Essential Things Covered By Your Travel Insuranceby Selena Pinto General
In some countries, travel insurance is mandatory for visitors, while in others it’s recommended. In countries, you could be rejected visa or entry if you don’t have valid travel insurance. Travel insurance can be complicated to understand and with so many options, the confusion may be more. So, in this article, we are going to simplify travel insurance and tell you the essentials of a travel insurance policy. Although right now, there are a lot of restrictions on international travel, keep these things in mind whenever you purchase travel insurance.
Several types of travel insurance that are available in the market today include:
1.Single-trip travel insurance
2.Multi-trip travel insurance
3.Student trip travel insurance
4.Family travel insurance
5.Senior citizen travel insurance
6.Country-specific travel insurance
Now, if you are a frequent flyer or an organization that has some employees that fly often, you must opt for multi-trip travel insurance or corporate travel insurance. Multi-trip travel insurance is valid for specific time duration and not trip-basis. So, it’s perfect for business .
Coming to the essentials covered in travel insurance include:
Trip delay or flight delay: We have seen how uncertain the times have become. Overnight, there was a lockdown announced and international flights came to a grinding halt. But what happens to those who had booked non-refundable flight tickets? That’s why you need travel insurance for your trips. Travel insurance offers compensation for trip or flight delays.
Medical expenses: The cost of medical treatments is extremely high in foreign countries. Some countries do not take patients who don’t have valid travel insurance. In the middle your trip, if you do need medical assistance or hospitalization, then you need reliable travel insurance who will take care of the medical expenses as well as provide a cashless hospitalization facility abroad.
Loss of passport, laptop, phone, and other personal belongings: There’s always a possibility of you losing your passport, laptop, phone, camera, or other personal belongings. If you don’t have travel insurance then sorting the lost passport issue can be extremely tough. But if you have travel insurance, then they will help you and make sure you aren’t stuck because of loss of passport.
Natural disasters: Natural disasters come unannounced and therefore, it’s best to be prepared for them. Let’s say, you are in Bali and suddenly there’s an earthquake. If your health or trip is impacted because of the natural disaster, then your travel insurance should be able to provide financial protection.
Choosing the right travel insurance policy can be challenging, but buying
Created on Jul 28th 2020 02:50. Viewed 230 times.