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Sunday, May 15, 2011

ICICI Lombard Group Travel Insurance to Air India Express customers

ICICI Lombard General Insurance Company has entered into a deal with Air India Express to provide travel insurance to the domestic and international passengers flying with Air India Express.

Travellers flying Air India Express can now avail of the discounted group insurance rates that ICICI Lombard has offered to Air India Express. Expenses arising out of flight cancellations, lost luggage, trip delays,loss of luggage, loss of passport etc is covered under a 15 day policy from the date of travel. The interesting bit here is that NON-PLANNED hospitalisation is also covered even though the disease might have been pre-existing. This is the risky element for the insurer as we have heard of certain cases where the insured does a planned hospitalisation in specialised hospitals in Western Europe and US and tries to pass off the expenses as a non-planned emergency hospitalisation.

While every risk can be priced, let us hope that travel insurance for Air India Express passengers is not a sure event, given the recent history of cancelled flights of Air India and its sister concerns!

1 comment:

  1. Travel insurance is just one of things that are necessary when traveling abroad. Travel insurance can be a very practical solution to providing protection for unexpected emergencies while traveling. This type of insurance protects your investment and allows individuals to travel with peace of mind. There are several options available for going abroad depending on the length and type of trip. Travelers can easily compare plans from leading providers, receive quotes and purchase a plan instantly. Travel insurance can insure against unexpected illness, injury, employment loss, luggage loss and more.