Buy Travel Insurance Online

Know about the benefits of CPP Domestic Holiday Cover and secure yourself financially with travel insurance plans.
Buy Travel Insurance Online
3 mins
20-July-2023

Travelling is an exciting and enriching experience that allows us to explore new destinations and create lasting memories. However, unforeseen circumstances can disrupt even the best-planned trips. This is where insurance comes into play.

Travel insurance is a type of insurance designed to protect travellers from potential financial losses or medical emergencies that may occur during their trip. It provides coverage for various unforeseen events such as trip cancellations, delays. Also, medical expenses, emergency medical evacuations, lost baggage, and more. Travel insurance offers peace of mind by mitigating potential risks and providing financial protection when travelling domestically.

What is travel insurance?

Travel insurance is a contract between the insured traveller and the insurance provider. It offers financial protection and assistance in the event of unforeseen circumstances during a trip. By purchasing travel insurance, travellers can safeguard their investment and protect themselves against potential losses, medical emergencies, or other travel-related issues.

Types of travel insurance plans

In India, there is a wide range of travel insurance plans to choose from, tailored to diverse needs and preferences. Here's an overview of the types of travel insurance plans available in India:

  • Single trip insurance: Ideal for one-off vacations, it covers a single journey and offers comprehensive protection against unforeseen events.
  • Multi-trip insurance: Suited for frequent travelers, it provides coverage for multiple trips within a specified period.
  • Solo trip cover: It provides coverage for a single person. Know more about Solo Traveller Cover offered through Bajaj Finance.
  • Family travel insurance: Designed for families, it covers all family members, making it a cost-effective choice.
  • Senior citizen travel insurance: Tailored for older travelers, it addresses specific health concerns and travel needs of seniors.
  • Adventure travel insurance: For thrill-seekers, it covers adventurous activities such as trekking, skiing, and water sports. Bajaj Finance offers one such Adventure Cover for all your needs.
  • Business travel insurance: Catering to corporate travelers, it provides coverage for work-related trips.
  • Domestic travel insurance: Focused on travel within India, it safeguards against trip cancellations, medical emergencies, and other local travel risks.
  • International travel insurance: Focused on travelling outside India. It safeguards against trip cancellations, medical emergencies and other travel risks.

Features of a travel insurance policy

Category

Specifications

Trip cancellations or interruptions

Covers unexpected disruptions due to unforeseen circumstances. These may include accidents, natural disasters, or family emergencies.

Medical emergencies

Travelling to unfamiliar destinations may expose individuals to new environments, climates, and health risks. Travel insurance covers medical expenses incurred due to illness or injuries during the trip. These include hospital stays, emergency medical treatments, and medical evacuations.

Lost or delayed baggage

Travel insurance covers lost, stolen, or damaged baggage. It provides reimbursement for essential items and assistance in locating or replacing lost belongings. You can also get baggage insurance for safety of your baggage.

Travel delays

Flight delays or cancellations can significantly disrupt travel plans and lead to additional expenses. Travel insurance compensates for expenses incurred due to such delays, including accommodation, meals, and transportation.

Personal liability

Travel insurance provides coverage against accidental injury or damage caused to others during the trip. It covers personal liability, protecting travellers from potential legal and financial consequences.


What is covered under a travel insurance plan?

The coverage offered by travel insurance online policies may vary. Here are some common aspects that travel insurance typically covers:

Trip cancellations and interruptions:

Reimbursement for non-refundable expenses due to trip cancellations or interruptions.

Medical expenses covered in travel insurance:

Coverage for medical treatments, hospital stays, prescription medications, and emergency medical evacuations.

Baggage loss or delay:

Compensation for lost, stolen, or delayed baggage, including reimbursement for essential items and assistance in locating or replacing lost belongings.

Travel delays:

Reimbursement for additional expenses incurred due to flight delays, such as accommodation, meals, and transportation.

Emergency assistance with travel insurance online:

24x7 emergency assistance services, including travel and medical assistance, help with legal issues, and coordination of emergency medical evacuations.

Personal liability:

Coverage for personal liability in case of accidental injury or damage caused to others.

What is not covered under a travel insurance plan?

