Is there an insurance that can be taken for a pet’s healthcare?
—Kunal Rudranath
Policies to cover medical expenditure to treat a pet are not prevalent. Some insurers offer insurance for pets, such as dogs, to cover their life. So, if the dog dies due to an accident or disease, the sum assured is paid to the owner. Such policies can have several extensions such as burglary and accidental poisoning.
Is a travel insurance valid on foreign trips? How do I make a claim?
—Ashutosh Mishra
Yes, travel insurance is meant to cover foreign trips. Travel insurance has multiple components, which includes emergency hospitalisation, loss of baggage, and personal accidents. For all claims under the policy, you can claim reimbursement from your insurer after you come back to India. You should inform the insurer immediately on occurrence of loss over phone or mail. Once you return to India, you can submit the necessary bills and documents for reimbursement.
