Travel Insurance

Travelers often don’t give much importance to travel insurance but it can really save you from any unforeseen financial distress while you are traveling. It is very important to read between the lines when you are buying a travel insurance policy. You should pay heed to the deductibles as well as health conditions in particular. Travel insurance policies generally don’t cover pre-existing health conditions. And it offers coverage for an illness or any injury but it won’t extend coverage to both.

You can undoubtedly depend on travel insurance policies in the event of a medical emergency but it is always better to be aware of what coverage your travel insurance policy actually offers. Policies typically cover the following-

1. Dental coverage
2. Medical coverage
3. Trip cancellations are also covered
4. If you have lost your baggage, the same will be covered by your travel insurance policy
5. It also includes death coverage as well as accidental coverageTravel insurance premiums

The travel insurance premium differs but it usually ranges between 5% and 7% of the total cost of your trip. The amount you have to shell out as fees will differ as per your previous medical history and your age. Many insurance companies offer insurance coverage for children for free.

It is always better to buy your travel insurance policy from an insurance company and avoid buying insurance policy from your tour operator.

Don’t buy insurance policies from tour operators Given below are reasons why you should buy your policy from an insurance company.

* Policies offered by tour operators are not flexible and may not serve your purpose.
* Coverage amount is usually less
* Your entire trip may not be covered
* The coverage your tour operator is providing may overlap with a coverage you already have.What to look for while buying a travel insurance policy?

* Shop around for favorable quotes. Don’t settle for the first insurance company you come across.
* Find out if the travel insurance policy being offered can be customized or not. Try to buy a policy that can be tailor-made as per your requirements.
* You can ask your insurance agent if the pre-existing condition can be altered.
* Finally get all your doubts clarified.