December 16, 2024
Is Mind Reading Possible?by admin / January 3, 2022Is Travel Insurance Worth It?
Travel Insurance
Despite a smart plan, traveling may turn out to be expensive. And it is the travel insurance that can protect your travel investment if anything unexpected occurs. But the question is, ‘Is travel insurance worth it?’ or ‘Should I get trip insurance for flight?’ Well, the answer depends on various factors like if your trip is refundable, health coverage is provided and how much coverage you will be getting from your credit card, where you are going, etc. In this article, we will discuss whether availing of travel insurance will be right for you!
What Does Travel Insurance Cover?
Travel insurance covers travel-related risks like flight cancellation, medical emergencies, lost bags, etc. The coverage amount depends on the policy that you choose and when & where you bought the same. Your travel insurance provider will give a myriad of options to choose from a variety of policies with lower or higher levels of coverage and lower to higher prices according to your preference.
You can opt for policies that will simply cover a single trip or even multiple trips. You can choose to buy an individual policy that will cover your entire family.
What Is Not Covered In Travel Insurance?
It varies from policy and policy and also depends on your provider. Pre-existing medical conditions are excluded from your travel insurance coverage. So any claim related to that particular condition will not be considered. But some policies even cover your pre-existing medical conditions provided you meet certain criteria.
If you are planning to engage in dangerous activities or mountain climbing, your policy will not cover if something goes wrong. Other incidents not covered may include the act of terrorism, war, use of alcohol that can lead to injuries that will be considered as ‘self-inflicted’, or usage of drugs that are considered illegal.
And if you want to entirely cover your trip cancellation then you have to choose a policy with a Cancel For Any Reason (CFAR) as an add-on. This does what the name implies and you can simply cancel the entire trip if you want to. You might get back around 75% of paid ahead of time non-refundable outing costs and the circumstance or rate might shift from one arrangement to another.
Is Travel Insurance worth It – COVID-19 Related Claims
In most cases, travel insurance does not cover COVID-related claims. However, some insurers are trying to make exceptions and bring them into effect in their insurance policies. So in such kinds of policies, medical expenses due to corona for existing policyholders on a trip will be covered.
Also, they will additionally cover any interruption or trip cancellation if the policyholder becomes sick due to COVID during or before a trip. But if you have not purchased travel insurance, then this may not be applicable in the policy that you will be availing of now.
When Can You Prefer Travel Insurance?
Availing of travel insurance will be worth it in two situations: to protect your health & protect your trip. Travel insurance will be a good idea if you have prepaid a trip and will not be able to cancel without a penalty. The policy will cover your reservations if your trip is canceled for a covered reason.
Read Here: How To Get A Universal Travel Pass?
Is Travel Insurance Worth It For Domestic Flights?
Insurance is equally important even while traveling on domestic flights. It not only covers you but also your belongings. Whether it is a domestic or international flight, unpredictable events or situations tend to happen. So having travel insurance for your domestic flight will give you the comfort of dealing with emergencies hassle-free.
Is Travel Health Insurance Worth It?
Travel medical insurance covers medical expenses during a trip. While traveling, if you have any injury, unexpected illness, or any medical condition, it will be covered by your travel medical insurance. It will enable you to reimburse up to the plan limits.
Read Here: Can Traveling Make You Sick?
FAQs
Is it worth getting annual travel insurance?
If you usually travel a lot throughout the year then it is worth it to get annual travel insurance.
Is it a good idea to take out travel insurance in case you need it?
Yes, taking travel insurance is a good idea if you are traveling so that it covers your travel expenses, your health & your belongings against any unexpected risk.
Is travel insurance a must?
Yes, travel insurance is mandatory if you are traveling abroad.
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Related Posts
Are Travel Credit Cards Worth It?
How do Travel Credit Cards Work?
Travel credit cards are said to be one of the best options to earn redeemable reward points or miles towards travel. Be it an airline credit card that gets you miles or a hotel credit card whose earned points can be redeemed for hotel stays or a general travel credit card whose points you can cash in or transfer to hotels and airlines, a travel credit card is indeed a very useful tool that lets you utilize the most of your everyday spending.
However, most travel credit cards may include high annual fees with complicated terms and conditions. At times, all these can even make you think if getting a travel credit card is actually worth the effort. It is considered to be worth it when you can earn points or miles that can be redeemed for travel or other benefits.
Here are some of the key points to keep in mind when you think about getting the best travel credit card in India.
Best Travel Credit Card India 2021
1. American Express Platinum Travel Credit Card
This card is suitable for those looking for travel benefits and earns reward points that can be redeemed for travel vouchers. This card is considered to be a decent option if you are a high spender who is looking for travel promotions & perks. You can redeem the points earned by choosing the desired item from the catalog; it gives a free hand to cardholders on how they wish to use their earned points. But yes, the joining annual fee can be a little high.
2. Citi Premier Credit Card
This travel credit card well suits frequent travelers who would prefer availing of air mile benefits. The highlight of this card is that you can redeem the miles earned across several airlines. Also, your earned air miles will never expire so you can earn miles and redeem them whenever you want. And as a welcome benefit, you also get 10,000 miles upfront.
However, this card may not be the right choice if you are planning to save on your international expenses because the foreign exchange mark-up is considerably high and this card does not offer international airport lounge access.
3. Air India SBI Signature Credit Card
For Air India Loyalists, this card is considered to be the best travel credit card in India. If you happen to spend more on your credit card, this card can be pocket-friendly as the basic reward rate is said to be 4%. For every point, you earn an equal number of Air India Miles.
Another highlight of the reward point is that it need not be redeemed only for air miles but can also avail services that are off the rewards catalog. However, all the advantages are related only to Air India.
