What is Travel Insurance?
In general, travel insurance protects all holiday expenses against adverse events such as cancellation and interruption, and also reimburses medical expenses, loss or damage to property and transit delays. Passengers receive compensation if they have to cancel or interrupt their journey, they will also be covered if they need to receive emergency medical care, medical evacuation and other situations.
Travel Insurance Categories:
1. Delay and Cancellation – Including Reducing
Cancellation: Refunds come into effect if passengers have booked and paid for rest but can not board for personal illness or injury, death (per person or family member) unfavorable weather conditions, airlines, terrorism, bankruptcy, sudden employment, jury work or serious damage to their home, leading to uninhabili- ty due to fire or floods.
Interruption: Insurance companies pay money to policyholders abroad if they have to interrupt their travel due to illness, death (passenger or family member), terrorism, time, airlines, bankruptcy, sudden unemployment and other unfavorable conditions, which means that due to events beyond the control of the holiday, the journey must be limited.
Delay: This restores passengers for hotel, food or clothing costs in the event of a flight delay. Some plans also cover the cost of cruising if another delay causes the passenger to miss the boarding.
2. Health and medical reasons
Medical evacuation: This provides emergency transport or to a local hospital if the passenger can not go home or return to a hospital near the passenger's home. If family members are covered by the same policy, they can also return home
Medical and health reasons: Refund medical and urgent dental costs. Almost all road insurance plans work by rebuilding their traveler after they have paid for treatment. Claims are usually paid within 7 to 10 days. Existing conditions are covered by most policies if the policy is purchased within (at most) 21 days from the date on which the traveler made the first payment or deposit.
3. Passenger death:
An airplane accident – this includes death or splitting only during flight. Typically, it provides the highest coverage because of the relatively low probability of it.
General carrier – Covers death or breakage during a public transport trip such as an airplane, ferry, train or taxi.
Random Death – Cover death or tearing at any time of your trip. It usually provides the lowest coverage rate due to higher risk
4. Personal effects: Loss or damage
– Car rental damage – Restore passengers for damage or loss of rental car. It is designed to allow the passenger to refuse CDW offered by car rental companies. Liability to cover liability still needs to be purchased through the rental company. Car rental coverage is also often included with the credit card used to pay a rental car, which often corresponds to the coverage provided in the policy.
– Loss of goods – restores passengers for lost, stolen or damaged personal belongings. This coverage is usually limited to the duration of the trip and is not limited to luggage that is damaged or lost by the airline. There are two policy limits, total receivable, and maximum number of items. Some policies also make orders for the type of items that can be claimed – such as precious jewels, laptops and sports goods.
– Auxiliary Services – Provides 24-hour phone advice and assistance to passengers. This service can be used at any time when the passenger needs advice. Make sure you do not leave home without it and copy it in several places. You will not regret that you took it out because you are not insured for your trips is a source of great regret for too many tourists.
Do not leave your home without a toothbrush, a clean handkerchief, a bar with nice soap and travel insurance!