Introduction - Top 10 travel insurance companies in India.
Travel insurance is no longer just an optional add-on; it has become an essential safeguard for anyone planning to travel. Whether you’re traveling domestically or internationally, travel insurance provides a safety net for unforeseen events like medical emergencies, trip cancellations, flight delays, lost baggage, and more.
With 2025 just around the corner, the importance of travel insurance has only grown, especially given the global health crisis and the rise in travel-related uncertainties.
In India, awareness about the importance of travel insurance is increasing, with more people recognizing its value. Whether you’re a frequent flyer, a first-time traveler, or planning a family vacation, knowing how to select the best travel insurance policy can save you both time and money.
This comprehensive guide will introduce you to the Top 10 Travel Insurance Companies in India for 2025, based on their coverage, customer satisfaction, and overall value. By the end of this article, you’ll have a clear idea of which travel insurance provider is the best fit for your needs.
What is Travel Insurance?
Travel insurance is a type of insurance designed to cover the costs and losses associated with unexpected events during a trip. These events could include medical emergencies, trip cancellations, flight delays, loss of baggage, or even emergency evacuations.
The primary goal of travel insurance is to minimize the financial risks associated with unforeseen circumstances. Depending on the coverage, travel insurance policies can be customized to suit specific needs, whether for a family, business trip, or senior citizen.
Why Choose Travel Insurance?
While we all hope that our trips go as planned, the reality is that there are risks involved. Travel insurance provides peace of mind by covering the financial implications of these risks. Here are some of the common reasons why you should consider getting travel insurance:
- Medical Emergencies: Health issues or accidents abroad can be expensive. Travel insurance ensures you receive medical attention without bearing the entire cost.
- Trip Cancellations or Interruptions: Sometimes, due to unavoidable situations like personal illness, family emergencies, or political unrest, a trip may need to be canceled or postponed. Travel insurance helps mitigate the financial losses.
- Lost or Delayed Baggage: Losing your baggage or having it delayed can be stressful. Travel insurance offers coverage to replace essential items until your baggage is found.
- Travel Delays: Flight cancellations or delays can cause inconvenience. Insurance can cover the extra expenses incurred due to delays, such as accommodation and food costs.
- COVID-19 Coverage: In the post-pandemic world, many insurance companies offer coverage for medical expenses related to COVID-19, which is crucial when traveling internationally.
Factors to Consider When Choosing Travel Insurance
When evaluating travel insurance policies, it’s essential to understand various factors to find the right plan. Here are the key factors to consider:
1. Coverage Options
- Medical Expenses: Ensure that the policy covers medical emergencies, including hospitalization, surgery, or evacuation in case of serious illness or injury.
- Trip Cancellation: Check if the policy reimburses non-refundable trip expenses in case of a cancellation.
- Loss of Baggage: Coverage for lost, stolen, or delayed baggage is crucial.
- Personal Liability: Some policies cover third-party liability in case you damage someone else’s property or cause an accident.
2. Policy Types
- Single Trip Insurance: Covers one specific trip from start to end. Ideal for those who travel occasionally.
- Multi-Trip Insurance: Provides coverage for multiple trips within a year. This is often more cost-effective for frequent travelers.
- Long Stay Insurance: Tailored for individuals traveling for extended periods, such as students studying abroad or professionals on long-term assignments.
3. Claim Process
- A good insurance policy should have a simple and efficient claim process. Look for companies with a high claim settlement ratio, which is the percentage of claims successfully paid out compared to the total claims received.
4. Premium Costs
- The cost of premiums depends on factors like the type of coverage, trip duration, age, and destination. Compare policies to find the best deal that offers the most value for your money.
5. Exclusions
- Always check what’s excluded from the coverage. Common exclusions may include pre-existing medical conditions, extreme sports, or certain destinations deemed risky by the insurance provider.
Top 10 Travel Insurance Companies in India for 2025
Now, let’s take a deep dive into the Top 10 Travel Insurance Companies in India for 2025, showcasing their coverage, customer service, and overall reliability. These companies stand out due to their reputation, customer satisfaction, and wide range of offerings.
- Bajaj Allianz Travel Insurance
Overview: Bajaj Allianz is one of the leading travel insurance providers in India. The company is well-known for its comprehensive policies that cover a wide range of travel-related risks.
