Category

Finance

Category
In Finance

What Travel Insurance Should I Choose To Travel From India To the USA?

No Comments

International travel insurance should be one of your top concerns when travelling from India to the United States.

The United States of America (USA) is considered to be one of the world’s most visited nations. The United States features diverse landscapes, cultures, and experiences that attract tourists worldwide due to its vast size, encompassing most of the North American continent. The United States features many diverse locations, including some of the world’s most revered historical and recognisable worldwide landmarks. From the semi-Arctic environment of Alaska in the North to the tranquil beaches of Florida and Hawaii in the South, the United States provides something for every type of traveller.

Visiting the United States should be on your bucket list, and you must protect your trip with travel insurance for the USA from India.

Principal advantages of a USA travel insurance policy:

    • Travel assistance*
    • Protection from personal culpability*
  • Accident and sickness coverage*
  • Help with baggage-related loss or delay*
  • Hijack cover*
  • Automatic 60-day extension of your USA travel insurance policy if you are hospitalised overseas.*

Travel Insurance From India To the USA

To enjoy a stress-free and memorable vacation to the United States, you must ensure that proper planning and prior bookings are in place and a valid United States travel insurance policy. Nonetheless, despite the extent of your planning, unforeseen occurrences may derail your plans. The latest Covid-19 pandemic, for example, has brought the entire world & overseas travel to an indefinite halt, with most nations implementing harsh entrance restrictions and limiting incoming planes.

Therefore, tourists to the United States must acquire adequate international travel insurance to protect themselves financially against any unplanned incidents that may occur during their trip. Your travel insurance coverage in the United States can act as a protective shield and allow you to enjoy your trip without concern. You can compare travel insurance plans regarding coverage amount and premium to select the one that best meets your needs.*

Why is travel insurance from India to the United States necessary?

Due to the abundance of uncertainties in life, it is essential to be as prepared as possible for any eventuality. If you intend to travel to the United States, consider purchasing travel insurance. A USA travel insurance policy can support you if you encounter any unfavourable circumstances throughout your trip.*

For example, if you become ill before or during your trip or lose your luggage at one of the airports you pass through, a travel health insurance policy for the United States would be helpful. It is advisable to purchase online Travel Insurance insurance for the United States and financially protect your trip against unforeseen events that could ruin it. With an extensive selection of visitor insurance options in the United States, you can plan a hassle-free trip to the United States.*

Below are some of the features included in any travel insurance from India:

  • Coverage for travel delays and cancellations, hotel reservation cancellations, and passport loss
  • Baggage Coverage Reimbursement for delayed or lost checked baggage
  • Medical Insurance
  • Covid-19 coverage to cover the costs of testing positive for Covid during the trip
  • Travel medical insurance to the United States to provide financial support if you become ill or injured during your vacation.

Additional advantages of USA travel insurance coverage

  • The ability to pay in Indian Rupees and receive coverage in US Dollars.
  • Travel insurance policies in the United States with premiums as low as Rs. 60.32 per day.
  • Immediate online purchase of travel insurance for the United States without rigorous medical exams

Thus, it goes without saying that good travel insurance coverage is highly beneficial. Be it the USA or any other country, keep yourself insured as long as you’re travelling!

* Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

by
Read More
In Finance

Can The IRS Collect Taxes Automatically?

No Comments

The Internal Revenue Service (IRS) is the federal agency responsible for collecting taxes in the United States. They have the power to collect taxes automatically, meaning they can take money from your bank account, garnish your wages, or seize your property to pay off any unpaid tax debt.

Here’s what you need to know about how the IRS can collect taxes automatically:

1. Automatic Bank Account Levy:

One of the most common ways the IRS can collect taxes automatically is through a bank account levy. This happens when the IRS sends a notice to your bank, instructing them to freeze your account and turn over the funds to the IRS to pay off your tax debt. This can happen without warning, so it’s important to always be aware of any unpaid tax debt.

2. Wage Garnishment:

If you have unpaid tax debt and currently not collectible status, the IRS can also garnish your wages. This means that they can take a portion of your paycheck to put towards your tax debt. The IRS will notify your employer of the garnishment and your employer will be responsible for withholding a portion of your pay and sending it directly to the IRS.

3. Property Seizure:

In some cases, the IRS can also seize your property to pay off your tax debt. This includes real estate, vehicles, and other personal assets. The IRS will first send you a notice of their intent to seize your property and provide you with an opportunity to pay off the debt before they take any action.

4. Social Security Offset:

If you owe taxes and are receiving Social Security benefits, the IRS can also use a Social Security offset to collect taxes automatically. This means they can withhold a portion of your Social Security benefits until your tax debt is paid in full.

5. Passport Revocation:

In some cases, the IRS can even revoke your passport if you have a seriously delinquent tax debt and currently not collectible status. This means you will not be able to leave the country until your tax debt is paid off or you have made arrangements with the IRS to pay it off.

It’s important to note that the IRS is required to follow certain procedures and provide you with notice before they can collect taxes automatically. This includes sending notices of their intent to levy or garnish your wages, and providing you with an opportunity to dispute the debt or make payment arrangements.

If you are facing automatic tax collection, it’s important to seek the help of a tax professional or attorney. They can assist you in negotiating a payment plan with the IRS or advocating on your behalf to prevent automatic collection. In some cases, bankruptcy may also be an option to discharge certain tax debts.

In conclusion, the IRS has the power to collect taxes automatically through bank account levies, wage garnishment, property seizure, Social Security offsets, and passport revocation. It’s important to be aware of any unpaid tax debt and to seek professional assistance if you are facing automatic collection.

by
Read More