A family vacation is that delightful time of togetherness that everyone looks forward to. Every member of the family participates in planning for this magical time, which will create lots of memories to cherish later. However, travelling with family, especially with children, entails greater responsibility and meticulous planning.

Even after careful planning and execution, unforeseen contingencies may occur. With travel insurance, you can protect yourself and your family from any unnecessary financial burden due to factors beyond your control. Read on to know as to how you can secure your family vacation with this type of insurance.

Need for travel insurance plan for family vacations

Cushion against losses due to changes in travel plan

If yours is a joint family, requirements are bound to be diverse. Challenges may spring up in terms of health concerns, injuries, work commitments or any other reasons, leading to changes in the travel plan. A family travel insurance policy can take care of the financial costs incurred because of such changes.

Shield for trip cancellation

While planning a trip with your family, you may not be able to start on schedule due to medical or other reasons. A travel insurance policy safeguards your finances in such a situation. You will be reimbursed for the non-refundable costs of your bookings and tickets, in case you cannot begin your travel for reasons mentioned in the policy.

Coverage for lost baggage

Travelers with family, especially young parents with small kids, are often a soft target for miscreants. They have higher chances of losing their luggage due to theft or damage due to more demands on their attention and time. A travel insurance plan compensates for losses arising due to lost baggage.

Also, you will be reimbursed for the necessities that you would have to buy for your family and yourself, in case your luggage was damaged or lost in transit.

Coverage for medical expenses

Medical emergencies are one of the top-most factors that you should protect yourself against, especially while travelling with your family. Medical expenses include consulting a physician, prescription drugs, hospitalization or even emergency medical evacuation. You may avail cashless medical assistance or reimbursement for the same under your insurance policy.

Thus, you must buy a travel insurance policy as soon as you plan your vacation. It will protect you against any unexpected events that may lead to expenditure or losses while you are travelling, thus enabling you to experience a stress-free, happy family time.

Note that premium for family floater travel policy is lower compared individual travel insurance for every person of your family. Also, apart from the standard risks that your family travel insurance policy cover, if you perceive the need for enhanced protection, you may avail of the same by paying for additional coverage which differs across policies.

Click here to know more about travel insurance.


The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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