Reliance Travel health insurance what does the policy cover

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Saurabh Guptahttp://karekaise.in
नई तकनीक का आविष्कार, गैजेट्स, उपभोक्ता प्रौद्योगिकी और सॉफ्टवेयर के लिए आपका स्रोत. कंप्यूटर, स्मार्टफोन, इलेक्ट्रॉनिक गैजेट्स और इंटरनेट सामग्री पर नवीनतम रुझानों के लिए हमारी वेबसाइट देखें!

In this article you will get information about the reliance Travel health insurance and I will describe the Travel insurance in detail.

What is Travel insurance


Reliance Travel health insurance

Travel insurance coverage is usually limited to the period of your travel. However, some insurance companies may offer various combinations of protection to cater to the specific needs of customers, including long-term annual policies for a frequent traveler. Travel insurance can be purchased for you and/or your family to insure against travel-related accidents, losses or interruptions, such as:

(a) Personal accident

(b) Medical-related expenses

(c) Loss of travel or accommodation expenses due to cancellation or curtailment of the journey

(d) Losing your passport

(e) personal liability

(f) delayed baggage

(g) travel delays

(h) Hijacking

Home insurance, also commonly called hazard insurance or homeowner’s insurance (often abbreviated in the real estate industry as HOI), is a type of property insurance that covers a private residence, such as a condominium or renters’ insurance home or multiple unit buildings (duplex, triplex or quadplex so long as the owner lives in one of the units). It is an insurance policy that combines various personal insurance protections, which can include losses occurring one’s home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. If a home does not meet the underwriting guidelines of a standard homeowners policy (such as more than 15-20 year old shingled roof, 20-30 year old heating system, no central heating, etc) the residence could quality for a limited coverage dwelling policy (DP).

Homeowner’s policy is referred to as a multiple-line insurance policy, meaning that it includes both property insurance and liability coverage, with an indivisible premium, meaning that a single premium is paid for all risks. Standard forms divide coverage into several categories, and the coverage provided is typically a percentage of Coverage A, which is coverage for the main dwelling

The cost of homeowner’s insurance often depends on what it would cost to replace the house and which additional endorsements or riders e attached to the policy. The insurance policy is a legal contract between the insurance carrier (insurance company) and the named insured(s). It is a contact of indemnity and will put the insured back to the state he/she was in prior to the loss. Typically, claims due to floods or war (whose definition typically includes nuclear explosion from any source), amongst other standard exclusions (like termites), are excluded. Special insurance can be purchased for these possibilities, including flood insurance. Insurance should be adjusted to reflect replacement cost, usually upon application of an inflation factor or a cost index.

The home insurance policy is usually a term contract-a contract that is in effect for a fixed period of time. The payment the insured makes to the insurer is called the premium. The insured must pay the insurer the premium each term. Most insurers charge lower premium if it appears less likely the home will be damaged or destroyed: for example, if the house is situated next to a fire station or is equipped with fire sprinklers and fire alarms; if the house exhibits wind mitigation measures, such as hurricane shutters; or if the house has a security system and has insurer-approved locks installed. Perpetual insurance, a type of home insurance without a fixed term, can also be obtained in certain areas.

Different types of international Travel insurance


 

​​​Travel has become an integral part in today’s time. There is once in a ​lifetime that almost every person travels from one place to another for particular reasons ranging from leisure to work to pilgrimage to research or for studies. It is also very important to safeguard one’s interest before embarking on such a journey for whatever reasons.

Untold risks are associated while travelling. Keeping these things in mind, it is always important to opt for travel insurance which takes care of problems arising during the course of travel like Loss of Passport, Loss of Baggage, Personal Accident, Medical Emergency or sickness, Trip Cancellation, and other associated risks encountered while travelling.

Before Opting for travel Insurance, it is also important to understand different types of Travel Insurance for better understanding before taking a trip.

Domestic travel insurance

Domestic travel insurance is an insurance offered to customers for travel within India. It is a policy which protects the policy holder in case of problems while travelling. It provides coverage for medical emergencies during the course of travel, permanent disability and death, baggage loss, travel delay and personal liability. Any Indian citizen travelling within India can purchase domestic travel insurance. Foreigners, who have work permit to work in India, can also purchase Domestic Travel Insurance for travelling within India. The Domestic Travel Insurance Policy is non-refundable.

