2. Travel insurance is indispensable to your travel. There are
some people who do not think much of travel insurance,
and there are others who take low-budget ones that covers
the basic things. But hold on; is your life trivial that you'd
go without insurance? The right kind of insurance for your
travel needs can be the best thing that will bridge the gap
of a travel disaster and the emotional-financial loss. You
may have coverage for travel in your credit card but that is
not of much help because they have limited coverage.
3. Here are the three general types of travel
insurance that you should take:
Travel Health Insurance: It is unarguably, the most important
type of travel insurance. To know if you really need one,
contact your health insurance provider and find out how much
can be covered though health insurance when you are
travelling. If you find things that are lacking in your health
insurance, you need to take insurance for travel. You will be
able to get instant hospitalization in the network of hospitals
in the cashless scheme or you will be reimbursed for treatment
costs in the destination country, if you take the insurance.
Even expenses for medicines and transportation from the
airport or hotel to the hospital and back can be covered.
However, there are some clauses in which this insurance can
become void. So make sure that you study the insurance
thoroughly before signing the dotted line.
4. Luggage insurance: Most people are prone to lose their
baggage, luggage and belongings while on travel, especially
in flight travel. So, if you take luggage insurance in travel,
you will be reimbursed for luggage that gets stolen or
damage during the course of your trip. However, you may
note that certain expensive products like jewelry, laptop,
high resolution digital cameras and obviously cash are not
included in it. Even if some of them may be included in the
insurance, there may be some conditions that you may have
to adhere to.
5. Travel Insurance for canceled trip: Travel insurance covers
the cost of cancellation of trip for certain reasons. Some of
the cases include sickness or death of the passenger, death
of a family member, sudden job loss etc. However, every
policy may have its own customization for this kind of
insurance.
6. It is therefore important to study the travel insurance that
you are taking; understand what it covers so that you are
not inadequately covered. For instance, if you take budget
travel insurance, you may not be covered for damages
through natural disasters because they are deemed as 'acts
of nature' and therefore excluded. So before you buy a travel
insurance, make sure you go beyond just the price quotes
and understand the insurance and the coverage properly.
Find out things that are clear and look for the ones that
flock your mind with questions. Highlight them and call up
the prospective insurance provider and ask questions. It is
the job of the travel insurance agent to help you make the
right decisions.
