Planning an international trip is always exciting— from booking flights to choosing outfits, every detail brings a sense of adventure. But in the middle of all the excitement, there is one essential many people overlook: international travel insurance.
In this blog, we will explore the benefits of international insurance policy, what it typically covers, how to choose the right plan and when and how to buy it. Whether you are a seasoned traveller or planning your first international holiday, this guide will help you travel smarter and safer.
Key benefits of international travel insurance
A good travel insurance policy can do more than just offer peace of mind. Here are some major benefits:
- Medical emergency cover: Includes hospitalisation, emergency treatments and even medical evacuation or repatriation.
- Trip cancellation or interruption: If your trip is cancelled due to illness or an emergency, you may be able to recover non-refundable costs.
- Loss of baggage or passport: Offers reimbursement and assistance if your luggage is delayed or your passport goes missing.
- Personal liability: Offers financial protection in case you cause unintentional harm or property loss to others while travelling.
- Digital assistance services: Many insurers today offer 24/7 app-based concierge support, including real-time hospital locators, virtual doctor consultations, claim tracking and emergency language translation help.
Having international travel insurance ensures you are not left stranded or out of pocket when unexpected situations arise and with smart digital features, you can get help wherever you are, instantly.
What is covered by an international travel insurance policy?
Travel insurance is a form of non-life insurance tailored to free customers of their travel worries by offering a financial safeguard against untoward incidents. Common concerns include medical emergencies, flight cancellations or delays, lost baggage and defaults on the travel agent/ supplier's end, etc.
Even extreme situations, such as accidental death or disablement, are covered under these policies. Different insurance companies offer policies that are tailor-made for the needs of the insured. Moreover, there is a separate and unique limit for the reimbursement depending on the kind of emergency.
A few of many risks covered under these policies are as follows:
1. Trip delay or cancellation
Technical issues, bad weather or ticketing issues – there are several factors that can result in your trip getting delayed or even cancelled. In case a trip is delayed for over a certain amount of time due to problems at the airline's end, natural disasters or personal problems covered under the policy, a specific amount per day can be reimbursed. Even if the aircraft is hijacked for over 12 hours, compensation is payable on a per-day basis for a fixed number of days.
2. Trip interruptions
In case your trip is interrupted mid-way, a travel insurance policy covers the costs incurred for the unexpected return home. The reason for such interruptions can be the ill health of the policyholder or that of a travelling companion.
3. Hospitalisation and claims
Hospitalisation cover is particularly useful in case of unexpected medical treatment abroad. With facilities for availing cashless hospitalisation, travellers can ensure that they are able to afford the high costs of treatments abroad. In fact, some institutes of higher education have made it mandatory for foreign students to avail medical insurance.
Travel insurance policies also offer compensation in case of death or permanent total disability caused due to an accident.
- Loss of baggage and passport
Losing your baggage or passport during an international trip can be a stressful experience. Travel insurance allows claims for expenses towards reissuance of a passport. Under this policy, all baggage, including hand baggage, may also be insured. In case the checked-in baggage is lost, the compensation depends on the value of contents in the baggage, while in the case of burglary or theft, a fixed compensation is provided, except in case of jewellery.
- Unexpected hotel accommodation
Sickness, flight delays or cancellation – when things go wrong, you might need to alter your plans and take unexpected decisions to put your itinerary back on track. This might include unexpected hotel accommodation. A travel insurance policy covers claims for expenses incurred towards such forced change of plans.
- Some value-added services
International travel insurance policies can offer assistance to your family back home while you are abroad. This add-on or optional feature in your insurance plan provides peace of mind to you as well as your dependent family members under any medical, automotive or logistical emergency situations.
Services like arranging for a medical concierge or a car mechanic can be easily availed. Some of the other services provided are electrical assistance, pest control assistance and plumbing assistance.
You may also opt for a comprehensive insurance plan that covers your house against the risk of fire or burglary during your trip abroad. Such plans provide compensation on bounced booking of flights and hotels, among other benefits.
- Hospitalisation abroad – how does it work?
Your travel insurance policy also includes worldwide cashless hospitalisation facility, where the insurance company settles the hospital bill of a traveller directly. In case prior approval is required to avail the services, one can simply contact the insurance company on the helpline number provided by them.
The insurance companies usually have a tie-up with international healthcare providers for facilitating medical privileges and cover a large number of hospitals. The limit for the medical sum insured is fixed by the insurance companies.
Special policies are also available for senior citizens (individuals between the age group of 71 and 85 years).
How to choose the right international travel insurance plan
Selecting a suitable travel insurance is as important as choosing the right hotel. Keep these tips in mind:
- Know your destination: Some countries (like those in the Schengen zone) have specific insurance requirements, including a minimum of €30,000 in medical coverage, emergency repatriation and full coverage for the duration of your stay.
- Duration of your trip: Extended trips often call for increased insurance coverage
- Purpose of travel: A holiday, study trip or business visit each has different insurance needs.
- Add-on covers: Adventure sports, maternity benefits and other such additional coverages may need to be added separately.
- Insurer reputation: Look for high claim settlement ratios, good customer reviews and 24/7 global assistance.
When should you buy an international travel insurance policy
The best time to buy travel insurance? As soon as you book your trip.
Here’s why:
- Early purchase ensures you are covered for cancellations or trip interruptions.
- Some benefits (like pre-departure illness or airline strike coverage) only apply if the policy is bought in advance.
- Waiting until the last minute may exclude pre-existing medical conditions or full cancellation coverage.
Do not treat it like an afterthought, consider it part of your booking checklist.
Steps to buy an international travel insurance plan online
Follow these simple steps to buy travel insurance through online platforms:
- Visit a trusted insurer’s website or comparison portal.
- Enter your travel details— destination, trip dates, number of travellers, age, etc.
- Compare plans, review features, exclusions, premiums and coverage limits.
- Select add-ons if needed: E.g., adventure sports or maternity cover.
- Share your details and mention any health conditions transparently
- Make a secure payment online.
- Download your policy instantly and keep both digital and printed copies handy.
Conclusion
Travelling abroad is an enriching experience, but it also comes with its share of risks. Anything from slight delays to serious issues can disrupt your journey. That is why international travel insurance should never be considered optional.
It offers a safety net against costly mishaps and brings peace of mind, letting you enjoy your travels without unnecessary stress. So, before you zip your suitcase or hit “confirm” on your hotel booking, take a moment to invest in insurance, it might just be the most important thing you pack.
FAQs
1. Is international travel insurance mandatory?
It depends on your destination. Many countries (e.g., Schengen states) make it compulsory. Though not always required, it is advisable for safeguarding your finances.
2. Can I buy international travel insurance after booking my ticket?
Yes, the sooner you buy it, the better. Early coverage gives you access to cancellation benefits and emergency cover.
3. Does travel insurance cover flight delays due to airline strikes or technical faults?
Yes, many comprehensive travel insurance policies now include cover for flight delays and cancellations caused by airline strikes, technical issues or air traffic disruptions. Compensation typically depends on the duration of the delay and the specific terms of your policy, so it is important to read the details carefully before purchasing.
4. Can I get insurance for a one-way trip?
Yes, many insurers now offer one-way or single-trip plans with customisable durations and benefits.
5. What is the ideal sum insured for international travel?
It depends on your destination and trip type. Generally, a minimum of £50,000-£100,000 is suggested for countries like the US, Canada or Japan.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.