Travel Cover: Insurance Companies v/s Airline Insurance


Travelling abroad is becoming increasingly common in today’s times. With affordable tickets and regular flights, travelling is now considerably easy to execute. While travelling abroad is a dream for most of us, it does come with its share of risks. It is why it is essential to have a good travel insurance plan before you take that flight to another country. While selecting travel insurance, you should try looking for a comprehensive insurance policy that offers coverage against most mishaps.

You must have seen that when you book your tickets, many airlines automatically offer you travel insurance. Let us find out if this travel insurance is sufficient for you.

Airline Insurance

Whenever you book your flight tickets, the airlines will give you an option to take their insurance. While most airlines offer travel insurance, it is limited to delayed or lost checked-in baggage as long as it is in their custody. It implies that if the airline loses or delays your luggage, they will offer you reimbursements in case of emergency purchases like clothes, toiletries, etc.

Airline insurance will not provide you coverage against missed or delayed connecting flights of other airlines, extension due to personal reasons, theft outside the scope of the airline, etc. Airline insurance will not cover medical expenses, either. They do not provide cover against personal accident, trip extensions, or loss of passport or visa.

Airline insurance is particularly not ideal for students studying abroad, as they do not provide cover against sports injuries, study interruptions, etc. Moreover, a particular airline cover may or may not be globally accepted.

While selecting travel insurance, you should try looking for a comprehensive insurance policy that offers coverage against most risks. For example, look for coverage against lost checked-in baggage, lost passport, delayed flights, cancelled flights etc. Let us discuss the types of travel cover offered by insurance companies.

Insurance Companies

Insurance companies offer a more comprehensive cover. You can choose between two types of plans. The basic plan has a lower premium but offers very little coverage. The premium plan has a higher premium but includes coverage against many things like trip cancellation, extensions, theft, missed flights, loss of passport or visa, etc.

Choose a plan that protects you the best. If you do not need coverage against these things, then stick to a basic plan. However, if you have more than one flight/connecting flight, it is advisable to take a plan that covers missed or cancelled connections.

In addition to this, you can also choose between types of cover:

  1. Vacation Cover: You can choose from different covers depending on whether you are travelling alone or with family. Many travel policies offer family floater plans that include all members of the family for a certain sum insured. You can also look for individual covers for each family member.
  2. Senior Cover: There are separate senior citizen plans for travellers between the age of 71 and 80 years.
  3. Student Cover: Travel covers are different for students as they would be spending a considerable amount of time living in the other country. Student covers include coverage against sports injuries, sponsor protection, study interruption, etc. It is good to choose a travel cover that is globally accepted.

These plans provide cover against theft, loss of passport or visa, medical emergencies, trip extensions, the return of mortal remains, flight issues, baggage issues, etc., at different premiums.

Final Words

Whether you choose airline insurance or travel insurance, always read and understand the exclusions, as well as the benefits of your travel insurance plan to avoid last minute problems.

If you are travelling for a short period, then you can opt for an airline cover. You will get it conveniently along with your ticket, and it will cover basic risk factors.

However, for longer transit times that include multiple flights, travelling to more than one country, etc., it is advisable to opt for an insurance company.  Most companies offer location-specific covers, specially designed according to your visa and cover most risk factors.