Travel insurance is an essential aspect of travel planning as it provides coverage against unforeseen circumstances. However, many people are not aware of the exclusions under a travel insurance plan. Here are a few pointers to keep in mind while purchasing travel insurance online:

  • Pre-existing medical conditionsMost travel insurance policies do not cover pre-existing medical conditions, and policyholders need to disclose them while purchasing the policy.
  • Loss of personal belongings: If you lose your belongings due to negligence or your fault, it will not be covered under the policy.
  • Alcohol or drug-related incidents: Any incidents resulting from alcohol or drug consumption will not be covered by the policy.
  • Non-approved destinations: If you travel to a destination that is not approved by the policy, any incidents will not be covered by the policy.
  • Acts of terrorism or war: Most policies do not cover incidents resulting from acts of terrorism or war.

What is single trip travel insurance?

A single trip travel insurance provides coverage for a single trip or holiday. It includes benefits such as medical expenses, luggage loss, trip cancellation, and personal liability. This type of travel insurance is ideal for people who travel occasionally or take only one trip per year. It is easy to purchase and provides a comprehensive cover for the entire duration of the trip.

Policyholders can customise the policy as per their requirements, and single trip travel insurance is available for both domestic and international travel. It provides peace of mind and security while travelling, ensuring that any unexpected and unplanned events are covered.

How much does travel insurance cost?

The cost of travel insurance varies depending on several factors: the traveller's age, trip duration, destination, coverage limits, and the type of policy chosen. On average, travel insurance typically costs around 4-10% of the total trip cost. However, the cost of insurance is a small price to pay compared to the potential financial losses that could occur during a trip.

How to choose travel insurance?

When choosing travel insurance, consider the following factors:

Coverage options:

Evaluate the coverage options and ensure they align with your specific needs. Consider the destination, trip duration, activities planned, and potential risks associated with your travel.

Medical coverage:

Check the extent of medical coverage offered, including emergency medical expenses, hospitalisation, and medical evacuation.

Trip cancellation coverage in travel insurance:

Assess the trip cancellation and interruption coverage, including reimbursement limits and the list of covered events.

Baggage and personal belongings coverage:

Review the coverage for lost, stolen, or damaged baggage, including the reimbursement limits and any exclusions.

Deductibles and policy exclusions:

Understand the deductibles, exclusions, and limitations of the policy. Read the fine print carefully to ensure you have a clear understanding of what is covered and what is not.

Reputation and customer reviews in travel insurance:

Research the reputation and customer reviews of the insurance provider. Look for reliable and reputable insurance companies that have a good track record of customer service and claim settlement.

Countries requiring travel insurance from India

Several countries require travel insurance from Indian visitors to ensure financial protection during their stay. Travel insurance is mandatory in Schengen countries, including popular destinations like Germany, France, and Italy. Countries in the Middle East, such as the UAE, also insist on travel insurance coverage.

Travellers are advised to check specific entry requirements for each country. A comprehensive travel insurance plan from India provides coverage for medical emergencies, trip cancellations, baggage loss, and other unforeseen events, offering peace of mind during international travel. It is essential to choose a travel insurance cover that meets the destination's specific requirements and provides adequate protection.

What is the CPP Domestic Holiday Cover?

The CPP Domestic Holiday Cover is a subscription plan offered through Bajaj Finance, in partnership with CPP Group India. Given below are the key features of this travel insurance plan:

  • It is available at a membership fee of Rs. 699, and is valid for one year.
  • It provides coverage for a trip duration of 10 days.
  • It comes with a single-call card blocking facility under which the insured can block their lost credit and debit cards with a single call.
  • The plan provides an emergency advance of up to Rs. 1 lakh to pay hotel
  • It comes with a complimentary protection cover of up to Rs. 3 lakh. This covers personal accidents, accidental hospitalisation, cancellation of trips, home burglary, and loss of baggage.
  • Get 24x7 roadside assistance in more than 500 locations across India.

Read more about international travel insurance.

How to buy travel insurance?

You can easily buy a travel insurance plan online. You can choose from the various options available online and buy the plan that best suits your needs.

If you are willing to buy the Domestic Holiday Cover offered through Bajaj Finance, you can follow the steps given below:

Step 1: Visit the Domestic Holiday Cover available on the Bajaj Finance Insurance Mall and click on ‘Buy Now’.

Step 2: Enter your full name and mobile number. Click on ‘Proceed’.

Step 3: Enter the One Time Password (OTP) received on your registered mobile number.

Step 4: If your mobile number is present in our records, pre-filled details will appear on the form. You need to review the details.

