Yes, you do need travel insurance plans. It does not matter how tough you are or how young you are, you never know what the future might bring for you. Anyway, the travel insurance plans offer coverage against a number of situations like lost or delayed baggage, loss of passport, healthcare cover, etc. Being young and healthy doesn’t really make a difference.
There is not a single blanket travel insurance coverage amount when it comes to the travel insurance policies being provided by IFFCO Tokio. IFFCO Tokio offers different kinds of plans that have different kinds of coverage amounts. Then again, it also varies based on the sub-limits placed on the policy.
The IFFCO Tokio Travel Insurance Plan has various kinds of coverage. These include the travel health coverage, hijack distress allowance, loss of baggage coverage, flight delay coverage, dental treatment coverage, transportation coverage for mortal remains, hospital daily allowance coverage, financial distress coverage, personal liability coverage, and personal accidental coverage. If you would like to learn more about the coverage that is being provided by the IFFCO Tokio travel insurance plans in detail, you should go through the policy documents.
The medical insurance coverage that is being provided by IFFCO Tokio varies quite a bit depending upon the kind of insurance plan that you have signed up for. If you have signed up for the Gold 500 Benefit Plan then you will be getting a medical insurance coverage of up to $ 500,000. If you have signed up for the Gold 250 Benefit Plan, then you will be getting medical expense coverage of up to $ 250,000. If you are going to sign up for the Gold 100 Benefit Plan, in that case, you would be getting coverage of up to $ 100,000. In case you are planning to go for the Silver Benefit Plan, you will be getting a medical expenses coverage amount of up to $ 250,000. And in case you go for the last plan, which is the Bronze Benefit Plan, you would be entitled to get medical expenses coverage for up to $ 50,000.
IFFCO Tokio does not provide hospital allowance for all of their plans. There are certain specific plans for which IFFCO Tokio provides hospital allowances. The IFFCO Tokio travel insurance states that you will be entitled to receive hospital daily allowance from the company if you are enrolled in the Gold 500 Benefit Plan, the Gold 250 Benefit Plan, or the Silver Benefit Plan. The hospital allowance provided by IFFCO Tokio for both the Gold 500 Benefit Plan and the Gold 250 Benefit Plans is $ 30 per day. This daily hospital allowance will be provided only if the insured is admitted for a period exceeding 48 hours and is limited to a maximum of 20 days of hospitalization.