A Travel Insurance gives you comprehensive coverage for you and your family when you globe-trot. A Travel Insurance policy must go beyond health insurance and provide you with a wide range of travel-related coverage to make your trip stress free.
A good travel insurance covers you for:
Medical expenses
The probability of a person suffering from a condition or disease is very high especially in these days of the epidemic of swine influenza hospitalization and so therefore will be necessary in most cases for a person who suffers from these evils. The plan must pay for outpatient care and hospitalization of the patient. It should provide a daily allowance for hospitalization.
Personal Accident
The same is true, there is a strong likelihood of an accident in a foreign country while traveling as it is not accustomed to the staff and surrounding areas. In the event of an accident, the plan should include travel compensation for death or permanent disability. The policy should also provide compensation for death or permanent disability due to an accident on a flight, boat or other carrier.
Personal Possession Contingencies
One of the most common grouse of a traveler in a foreign country is the loss of passport or baggage during the trip. The policy should provide coverage against loss of passport or luggage, reimbursing the cost of obtaining a new passport or twice.
Time Based Contingencies
It is also with the high density of air travel, there is much chance of flight delays etc especially during the seasons of rains or snowfall. The Journey to the policy to reimburse the additional costs incurred if the trip is postponed. In the case of travel to be canceled or interrupted, the compensation of a non-refundable payments or additional expenses should be paid.
Other Contingencies
In a foreign country, there are many opportunities for personal injuries that might unintentionally harm to another person. Thus, a travel policy should also cover you against liability to a third person accidentally caused by you or your family. Also the flight of foreign currency in a foreign country should also be covered.