To obtain a visa for some countries, overseas travel insurance is compulsory.

Before buying Travel Insurance, Firstly check if the company selling the policy is registered with IRDA. Make sure you buy the policy through a genuine licensed agent or broker.

The Scope of Cover and Benefits offered by different insurance companies would vary.

The following are covers that are generally provided under Travel Insurance- though the combination may vary.

Medical Expenses with or without cashless facility (most travel insurance products offer cashless facility)
Personal Accident
Loss of Baggage
Delay in Baggage arrival
Loss of Passport
Travel Delay
Repatriation
Transportation of dead body etc

In general, the following are not covered:

Pre-existing diseases
War Risks
Suicide and Insanity
Hazardous Sports

You must also notify the concerned authorities involved eg, local police, embassy, transportation company etc, as applicable.

Contact details-

IRDA
Head Office: Hyderabad
3rd Floor, Parisrama Bhavan,
Basheer Bagh,
Hyderabad - 500004,
Telangana, INDIA.