TRAVEL INSURANCE

WHAT IS TRAVEL INSURANCE 

Travel insurance is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or domestically. It can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a "multi-trip" policy can cover an unlimited number of trips within a set time frame. Some policies offer lower and higher medical-expense options; the higher ones are chiefly for countries that have high medical costs.

COVERAGE TYPES

The most common risks that are covered by travel insurance plans are:

• Medical treatment, including transportation to the medical facility.
• Cancellation, curtailment and trip interruption

 If a trip is canceled or cut short under a variety of circumstances, which may include any of the following, depending on the policy:

• death, bodily injury, illness, disease, or pregnancy complications
• being called as a witness
• termination of employment (provided you did not know about it before you booked the holiday)
• being called up if you are a member of the armed forces or other public defense or safety organization
• prohibition of travel by the government to the intended destination
• Death or serious illness of a family member (subject to age restrictions).
• Return of a minor
• Trip cancellation/Trip interruption
• Overseas funeral expenses
• Lost, stolen or damaged baggage, personal effects or travel documents
• Delayed baggage (and emergency replacement of essential items)
• Flight connection was missed due to airline rescheduling or delay.
• Travel delays due to weather
• Hijacking
• Medical expense coverage can be per-occurrence or maximum-limit.

TWO MAIN TRAVEL MEDICAL INSURANCE BENEFITS

Emergency Medical

Coverage can reimburse you for the costs associated with medical treatment for an illness or injury during your trip.This can include coverage for physician services, ambulance services, and hospital charges, among other expenses.

Medical Evacuation

This benefit can arrange for your transportation to the nearest hospital in the event of a medical emergency, and can bring you home if the hospital determines it’s necessary in your situation.