International travel insurance 

It is very important to buy International travel insurance before embarking on a foreign trip for any purpose. It provides protection against unseen medical and non-medical emergencies during the course of the trip.  Any traveller who is below 85 years of age needn’t undergo the medical check up for the purpose of buying International Travel Insurance. It helps in being worry free on a foreign trip. The policy gives coverage for medical expenses overseas, hijack, baggage and travel delays, repatriations/evacuation to India, and loss of travel documents/passport besides the usual coverage offered in normal travel insurance.

Individual travel insurance

This is an important policy to buy when you are travelling abroad alone. It offers various benefits along with normal benefits like Emergency medical expenses, Repatriation in case of medical emergency, Repatriation of mortal remains, any dental emergency expenses following an accident, Compensation following accidental injuries, Baggage Loss and other benefits.

Annual multi-trip travel insurance (Corporate travel insurance)

Employees of any corporate or organisation can get coverage for international travel under annual multi-trip travel insurance​ (Corporate travel Insurance).

Student travel insurance

This is a policy for students who are travelling abroad for further studies. It offers comprehensive coverage in the form of expenses incurred on medical treatment, passport loss and other reasons leading to study interruptions.

Senior citizen travel insurance​

This insurance caters to the age group of people between 61 and 70. It offers coverage for dental treatment and cashless hospitalisation along with normal travel insurance coverage.

Family travel insurance​​

This is policy for entire family and the entire family is covered under one policy. It offers coverage for hospitalization, baggage loss, and other incidental expenses.

Reliance Travel health insurance


What does the policy cover-​​​

At Reliance Travel health Insurance​e we strive to negate all possible risks that you could encounter while travelling. Whether you are going on a leisure or a business trip, we’ve tried to ‘pack in’ maximum coverage for a variety of situations in our travel insurance policies.​​​

​• Acu​te anaesthetic treatment of teeth due to an injury

• Cost of obtaining a fresh or duplicate passport in case of a lost passport

• Compensation for death or permanent disability due ​to an accident, while riding as a passenger in a common carrier

​• Reimbursement of return ticket fare for a family member visiting you, the insured, if you’re hospitalised for more than 7 days​

• Emergency medical expenses incurred by you or any of your family members whilst abroad, for any sudden illness, injury or death

• Expenses incurred if you miss a connecting flight due to a delay of more than 3 hours

• Facility to provide you emergency cash in case you lose travel funds due to theft

• Compensation for a third party in case your involuntarily actions result in someone’s demise, cause someone injury or damage to health or property​​

• Accidental bodily injury during the trip

• Emergency expenses made for medical evacuation to India

• Expenses incurred if a trip is cancelled or interrupted due to airline, medical, personal employment problems or natural disasters

• Expenses incurred while transporting the insured’s mortal remains back home or towards burial abroad in case of an untimely demise

• Expenses incurred if a trip is delayed for more than 12 hours due to airline, medical, personal employment problems or natural disasters

Insurance against burglary in your home, while you are travelling abroad

• Special distress allowance if your plane is hijacked for more than 12 hours

• Total loss of your checked-in baggage by a common carrier​ ​

What does th​e policy ​not​ cover​​ –

As much as we would like to cover all possible risks, certain situations are just not feasible. We like to maintain complete transparency with our customers. So here’s what we don’t cover in our travel insurance policies: –

1.Life-threatening conditions are covered only if they arise from disclosed pre-existing diseases, which are mentioned in the travel insurance policy schedule, for people up to 70 years of age. Claims arising out of non- disclosed and non-declared pre-existing medical conditions will not be covered. So make sure to declare all pre-existing diseases while taking the travel insurance policy.

2. Expenses incurr​ed due to any of the following con​ditions:

Suicide

Self-inflicted injuries or illnesses

Mental disorder

Anxiety, stress or depression​

Venereal diseases

Alcohol/drug abuse

HIV/AIDS

3. Expenses incurred if you’re…​

Traveling agai​nst the advice of a physician.

Receiving or are on a waiting list for specified medical treatment.

Travelling to receive treatment abroad.

Have been given a terminal prognosis for a medical condition.

4. Issues faced due to theft or loss of passport when left unattended, or unreported to local police authorities.

5. Loss of checked baggage – no partial loss or damage shall become payable

6. War or nuclear threat in the country where you’re travelling.

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