THE TRAVEL SEASON IS UPON us. Bags are being packed and itineraries being drawn as more and more families have started to travel again. While it is common for people to make long lists and plan ahead for the travel season, the one essential thing they often miss out putting on their lists is travel insurance.
In an interview with Nidhi Sinha, Editor, Outlook Money, Tapan Singhel, managing director and chief executive officer of Bajaj Allianz General Insurance, talks about why it is a must to pack travel insurance when you are traveling abroad or even to a domestic destination. Not only this, but what you should look for when you are buying such a policy. Here are edited excerpts from the interview:
› What are the features that one should look for when buying a travel insurance?
First of all, let’s try answering why we should buy a travel insurance policy. When we are planning a holiday, we never think that things may go wrong. But if things do go wrong, where do we go? Do we know the hospitals? Do we know where to get the ambulance? Do we even know what number to call? If we require emergency cash, can we get that? Do we have a friend or a relative there?
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