Travel Insurance is an insurance policy that covers the financial losses that you might face when you are traveling abroad or within India.
Insure NowTraveling is fun. You get to explore new lands, new cultures, and new cuisines. You also get to take a break from the monotony of everyday life and spend quality time with your family. However, your trip can quickly turn into a nightmare if you suffer unforeseen exigencies and incur financial losses.
A Travel Insurance plan provides financial contingencies in the event of unexpected urgencies.
READ MORETravel insurance plans come in different variants depending on where you travel. As such, PhonePe offers tailor-made Travel Insurance plans for your trips. There are two main types of Travel Insurance policies offered by PhonePe that are as follows:
Domestic Travel Insurance plans cover travels within India. These journeys can be for leisure or business purposes.
As the name suggests, international Travel Insurance plans cover international travels, i.e., outside India. These plans are issued for the duration of your journey and can protect either you on an individual basis or your whole family on a floater basis.
Travel insurance plans have a comprehensive scope of coverage against unforeseen financial necessities that you may incur on your trip. If you encounter a financial emergency covered under the Travel Insurance plan, the policy compensates you for the incurred expenses.
A Travel Insurance policy covers you for the duration of the trip. If you are traveling with your family, you can buy one policy providing coverage to all the family members traveling with you. Moreover, there are specialized Travel Insurance plans for your parents too so that they can also travel risk-free.
PhonePe offers two comprehensive Travel Insurance plans to cover your trips and keep you financially secured during your travels.
The international Travel Insurance plans offered by PhonePe provide a range of coverage benefits. Here are some benefits of buying international Travel Insurance plans through PhonePe.
The primary Travel Insurance cover is a medical cover. It covers the cost of hospitalization if you fall ill or are injured. Medical costs in other countries are high. So, if you are traveling overseas and need serious medical attention, you might incur a heavy hospital bill. A travel health insurance policy covers such medical expenses and provides much-needed financial relief. PhonePe allows coverage of up to USD 100,000 for medical emergencies incurred on your international trips.
If you are traveling to a Schengen country, like France, Germany, Italy, Switzerland, etc., you will need international health insurance coverage to avail of the Visa. So, if you are flying to a Schengen country, a Travel Insurance plan becomes all the more important. PhonePe’s international Travel Insurance plans offer this coverage.
Besides medical coverage, Travel Insurance plans also provide coverage against other risks that you face when traveling. For instance, the chances of losing baggage, passport, wallet, etc., are covered under Travel Insurance plans. Thus, Travel Insurance plans provide a wide range of coverage benefits and secure your trip.
Lastly, with the coverage offered, Travel Insurance plans provide financial security. You can travel worry-free when you know that the travel plan would cover possible financial emergencies.
Emergencies don’t come announced, and so, PhonePe offers 24*7 claim-related assistance in more than 220 countries worldwide.
PhonePe’s domestic Travel Insurance policies also pack a host of benefits similar to international Travel Insurance plans. These benefits are as follows:
You can invest in a domestic Travel Insurance policy with a coverage of up to Rs 5,00,000 at a premium that is less than Rs. 2 per day. This makes the policy easy to afford, and the comprehensive coverage ensures that your financial risks are sufficiently covered.
PhonePe’s domestic Travel Insurance plans allow annual coverage wherein you can take multiple trips through bus, car, train, or flight. If you face any emergency on any journey, the plan will allow coverage for the same.
If your proposed flight gets canceled due to the pandemic, you would be compensated for the loss of the ticket price already paid. In these uncertain times, having this coverage gives you the security that you need.
PhonePe’s domestic Travel Insurance policy provides home insurance coverage as an inbuilt benefit. This coverage insures your home when you are not around. If your home is burgled, coverage of up to Rs. 1,00,000 is available to compensate you for the loss suffered.
PhonePe offers you instant Travel Insurance plans so that you can travel without any worry. The features and benefits of buying Travel Insurance plans through PhonePe are as follows:
If you suffer from COVID 19 while traveling, PhonePe’s Travel Insurance plans will cover the medical costs incurred if you are hospitalized. You would get compensated for the expenses incurred on COVID 19 treatments as well as evacuation if required.
PhonePe has tied up with the best Travel Insurance providers in India. This ensures you get the best insurance for your trip. You can also compare different plans and choose the most suitable policy.
Buying Travel Insurance is straightforward. Just pay the premium online, and your coverage is granted instantly. No need for elaborate paperwork or a physical visit to the insurer to buy the plan.
PhonePe offers both international and domestic Travel Insurance plans. So, irrespective of where you are traveling, you can secure your trip with a tailor-made policy suiting your coverage needs.
If you suffer from COVID 19 while traveling, PhonePe’s Travel Insurance plans will cover the medical costs incurred if you are hospitalized. You would get compensated for the expenses incurred on COVID 19 treatments as well as evacuation if required.
PhonePe has tied up with the best Travel Insurance providers in India. This ensures you get the best insurance for your trip. You can also compare different plans and choose the most suitable policy.
Buying Travel Insurance is straightforward. Just pay the premium online, and your coverage is granted instantly. No need for elaborate paperwork or a physical visit to the insurer to buy the plan.
PhonePe offers both international and domestic Travel Insurance plans. So, irrespective of where you are traveling, you can secure your trip with a tailor-made policy suiting your coverage needs.
There are various types of risks that a Travel Insurance policy covers. Here's a look into some of the most common inclusions found in Travel Insurance plans:
Travel insurance plans have exclusions wherein the financial losses suffered are not paid. Common exclusions include financial losses sustained due to the following:
You can buy a travel insurance policy on PhonePe with just a few clicks. Here is a step-by-step process of buying travel insurance cover on PhonePe:
Select Insurance Tab and Choose Travel Insurance Type
Click on 'GET A QUOTE'
Select Country, Date and Travellers details
Choose your desired plan
Fill Policy buyer and travellers details
Declare health conditions
Review & Buy
Select Insurance Tab and Choose Travel Insurance Type
PhonePe Insurance Broking Services Private Limited. IRDAI Direct Broker (Life & General)
Reg. 766 and Broker Registration Code IRDA/DB 822/20 Valid till 10/08/2024.
Regd. office - Office-2, Floor 4,5,6,7, Wing A, Block A,Salarpuria Softzone, Service Road,
Green Glen Layout, Bellandur, Bengaluru, Karnataka-KA, Pin- 560103
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