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Tag Archive: medical travel policy

Must Know Concepts Of Travel Insurance

Travel insurance policy document with paperwork and technology.

Travel insurance policy document with paperwork and technology.

Everything in the world is under risk. Starting from a pin to a plane, every object is insured to bear the liability at the time of risk. Why traveling be exempted from insurance? Everyone goes on a vacation to have a pleasant time with friends and family. But one cannot deny or prevent certain unavoidable situations which will cause damage to money or material. Flight can be missed, luggage can be lost, any natural calamity will happen which will result in evacuation from the tourist spot etc. Certain holiday package like Your West End Experience package includes travel insurance as a part of the package.

As suggested in http://en.cnta.gov.cn/, certain countries provide free insurance for the travelers. The type of risk cannot be anticipated in advance, but with travel insurance we can sustain the loss occurred by the risk.

Types of travel insurance coverage
Travel insurance covers five major risks like trip cancellation or delay, baggage, flight, medical and evacuation. There are other risks that can be added on to these main risk factors. Many travel insurance companies provide plans that cover almost all the main risks. But the customer can take single risk policies as well. There may be situation like a trip has to be cancelled due to medical emergency of a family member, accidents, co-traveler is sick and cannot travel. In this case one can avail reimbursement depending on the type of service they haven’t used.

One can add on a medical travel policy along with the main medical policy existing already. Travel medical insurance for persons above seventy is expensive. Evacuation insurance can be availed, when there is an emergency to evacuate a place you have reached to your home. Baggage insurance is also re-imbursement based policy depending on the total lost or part of the luggage being lost during the travel. Flight insurance is the coverage of life when travelling on the plane

Taking a travel medical insurance should be mandatory to bear and face the financial lost faced during any unexpected situation of the trip.