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Do You Make These Mistakes in Choosing Your Health Care Plans

Everyone craves for vacations to enjoy some quality time with their loved ones and Indians are no exception. The outbound travel sector of India saw a powerful growth in 2010 because international travel destinations are highly sought-after among Indians in 2015. Obstacles like inflation, skyrocketing ticket price and depreciation of rupee couldn’t deter the wandering spirit of Indian travelers to visit across the world. Over 60% of Indians remain unmoved by the depreciating rupee and are raring to go to travel. However, the rate of availing travel insurance to safeguard the trip continues to be dismal among Indian travelers. Haiti primary care

Young generations prefer to visit to international destinations once a year at least. In accordance with a survey, 90% of these travelers utilize their own savings for overseas trips and don’t consider travel cover. Quite surprisingly, this is the mindset of young internet savvy generation as ICICI Lombard conducted the survey in the generation of 25-35 among 1049 people across six metro cities in India who had international trips in the last year.The survey further reveals that Singapore is the absolute most preferred travel destination among young Indian travelers; the next and third places are held by US and UK.Let’s take a consider the travel plans available and their prices for many who favor these destinations. Let’s focus on Singapore.If you compare travel plans available for couples who wish to go to UK, keeping the same criteria for trip duration, sum insured and age of the traveler, Religare provides the best plan. The premium of the program is Rs. 1537.

For a trip in countries like Singapore, Thailand within Asia which has been the utmost effective travel destination of 2015, a couple has to invest even less for a journey insurance policy. If you compare travel insurance plans that cover Asia, you will get the cheapest premium of Rs. 1218 from Explore Asia plan provided by Religare.

The positive area of the survey could be the increased awareness among Indian travelers. More than 90% of young generation understands the travel insurance which is a significant rise from last year’s 80%. One of the major provider of travel insurance plans in India; ICICI Lombard underwritten a complete travel insurance premium of Rs 100 previous year, one can expect the premium to improve by 5-10% in this year. The problem is not with the awareness; it is the lack of understanding about the huge benefits associated with these travel covers.

27% of the total respondents in the survey choose never to avail a vacation insurance plan simply because they were under the wrong conception that such plans cover only accidents, lack of baggage and theft but don’t provide medical coverage. This really is not even close to being the truth as the whole break-up of Titanium plan by HDFC ERGO shows extensive coverage for medical emergencies.

25% surveyed people didn’t buy any travel plan since they thought such plans are costly but it is not so. The price tag on all plans for person mentioned here are about less than Rs. 100 to less than Rs. 140 for every single day of a 10 days trip. Travel insurance policies for couples are even cheaper while they cost in the product range of less than Rs. 65 each day per person to significantly less than Rs. 125 per day per person for destinations like US, UK and all countries in Asia including popular destinations like Singapore, Thailand.Indians love to spend their holidays in international destinations. An international travel insurance plan doesn’t cost much and provides a lot in return. If you’re also a journey freak, you must insure the total duration of the trip so that you can enjoy your holiday with complete peace of mind.

Did you realize that the expense of medical care when you’re traveling could possibly be extremely high? If you are already covered under an employer medical health insurance plan or individual/family health insurance plan, you may think that you can travel without worries, but that is not necessarily the case. Many HMOs, PPOs, and state health insurance programs do not cover you if you are not in the United States. Even though you are traveling within the U.S., you may face high charges because the hospital or doctor you head to is not in your neighborhood plan. Travel insurance is rather inexpensive and bridges that point if you are overseas, providing you peace of mind. If something does happen, you most likely will not be paying for the high cost of medical care out-of-pocket.

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