For a holiday season trip, you might want to make all the arrangements beforehand to ensure you are not stuck with anything. If you are planning your travel to Dubai, among all the things you need, Dubai travel insurance is also a necessity. This will be a friendly shield that will protect you from all mishaps, medical emergencies, or any unfortunate circumstances that can affect your travel. You can purchase travel insurance once you have booked your hotels and flights.

Travel insurance is one of the most critical things to have if you want a stress-free vacation. Thus, it is important to choose the right travel insurance plan.

How to Choose the Right Travel Insurance for Dubai?

Here are a few tips you should consider while purchasing travel insurance for your dream vacation in Dubai:

Policy Coverage

Travel insurance is meant to cover you from all possible risks while you are on a trip. Usually, it provides coverage for trip delays, baggage loss, medical emergencies, passport loss, delay of baggage, and legal liabilities, among many others. So, when choosing Dubai travel insurance, check the plans offered by various general insurance companies in India to see which one has these aspects covered.

Type of Policy

There are several types of travel insurance - single-trip and annual multi trip policies. If you are not much of a traveller, you can choose single-trip insurance. If you go to Dubai frequently, you can purchase an annual travel insurance plan. This is very cost-effective.

Premium

The premium for the travel insurance depends on the coverages included. While looking to purchase travel insurance, ensure to calculate the premium before finalising one. Also, compare the premiums of various travel insurance providers and choose the one that suits your budget. But do not compromise with the coverage. Many insurance companies offer broad coverage at a reasonable rate.

Claim Limit

 Research the claim limit of various travel insurances available.  It is the maximum amount an insurer will pay for a claim made by the policyholder.  Choose a travel insurance that has a claim limit high enough to meet your requirements. Remember that with a high claim limit, the premium also increases.  But this will provide more coverage and give peace of mind. So, this benefit outweighs the large premium.

Claim Settlement Ratio (CSR)

Claim Settlement Ratio is a ratio that calculates the insurance companies' ability to pay off claims. This is one of the most important factors because a company with a CSR of less than 90 is less likely to pay for your claim on time. Whereas, companies with a CSR above 90 tend to settle claims as a priority. So, the higher the ratio, the more reliable the insurance company is. You can check the IRDAI (Insurance Regulatory and Development Authority) website. It has all the general insurance companies in India listed with the CSR score.

Check Inclusions and Exclusions

While buying travel insurance, check the inclusions and exclusions of the policy thoroughly. Different insurance companies will have different exclusion and inclusion policies. However, the most common exclusions are - pre-existing diseases, sports or adventure injuries, death due to dangerous sports, war, terrorist attacks, etc. Thus, you must choose the policy with the least exclusions and higher inclusions.

Cancellation Policy

Always ensure that the company has a cancellation policy. This is because you might need to cut short or cancel your trip due to unforeseen circumstances. Thus, a company that offers last-minute cancellations is better. This ensures your money does not get wasted, and also you get the reimbursement of all the expenses you have made earlier.

Conclusion

It is understandable that with such a huge number of travel insurance policies available, it is challenging to pick the right Dubai travel insurance. However, considering the factors detailed above, you can choose the best one for your trip to Dubai.