• Job Loss: If you lose your job through no fault and need to cancel your trip.

It’s crucial to read the policy details to understand what specific reasons are covered and any documentation you may need to provide to make a claim.

Can I buy single-trip travel insurance after my trip starts?

No, single-trip travel insurance must be purchased before the start of your trip. The primary reason for this is that insurance is designed to cover unforeseen events. Once your trip has started, any occurring events are no longer unexpected. Here are some key points to consider:

• Purchase Timing: It’s best to buy your single-trip travel insurance as soon as you book your trip. This ensures you are covered for cancellations or changes before your departure.
• Coverage Period: The coverage period for single-trip travel insurance begins on the start date of your trip and ends on the return date. Purchasing the insurance after the trip has started would not provide coverage for events that have already occurred.

Does single-trip travel insurance cover baggage loss?

Yes, most single travel insurance policies cover baggage loss, theft, or delay. This coverage is designed to compensate you for losing your belongings and ensure you can continue your trip with minimal disruption. Here are the details:

• Baggage Loss: If your baggage is lost by the airline or other transportation provider, the insurance will reimburse you for the value of the lost items up to the policy limit.
• Baggage Theft: If your baggage is stolen, you will be compensated for the stolen items. It’s essential to report the theft to the local authorities and obtain a police report, as this will be required for your claim.
• Baggage Delay: If your baggage is delayed for a certain period (usually 12-24 hours), the insurance will cover the cost of essential items you need to purchase, such as clothing and toiletries, until your baggage is returned to you.

Always check your policy's specific terms and conditions to understand the coverage limits and any exclusions that may apply.

Conclusion

Single-trip travel insurance is an essential tool for ensuring a safe and worry-free journey. With comprehensive coverage, cost-effectiveness, and customizable options, it caters to the needs of occasional travellers. SBI General makes it easier to secure your trip with reliable and affordable single-trip insurance policies. By understanding the benefits and coverage options, you can make an informed decision and confidently travel. Whether it’s a business trip or a vacation, having the right travel insurance can make all the difference.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.

Imagine flying through the clouds, awaiting your dream vacation. But even amid the jetstream joy, a tiny voice asks, 'What if'? Travellers, calm down! Flight accident coverage in travel insurance serves as a safety net, providing both financial security and peace of mind. It's not simply about plane crashes (though it covers those too!). It is about managing unexpected injuries and medical emergencies and making sure your loved ones are taken care of even if your journey takes an unexpected turn. Consider it an invisible parachute, providing a soft financial landing regardless of the turbulence. So, travellers, buckle on, and let's look at the meaning of flight accident coverage and the significance of this must-have travel buddy!

What Is Flight Accident Coverage in Travel Insurance?

Flight accident coverage in travel insurance is an additional benefit within travel insurance specifically designed to provide coverage for accidents occurring during flights. In the unfortunate event of a flight-related accident, individuals can find solace in financial protection, which serves as a type of accidental death and dismemberment insurance. It is like a protective shield for air travellers, providing crucial financial assistance and support in the unfortunate event of mishaps during flights.

In the event of a tragic accident, the insurance policy ensures a lump-sum benefit amount to the insured or their beneficiary. It is especially important for frequent air travellers to provide financial assistance in the event of injuries or fatalities during air travel.

The benefits of flight accident insurance include financial protection for injuries occurring during flights. In cases of dismemberment, a proportionate amount is disbursed to the insured. Furthermore, coverage extends to other accidents, such as permanent paralysis or loss of sight, with specific amounts varying based on the chosen package and may differ across insurers. The policy explicitly specifies which injuries are covered.

However, flight accident insurance does not cover sickness-related death, death caused by either physical or mental illness, death during surgery, or death due to drug overdose. It is critical to be aware of these limitations in order to fully comprehend the coverage offered by this insurance.

Remember that while a plane crash is statistically unlikely, the consequences can be terrible. Flight accident insurance is a simple investment that provides enormous peace of mind, transforming that frightened flutter into a confident soar.

Importance of Flight Accident Coverage in Travel Insurance

Flight accident coverage emerges as a critical component in the arena of travel insurance, offering an additional layer of protection that extends beyond the standard scope of coverage. Its significance lies in providing a robust safety net for air travellers and comprehensively addressing the potential risks associated with air travel. Here’s why flight accident cover in travel insurance is important:

1. Financial Assurance Amidst Unforeseen Incidents

   Its foremost importance lies in its ability to provide financial support in the aftermath of unexpected events. This coverage ensures that individuals or their families aren't burdened with costly bills during an already stressful period, whether it's a medical emergency or compensation for injuries sustained in an accident.

