Shriram Wealth Architecture

The risks connected with travel are insured by a special form of insurance coverage called travel insurance. It can pay for lost luggage, medical costs, and other losses in addition to trip cancellation fees. Losses from both domestic and international travel may be insured. Domestic travel insurance policies and international travel insurance policies are the two primary categories under which travel insurance policies exist. The majority of the time, when a trip is being booked, insurance firms offer a travel insurance policy for a single trip. However, there are policies available that cover multiple trips.  Typically, the companies who provide travel packages are the ones that provide such coverage. Sometimes, insurance providers have partnerships with the companies, websites, and applications where you book your tickets. Types of Travel Insurance: Single Trip Travel Insurance Policy: This is a one-time travel insurance policy specific to one particular trip. Multi-Trip P...

Whether you are going abroad for business or pleasure, you do not want any unanticipated events to derail your trip. Unexpected events like losing a passport or getting into an accident could be out of your control. Why is travel insurance important Support in medical emergencies:   The last thing you want to do while you're in a foreign country is go to the hospital. However, a travel insurance policy can be useful if you encounter a medical emergency, such as a sickness or accident, that requires medical attention. Medical emergencies can be handled when you have travel insurance. Travel–related emergencies: The value of travel insurance also stems from the fact that it protects you from a variety of travel-related situations. Flight delays or cancellations can ruin your trip. You can miss your connecting flight as a result of inclement weather or delayed flights. These costs are covered by travel insurance, preventing you from exceeding your budget when dealing with such ...

What is Travel Insurance? Travel Insurance provides utmost protection against unseen medical and non-medical emergencies. Additionally, traveler under the age of 70 are exempt from the medical exams. Your loved ones will receive assistance at home. It's one of those things that could be the difference between a trip that you'll never forget and a travel nightmare. But why is having travel insurance so crucial when abroad? Even though the majority of people ponder whether or not travel insurance is worthwhile, it is essential, and several nations won't even permit travelers to cross their borders without the appropriate coverage. What are thing covered in travel insurance? Medical crises, medical evacuation, misplaced, damaged, or stolen luggage, trip cancellation, delay, and interruption are all typically covered by travel insurance policies. Various types of coverage may be included in travel insurance, however the majority fall into a few broad categories. Prote...

  Do I need ?  - It was a very important question before the Covid Pandemic. How much do I need? – After Covid Pandemic, everyone is thinking about it. No one predicted that the world would come to a standstill and that we would all have to remain confined to our homes. Not even in our wildest dreams would we have seen such scenarios on the world stage. The Pandemic has certainly re-confirmed that nothing is above Nature. Health Insurance Planning is also very important as we know, “Health is Wealth!”. Why? 1)To  protect yourself and your loved ones – to safeguard from uncertainties of life which we have no control. 2) The  rising medical costs will drain your savings – hospitalization requires money right from admission to discharge including deposits, treatment, medicines, etc. 3) The   Medical  costs may put you in additional financial burden – in certain medical cases you may have to option of Loan. 4) To  give best medical treatment in ...

In a world with the rising pattern of way of life problems, high measure of stress and expanding clinical expenses, having a medical coverage is basic for everybody. It is maybe significantly more significant in the post-pandemic existence where the realisation of the uncertainty of life is much more significant than any other time. Choose Family Floater plans: While health care coverage needs contrast for every person, except frequently, family floater plans are intended to fit in the individuals from one family. Instead of a singular cover that safeguards just a single person, a family-floater plan covers the clinical costs of the entire family. The sum guaranteed under the arrangement can be utilized by any relative who needs it because of a medical crisis.   Go For Multi-Year Plan: Many insurers these days offer two-to-three-year health policies where you get a discount on premium instead of going for a 1 year strategy, trailed by a reestablishment. Aside from the r...