Before we talk about travel insurance, let's first discuss about what travel insurance is exactly is? Travel insurance; a insurance which is intended to cover medical expenses, trip cancellation, lost luggage, flight accident, and many more other losses incurred while travelling. However, it can usually be arranged at the time of booking of a trip to cover exactly the duration of that particular trip or a multi-trip policy can cover an unlimited number of trips within a set time frame. In order words, it is the most important thing you will need for your trip. For example you wouldn't have a car without car insurance, a home without home insurance, or a trip without travel insurance.
Travel insurance will provide you with medical coverage when you get sick, injured, cancellation of trip, family member dies, or something is stolen. Besides, it's all purpose emergency coverage and is one of the most important things you should get for your trip.
All you need to look for in a travel insurance plan
As we all know that insurance is a billion dollar business that everyone wants their hand in. Firstly, make sure that your travel insurance offers a high coverage limit on your medical expenses. Undoubtedly high coverage limits are important because if you get sick or need serious attention and have to seek professional care, then you want to make sure that your hospital bills are all covered. Hence, don't be cheap with your health.
Secondly, make sure that your travel insurance policy also covers emergency evacuation and care which will be separate from your medical coverage. In addition, evacuation also should mean from the hospital to your home country. Thirdly, make sure that your travel insurance should cover the following things including:
- Cover most countries in the globe
- Coverage for your electronics, injury, sudden illnesses, lost, damaged, 24/7 emergency service, and stolen possessions
- Cover cancellations such as hotel bookings, flight, and many more transportation bookings