Secure your journeys: Types of travel insurance with credit cards

Travel insurance is a crucial element of any trip, offering protection against unexpected situations such as cancellations, medical emergencies, or lost baggage. IDFC FIRST Bank Credit Cards combine luxury travel benefits with robust insurance coverage to ensure your journeys are stress-free and secure. With features tailored to address your needs, these credit cards allow you to travel confidently, knowing that you are well-protected against unforeseen expenses.

Common types of travel insurance offered by credit cards
 

Credit cards come with numerous features to enhance your travel experience. Travel insurance is an important feature that lets you enjoy your trips with complete peace of mind. Here are some common travel insurance benefits that IDFC FIRST Bank Credit Cards offer:

1. Trip cancellation and interruption insurance
 

Life is unpredictable, and sometimes plans change unexpectedly. Trip cancellation and interruption insurance reimburse you for non-refundable expenses due to covered reasons like illness, natural disasters, or travel restrictions.

With premium metal credit cards from IDFC FIRST Bank like Ashva and Mayura, you get coverage for cancellations, ensuring you don't bear financial losses if your travel plans are disrupted. You can claim a trip cancellation reimbursement of up to ₹25,000 with the Ashva Credit Card and up to ₹50,000 with the Mayura Credit Card, twice a year.

2. Baggage loss and delay insurance
 

Lost or delayed baggage can derail the start of your journey. Credit cards with this coverage compensate you for essential purchases, such as clothing and toiletries, or for the loss of your belongings.

The Ashva and Mayura cards not only offers baggage insurance cover of up to USD 1200 but also enhances your experience with luxury benefits like airport lounge access at domestic and international locations. You can travel stress-free, knowing your belongings are protected.

3. Medical emergency insurance
 

Medical emergencies abroad can be expensive and stressful. Credit cards offering this insurance cover hospitalisation costs, doctor visits, and sometimes even prescription medications.

With its robust personal accident insurance worth up to ₹10 lakhs and air accident cover worth ₹1 Crore, the Ashva, and Mayura Credit Cards ensure you have access to medical care during your travels, giving you peace of mind when venturing to new destinations.

How to maximise your credit card travel insurance?
 

Insurance coverage on your credit card may have certain terms and conditions and there are a few actions that you must take to maximise the benefits of your travel insurance, such as:

1. Understand your coverage

Familiarise yourself with the specific travel insurance benefits of your card, including coverage limits, exclusions, and claim procedures.

2. Keep records

Save all receipts, tickets, and other relevant documents. These are essential when filing claims and ensure a smoother reimbursement process.

3. File claims promptly

Submit claims as soon as possible, following the guidelines provided by your credit card issuer. Timely filing increases the likelihood of swift resolution.

4. Consider additional coverage

While credit card travel insurance is comprehensive, it may not cover everything. For high-risk trips, consider purchasing additional coverage for extra protection.

Conclusion

Travel insurance is an indispensable feature that adds value to your journeys, providing protection and financial security in unforeseen situations. IDFC FIRST Bank Credit Cards, such as Ashva and Mayura, offer a wide range of travel insurance benefits tailored to meet the needs of every traveller. By understanding and leveraging these benefits effectively, you can elevate your travel experience and explore the world with confidence and peace of mind.