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Travel Insurance for Senior Citizens: Finer Points Explained
Insurance for Senior Citizens may be a little tricky in the sense that it may involve medical check-up based on your insurance provider.
To choose the right company for a travel insurance for a senior citizen one would need to compare the premium and weigh the hassles like medical check-up and also some other benefits. By other benefits we mean that there are some companies that offer some special privileges. For example, Reliance General offers a free international SIM card with every quote. However, the company covers senior citizens from 61 to 70 years.
Take a look at some of the things you otherwise get with a senior citizen travel insurance policy.
Hospitalization expenses
It's difficult to say if all insurance companies offer cashless hospitalization for senior citizens. But, ICICI Lombard certainly does. Check with the provider before you take your insurance policy. Or else you may end-up getting paid only on your return after a cumbersome process in case you are hospitalized.
Loss of baggage
This is again covered by almost all of the insurance companies in India. Some companies like Reliance General also cover expenses incurred for the purchase of toiletries, clothing and medication in case luggage is missing for more than 12 hours.
Also read more on Student Travel Insurance here
Family visit
In case you are injured or hospitalized insurance companies do provide for the visit of family members. Here again it is not as if all insurance companies provide the same. You need to check with the specific insurance company and decided accordingly.
Political risks
In case of political risks, one would get paid for return back to the country.
Third party risks in case of accidental death or damage to property
Reliance General provides for compensation in case there is a death by mistake or damage to property. This is a unique coverage that is not provided by all insurance companies.
Conclusion
You need to study the terms of each provider before taking a senior citizen travel insurance policy. Age limits, difference in benefits, medical check-up and difference in premium would be the key before deciding on the insurance policy from a specific company. It's not too difficult to do research today if you have all the resources that are available.
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