2. More Protection

   While airlines provide certain compensation for accidents, their coverage may have limitations. Flight crash insurance provides additional financial protection, covering expenses in addition to airline compensation. This can include coverage for rehabilitation, medical treatments, or wage loss due to disability.

3. Comprehensive Medical Coverage

   Beyond financial support, the flight accident coverage provides comprehensive medical coverage. It ensures that medical bills are covered in the unfortunate case of an accident, relieving the financial burden that could accompany unexpected health crises during air travel.

4. Compensation for Injuries and Accidents

   This coverage includes provisions for compensation if an injury or accident occurs during the flight. Individuals may rest at ease that they have a protective layer providing financial support to help them recover without added financial burden, whether it's a little injury or a more serious incident.

5. Peace of Mind for Travellers

   It is easy to overlook flight accident insurance as an unnecessary expense. But understanding the importance of flight accident coverage provides travellers with peace of mind. Knowing that there is a specialised protection plan in place for potential accidents during flights encourages people to travel with confidence, focusing on enjoyment instead of the financial ramifications of unforeseen incidents.

Benefits of Flight Accident Coverage

Flight accident coverage in travel insurance provides more than merely financial compensation; it acts as a guardian angel for travellers, providing comprehensive safety in the sky. Let's look at the key benefits of this specialised coverage:

• Financial Protection

  In the case of an accident while flying, the policy pays a lump sum benefit to cover emergency expenses such as medical treatment, funeral costs, or living expenses until the airline compensates.

• Comprehensive Coverage

  In addition to financial compensation, aircraft accident insurance includes medical benefits for injuries endured during the flight, ensuring that passengers receive necessary medical attention without paying expensive costs.

• Peace of Mind

  Understanding the complexities and benefits of aeroplane accident coverage provides travellers with a profound sense of security, allowing them to begin their journeys with confidence, knowing that unforeseen accidents will not financially burden them.

• Tailored Protection

  Flight accident coverage, unlike general insurance plans, is particularly customised for the unique risks associated with air travel, ensuring that travellers are fully protected in aviation-specific situations.

• Enhanced Travel Planning

  Incorporating flight accident coverage into travel plans adds an extra layer of security, transforming travel insurance from a mere formality to a strategic tool for comprehensive protection, allowing people to fly with a greater sense of security and preparedness.

Factors Affecting Flight Accident Coverage

Flight Accident Travel insurance is specialised protection, but multiple factors influence its terms and conditions. Understanding these elements is critical for air travellers wanting comprehensive protection.

• Coverage Exclusions and Limits

  Flight Accident Coverage has certain limits on the amount payable in the case of an accident. Furthermore, certain exclusions, such as pre-existing medical issues, may apply. Travellers must be mindful of these limitations.

• Flight Type

  The nature of the flight, whether commercial or private, can influence coverage terms. Policy provisions can change depending on the type of aviation involved, emphasising the importance of policy details and clarity.

• Premium Costs

  The premium for flight accident coverage is determined by parameters such as the insured's age, health, and coverage quantity. Understanding these cost-related factors allows travellers to make more informed decisions.

• Travel Insurance Policy Type

  The type of travel insurance policy, including whether it is a standalone policy or an add-on feature, can influence the coverage provided for aircraft accidents.

• Travel Duration and Purpose

  The duration and purpose of travel can have an impact on coverage. Policies may differ for short-term trips, long-haul flights, or specialised journeys. Travellers should choose coverage that is compatible with their travel plans.

Secure Your Flight Travel with Travel Insurance

Now that you understand the benefits of flight accident coverage in travel insurance, securing your protection is just a click away. Book your travel insurance online from the comfort of your own home and enjoy the ease of seamless transactions. The online platform not only simplifies the booking procedure but also expedites the travel insurance claims, ensuring a hassle-free experience. In addition, while planning your coverage, use the travel insurance calculator to get a customised estimate that meets your requirements. Embrace the digital era by making your entire trip, from booking to making claims, a simple and quick process that meets the needs of modern travellers. Safe travels!