Key Features:
- Comprehensive medical coverage for emergencies and COVID-19.
- 24/7 emergency assistance helpline available globally.
- Coverage for lost baggage, trip cancellations, and missed connections.
- Tailored policies for family travel, senior citizens, and students.
Customer Satisfaction: Bajaj Allianz enjoys a high customer satisfaction rating due to its excellent customer service and quick claims settlement.
- ICICI Lombard General Insurance
Overview: ICICI Lombard is a trusted name in the Indian insurance market. It offers robust travel insurance plans that cater to both international and domestic travelers.
Key Features:
- Emergency medical coverage and a cashless treatment network.
- Coverage for loss of baggage, missed flights, and trip cancellations.
- Special plans for senior citizens and students.
- 24/7 customer support with a high claim settlement ratio.
Statistics: ICICI Lombard boasts a claim settlement ratio of 98%, indicating prompt and efficient service.
- HDFC ERGO Travel Insurance
Overview: HDFC ERGO is a popular insurance provider known for offering affordable travel insurance with extensive coverage.
Key Features:
- Emergency medical evacuation, trip interruptions, and medical expenses.
- Coverage for travel delays, baggage loss, and trip cancellations.
- Customizable plans for individuals, families, and corporate groups.
- COVID-19-related medical expenses covered.
Customer Feedback: Customers appreciate HDFC ERGO’s efficient claim process and customer support.
- Tata AIG Travel Insurance
Overview: Tata AIG provides excellent travel insurance plans with an emphasis on customer service and emergency support.
Key Features:
- Coverage for medical emergencies, baggage loss, and flight delays.
- 24/7 global assistance and emergency medical evacuation.
- Special coverage for COVID-19 and related medical expenses.
- Coverage for trip cancellations and delays due to unforeseen reasons.
Statistics: Tata AIG has a strong claim settlement ratio, with over 90% of claims being resolved efficiently.
If you’re a student traveling abroad, which of the top travel insurance companies in India would you recommend for comprehensive coverage? Comment below.
- Religare Health Insurance
Overview: Religare Health Insurance (now Care Health Insurance) offers a variety of travel insurance options, focusing on medical coverage for both domestic and international travelers.
Key Features:
- Extensive coverage for emergency medical expenses.
- Assistance with trip cancellation, baggage loss, and medical evacuations.
- 24/7 assistance and customer support.
- Special plans for senior citizens and students.
Customer Insight: Religare Health is known for transparency in policy terms and quick claims settlement.
Must Read – Top 5 Best Travel Insurance For Worldwide Cover
- New India Assurance
Overview: New India Assurance has been serving the Indian market for decades and offers reliable travel insurance options for various traveler profiles.
Key Features:
- Covers medical expenses, trip cancellations, and lost baggage.
- Worldwide emergency medical assistance and medical evacuation.
- Offers travel insurance for both individual and family travelers.
- Affordable premium rates with excellent coverage.
Statistics: The company has a long-standing reputation for providing reliable and trustworthy insurance services.
- SBI Travel Insurance
Overview: State Bank of India (SBI) offers an array of travel insurance policies, catering to both domestic and international travelers.
Key Features:
- Affordable premiums with extensive coverage for medical emergencies, trip delays, and lost baggage.
- Special policies for senior citizens, students, and pilgrims.
- Coverage for both short-term and long-term trips.
- 24/7 emergency assistance services.
Customer Rating: SBI Travel Insurance has a reputation for good customer service and competitive pricing.
Which top 10 travel insurance companies in India are best suited for frequent travelers and why? Comment below.
- Future Generali India Travel Insurance
Overview: Future Generali offers flexible and comprehensive travel insurance plans, with coverage for all types of travel emergencies.
Key Features:
- Comprehensive coverage for emergency medical expenses and cancellations.
- Special plans for COVID-19 medical coverage.
- Covers baggage loss, trip delays, and personal liability.
- 24/7 emergency helpline and global assistance.
Claims Efficiency: Future Generali is known for its hassle-free claims process and fast settlement. Which of the top 10 travel insurance companies in India offers the most affordable premium without compromising on coverage? Comment below.
