Editor's Top Picks — June 2026
Based on claim settlement ratio, sum insured, country coverage and value for money.
- India's cheapest IRDAI-regulated cover
- iAAA rated by ICRA — 11 years running
- 1 lakh+ cashless hospitals worldwide
- 42 optional add-on covers
- Only insurer covering travellers up to age 90
- Free international SIM card on every policy
- Home burglary cover for India residence
- 5 crore+ policyholders served
- Pay only for actual days travelled
- Pre-existing condition cover (limited)
- Cover from day 1 (newborn babies eligible)
- Policy extension up to 180 days
Complete Comparison — All 10 Plans Side by Side
Indicative premiums for a 15-day international trip (Europe/Schengen), $50,000 medical cover, age 35. Updated June 2026.
| Plan | 15-Day Premium* | Sum Insured Range | Claim Ratio | Max Cover | Plan Variants | Entry Age | Review |
|---|---|---|---|---|---|---|---|
| Travel Ace Bajaj Allianz |
₹195 | $50K – $500K | 93.54% | $5,00,000 | Standard, Silver, Gold, Platinum, Super Age | Up to 99 yrs | Review |
| TripSecure+ ICICI Lombard |
₹300 | $50K – $500K | 91.2% | $5,00,000 | Silver, Gold, Gold Plus, Platinum | Up to 99 yrs | Review |
| TravelAssure Niva Bupa |
₹300 | $50K – $500K | 90.8% | $5,00,000 | Lite, Basic, Comprehensive, Honeymooners, Sports & Adventure | Up to 99 yrs | Review |
| Travel Guard International Plus Tata AIG |
₹338 | $50K – $1M | 94.1% | $10,00,000 | Silver, Gold, Platinum, Titanium, Senior | Up to 99 yrs | Review |
| Travel Explorer HDFC Ergo |
₹465 | $40K – $1M | 95.3% | $10,00,000 | Silver, Gold, Platinum, Titanium | Up to 99 yrs | Review |
| Happy Traveller Digit |
₹395 | $50K – $500K | 89.6% | $5,00,000 | Single Trip, Multi-Trip Annual | Up to 99 yrs | Review |
| Travel Care IndusInd (Reliance) |
₹450 | $15K – $500K | 87.34% | $5,00,000 | Asia Standard/Silver, Schengen Basic/Standard, Corporate Standard/Plus/Elite | Up to 90 yrs | Review |
| International Travel Insurance Care Health |
₹550 | $10K – $1M | 90.1% | $10,00,000 | Per-day customisable plans | No max age | Review |
| Overseas Travel Ease (Elite) New India Assurance |
₹480 | $25K – $500K | 96.4% | $5,00,000 | Basic, Economy, Advanced, Elite, Supreme | Up to 70 yrs | Review |
| Travel Insurance (Business & Holiday) SBI General |
₹500 | $50K – $500K | 88.7% | $5,00,000 | Business, Holiday — Single & Multi-Trip | 6 months – 70 yrs | Review |
* Indicative premiums for a 15-day international trip (Europe/Schengen), $50,000 medical cover, age 35. Actual premiums vary by age, destination, trip duration and sum insured selected. Data updated June 2026.
How to Choose the Right Travel Insurance Plan
1. Match Sum Insured to Your Destination
Schengen countries mandate a minimum of €30,000 (~$33,000) medical cover. The USA and Canada have the highest healthcare costs globally — a single hospitalisation can run into lakhs of dollars, so opt for $250,000–$500,000 cover for these destinations. Care International and Tata AIG offer cover up to $1 million for high-risk trips.
2. Check the Claim Settlement Ratio
New India Assurance leads at 96.4%, followed closely by HDFC Ergo at 95.3% and Bajaj Allianz at 93.54%. A higher ratio means fewer claim rejections during a medical emergency abroad — when you need your insurer to respond fast.
3. Single Trip vs Multi-Trip Annual
If you travel internationally 4 or more times a year, a multi-trip annual plan (like Digit's, starting around ₹2,999/year for $500,000 cover) works out far cheaper than buying single-trip cover each time. Each trip under a multi-trip plan is typically capped at 30–45 days.
4. Look Beyond Medical Cover
Trip cancellation, missed connections, baggage loss and flight delay covers vary significantly between insurers. IndusInd Travel Care includes a free international SIM and even covers home burglary in India while you're away — a unique benefit not offered elsewhere.
5. Entry Age Limits Matter for Senior Travellers
Most insurers cap entry age at 70 years, but IndusInd (Reliance) Travel Care covers travellers up to 90 years — important if you're buying cover for elderly parents visiting children abroad. Care Health has no maximum entry age at all.
Not Sure Which Plan Is Right for Your Trip?
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