Travel insurance

From Wikipedia, the free encyclopedia - View original article

 
Jump to: navigation, search

Travel Insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one's own country.

Travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a "multi-trip" policy can cover an unlimited number of trips within a set time frame. Some policies offer lower and higher medical-expense options; the higher ones are chiefly for countries that have extremely high medical costs, such as the USA.

Coverage types[edit]

The most common risks that are covered by travel insurance plans are:

Medical Expenses coverage can be Per Occurrence or Maximum Limit.

Optional coverage[edit]

Some travel policies will also provide cover for additional costs, although these vary widely between providers.

In addition, often separate insurance can be purchased for specific costs such as:

Common exclusions[edit]

Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.

See also[edit]

External links[edit]