123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Insurance >> View Article

The Need For Travel Insurance

By Author: Pranav V Sharma
Total Articles: 141

Travel insurance is as essential as your passport, regardless of your travel destination. If you can't afford travel insurance, you can't afford to travel! Travel insurance can cover the policyholder for insurable events that may occur before or during travel, such as trip cancellation or interruption, medical expenses for injury or illness, theft of valuables, baggage delay or damage and more.

The cost of travel insurance is based on a number of factors such as the type of cover requested, the age of the insured, the destination of travel, length of stay and any pre-existing medical conditions. A wide range of travel insurance policies are available so shop around in order to find the policy that best suits your circumstances and travel plans.

Everyone needs a holiday from time to time, and for many that golden opportunity comes along in summer – two weeks in the sun with family and friends usually sees us right for another year, and we come back refreshed and revitalized for work. These days, we step onto the holiday flight without even thinking; flying has become such a commonplace occurrence.

Once you take off, you can relax knowing that only in a few hours' time you could be sitting on a Spanish beach enjoying the sunshine and perhaps a cold beer or two. However, have you considered what may happen if you were uninsured? The reality is that so many people, having made all their preparations for a holiday in the sun, just take the risk that travel insurance won't be required. Many people see it as an unnecessary expense, especially in this time of global economic hardship.

While this may certainly be the case for a cost conscious traveler, the implications of not having a good quality travel insurance policy in place can be devastating. For example, if your belongings get stolen, you fall sick and consequentially miss the return flight, you could find yourself significantly out of pocket. Massive and unplanned medical expenses are the biggest area of risk you could come across.

The figures can be eye-watering. A broken leg proves to be unfeasible for most people. A good quality travel insurance policy is designed to mitigate this risk because in the terms of the policy you will find that such events are fully covered.

Spending what works out at a tiny percentage of what you have paid for your holiday is a very worthwhile investment – the value of travel insurance is not to be underestimated and right now, competition in the travel insurance market has never been higher, so you will be assured of a great deal.

________________________________________________________________________

It is very essential to have a travel insurance policy. Author Pranav Sharma is an experienced insurance professional and widely read expert on general insurance based in Mumbai. Pranav helps readers opt for best travel insurance policy in India.

Total Views: 74Word Count: 475See All articles From Author

Insurance Articles

1. Car Insurance Best Rates
Author: Mike Hearn

2. Few Tips To Remember Before Buying Insurance From Private Companies
Author: Money Classic Research

3. Personal Insurance Is Significant In Dubai
Author: Omega Insurance

4. Education In Dubai Might Increase But Not To Those Who Invest In Child Education Plan.
Author: Omega Insurance

5. Peach Injury - Medical Lien Services
Author: Peach Injury Network LLc

6. 6 Tips To Follow To Get Cheap High Risk Auto Insurance
Author: Victor Cano

7. Welcome Aboard To International Travel
Author: James

8. Choose Best Home Insurance Company In California And Find A Best Home Insurance Policy
Author: caleagleinsurance

9. 3 Facts That You Must Know About Freight Factoring Services
Author: Husam Jandal

10. How Staffing Factoring Companies Can Help You To Overcome The Financial Hurdle?
Author: Husam Jandal

11. 3 Major Roles Of Dv Auto Appraisers
Author: Chicago Auto Appraisals

12. Solo Travel: At Least Once!
Author: James Jones

13. Are You Young & Traveling Enough?
Author: James Jones

14. Is It Important To Sign Up For Critical Illness Insurance?
Author: omega insurance

15. How To Make Suitable Investment For Sound Financial Future?
Author: aravi singh

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: