Travel insurance is a specialized form of insurance designed to protect travelers against various risks they may encounter while away from home. It provides coverage for expenses incurred due to medical emergencies, loss of luggage, flight cancellations, and other unforeseen mishaps. Typically purchased from the day of departure until the traveler's return, travel insurance ensures comprehensive protection in case of emergencies abroad. While some providers, such as Bharat Bhraman & E Travel, offer options for domestic travel, it is most commonly chosen for international trips. Key risks covered under travel insurance include:
There may be more risks covered under individual policies depending on the requirements of the traveller. The amounts to which these risks are covered depends on the policy & plan that the traveller opts for. Travel Insurance also covers additional risks at an additional premium. Some of these risks are specific to the traveller or the place the person is travelling to.