INCOME TAX3 Sept 2026
Travel insurance’s fine print can leave you with nothing | Mint
A travel insurance policy promised a lot, but paid nothing when a missed connection, a twisted ankle and late baggage hit her European trip. The fine print excluded claims: she needed a six-hour layover, medical treatment needed to happen abroad, and baggage delay only covered on the outward leg. Such hidden clauses help explain 45% average claim rejection rates.
Key Statutory Highlights
- The missed-connection claim was rejected because the original layover was two hours, but the policy required six hours or more.
- Medical treatment in India was excluded, so a sprain treated after returning home wasn't covered; treatment abroad would have been.
- Average claim rejection rate for ten popular individual travel plans was about 45%, with insurers rejecting 20% to 75% of claims.
Actionable Advice for Taxpayers / Founders:Before buying travel insurance, read the policy document carefully—check required layover times, where medical care must happen, and whether baggage delay on the return leg is covered.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief passed the displayed source checks. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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