FAQs

What exactly is flight accident coverage?
Flight accident coverage in travel insurance protects you financially in the event of an injury or death related to a covered flight accident. This includes plane crashes as well as problems when boarding, disembarking, and even within the airport.

Does my standard travel insurance cover flight accidents?
No, not always. While some basic plans may contain some accident coverage, flying accident coverage provides more comprehensive protection with greater payout limits. It's always a good idea to double-check the specifics of your policy.

How much does flight accident coverage cost?
The cost depends on multiple factors, including your destination, length of stay, age, and coverage level. In general, it is a small investment in comparison to the potential financial security it provides. Use online travel insurance calculators to compare options and find the best fit for your budget.

Is it worth purchasing flight accident insurance if I'm flying on a safe airline?
Accidents, though statistically rare, can happen on any airline. It's not about risking fate, but about having an extra layer of financial safety in case anything unexpected happens. When it comes to your health and well-being, peace of mind can be priceless.

Can I add flight accident coverage to my existing travel insurance?
It depends on your provider and policy. Before taking a trip, contact your insurance company to inquire about adding this coverage.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.

Planning a dream vacation? Remember to get insurance! Before envisioning images of palm trees and pina coladas, let's discuss deductibles: your travel BFF or potential nightmare? What's the deal? Deductibles are hurdles before insurance kicks in, a sort of co-pay for unforeseen events (like airline cancellations) or emergencies. Deductibles impact your out-of-pocket costs before insurance coverage activates, whether they are related to medical costs or lost baggage. The twist? There are different deductibles: voluntary and compulsory. It's a financial version of 'choose your own adventure'. Knowing these kinds ensures the most beneficial travel insurance policy. Deductibles shouldn't ruin your ideal vacation! Take out your imaginary passport and let's explore deductible in travel insurance for a safe and enjoyable journey!

What Is Deductible in Travel Insurance?

When it comes to travel insurance, a deductible is the initial amount of money that the policyholder has to pay out of pocket before the insurance activates. Consider it the starting point of a journey that represents your financial journey. To clarify, let's see an example:

Imagine yourself enjoying a dream trip when unforeseen circumstances lead to a medical emergency in a foreign country. If your travel insurance policy has a Rs. 25,000 deductible, you will need to cover this amount out of your pocket before the insurance takes over. So, if your total medical expenses are Rs. 1,00,000 and you have a Rs. 25,000 deductible, the insurance would reimburse you for Rs. 75,000.

Deductibles serve as a form of risk-sharing where the policyholder takes on a portion of the financial responsibility. In order to align your expectations and financial planning with your travel insurance coverage, you must understand the terms of your deductible, regardless of whether it is zero deductible. Remember that knowing your deductibles ensures a more seamless financial experience when life's unforeseen turns turn out unpleasant.

Types Of Deductibles in Travel Insurance

Deductibles in travel insurance come in various types, each with its own implications for policyholders. Here are the two primary types:

• Compulsory Deductibles

These deductibles are obligatory, and policyholders must pay a set deductible before the insurance company steps in. For example, travel insurance may impose a mandatory deductible of Rs. 3000 for baggage and personal document loss, or 5% of the claim amount for personal liability.

• Voluntary Deductibles

On the other hand, voluntary deductibles are optional and depend on personal decisions influenced by various factors. Opting for a higher voluntary deductible allows policyholders to reduce the premium on their insurance policy.

How Do Travel Insurance Deductibles Work?

Deductibles for travel insurance are an important aspect of the claims procedure that affects the amount of money policyholders must pay out of pocket prior to the start of their insurance coverage. Making informed choices requires an understanding of how travel insurance deductibles work.

1. Significance of the Deductible

When you choose a travel insurance deductible, you're essentially deciding how much financial responsibility you're willing to bear in the event of a claim. Deductibles are the first sum you have to pay out of pocket before the insurance company helps with the remaining expenses. It establishes the co-payment arrangement between the insured individual and the insurance provider.

2. Choosing Deductibles

When choosing a travel insurance deductible, travellers essentially choose how much of their financial obligation they will bear in the event of a claim. Insurance plans typically offer a range of deductible options, allowing policyholders to choose from various pre-set amounts. A zero deductible denotes complete coverage from the beginning, whereas higher deductibles require policyholders to pay a predefined amount prior to the start of insurance coverage.