4. Axis Bank Vistara Signature Credit Card
If you are a frequent traveler and mostly prefer Vistara airlines then this card will be apt for you. You get up to 2% Club Vistara Points which you can redeem for free flights and flight upgrades. The milestone benefits of this card are excellent so the more you spend the more travel benefits you will get.
In a year, you can avail up to four premium economic tickets by reaching milestones. You can also enjoy travel insurance protection, Club Vistara Silver membership, & discounted golf access.
5. SBI Card ELITE
SBI Card ELITE is called an all-rounder card as it carries the benefits of travel, movies, and shopping. This card offers Complimentary Silver Membership to Club Vistara which enables you to avail flight upgrades and other benefits with Vistara Airlines. You also get hotel benefits but are limited to Trident hotels only.
This card has a good reward rate with additional rewards on categories like groceries, dining, and departmental stores. This card will be the right choice if you are looking for benefits in other categories also.
6. HDFC Regalia Credit Card
It is one of the best premium credit cards in India. It suits heavy spenders who travel often. If you are a frequent traveler, you get six International lounge visits & 12 domestic lounge visits per year. Also, this card charges only a 2% foreign exchange mark-up fee. On reaching spending milestones, you get generous bonus rewards. This card will best suit your needs if you are a frequent traveler and a frequent shopper.
Another best international Travel Credit Cards India are
- YES FIRST Preferred Credit Card
- IndusInd Bank Platinum Aura Credit Card
- Standard Chartered Emirates World Credit Card
- MakeMyTrip ICICI Bank Platinum Credit Card, etc
FAQs
1. Should you use credit cards while traveling?
Using a credit card while traveling helps you gain more rewards which you can redeem for travel or other benefits. Also, you can avoid the hassle of handling cash.
2. Does it make sense to have multiple travel credit cards?
Using multiple travel credit cards enables you to enjoy multiple benefits & reward points. So yes, you can use it!
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10 Tips for Socializing and Making Friends in a New Place or Country
Moving to a new place is like embarking on a new adventure, filled with excitement and uncertainty. One of the biggest challenges of relocating is making new friends and building a support system in an unfamiliar environment. However, with a positive attitude and some simple strategies, forming meaningful connections in your new home can be easier than you think. In this guide, we’ll explore a variety of easy and effective ways to make friends in a new place or country.
1. Be Open to New Experiences:
Moving to a new place offers a fresh start and an opportunity to embrace new experiences. Approach your relocation with an open mind and a willingness to step outside of your comfort zone. Be open to trying new activities, exploring different neighborhoods, and meeting people from diverse backgrounds. Embracing novelty and embracing change can pave the way for exciting new friendships.
2. Attend Local Events and Activities:
One of the best ways to meet new people in your new community is by attending local events and activities. Keep an eye out for community gatherings, festivals, and cultural events happening in your area. These events provide a relaxed and informal setting to strike up conversations and connect with others who share your interests.
3. Join Clubs or Groups:
Consider joining clubs, groups, or organizations related to your hobbies or interests. Whether you’re passionate about hiking, photography, cooking, or knitting, there’s likely a club or group in your new area where you can meet like-minded individuals. Joining a club or group allows you to bond with others over shared interests and activities, making it easier to form friendships.
4. Volunteer in Your Community:
Volunteering is not only a meaningful way to give back to your new community but also a great way to meet new people. Look for volunteer opportunities with local charities, nonprofit organizations, or community events. Volunteering allows you to connect with others who share your values and interests while making a positive impact in your new community.
5. Attend Social Meetups:
Social meetups and networking events are designed for people to meet and socialize with others in a casual setting. Check online platforms like Meetup.com or social media groups for local meetup events happening in your area. Whether it’s a coffee meetup, a game night, or a group hike, attending social meetups is a great way to meet new people and expand your social circle.
6. Strike Up Conversations:
Whether you’re at the grocery store, the gym, or waiting in line at a coffee shop, a simple smile and friendly greeting can go a long way. Be approachable and open to chatting with strangers—you never know who you might meet or what connections you might form.
7. Use Social Media and Online Platforms:
Social media and online platforms can be valuable tools for meeting new people and expanding your social network. Join local Facebook groups, community forums, or online chat groups for your new area. Participate in discussions, ask for recommendations, and connect with others who share your interests or hobbies. Social media can be a great way to initiate contact and arrange in-person meetups with new acquaintances.
8. Take Advantage of Workplace Connections:
If you’ve moved for work, take advantage of the opportunity to connect with your colleagues and coworkers. Attend work-related social events, team outings, or after-work gatherings to get to know your coworkers in a more relaxed setting. Building relationships with your coworkers can lead to friendships outside of the workplace and provide a sense of camaraderie and support.
9. Be Patient and Persistent:
Building meaningful friendships takes time and effort, so be patient and persistent in your pursuit of new connections. Keep putting yourself out there, attending events, and reaching out to new people. Remember that forming friendships is a gradual process, and each interaction brings you one step closer to building a strong social network.
10. Stay Connected with Old Friends and Family:
Finally, don’t forget to stay connected with your old friends and family members, even as you settle into your new home. Use technology to stay in touch through phone calls, video chats, or social media. Maintaining relationships with your loved ones from afar can provide comfort and support as you navigate the challenges of settling into a new place.
Conclusion:
Moving to a new place or country can be both exciting and intimidating, but it also presents an opportunity to expand your horizons and build new connections. By being open to new experiences, attending local events, joining clubs or groups, volunteering, attending social meetups, striking up conversations, using social media, connecting with coworkers, being patient and persistent, and staying connected with old friends and family, you can make friends and create a supportive social network in your new home. So embrace the adventure, step out of your comfort zone, and open yourself up to the possibilities of making meaningful connections in your new community.
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