Skip to content
hollywoodstarshoney

hollywoodstarshoney

Long Life Business

Primary Menu
  • Business Management
  • Business Analysis
  • News Business
  • Investment
  • Insurance
  • Banking
  • About Us
    • Privacy Policy
    • Contact Us
    • Advertise Here
    • Sitemap
  • Home
  • Here Are Reasons Why You Should Buy A Travel Insurance Before Going On Vacation
  • Insurance

Here Are Reasons Why You Should Buy A Travel Insurance Before Going On Vacation

By Patricia A. Eldridge 1 year ago

A travel involves a lot of planning in advance. There’s ticket to be booked, accommodation to arranged, and bags to be packed, and so on and so forth. But there’s one thing we usually tend to miss. That’s a travel insurance policy, and the simple reason for it is that we often do not understand its significance. 

Hence, it becomes all the more important to ask ourselves whether we really need to buy a travel insurance cover or not. 

A travel insurance essentially offers the insured person protection against different risks associated with travel. You can buy one both for domestic and foreign travel. 

That said, choosing the right travel insurance is also very important. 

“Choosing the right travel insurance plan is essential while planning your trip. While opting for travel insurance, it is critical to understand the coverage provided by a plan. It should also be noted that there are various plans available in terms of the geographies/countries covered, days of travel, whether you are a single traveller or traveling in a group, and the sum insured,” says Sheeraj Deshpande, head – health businesses, SBI General Insurance. 

“Therefore, depending on varied factors, you should ensure that the travel plan aligns with your needs. The sum insured under the policy should adequately cover any medical emergency in the destination country you plan to visit, as medical costs vary greatly at different locations. Additionally, with the resurgence of Covid cases, travellers should look for a travel insurance plan that includes coverage against Covid-19,” says Deshpande.

Here are some of the risks that a travel insurance policy covers: 

Medical/accident cover: This is for expenses incurred due to any medical emergency or accident during the trip. Travel insurance takes care of such eventualities up to a specified limit. This insurance takes care of both in-patient and out-patient hospitalisation expenses. There are also some policies that provide a daily cash allowance in case you are hospitalised. In case of any emergency, it would also cover the cost of transportation to the nearest town or your hometown. When you are travelling in a foreign country, the medical cost tends to be pretty high. Travel insurance comes handy in such cases. There are also other health risks associated with travel, which are covered by a travel insurance policy. 

Flight cancellations and delays: There could arise instances of flight cancellations or delays due to bad weather. You may sometimes even miss a connecting flight. Travel insurance covers your expenses for such occasions. The coverage includes cost of re-scheduling flights, as well as the cost of food and hotel stay for the period of the delay. 

Loss of passport: When you are travelling overseas, loss of passport could lead to unnecessary hassles and expenses. Foreign travel insurance usually covers such expenses and saves you from trouble. 

Loss of passport
When travelling abroad, losing your passport might cause needless complications and costs.

Delay or loss of luggage: While travelling overseas, or even within the country, your check-in luggage might get lost or misplaced. Most airlines usually takes care of these. A travel insurance policy will cover the loss of baggage or misplacement, and also provide you with an amount to spend on buying essentials. 

Personal liability: In case there’s an accidental damage to a third-party property, you would have to pay for it, your travel insurance would cover for you. 

Hotel extension: In case, there’s a crisis situation and you have to extend your travel or your duration of stay, your travel insurance will take care of the cost for the extended stay in such cases. 

Considering all these benefits, a travel insurance is indeed an absolute necessity that could well protect you and your family financially while travelling. 

Tags: American Express Business Cards, Att Business Customer Service, Att Business Internet, Att Business Login, Bad Business Codes, Bank Of America Small Business, Buffalo Business First, Business Administration Jobs, Business Administration Salary, Business Analyst Jobs, Business Card Dimensions, Business Casual Female, Business Casual For Women, Business Casual Women Outfits, Business Ideas 2021, Business Letter Example, Business License California, Business Name Search, Business Process Reengineering, Business Proposal Template, Buy A Business, Card For Business, Chase For Business, Chase Ink Business Card, Columbia Business School, Costco Business Center San Jose, Emirates Business Class, Facebook Business Account, Fictitious Business Name, Florida Business Entity Search, Ga Sos Business Search, Georgia Business Search, Google Business Email, Houston Business Journal, Illinois Business Search, Instagram Business Account, Is Lularoe Still In Business, London Business School, Master Of Business Administration, Men'S Business Casual, Pittsburgh Business Times, Qualified Business Income Deduction, Sacramento Business Journal, Secured Business Credit Card, Standard Business Card Size, T Mobile Business, Texas Business Search, Tië³´o The Business, Top Business Schools In Us, Types Of Business

Continue Reading

Previous These Are the Best Reasons to Buy Whole Life Insurance
Next Landscaping Business Loans: (2022) Financing Options Guide

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • March 2020
  • November 2018
June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    

Recent Posts

  • Five Rules on How to Write a Business Letter
  • Auto Insurance – Understanding the Different Types of Collision Insurance
  • Real Estate Investment in Stunning Cyprus
  • Small Business Owners: Your Leadership Style Can Increase ‘Profits’
  • Benefits of Diversified Portfolio Benefits in International Real Estate

BL

Tags

Amazon Business Credit Card American Airlines Business Class Att Business Login Austin Business Journal Best Bank For Small Business Best Business Bank Accounts Best Business Schools In Us Best Business To Start British Airways Business Class Business Business Attire Men Business Card Ideas Business Casual Shoes For Women Business Continuity Planning Business Entity Search Business Letter Template Business Management Degree Business Manager Facebook Business Plan Outline Business School Rankings Colorado Business Search Delaware Business Entity Search Drop Shipping Business Family Business Bet Fox Business Live Georgia Sos Business Search Google Business Account Harvest Small Business Finance How To Build Business Credit Is Saturday A Business Day Is Sears Still In Business Management Microsoft 365 Business My Business Google Name Generator Business None Of Your Business Ny Sos Business Search Open A Business Bank Account Pa Business Search Plus Size Business Casual Pnc Business Banking Sos Business Search Ca Sunbiz Business Search Taking Care Of Business The Business Of Being Born
hollywoodstarshoney.com | Magazine 7 by AF themes.

WhatsApp us