Apart from delayed flights, losing your baggage is one of the typical hassles that you may come across when flying. Although a rare occurrence, there is no certainty that you may receive your luggage after arriving at your destination.
The situation can become rather inconvenient if you were carrying critical documents or expensive devices.
Buying a baggage insurance policy is thus helpful to keep yourself protected in case of the above situation. Insurance providers reimburse a value against your lost belongings.
Not only permanent baggage loss, but insurance companies also cover for temporary losses. You get reimbursed for purchasing some of the essential items required before your luggage arrives.
You need to make a formal claim to your insurance company to avail the above benefits. Only after abiding by the process will the policy provider accept your claims.
What is the process to make a claim?
Firstly, you have to contact the support staff of the respective airline to avail confirmation that your baggage is lost. The personnel will provide you with a Property Irregularity Report (PIR), necessary for making a baggage cover claim.
Along with the PIR, you have to provide the following documents:
- Copy of Passport.
- Copy of visa document (if travelling abroad).
- Letter issued by the airline claiming the loss liability.
- Documents providing proof of airline compensation.
- Claim form
The compensation you can receive from your claim varies from one insurance provider to another. Hence, you must check the terms and conditions before buying a baggage and personal effects insurance policy.
How to choose the right baggage insurance policy?
Usually, baggage loss is a feature that most travel insurance policies cover. You have to make sure that the travel policy you are choosing comes with the same.
For example, the domestic holiday cover offered by Bajaj Finserv covers loss of baggage and offers compensation for any such occurrence.
Some other features that you must ensure your travel insurance covers include:
- Protection from trip cancellations
Check whether you are protected from trip cancellations when you buy a baggage insurance policy. You receive reimbursement in case you cancel the trip, thus reducing the financial losses.
- Free PAN replacement
In case you lose your PAN Card when you become a victim of pickpocketing. Ensure your insurance scheme covers the costs for availing a replacement PAN Card.
- Roadside assistance in case of car breakdowns
You can avail roadside assistance if your vehicle breaks down while on a road trip. For instance, the road trip travel insurance policy offered by Bajaj Finserv provides 24×7 roadside assistance at over 500 locations around India. You also receive free fuel of 5 litres for your car and 2 litres for your bike in case you run out of fuel.
- Card blocking helpline
Travel insurance provide a helpline number to block your credit and debit cards when you misplace them. You only have to place a single call to block them all.
- Protection against home burglaries
You don’t have to worry about a burglary happening at your home when you are away. Some travel insurance policies also cover monetary losses due to theft and damage at home while you are away.
Pocket Insurance schemes like the home protection insurance policy from Bajaj Finserv are specifically designed for the same. You can avail coverage of up to Rs. 5 Lakh to stay protected from burglaries.
- Personal accidents
Personal accidents will call for high expenses, especially when hospitalisation is involved. Hence, make sure your travel insurance plan covers all such costs.
Check these above points when you are looking for a baggage insurance policy. These schemes are available against a minimal one-time premium and valid for 365 days.