- Max Bupa Travel Insurance
Overview: Max Bupa is renowned for its focus on health-related coverage, making it ideal for travelers who prioritize medical assistance during their trips.
Key Features:
- Extensive health coverage, including hospitalization and emergency evacuation.
- Covers baggage loss, trip cancellations, and travel delays.
- Global emergency assistance and support for COVID-19-related medical issues.
Statistics: Max Bupa has a high claim settlement ratio, ensuring customers receive timely assistance.
- GoDigit Travel Insurance
Overview: GoDigit is a relatively new player in the insurance market but offers affordable and user-friendly travel insurance plans.
Key Features:
- Basic coverage for trip cancellations, medical emergencies, and baggage loss.
- Budget-friendly plans suitable for casual travelers.
- Coverage for trip delays and lost passport issues.
Customer Feedback: GoDigit’s straightforward plans and easy claims process have garnered positive reviews from customers.
Comparison Table: Top 10 Travel Insurance Companies in India
Insurance Company | Key Features | Claim Settlement Ratio | Customer Feedback |
Bajaj Allianz | Comprehensive coverage, COVID-19 coverage | 98% | Excellent customer support |
ICICI Lombard | Cashless medical network, flight delay cover | 98% | Fast claim processing |
HDFC ERGO | Customizable plans, medical evacuation | 97% | Easy claim process |
Tata AIG | Emergency assistance, loss of baggage | 90% | Transparent and quick claims |
Religare Health | Emergency medical expenses, baggage loss | 94% | Quick settlement |
New India Assurance | Medical expenses, trip cancellations | 95% | Trusted and reliable |
SBI | Affordable rates, trip interruptions | 92% | Good customer support |
Future Generali | COVID-19 coverage, trip delay | 93% | Efficient claims |
Max Bupa | High medical coverage, hospitalization abroad | 97% | Smooth claims experience |
GoDigit | Budget-friendly, basic coverage | 96% | Easy purchase and claims |
Frequently Asked Questions – Top 10 Travel Insurance Companies in India.
- Best international travel insurance India?
When traveling internationally, having the right travel insurance is essential to protect yourself from unexpected issues like medical emergencies, trip cancellations, or lost baggage. Here are some of the best travel insurance providers in India:
- ICICI Lombard: Offers comprehensive coverage including medical emergencies, trip cancellations, and baggage loss. It has a global cashless treatment network and 24/7 assistance.
- Bajaj Allianz: Known for robust policies that cover medical issues, trip cancellations, and lost baggage. It also provides 24/7 emergency support and a vast hospital network.
- Tata AIG: Provides excellent coverage for medical expenses, trip delays, and baggage loss. They also offer COVID-19 coverage, making it a reliable choice for international travel.
- HDFC ERGO: Offers customizable plans for leisure, business, or study travel. It includes medical coverage, emergency evacuation, and trip interruptions, with 24/7 global assistance.
- Which travel insurance is best for the USA from India?
For travel to the USA, ICICI Lombard, Bajaj Allianz, Tata AIG, and HDFC ERGO are the best options from India, offering comprehensive coverage, efficient claim processes, and global assistance. Choose the one that best fits your travel needs, ensuring a safe and worry-free trip.
- Do you think COVID-19 coverage is essential in a travel insurance plan for 2025?
As the world continues to recover from the COVID-19 pandemic, the importance of COVID-19 coverage in travel insurance remains high, particularly for travelers in 2025. While the situation may have improved, the virus is still present, and future outbreaks or travel restrictions could pose unforeseen risks. Here’s why having COVID-19 coverage in your travel insurance plan is still essential:
1. Health Risks and Medical Costs
Although vaccines and treatments have become more widely available, the risk of contracting COVID-19 during travel still exists. Healthcare costs for COVID-19 treatment, especially in countries like the USA, Europe, or even Asia, can be extremely high. Travel insurance with COVID-19 coverage ensures that your medical expenses, hospitalization, or quarantine costs are covered, preventing significant financial strain.
2. Trip Cancellation and Delays
Travel plans can be disrupted due to unexpected COVID-related events, such as government-imposed travel bans, flight cancellations, or quarantine requirements. Insurance with COVID-19 coverage will reimburse non-refundable trip expenses and cover delays or cancellations due to health concerns, making it a crucial part of your policy.
