Travel Insurance is an essential part of any trip and is something that should not be put aside. Most soon-to-be travellers usually have heard about travel insurance, but might not know the specific reasons why they need travel insurance. This is an important article about frequently asked questions for travel insurance. This article also provides a link for further reading about travel insurance.
What is travel insurance protection?
Travel insurance is a type of insurance that covers you financial for any losses or illness that may unfortunate occur while you is on your trip. Travel insurance can be bought for international or national (within your country) trips.
Why should I buy travel insurance?
Since travel insurance protects you while travelling, this will help and provide the necessary protection you will need in the occurrence of an unfortunate event. Any individual travelling anywhere without travel insurance will be in a dangerous situation if an accident occurs.
What is the coverage for travel insurance?
Travel insurance should provide coverage for medical cost, transportation to a medical facility, and reimburse you for certain or some non-refundable costs due to a interrupted trip, and financial loss of funds.
How much does travel insurance cost?
How much the cost of your travel insurance will be depends on your insurance company provider and their policy. The cost of travel insurance usually will range up to 12 percent of the cost of your vacation/trip.
Does travel insurance cover business trips?
This will depend on the insurance company. Most insurance companies will provide travel insurance for a business trip, but the coverage may be separate from the standard coverage.
How long will travel insurance provide coverage for me?
You can often buy travel insurance starting from as little as two weeks, up to a year. Different insurance companies may vary with their service of coverage.