While traveling has become a regular way of life for some people, others will require working hard just to put aside sufficient money for a dream holiday.
For such people, purchasing travel insurance is definitely an additional cost.
They would most likely doubt the benefits of travel insurance.
After all, the likelihood of anything drastic to happen is almost zero percentage.
"So what is the point of getting travel insurance?" This question would most likely be running through their minds.
It is known that life is unpredictable and things can just suddenly go wrong anytime so getting a travel insurance policy is the smartest, surest and safest way to peace of mind.
Currently, in the market, there are various types of insurance packages, each designed to meet the necessities of the travelers namely, lost or delayed luggage, cancellation of trips, dental, medical, accidental death, 24-hour travel assistance, emergency evacuation and even options such as collision or damage of rented cars.
In fact, you can include certain add-ons to your insurance policy.
Remember to go through all the fine prints of the travel insurance policy to ensure knowledge of whatever exclusions that your policy may have.
Imagine only finding out during that moment of need that the medical only cover for an injury and not for illness.
That will certainly be frustrating so it is best to make sure and not based on any assumptions.
Always remember to obtain clarifications on any queries and do not feel awkward to request for suggestions.
The age of the passenger as well as the traveler's medical history contributes to the calculation of premiums charged and add-ons or custom-made policies will definitely generate much higher premiums.
Generally, kids are covered at no extra charge by majority insurance companies.
Aside from purchasing travel insurance through insurance companies, you can also obtain from tour operators but usually the travel insurance plans offered by them are quite basic and rigid.
Therefore, it may not suit to the individual needs.
Needless to say, the premiums are much cheaper and there is a chance that only a section of your trip is protected.
It may also duplicate any policies which you most probably already have.
Besides that, you will lose your trip and premium if the tour company happens to go into liquidation.
So it is much safer for you to use credit cards for payment.
For such people, purchasing travel insurance is definitely an additional cost.
They would most likely doubt the benefits of travel insurance.
After all, the likelihood of anything drastic to happen is almost zero percentage.
"So what is the point of getting travel insurance?" This question would most likely be running through their minds.
It is known that life is unpredictable and things can just suddenly go wrong anytime so getting a travel insurance policy is the smartest, surest and safest way to peace of mind.
Currently, in the market, there are various types of insurance packages, each designed to meet the necessities of the travelers namely, lost or delayed luggage, cancellation of trips, dental, medical, accidental death, 24-hour travel assistance, emergency evacuation and even options such as collision or damage of rented cars.
In fact, you can include certain add-ons to your insurance policy.
Remember to go through all the fine prints of the travel insurance policy to ensure knowledge of whatever exclusions that your policy may have.
Imagine only finding out during that moment of need that the medical only cover for an injury and not for illness.
That will certainly be frustrating so it is best to make sure and not based on any assumptions.
Always remember to obtain clarifications on any queries and do not feel awkward to request for suggestions.
The age of the passenger as well as the traveler's medical history contributes to the calculation of premiums charged and add-ons or custom-made policies will definitely generate much higher premiums.
Generally, kids are covered at no extra charge by majority insurance companies.
Aside from purchasing travel insurance through insurance companies, you can also obtain from tour operators but usually the travel insurance plans offered by them are quite basic and rigid.
Therefore, it may not suit to the individual needs.
Needless to say, the premiums are much cheaper and there is a chance that only a section of your trip is protected.
It may also duplicate any policies which you most probably already have.
Besides that, you will lose your trip and premium if the tour company happens to go into liquidation.
So it is much safer for you to use credit cards for payment.
Source...