For example, let's say you have a Rs. 10, 000 deductible and Rs. 1,00,000 in eligible expenses. If there is no deductible, the insurance company pays the full Rs. 1,00,000. With a Rs. 10,000 deductible, on the other hand, the insurance company pays the remaining Rs. 90,000 after you pay Rs. 10, 000 out of pocket.

3. Premium Impact

Choosing a higher deductible often results in lower premium payments. A zero-deductible provides peace of mind, and opting for higher deductibles can reduce overall policy costs. Travellers who are willing to forgo lower ongoing premiums in exchange for a higher initial expense will find this trade-off appealing.

4. Upsides and Downsides

One benefit of having a zero-deductible deductible is full coverage with no out-of-pocket expenses. However, it comes with higher premium payments. Higher deductibles, on the other hand, result in lower premiums, making it appropriate for budget-conscious travellers. The downside is the increased financial responsibility in the event of a claim.

5. Factors Affecting Deductible Choice

A number of factors, such as the traveller’s expected chance of filing a claim, budget constraints, and risk tolerance, can affect the decision to choose a deductible. A zero deductible may be preferred by those who value financial stability, while higher deductibles may be selected by those who want to reduce their premium costs.

Safe Travels with Travel Insurance

When purchasing travel insurance, it's essential to navigate the process effectively. Start by exploring how to buy travel insurance and understanding the coverage needed for your trip. To get an idea of the price depending on the length and location of your trip, use a travel insurance calculator. Check the travel insurance policy in detail to make sure it offers comprehensive protection and complies with your needs. By following these steps and leveraging online tools, you can make informed decisions to secure the right travel insurance policy for a worry-free journey.

FAQs

What does the deductible mean in travel insurance?
Deductible meaning in travel insurance is the set amount that a policyholder must pay out of pocket prior to the insurance coverage starting to pay for eligible costs. It denotes the policyholder's initial out-of-pocket expense; the insurance company will only pay claims that exceed this deductible.

How can I choose the right deductible?
Take into account your group size, budget, duration of the trip, and risk tolerance. Choose a balance that meets your needs, since higher deductibles typically result in lower premiums.

What expenses are covered after I pay the deductible?
Depending on your specific policy, this could cover medical costs, lost luggage compensation, trip cancellation fees, and other things. For specifics, carefully read your policy.

Will choosing a higher deductible affect my claim approval?
No, the deductible amount shouldn't affect the approval of your claim as long as it is legitimate and complies with the terms and conditions of the policy.

Where can I find out more about the deductible on my specific policy?
The deductible amount, type, and any applicable limitations will all be explicitly stated in the travel insurance policy document. If you have any questions, thoroughly read it and get in touch with your insurance company.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.

Your passport is an essential identity proof document. A valid passport allows you to enter other countries for work and leisure. However, some passport holders require additional checks to enter certain countries. This check is known as ECR clearance. Let us understand what ECR is in a passport and find out what countries require an ECR check.

What is Emigration Check Required (ECR)?

Indian passport falls under two categories – ECR and Non-ECR. Applicants who have not completed their matriculation typically need to undergo an emigration clearance. Such applicants' passports are categorized as ECR.

Applicants holding an ECR passport must essentially undergo a verification process if they intend to take up employment opportunities overseas. Their passports typically bear the 'EMIGRATION CHECK REQUIRED' stamp on the address page.

Why is ECR important?

Vulnerable sections of our society, i.e., less educated workers, minors, etc., may be taken overseas under the pretence of a better life. However, sometimes, employers may exploit them and make them work extensively for minimum wages. In some cases, employers may seize their passports and prevent them from returning to their home country. The objective of stamping ECR is to ensure employers in certain countries do not take advantage of workers with lower qualifications. Per the Emigration Act, 1983, if you have an ECR stamp on your passport, you need clearance from the Protector of Emigrants (POE) office to travel abroad for work.

Countries That Require ECR

Per the Ministry of External Affairs, the following 18 countries require ECR passport holders and nurses travelling for work to undergo ECR checks.

Afghanistan	Oman
Bahrain	Qatar
Indonesia	Kingdom of Saudi Arabia
Iraq	Sudan
Jordan	South Sudan
Kuwait	Syria
Lebanon	Thailand
Libya	United Arab Emirates
Malaysia	Yemen

The Ministry of Overseas Indian Affairs permits ECR passport holders to travel internationally for leisure purposes. Such passport holders must present a valid passport, visa and return ticket to enter a foreign land.

