Asia Travel Insurance: Coverage, Claim & Exclusions

Updated: 27-06-2022 16:49:11 PM

While travelling abroad, take all precautionary measures to stay safe and secure. This can be done by taking a travel insurance plans. Of the various types of insurance plans,  Asia Travel Insurance provides financial support for any exigency while travelling to Asian countries. 

What is Asia Travel Insurance?

An Asia Travel Insurance is a type of travel insurance policy meant for people travelling to Asian countries. It provides financial assistance against various travel-related risks, such as trip cancellation, loss of luggage/passport, etc.

Types of Asia Travel Insurance

Individual Travel Insurance: Meant for individuals, the plan covers sudden medical and non-medical expenses that an individual might come across in the Asian countries. 

Family Travel Insurance: It covers the entire family under a single insurance plan. The sum insured is common for all  the family members. 

Eligibility Criteria

The eligibility criteria for purchasing an Asia travel insurance plan varies for different insurers. 

• Any Indian resident aged between 6 months and 60 years. For people above 60 years, a medical examination is needed
• Trip duration should be 30 days

What all Asia Travel Insurance Covers? 

It provides protection against the following:

• Emergency medical expenses
• Loss of passport/checked-in baggage
• Delay of checked-in baggage
• Trip delay
• Emergency financial assistance 
• Bodily injury due to accidents 

Note: This is not an exhaustive list.

Claim Process for Asia Travel Insurance 

• In case of any emergency assistance during your trip abroad, immediately contact the insurance company and register your claim within 24 hours or as early as possible
• To avail worldwide cashless facility, a policyholder needs to contact the Third Party Administrator (TPA ) and provide the necessary documents
• For reimbursement, submit the duly filed in claim form along with all the supporting documents within time frame
• If approved, the claim amount is transferred 

Documents Required for Claim Process

To register the claim, a policyholder needs to submit the following documents:

• • • Duly signed in claim form
    • Bills and vouchers in reference to the claim
    • Copy of air tickets, boarding pass and passport copy, specifying the travel dates
    • Cancelled cheque 

 Note: This is not an exhaustive list. 

Time Taken to Settle Claims

On receiving the required documents from the policyholder, the insurance company evaluates the claim. On approval, the claims get settled within 30 days. In case an investigation is needed, it might take some more time. 

Exclusions under Asia Travel Insurance Policy

An insurance company is not liable to pay in case of certain situations. These are called exclusions. Claims arising out of following event/s are not covered:

• • • Suicide, self-inflicted injuries or illnesses
    • Travelling against the advice of physician 
    • Travelling for the purpose of receiving treatment abroad
    • Mental disorder, anxiety, stress or depression
    • HIV/AIDS
    • Due to war or nuclear threat in the country you are travelling to
    • Claims arising out of non-declared pre-existing medical conditions 

Companies Offering Asia Travel Insurance in India

Listed below are some of the insurance companies providing Asia Travel Insurance in India:

• • • Reliance General 
    • Bajaj Allianz
    • Tata AIG
    • HDFC Ergo

Important Aspects

• • • Check whether the policy chosen covers the regions you plan to visit
    • The insured should notify the insurance company about the claim as it happens or as early as possible
    • All documents, including bills, tickets, receipts, medical reports, vouchers, etc. must be submitted in original 

Advantages of Asia Travel Insurance Policy

Some of the advantages of Asia Travel Insurance plan are:

• • • Covers overseas emergency medical and hospital costs
    • If you are hospitalised for more than 2 days, Asia Travel Insurance provides daily cash allowance 
    • Helps in emergency situations like reimburses expenses in case of loss of passport or luggage
    • In case of flight delay to your home country, the policy period will be automatically extended without any extra charge
    • Provides free-look period of 15 days where you can return the policy if not found suitable

FAQs

Q1. Can I extend my Asia Travel Insurance policy?

Yes. The policyholder can do so by sending a written request to the insurance company along with the advance premium. 

Q2. Is travel Insurance mandatory?

No, it is not mandatory to get a travel insurance if you are travelling to Asian countries. However, it makes sense to have one as it protects you against travel related risks and emergency expenses thus, ensuring you peace of mind during your trip. 

Q3. Does it cover pre-existing disease?

Any claim arising out of pre-existing disease is excluded from Asia Travel Insurance Plans. 

Q4. What should I do in case I lose my passport?

Report the same to the police. Asia Travel Insurance covers the expenses incurred for getting a duplicate passport. 

Q5. What is deductible amount in my travel insurance policy?

It is the amount that will be paid by the policyholder after which insurance company becomes liable to pay out the claim.

Q6. What to do if there is a delay of my checked-in baggage? 

In such a scenario, insured first needs to file a complaint with the carrier and send the original Property Irregularity Report (PIR) along with the claim form to the insurance company. The expenses incurred on medicines and clothing due to loss of your luggage will be reimbursed.