Tag: compare international travel insurance

Travel insurance: Curbing the risks as you globe-trot; here’s all you need to know

While this may look like any other family vacation discussion, it highlights a transformational shift in the mindset of the Indian traveller. From the conventional beaches and mountains, vacations for the quintessential Indian have evolved to a more ‘experiential’ kind of travel. Sunita above is not alone. According to an October 2023 report by online ticketing portal SkyScanner, 94% Indians are likely to participate in a trend called ‘set-jetting’ or travel that is inspired by an influencer, a movie or TV show (think Corsica, post the phenomenal success of Ranbir-Deepika starrer Tamasha that introduced Indians to this quaint island around… READ MORE

Business News, Strategy, Finance and Corporate Insight

Half a decade back, travel insurance was taken mainly against loss of baggage or to compensate for trip cancellation expenses. But with marketplaces and travel aggregators providing comprehensive and competitive offers, insurance packages can now be compared, chosen and bought online. The flexibility and accessibility is expected to bring more takers and a rapid market expansion and growth. “As per the General Insurance Council report, last year, it was a 950-crore industry for overseas travel insurance and this year, three years after the pandemic, the expected growth is between 15-20 pc,” says Manas Kapoor, Business Head – Travel Insurance, Policybazaar.com,… READ MORE

Navigating travel insurance for parents visiting the USA from India

Travel insurance for parents visiting the USA from India is extremely critical. Unlike India, healthcare in the USA is extremely expensive. Amidst the excitement of planning such a trip, it’s essential not to overlook the importance of travel insurance. Visiting parents’ medical expenses are not covered by your domestic health insurance in the USA. In this article, we’ll explore the intricacies of travel insurance for parents visiting the USA and how to ensure they’re adequately covered for their journey. Understanding the concerns: Travel health insurance for parents visiting the USA Spotlight Wire Health insurance for parents embarking on a trip… READ MORE