A friend in US had to pay $2,000 (₹1.6 Lakhs) for Ambulance 🤯
Don't even ask me how much for the treatment😔
He could've avoided this if he had Travel Insurance 🤩
Here's all you need to know about TRAVEL INSURANCE👇
Don't even ask me how much for the treatment😔
He could've avoided this if he had Travel Insurance 🤩
Here's all you need to know about TRAVEL INSURANCE👇
1/ What is Travel Insurance?
If you are travelling abroad and you-
-> Lose your passport
-> Misplace your luggage
-> Luggage gets stolen
-> Fall sick or meet an accident
or if your flight gets delayed,
Financial loss for the same will be covered by Travel Ins. to an extent
If you are travelling abroad and you-
-> Lose your passport
-> Misplace your luggage
-> Luggage gets stolen
-> Fall sick or meet an accident
or if your flight gets delayed,
Financial loss for the same will be covered by Travel Ins. to an extent
2/ How much cover?
There's a famous saying in the US,
"You have to sell yourself to get treated."
Doctors and Hospitals send bill separately.
If you have to get a surgery, don't budget anything less than $25,000 (INR 20L)
So on a safer side, have a cover of $25-30k at least
There's a famous saying in the US,
"You have to sell yourself to get treated."
Doctors and Hospitals send bill separately.
If you have to get a surgery, don't budget anything less than $25,000 (INR 20L)
So on a safer side, have a cover of $25-30k at least
3/ What all is covered?
Apart from 1/ above
--> Compassionate visit of a family member when you fall ill
--> Accidental Death and Dead Body Repatriation - God forbid
--> In certain cases, non-refundable advance paid for hotels, flights etc. if you get diagnosed with Covid-19
Apart from 1/ above
--> Compassionate visit of a family member when you fall ill
--> Accidental Death and Dead Body Repatriation - God forbid
--> In certain cases, non-refundable advance paid for hotels, flights etc. if you get diagnosed with Covid-19
4/ Key Points to Consider
Don't go by the quotes generated online/by agent
There are certain hidden clauses
I was getting it done for a client
I saw that cheaper quote policy's cover was $50k
But a clause was silently captured that they wont pay >$5,000 if the insured is 80+
Don't go by the quotes generated online/by agent
There are certain hidden clauses
I was getting it done for a client
I saw that cheaper quote policy's cover was $50k
But a clause was silently captured that they wont pay >$5,000 if the insured is 80+
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Many people are suggesting that Insurers don't pass claims citing some or the other loophole in their policy document.
These cases need to be reported to the IRDAI.
Either honour what you commit, or quit selling this product
These cases need to be reported to the IRDAI.
Either honour what you commit, or quit selling this product
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