Royal Sundaram launches Travel Secure – a holistic travel insurance cover


Mumbai: Royal Sundaram General Insurance Co. Limited, India’s first private sector general insurance company, today launched its most comprehensive overseas travel insurance policy–Travel Secure. Travel Secure is designed to make travel insurance highly customisable, convenient and comprehensive for diverse customer segments – leisure travellers, business travellers, senior citizens and students. Travel Secure has several options of sum insured, levels of coverage to suit different age groups for travel days starting from 1 to 180 days.

Commenting on the launch, M.S. Sreedhar, Managing Director, Royal Sundaram General Insurance Co. Limited said, “Travel is the buzzword and the number of Indians travelling abroad is growing at 20% annually and on an average two crore Indians are going abroad each year for leisure or business.Based on market research and valuable feedback from our customers and business partners we have tailor-made a product for different segments of travellers. Travel Secure therefore aims to deliver a hassle-free, crisp experience for our customers during their travel.”

Nikhil Apte, Chief Product Officer, Product Factory said, “Any overseas travel always comes with a feeling of excitement to explore new destinations, cultures, food, people etc. However, it also comes with a slew of worries like unexpected medical expenses or hospitalisation, instances of loss or damage of baggage, hijacking, delay or curtailment of trip due to medical exigencies etc. With Travel Secure we have made the entire customer experience of buying travel insurance seamless and user-friendly through digital engagement. The policy can be bought online in five minutes and can be carried on your smart phone.”

Travel Secure offers best in class benefits like medical expenses due to hospitalisation anywhere in the world, worldwide accidental death and disablement coverage, loss or damage of baggage, trip delay, etc., across plans. The product provides global assistance services such as medical evacuation in case of medical emergency, repatriation of mortal remains, political or catastrophe triggered emergency services, emergency cash advance etc.

In addition to this there are also plan specific offerings under each plan. For e.g. student travel plan covers study interruption, bail bond, termination of pregnancy, cancer screening, mental and nervous disorders etc. In case of leisure travel, political risk and catastrophe evacuation, emergency hotel extension and home content insurance are part of the covered policy.

Travel insurance is not to be bought for planned medical treatment overseas for pre-existing conditions, as pre-existing diseases are not covered under travel insurance across the industry. However, in Travel Secure there is a sub-limit of $2000 in case of life threatening emergency due to pre-existing conditions.




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