Travel Insurance
Travel
Insurance is insurance that is intended to cover medical expenses
and financial (such as money invested in nonrefundable pre-payments)
and other losses incurred while traveling, either within one's own
country, or internationally.
Temporary 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 more extensive, continuous insurance can be purchased from travel
insurance companies, travel agents or directly from travel suppliers
such as cruise lines or tour operators. However, travel insurance
purchased from travel suppliers tends to be less inclusive than
insurance offered by insurance companies.
Travel insurance often offers coverage for a variety of travelers.
Student travel, business travel, leisure travel, adventure travel,
cruise travel, and international travel are all various options that
can be insured.
The most common risks that are covered by travel insurance are:
* Medical expenses
* Trip cancellation/interruption
* Accidental death, injury or disablement benefit
* Overseas funeral expenses
* Curtailment
* Delayed departure
* Loss, theft or damage to personal possessions and money.
* Delayed baggage
* Legal assistance
* Personal liability and rental car damage excess
Some travel policies will also provide cover for additional costs,
although these vary widely between providers.