Travel insurance plans for families are important because they cover your family during your holiday.
Going on a vacation with your family requires foolproof planning. A family vacation can turn out to be amazing memories if you have already bought a travel insurance plan with a reliable insurance company. If you haven’t, chances are you may end up creating memories you will want to forget.
Not everyone who doesn’t buy a good travel insurance suffers, but why do you want to tempt fate?
If you are traveling outside your country or within the country, we would advise you get your family trip covered with travel insurance to avoid the consequences of a mishap.
Since we all love traveling we cannot ignore the risk that is involved.
A family travel insurance plan gives insurance to children below the age of 21 and senior citizens as well. Such insurance plans cover all the traveling family members and are cheaper than buying single plans for every individual.
Types of travel insurance plans for families
Basic Travel Insurance Plan
A basic travel insurance plan will provide you with the coverage you just cannot ignore – like your health and safety. In basic travel insurance plan the insurer is liable to cover all the medical expenses of the insured family members.
While taking this plan you must tell your insurer if there is any pre-existing medical condition for the members who are being insured.
BENEFITS: This plan will cover medical emergencies occurring during your vacation. The insurance company is liable to bear the expenses of your medical emergencies in case your children fall sick or there is an accidental death as well.
Recommended Reading: How to buy cheap and best travel insurance
Domestic Travel Insurance Plan
This type of travel insurance plan is best suited for the family holidaying in their country. This plan covers all the risks that may occur within the geographical border of the country.
BENEFITS: This travel insurance plan provides optimum cover for the medical emergencies on a domestic tour. Other benefits are also included in this plan. For instance, if you miss your flight or train, the company will be paying the lump sum amount. Extra accommodation charges due to delay in trip, loss, and theft of baggage and tickets are also covered under this plan. The plan is apt for a family traveling going by road, rail or air, within the country.
Comprehensive International Travel Insurance
If you are planning to take your family on a foreign tour, you must look for this insurance plan as it covers necessary claims for the unforeseen risks that are likely to occur in a foreign country.
BENEFITS: There are common mishaps like loss or theft of baggage, trip cancellation, medical emergencies, loss of passport and other valuable documents, hotel cancellations, delay in flights and extra charges paid henceforth.
Any of these unforeseen events can occur on your holiday.
Optimum risks are covered in this plan like an accidental death in a foreign country, permanent disability on an adventure trip or any such medical expenses are duly borne by the travel insurance company.
Multi Trip Insurance Plan
There are times when you plan to take your family on a vacation more than once a year. In such a case here is an amazing way to save money on insurance policies.
Rather than buying new insurance plan before every vacation, you must purchase a multiple trip travel insurance plans.
Whether it is a skiing vacation in winter or a sun and sand vacation in summers, you can spare yourself from spending too much on different plans for every vacation.
BENEFITS: People are going on frequent vacations within a year are most likely to buy this insurance plan.
There are different insurance plans that come up with many benefits that include emergency medical expenses cover for multiple trips up to a specific time.
Which travel insurance do you plan to buy for your family?
1. Travel insurance plans for travelers aged 65
2. Group travel insurance plans
3. Find out what your travel insurance won’t cover
4. Insurance plans for adventure sports travel
5. Insurance plans for Indians travelling to USA