3. Protection Against Travel Restrictions
Countries may impose sudden travel restrictions or entry requirements related to COVID-19, including testing, quarantine, or vaccination mandates. A policy with COVID-19 coverage offers protection against these sudden changes, providing you with a safety net if your travel plans are disrupted.
4. Peace of Mind
Having COVID-19 coverage in your travel insurance offers peace of mind, knowing that you are financially protected from potential pandemic-related issues that could arise during your trip.
- What are the most common exclusions in travel insurance policies offered by top companies in India?
While travel insurance provides comprehensive coverage, there are several common exclusions that travelers should be aware of when purchasing a policy. Understanding these exclusions helps avoid surprises during claims. Here are some of the most frequent exclusions in travel insurance policies offered by top companies in India:
- Pre-Existing Medical Conditions
Most policies do not cover medical issues arising from pre-existing conditions like heart disease, diabetes, or chronic illnesses unless explicitly stated. - High-Risk Activities
Activities such as skydiving, bungee jumping, or mountaineering are often excluded from coverage. If you engage in extreme sports, you may need a separate policy or rider. - Self-Inflicted Injuries
Injuries resulting from self-harm, suicide attempts, or reckless behavior are generally excluded from coverage. - Travel Against Medical Advice
If you travel while being advised against it by a doctor due to health reasons, the policy will not cover any medical expenses incurred. - War, Terrorism, or Political Instability
Most policies exclude claims arising from acts of war, terrorism, or political unrest in specific regions. - Loss of Personal Belongings Due to Negligence
Insurance typically does not cover lost items if they were not properly secured or if negligence was involved.
Always read the policy terms carefully to understand the exclusions specific to your plan.
- How do the claim processes of the top 10 travel insurance companies in India compare in terms of ease and speed?
The claim process for travel insurance can vary among providers, but the top 10 travel insurance companies in India generally offer efficient and hassle-free procedures, with some variations in terms of speed and ease.
- ICICI Lombard: Known for its straightforward process, ICICI Lombard offers online claims submission and a 24/7 customer support helpline. Claims are typically processed within 7-10 business days, especially for medical emergencies.
- Bajaj Allianz: Provides an easy-to-navigate online claims process and a dedicated claims team. Cashless medical treatment is available at network hospitals. Claims for non-medical issues like lost baggage may take 5-10 days.
- Tata AIG: Offers a quick online claim registration and a responsive claims team. The company is known for its fast-tracked claims for medical emergencies, typically within 7-10 days.
- HDFC ERGO: Their claims process is also digital-first, with 24/7 claim reporting and quick claim settlement. Medical claims usually get processed within 7-10 days, while baggage and trip-related claims can take a bit longer.
- Other Companies (SBI, Religare, etc.): Most other leading providers also offer online claims registration, 24/7 helplines, and cashless treatment networks for medical claims. Non-medical claims like baggage loss might take up to 10-15 days for resolution.
Conclusion: How to Choose the Best Travel Insurance in 2025?
Choosing the right travel insurance can be overwhelming with so many options available. Here’s a quick guide to help you make an informed decision:
- Assess Your Travel Needs: Determine if you need international or domestic coverage, and whether you’re traveling solo or with family. Special requirements like coverage for senior citizens or students might require specialized plans.
- Compare Premiums and Benefits: Look for a balance between affordable premiums and comprehensive coverage. Ensure that the policy covers medical emergencies, trip delays, and lost baggage.
- Read the Fine Print: Always check for exclusions in the policy, such as pre-existing conditions or certain risky activities.
In 2025, with increasing travel risks and the impact of the pandemic, having the right travel insurance policy is crucial. Whether you’re traveling for leisure, business, or study, the right plan can save you from financial burdens and provide peace of mind during your travels.
Choose wisely and enjoy a stress-free journey. I hope the Top 10 travel insurance companies in India article helped you to select the best travel insurance companies in India, comment below your experience with these travel insurance companies. #Top10travelinsurancecompaniesinIndia
Disclaimer: The benefits and coverage outlined in this blog are based on personal research and may vary depending on the specific insurance plan or policy. Readers are encouraged to verify the applicability of these benefits with the respective insurance provider before purchasing any plan or policy.