When you plan to purchase a travel insurance plan, you need to be very clear about your purpose in buying it. A wise traveler considers everything before purchasing a travel insurance policy. The following key considerations are essential for you to:
- As a traveler, you should know the purpose of your journey. If you are going abroad for a business trip, you should not be investing in a study-travel insurance plan.
- It would be best if you chose the sum insured amount wisely as it covers your needs in the event of an unforeseen incident.
- The duration of your trip estimates the premium amount of the travel insurance policy. It would be best if you chose a plan with a lesser premium for the trip’s total duration.
- When you are planning to travel, you need to be very careful about the destination. There are travel insurance plans which do not cover areas where law and order conditions are not satisfactory. In addition to this, if you want to visit Schengen countries, you should buy Schengen Travel Insurance Plan.
- You need to compare all the available insurance plans to analyze the coverage offered.
- As a traveler, you should buy an affordable travel insurance policy that provides maximum coverage at minimum cost.
- You should select a travel insurance policy with a hassle-free claim procedure and check the insurance provider’s solvency ratio.
Types of Travel Insurance Policies in Pakistan
A travel insurance policy is designed to make your trips safe. You can buy multiple types of travel insurance policies in Pakistan according to your traveling purposes. Here are some of the most important types of travel insurance policies you can buy in the country:
- Single Trip Travel Insurance: you can buy this insurance to cover you and your family for one specific trip only.
- Annual Multi-Trip Travel Insurance: if you are a frequent traveler and taking international trips multiple times a year, this type of insurance provides you peace of mind.
- Schengen Countries Travel Insurance: it fulfills the visa requirements and provides you travel insurance coverage to the European countries.
- USA/Canada/Australia Travel Insurance: this type of travel insurance plan is specifically designed to meet your needs if you travel to any of these countries.
- Worldwide Travel Insurance: this travel insurance plan covers your expenses when you travel anywhere in the world.
- Study Visit Travel Insurance: if you plan to study abroad, this type of travel insurance covers your travel or medical uncertainties.
- Business/Leisure Travel Insurance: it protects you and your family for business or leisure trips abroad.
- Hajj/Umrah/Ziarat Travel Insurance: this type of travel insurance is designed to cover you against any uncertainty when you take a holly trip.
- Over 60s Travel Insurance: this travel insurance policy aims at travelers who are above 65 years old. The premium cost of this policy is higher than the average premium.
