Travel Insurance: Currently, we frequently hear about bomb threats in the news. Although the threats are untrue, they still impact the passenger directly. Indeed, the flight is either canceled or delayed whenever such threats occur. Currently, facing such difficulties, the passengers are requesting compensation for the damage.
Will travel insurance be useful in this situation?
Now the issue is whether the airline will provide compensation for the loss in this scenario or not. If the airline does not provide compensation, will travel insurance be useful in this situation? In this article, we’ll provide you with the answers to these questions. In accordance with DGCA guidelines, the airline provides meals, options for different flights, or full refunds for tickets if the flight gets delayed or called off. This reimbursement is provided in case of flight delays or cancellations caused by weather or other factors. In the event of unexpected occurrences like a bomb threat, the airline is not responsible for reimbursing passengers for any resulting damages.
Company offers compensation varying from 4200 to 84 thousand rupees
International travel insurance provides protection for amounts up to 4 lakh rupees. In this case, businesses offer substantial remuneration. In case of a postponed journey, the company offers compensation varying from 4200 to 84 thousand rupees. At the same time, if there is an emergency, guests are provided with insurance coverage of up to Rs 4 lakh for hotel accommodation. Likewise, in case the passenger encounters any issues while traveling, the company provides a daily allowance of up to Rs 10,500. All of this reporting is determined by the regulations set out by the insurance company and policy guidelines.
The cost of travel insurance is determined by factors such as where you are traveling to, the type of coverage, the age of the insured person, the insurance company, and more. Additionally, the insurance premium can be as high as 10 percent of the total travel costs. If you are considering getting travel insurance, it’s recommended to first compare the policies of multiple companies. Following this, it is important to make a decision only after thoroughly reviewing all the terms and conditions.