Step 5: In case you are a new customer, buying the plan, you will need to fill in the application form. The details required are name, address, email address, and phone number.

Step 6: After reviewing or filling out the details, the payment page will open. Complete the online payment via one of the following options: UPI, net banking, credit/debit cards, and wallet.

Step 7: After the payment is successful, you can download the plan receipt instantly.

How to determine travel insurance premiums online?

Every traveller should seek a policy providing maximum coverage with a minimal premium. To achieve this, obtaining travel insurance quotes is essential. You can use any travel insurance premium calculators available online to ascertain the payable premium for a specific plan.

These online tools estimate the cost of premiums based on various factors, including:

  • Age: Higher age correlates with a higher premium.
  • Destination: Traveling to high-risk countries increases potential adversities.
  • Trip duration: Longer trips result in higher travel insurance premiums.
  • Number of travellers: Individual policies have lower premiums compared to family coverage.
  • Add-on covers: Opting for additional coverage increases the overall premium amount.

4 reasons why you should buy travel insurance from Bajaj Finserv

Here are four reasons why you should buy travel insurance online from Bajaj Finserv:

  • 100% digital journey: The process to buy the Domestic Travel Cover offered through Bajaj Finserv is completely digital. It is a paperless journey and requires no documentation. You only need to provide some personal details and information about your travel and make the payment, and the policy will be yours.
  • Affordable premium: This plan is available at an annual membership fee of Rs. 699. It is affordable and provides comprehensive coverage.
  • Additional CPP benefits: The Domestic Holiday Cover offered through Bajaj Finserv is a CPP product. You can not just claim benefits of the travel plan, but also the additional benefits that CPP offers. This includes a single-call card-blocking facility and multi-lingual assistance.
  • Emergency travel assistance: The plan offers 24x7 roadside assistance across 750+ locations in India.

How to claim benefits of the Domestic Holiday Cover?

You can contact the service provider, in this case, CPP Group India via call or email, and claim benefits of the plan.

In conclusion, travel insurance is an essential aspect of trip planning, providing protection and peace of mind in case of unforeseen events. From trip cancellations to medical emergencies, travel insurance covers a wide range of risks and ensures financial security during your journey. By understanding the importance of travel insurance, knowing what it covers, and selecting the right policy for your needs, you can travel with confidence, knowing you are prepared for any unexpected situations that may arise. bills and return travel expenses.

Frequently asked questions

What is meant by travel insurance?

Travel insurance is a type of insurance that provides financial protection and assistance to travellers in case of unexpected events such as trip cancellations, medical emergencies, lost baggage, travel delays, and more.

Is it okay not to have travel insurance?

While travel insurance is not mandatory, it is highly recommended to have travel insurance for any trip. It provides financial protection and assistance in case of unforeseen circumstances, giving you peace of mind and safeguarding your investment.

Can we travel without insurance?

Technically, you can travel without insurance, but it is not advisable. Travelling without insurance puts you at risk of incurring significant financial losses in case of unforeseen events or medical emergencies during your trip.

Do Indians need travel insurance?

Yes, Indians travelling abroad or domestically should have travel insurance. It is especially important when travelling to countries with expensive healthcare systems. Travel insurance provides financial protection and medical assistance, ensuring a safe and secure journey.

Why do you need travel insurance?

Travel insurance provides essential coverage for unexpected events and emergencies that may occur when travelling. It can help protect you against costly medical expenses, trip cancellation or interruption, loss or damage to baggage, and many other travel-related risks.

Is travel insurance mandatory in India?

No, travel insurance is not mandatory in India, but it is highly recommended for any international or domestic trips. Many countries require proof of travel insurance as part of their entry requirements, so it is always a good idea to have it.

Can I buy travel insurance after leaving India?

Yes, you can still purchase travel insurance after leaving India, but it is always best to buy it before you leave. Many travel insurance policies have restrictions on coverage if you purchase it after you have left your home country. Additionally, if you have already left India, some travel insurance policies may not cover you for incidents related to any pre-existing medical conditions. It is important to carefully review the policy terms and conditions before purchasing travel insurance.

Show More Show Less

Disclaimer

Insurance is the subject matter of solicitation. *T&C Apply - Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third-party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, Niva Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also a distributor of other third-party products from Assistance Services providers such as CPP Assistance Services Pvt. Ltd., Bajaj Finserv Health Ltd. etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective Assistance service provider company.
Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.