Travel insurance
If you are planning to roam during summer holidays, do not forget to take travel insurance (travel insurance) at all. By taking travel insurance, you can make the journey of yourself and the whole family safe and enjoyable for very low cost. Come, let’s know why it is necessary to do travel insurance and what are the benefits of it.
What is travel insurance
Travel insurance is a type of insurance, which provides compensation and security of (within or within the country), medical expenses, trip cancellations, losing goods, flight cancell, personal accident or other losses.
What are the benefits of travel insurance
After taking travel insurance, if the aircraft is delayed or canceled, then there is an expense cover of expenses due to this delay such as food or drink in the hotel. Even if your luggage is lost or stolen during the journey, it provides a travel insurance cover. During the journey, if a member becomes ill or someone gets an accident, then all the expenses of the hospital cover the travel insurance. In case of accident or death, the family gets compensation under the insurance scheme. Passport or essential documents pay immediate assistance and recycling expenses. If you get a medical emergency during traveling abroad, then heavy treatment costs insurance.
What is not the cover?
Travel insurance is not compensated for long -standing diseases, diseases caused by alcohol consumption, AIDS, mental disorder, pregnancy, loss of civil war, expenses on the actress while playing sports.
How many cover needs
Insurance companies take a premium of the policy based on the duration of the trip, the number of members in the trip and the destination. Typically, companies offer cover ranging from $ 15,000 to 50,00,000 for abroad. According to the industry expert, the total expenditure on travel insurance trip is 4 to 8 percent.
There is no possibility of much change
Companies do not offer much option to moderate in travel insurance policy. Companies only provide the facility of modeling the insurance policy to the corporate client. Whereas the option to design the insurance plan taken at the individual level according to your need is less.
Cancel the policy or not
After taking the policy, it can be canceled before going on a trip. The policy cannot be canceled after going on trip. The company cuts a minor charge on cancellation of the policy.
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