Travel insurance is insurance intended to cover medical expenses, travel cancellation, baggage loss, aviation accidents and other losses incurred while traveling,
Travel insurance can usually be arranged at the time of booking to cover exactly the duration of the trip, or the "multi-travel" policy may include unlimited travel within a certain period of time. Some policies offer lower and higher medical cost options; which is higher especially for countries that have high medical costs, such as the United States.
Some credit card issuers offer automatic travel insurance if travel arrangements are paid for using their credit card, but this policy is general and special attention must be taken to take into account personal requirements. There are many travel insurance policies available on the market, but care must be taken of what events are covered by each policy, and what exclusions, exclusions, and limits apply, in addition to other issues.
Video Travel insurance
Type of coverage
The most common risks covered by the travel insurance plan are:
- Medical care, including transportation to medical facilities.
- Cancellations, limitations and travel disruptions
- This section covers unused travel and/or accommodation expenses, prepaid expenses (including additional travel expenses incurred, provided reasonable and necessary) if the trip is canceled or cut short under various circumstances , which may include the following, depending on the policy:
- death, body injury, illness, illness, or pregnancy complication
- required quarantine
- jury service
- is called as a witness
- termination (provided you do not know it before you book your vacation)
- is called if you are a member of the armed forces or other defense or public security organization
- the travel ban by the government to the intended destination
- the officially recommended evacuation of the intended purpose
- the official adviser is opposed to going to or remaining in the intended destination
- death or serious illness of family members (subject to age limit).
- Repatriation leftovers
- Restore minor
- Trip cancellation
- Travel troubles
- Visitor health insurance
- The benefits of accidental death, injury or disability
- Funeral expenses
- Missing, stolen or damaged items, valuables or travel documents
- Pending baggage (and emergency replacement of important items)
- Missed flight connections due to scheduling or flight delays.
- Travel delay due to weather
- Piracy
Coverage of medical costs may be per-event or maximum limit.
Maps Travel insurance
Optional coverage
Some travel policies will also provide protection for additional charges, although this varies greatly between service providers. Nearly $ 2 billion in travel insurance is sold annually.
In addition, separate often insurance can be purchased for specific fees such as:
- Pre-existing conditions (eg asthma, diabetes)
- Sports with elements of risk (eg skiing, mountain climbing, scuba diving)
- Travel to high-risk countries (eg due to wars, natural disasters, or acts of terrorism)
- AD Coverage & amp; Additional D
- Car Rental Coverage
- Cancel for Any Reason Coverage
- Bankruptcy of a third party supplier (e.g., hotel or airline where your non-refundable prepayment payment has logged into administration)
- Acute start of pre-existing condition
- Special event scopes, (for example, to cover travel cancellation fees if the reason of the person traveling, such as the concert, is canceled.)
General exceptions
General exemptions in travel insurance policies include pre-existing medical conditions, non-sequential vehicle operations, traveling for the purpose of receiving medical treatment, surgery or elective care, or injury or illness caused by alcohol, drug use or reckless behavior, including involvement in some sports activities. Events arising from war and terrorism are usually excluded, but most policies allow the cancellation of travel arising out of war or acts of terrorism that meet the policy criteria.
Insurance companies that issue new policies will often exclude circumstances based on ongoing events, such as typhoons or floods. Long-term exceptions may be announced for events such as the Gunung Agung volcano Bali excluded from the cover for the foreseeable future, (such as the end of 2017).
Some policies exclude travel to specific countries, or parts of countries, where greater risks are expected. These determinations are often made based on government official travel advice from organizations such as the US Department of State or the Department of Foreign Affairs of Australia.
Travel insurance can also provide useful, often 24-hour, 7-day-a-week services that may include concierge services and emergency travel assistance. Pre-existing medical conditions must be stated before the start date of the trip. The European Health Insurance Card (EHIC) provides the right to care in state-run hospitals in the EU and Iceland, Norway, Liechtenstein and Switzerland countries, but this is not a substitute for travel insurance.
References
External links
- UK Travel Insurance Advice from Overseas UK & amp; Commonwealth Office
- USA Travel Insurance Advice from the US Department of State
- CA Travel Advisors from the Government of Canada
- AU Travel Insurance Advice from the Australian Government
- IN Travel Insurance Suggestion from the Government of India
Source of the article : Wikipedia
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