In order to decide whether you need travel insurance or not, you must first understand - what is travel insurance?
Travel insurance is a short term or temporary insurance that, depending on the terms of the plan you choose, can provide coverage for the medical and financial expenses due to sickness, accident, loss or damage of luggage during travelling. Travel insurance serves a varied clientele such as students, businessmen, leisure travelers, adventure travelers and many others. There are three important types of travel insurance. They are:
1. Accident or health travel insurance:
This travel insurance typically provides coverage for any accident or illness that you might sustain during the period of travel. It generally covers expenses related to hospitalisation, intensive care, surgery and outpatient treatment.
2. Trip cancellation travel insurance:
There are situations wherein the person misses his flight due to bad health or needs to cancel his flight. This travel insurance typically ensures that your money is refunded to you.
3. Medical evacuation travel insurance:
It might happen that the hospital in which you are admitted is not able to treat you properly. In such cases, medical evacuation becomes necessary to remove the patient safely and quickly to his own country. As medical evacuation is very expensive, this travel insurance can provide a great financial help to the patient and his family.
Getting an international travel insurance plan is important but, you should choose a travel insurance plan as per your travel needs. You should read the travel insurance plan carefully to ensure that it covers you and the activities you will do on your holiday.
These days, you can find various travel insurance companies that offer travel insurance plans designed to meet different requirements and budget. If you want to save your time and get the best travel insurance plan, you can look for the travel insurance quotes available online. You can simply visit the websites of travel insurance companies, check the terms of the plans they offer and fill in their application form to get travel insurance quotes within a few minutes. Whatever method you adopt to use, making sure you have the appropriate travel insurance plans for yourself, is the best possible way to help in having a trouble-free and memorable travelling experience.
chelsi woolz
http://www.articlesbase.com/travel-tips-articles/what-is-travel-insurance-711526.html
February 20th, 2010 at 8:57 pm
What are the benefits of travel insurance for domestic travel in Australia?
I am travelling to Syndey this weeked for a holiday from Brisbane. Should I get travel insurance? I have private health insurance. I don’t think it is necessary. I have had travel insurance before but this was for overseas travel.
February 20th, 2010 at 8:59 pm
I never get travel insurance for domestic travel. My household contents insurance covers lost or stolen stuff, and my health insurance covers health problems.
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February 20th, 2010 at 9:01 pm
One major thing that your health insurance won’t cover though is problems with the airline/flight. For example, one trip from Melbourne - Gold Coast couldn’t take off because of flooding on the Gold Coast. All that the airline could offer was a flight 2 days later or a credit. My travel insurance picked up the difference (about $350 extra) to change to a different airline and fly into Brisbane later that day.
Other things to consider, if you get sick while you’re away or even before you are due to go and you can’t fly on the day you have booked, if you don’t give 24 hours notice you won’t be able to change your date on discounted tickets and you then have to forfeit your ticket and buy a new one for when you are well enough. Travel insurance would cover this.
Mind you, there are many people out there who don’t take insurance for domestic trips, I guess it comes down to whether you have to money to cover it if something goes wrong….
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