How ECR Passports Are Issued?

Having explained the emigration check required meaning, let us understand how such passports are issued.

When applying for a passport, you must fill out a form and submit certain documents, including your matriculation mark sheet. You need to check yes or no to the question 'are you eligible for the Non-ECR category?' in the application form. If you have your 10th-grade mark sheet or passing certificate, you must select 'Yes'; if you don't, you must select 'No'. If you select 'No', the passport issuing authority stamps' EMIGRATION CHECK REQUIRED' on the passport. The issuing authority may also stamp your passport for ECR if you have passed class 10th but have not submitted the mark sheet. Minors who are yet to complete their matriculation are automatically issued an ECR passport.

The Role of Travel Insurance

Whether you're travelling abroad for work or leisure, whether you need ECR or not, you need travel insurance. Travel insurance covers several unforeseen expenses that may arise on your overseas trip. It protects you against thefts, baggage, documents and passport losses, emergency hospitalization, etc. When faced with sudden emergencies abroad, travel insurance gives a sense of relief and reduces your financial burdens.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.

If you are a seasoned traveller, chances are that you may have come across the term travel insurance even though you may have never actually bought it. Travel aggregator websites may have also advised you to purchase medical insurance. But you might be thinking whether purchasing travel insurance is the same as medical insurance. While a travel insurance plan is mandatory for visiting certain countries, it is not the same as getting medical insurance. So, here’s everything you need to know about the difference between travel insurance and medical insurance.

Travel insurance vs medical insurance - Which one do you need and when?

The goal of travel insurance is to provide coverage for a shorter period of time while you are traveling. While it is optional for domestic travel, it is mandatory when traveling to a certain foreign destination, whether for a holiday or a business trip.

The coverage provided can be for:

● Misplaced luggage ● Any accidents that happen while you are travelling ● If you lose your personal belongings ● Last-minute air/hotel cancellations

Travel insurance also provides short-term and major medical coverage. Short-term coverage is useful for travellers who are traveling for five days to one year. On the other hand, major medical coverage is beneficial for travellers who are planning to take longer trips from six months to one year or even more.

However, the coverage is only provided for emergency medical treatment that happens while you are travelling. For instance, if you fall in your hotel and break your hip bone, you can raise a claim for medical expenses under your travel insurance policy. But if you decide to get a tooth extraction done while traveling even though nothing during the travel causes trouble to your tooth, you will not be eligible to raise a claim for such expenses.

Moreover, travel insurance also provides you cover within a specific area. The idea behind travel insurance providing medical coverage is that the insured individual has the means to get better and return to their home country. That’s why long-term illnesses and chronic illnesses are excluded from the scope of such cover.

Medical insurance: Medical Insurance is designed to provide coverage solely for medical expenses incurred while you are traveling. Such an insurance policy is specially designed for travellers and is different from regular health insurance that you can get even when you are not travelling. However, such an insurance policy is designed for those travellers who have relocated to another country for a considerable period of time. Therefore, students, working professionals, or expatriates who hold a valid visa in a foreign country can all benefit from such medical insurance policies.

Here is what medical insurance does

In case you face any medical emergency while travelling, your travel insurance only covers the medical expenses incurred for emergency care. But with medical insurance, you can even get coverage for long-term treatment in a foreign location, as long as the policy covers it. This is one of the key differences between travel insurance and medical insurance.

Most travel insurance plans do not provide any coverage for any pre-existing medical conditions you may be suffering from. You can consider getting a rider or buying an add-on policy to obtain the necessary coverage. In contrast, medical insurance can cover existing medical conditions too.

Similar to travel insurance, international medical insurance is also valid for a particular location. For instance, if you are currently living in Spain and are covered under a medical insurance plan for Spain, you are only covered for medical expenses for any issues that you face in Spain. If you happen to travel to London and fall ill, you will not be able to raise any claims under medical insurance. You will need to apply for travel insurance before you travel.

Now that you know how travel insurance vs medical insurance varies, which one should you get? Travel insurance is what you need if you have travel plans for a foreign destination for a short period of time. However, if you plan to stay in a foreign destination for an extended period of time when you are studying or working, then having medical insurance makes more sense.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.