PRESENTATION

ON
Travel insurance

By –deep
 INSURANCE
Insurance can be defined as a contract
between two parties by which one party undertake
to make good or indemnity any financial loss
suffered by other party in consideration of a sum
of money on the happening of a specified events;
e.g. fire accident or death
TRAVEL INSURANCE
Travel Insurance is insurance that is
intended to cover medical expenses and
financial (such as money invested in
nonrefundable pre­payments) and other
losses incurred while traveling, either
within one's own country, or
internationally.
 Why take Travel Insurance

 Medical expenses
 Emergency evacuation/repatriation
 Trip cancellation/interruption
 Accidental death, injury or disablement benefit
 Overseas funeral expenses
 Curtailment
 Loss, theft or damage to personal possessions and money
 Delayed baggage
 Personal liability and rental car damage excess
 WHO NEEDS TRAVEL
INSURANCE

 Students
 Employees
 Retirees
 Expats
 Vacationers
 WHEN TO BUY TRAVEL
INSURANCE
 When you start planning your trip, start
researching travel insurance.
 When you start making definite plans,
buying tickets or making deposits, that is
when you want to purchase insurance.
 TYPES
 Single Trip Travel Insurance
 Annual Travel Insurance/Multi Trip Travel
Insurance
 Long Stay Travel Insurance
 Medical Travel Insurance
 Cruise Travel Insurance
 Group Travel Insurance
 Business Travel Insurance
ELIGIBILITY
Travel Insurance policy available for all
age’s between 6 month to 70 year’s. and for
senior citizen 71 year to 85 year . for the
age group 3 to 6 month and above 85 year’s
Travel Insurance my be obtained special
approval.
 Policy Duration

Cover trip from as short as 1 day to max

of 360 days. Most of the companies
provides coverage for 180 days but there
plans available up to 360 day’s.
 TRAVEL INSURANCE
COMPANIES
 Tata Aig Travel Insurance
 Bajaj Allianz Travel Insurance
 Reliance Travel Insurance
 Cholamandlam MS General Insurance
company Ltd.
 United India insurance company Ltd.
 ICICI Lombord General Insurance company.
CLAIM’S
In order to make a claim you need to
contact the insurer or third party
administrator (TPA) of the insurance
company which has tie-up with network
worldwide. TPA information has provided
in the insurance policy.
CONCLUSION
Overall preparation of the topic Travel
Insurance person who travel’s should
always use the Travel Insurance.
Companies who provide insurance like Tata
Aig, Bajaj Allianz, Reliance.
Survey reveals that Indian
population prefers Bajaj Allianz Travel
Insurance the most.