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Insurance by Choice not by Chance !

Travel Insurance

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Kinds of Insurance policies

Nowadays insurance companies have introduced plans for every kind of need. They have products available to protect your home, life, health, car and more. One has various options to choose from.
But one has to be careful and make sure you choose the right policy for yourself. The policy which people normally invest are the basic ones like health , to save tax and make savings for the future like ULIP’s ,home and car.These policies benefits and are worth investing in.

The various kind of polices are:-

Travel Insurance

What does a travel insurance cover? As we are aware that travel insurance covers loss of baggage and passports, unforeseen medical expenses (read a broken hip, or a sprained ankle), theft, etc. It also covers you for delay or cancellation of journey.

There is no doubt that this is an absolute must if you are traveling overseas. It is worth spending a few thousand rupees; if it means you won't be burdening your family or friends with thousands of dollars of medical bills to pay off. So here are a few things you should know about your travel insurance.

Cholamandalam MS is the fastest growing company in general insurance industry

According to a study, In the industry of General Insurance, Cholamandalam MS General Insurance Company has become the fastest player..

The company has posted GWP(Gross Written Premium) of Rs 526 Crores for the period of April-December 2008,

The Company has surpassed previous year's (2007-08) GWP of Rs. 522 crore within 9 months of this year. In a statement on Friday, the company said it has posted a premium growth of 36 % (YTD), the highest in the industry.

Its market share has increased from 1.85% in March 2008 to 2.31% in November 2008.
Chola MS managing director S S Gopalarathnam said, this quarter's result is a testimony to its resilience.

Travel Insurance

With holidays round the corner, most families would find themselves planning for trips in India and abroad. Students, meanwhile, would be negotiating with foreign universities with their spring session beginning early next year.
But before you pack your bags, ensure that you have adequate travel insurance to meet medical emergencies and flight inconvenience. You can buy it for leisure or business trips abroad, domestic travel, or studying abroad.

THE COVER

Single And Multi Trip Travel Insurance

Single Trip Travel Insurance

As the name suggests, Single trip travel insurance covers you only for one specific Holiday (One-off day travel or a short break). This policy is usually cheaper than annual travel insurance. It's the ideal option for anyone who is not expecting to travel again in the next 12 months and want a quick, simple, cost-effective way to keep him or her safe while traveling.
Single-trip plan covers usually up to a maximum of 180 days varying from Company to Company & comes at the lowest cost for you and your family covering a specific Domestic or International trip.

Annual Trip Travel Insurance (Multi Trip Travel Insurance)