What is Travel Insurance?
Travel Insurance is a type of insurance Policy designed to protect against risk and financial losses that could happen while travelling, the risk range from minor Inconveniences such as missed airline connections and delayed luggage etc to more serious issues like injuries etc.
Benefits of Travel Insurance
One of the main reason to obtain Travel Insurance is to compensate against accident or medical treatment costs that can occurs unfortunately.
There are more reasons also to take Travel Insurance like theft compensation, luggage misplaced etc.
What is cost of Travel Insurance?
Cost of Travel Insurance is not much, it’s according to travelling cost, and accordingly Insurance Charges varies.
Average cost of Travel Insurance is 5% to 6% of your travel cost, but sometimes it can vary accordingly places, travel cost, and rules of Insurance Policies.
What is covered by a Standard Travel Insurance Policy?
Travel Insurance policy can vary accordingly Insurance company policies, but maximum all Insurance Policies provide protections for three things: Protection for your financial expenses, Protection for your well-being and protections for your personal belongings.
Whenever buy Travel Insurance, Look for these benefits
Trip Cancellation Coverage
Trip Delay Coverage
Trip Interruption coverage
Medical expenses coverage