TRAVEL INSURANCE

Travel Insurance in Bangladesh

Travel insurance in Bangladesh is often misunderstood, with many people thinking it’s only needed for visa paperwork – but it’s much more important than that!

In fact, more than 34 countries, including those in the Schengen Area, require travel insurance for tourists. Without it, you won’t even be allowed to enter those countries!

Why? Because travel insurance helps protect you from unexpected situations, like lost luggage or medical emergencies. When traveling abroad, anything can happen, and travel insurance ensures you’re prepared for any surprises that come your way.

In this article, we’ll explain everything you need to know about travel insurance in Bangladesh, so you’re ready for your next adventure. Whether you’re planning a quick getaway or an extended stay overseas, having the right travel insurance can make all the difference.

Travel Insurance In Bangladesh
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Why is Travel Insurance Important?

Travel insurance protects you against unexpected problems while traveling. Whether it’s a medical emergency or losing your luggage, insurance offers financial protection when things go wrong.

In some countries, travel insurance is required to get a visa. Even when it’s not mandatory, it’s a smart choice for peace of mind.

Choosing the Right Insurer

When selecting travel insurance, it’s important to choose a company you can trust. You want an insurer that offers good coverage, affordable prices, and excellent customer service.

At goFLY, we’ve partnered with the best insurance companies to help you find the right plan based on your travel needs.

Who is the Best Company to Get Travel Insurance in Bangladesh?

Here are some top-rated travel insurance companies in Bangladesh:

  • Bangladesh General Insurance Company Ltd. (BGIC)
    With over 30 years of experience, BGIC is known for its reliable coverage, including the “Overseas Mediclaim Policy,” perfect for travelers.

  • Bangladesh National Insurance Co. Ltd. (BNIC)
    BNIC has 28 branches in Bangladesh and is approved by the BLS Spain embassy for Schengen visa insurance.

  • Delta Life Insurance Company Ltd.
    Delta Life offers a “Short Term Health Insurance Policy” suitable for both Schengen and non-Schengen countries.

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What is Travel Insurance and Why Do You Need It?

In simple terms, travel insurance covers unexpected events during your trip, such as medical emergencies, cancellations, or lost baggage. You can buy it for a single trip or multiple trips over a specific period. Best of all, it’s customizable to meet your travel needs, whether for business, vacation, or studying abroad.

goFLY is Bangladesh’s premier online travel agency, dedicated to offering the best travel solutions. We’re here to help you with all your travel needs, including visa processing and travel insurance.

What Does Basic Travel Insurance in Bangladesh Cover?

Here’s what’s typically covered under standard travel insurance:

  • Medical Emergencies:
    Covers hospital bills, emergency medical evacuation, and repatriation if you’re seriously ill or injured.

  • Trip Cancellations or Interruptions:
    Helps recover non-refundable costs if your trip is interrupted due to unforeseen events.

  • Flight Delays or Cancellations:
    Covers additional costs like meals or hotel stays if your flight is delayed or canceled.

  • Lost or Stolen Baggage:
    Replaces belongings if your luggage is lost, stolen, or damaged.

What Doesn’t Travel Insurance Cover?

Travel insurance doesn’t cover activities involving alcohol or drugs. Accidents resulting from these activities aren’t covered either. High-risk activities like extreme sports may also be excluded unless specifically mentioned in the policy.

List of Travel Insurance Companies for Schengen & Other Countries

Some trusted insurance providers in Bangladesh offering coverage for Schengen and other countries:

  • Asia Pacific General Insurance Company Ltd.
  • Central Insurance Company Ltd.
  • Bangladesh General Insurance Company Ltd.
  • Bangladesh National Insurance Co. Ltd.
  • Delta Life Insurance Company Ltd.
  • Eastern Insurance Company Ltd.
  • Dhaka Insurance Limited
  • Jiban Bima Corporation
  • Eastland Insurance Company Ltd.
  • Green Delta Insurance
  • Paramount Insurance Company Limited
  • Mercantile Islami Insurance PLC
  • Phoenix Insurance Company Ltd.
  • Sikder Insurance Company Limited
  • Sena Kalyan Insurance Company Ltd.

Frequently Asked Questions (FAQs)

1. What is travel insurance?

Travel insurance helps protect you during your trip, covering medical emergencies, trip cancellations, or lost luggage.

2. Why do I need travel insurance?

Travel insurance protects against unexpected events like illness or delays and is required by some countries for a visa.

3. What does travel insurance cover?

It usually covers medical emergencies, trip cancellations, lost luggage, and flight delays or cancellations.

4. Does travel insurance cover COVID-19?

Yes, many plans now cover COVID-19-related issues, but always check the details of your policy.

5. Is travel insurance mandatory for Schengen visas?

Yes, for a Schengen visa, you must have travel insurance covering medical emergencies with a minimum of €30,000.

6. Can I buy travel insurance from goFLY?

Yes! goFLY helps you choose the best travel insurance plan for your trip, including Schengen visas and other needs.

Our Top 3 Travel Insurance Companies in Bangladesh

At goFLY, we recommend these three insurance companies based on their reliability and good coverage options:

  1. Bangladesh General Insurance Company Ltd. (BGIC)
    BGIC is well-known for its “Overseas Mediclaim Policy,” which covers business, holiday, and study travel purposes.

  2. Bangladesh National Insurance Co. Ltd. (BNIC)
    BNIC is a trusted name in Bangladesh and is listed on the BLS Spain embassy-approved list for Schengen visa coverage.

  3. Delta Life Insurance Company Ltd.
    Delta Life offers a “Short Term Health Insurance Policy” with coverage for both Schengen and non-Schengen countries. They also have competitive rates for health insurance.

Buy Travel Insurance from goFLY

Choosing the right travel insurance can be overwhelming, but don’t worry – goFLY is here to help!

As one of the best travel agencies in Bangladesh, we’re affiliated with top-rated insurance companies. We’ll guide you in choosing the right plan for your trip, whether it’s for a Schengen visa or other travel needs.

Why Choose goFLY for Travel Insurance?

  • Expert Knowledge: We understand travel insurance options and embassy requirements.
  • Custom Coverage: We offer plans tailored to your trip, especially for Schengen visa needs.
  • Support: Our team is always available to help with any questions or concerns.

Ready to travel with peace of mind? Contact goFLY today to find the best travel insurance for your trip!