While people are conscious about life insurance and as of late health insurance too(some for car insurance), little has been discussed about travel insurance. General life and health insurance has an area limit. Though usually confined to a country, it could cover more than one country or merely a state or province.Five tips on how to find the perfect travel insurance for your needs.Take a look at this article to learn details about travel insurance.
If you are traveling within those defined boundaries, well and good. If not, any emergency could involve great cost. This is where the concept of travel insurance is helpful.
Insurance protects travelers in life and health emergencies, financial losses, loss of baggage, cancellation of trip, etc. It may vary from plan to plan. But the basic principle remains the same: Travel insurance is dead cheap.
Travel insurances cover everything from lost baggage to medical emergencies to political upheavals. It even includes returning your remains back home if you die during transit. Now obviously, it shouldn’t be a question on why to spend those few extra dollars on travel insurance. While it’s a fact that most travelers never think of emergencies while planning, and god forbid anything such happens, travel insurance helps a lot for peace of mind.
Interestingly, all travel insurance plans aren’t exactly the same. This need to be checked well in advance before deciding upon the insurance. One has to look for better insurance among the many available options.
5 Travel Tips on How to Get Perfect Travel Insurance
1] International medical emergencies: This is the most important part. One wouldn’t be interested in domestic travel insurance if the have an existing life and health insurance available for that region. But for international travel, insurance covering medical emergencies is a must. In some countries, medical expenses could be enormous. Thus, it is very important to confirm the plan regarding medical expenses. Even more, check what all would be covered. Does it cover pre-existing conditions or is it only about accidents.
2] The countries covered: My best bet is to ask your tour agent to arrange insurance for you, since they know what would work the best. Travel insurance can never cover all countries. I mean obviously no company can take responsibilities for countries like North Korea, Iraq, Afghanistan, Somalia, etc. Check this list before you buy the insurance to prevent trouble later.
3] The duration: The reason insurance is cheap is because it is temporary. Rather very temporary. The purpose is to provide cover for a short period of time. But if your trip is planned for a longer duration, it might cause an issue.
4] The brand: A bad thing about insurance is that if they refuse your claim and you dispute it, the case would end up lagging in courts for years. Thus, choose a brand which has a brand image to lose if they deny the claim. It would be more probable that they wouldn’t create much of an issue passing on the claim amount.
5] Documents needed: One reason many insurance companies have rejected insurance claims is that they didn’t have the valid documents while traveling. Now, as per the convention, the legit documents should be confined to visa and passport. But please check the policy sheet of the insurance plan to confirm before proceeding further.
