Travel insurance provides various coverages for unforeseen events that may occur during a trip. The specific coverages may vary by insurer and policy, but in general, travel insurance includes:
Medical expenses: this coverage reimburses medical expenses incurred abroad as a result of an illness or accident. This includes the costs of hospitalization, medical treatment, medication, repatriation and ambulance transport.
Luggage: this coverage provides compensation for damage to or theft of your luggage. This includes clothing, travel documents, electronics and other valuables.
Accident: this coverage provides compensation for death or permanent disability resulting from an accident during travel.
Cancellation: this coverage reimburses the cost of a canceled trip due to an unforeseen event, such as a serious illness or death of a close family member.
Legal Aid: this coverage provides legal assistance and reimburses the cost of a lawyer if you become involved in a legal dispute while traveling.
Prices vary enormously and this is because travel insurance coverage varies greatly. So it is important to always look carefully at what is needed and get the appropriate insurance.
