Travel Insurance
Prabhu Insurance
Prabhu Travel Care
Min Premium
NPR 800/yr
Max Sum Assured
NPR 10,00,000
Claim Settlement Ratio
89.70%
Term
1–1 yrs
Key Features
- Worldwide medical emergency cover
- Trip cancellation & delay benefit
- Lost baggage compensation
- Instant e-policy issuance
Frequently Asked Questions
What is the difference between term and endowment life insurance?
Term insurance provides pure life cover with no maturity payout if you outlive the term, so premiums are lower. Endowment insurance combines life cover with a guaranteed savings payout at maturity, so premiums are higher.
How is the claim settlement ratio calculated, and why does it matter?
It's the percentage of claims an insurer paid out of all claims received in a year. A higher ratio (shown on each provider's plans) means the insurer reliably pays valid claims — a key trust signal when choosing a policy.
Do I need a medical test to buy a life insurance policy?
It depends on the sum assured — many insurers waive the medical test for smaller cover amounts (often up to NPR 20 lakhs), but require one for larger policies.
What is not covered under a standard motor insurance policy?
Standard policies typically exclude wear and tear, mechanical breakdown, driving without a valid license, and damage while under the influence — check each plan's exact terms.
Can I buy insurance online without visiting a branch?
Yes, most insurers now offer online application and e-policy issuance for straightforward products like motor and travel insurance.