In the human society, people get involved in different activities. These activities that people get involved in are for different reasons such as for fun and pleasure, to make a living etc. Among the activities that man is involved in is travelling. Travelling involves moving from a place for different reasons. People love to travel as they would get to see a new environment, experience new culture and way of life etc. By travelling, one can get to learn new things and experience life in another dimension. One can also get to experience a new way of life, see beautiful structures and landscapes etc
In life, various things can occur to one when he least expects. This can also happen while one is on a journey or has travelled to another place. To ensure that one is protected while one is travelling or has travelled. To be protected, one can subscribe for a travel insurance plan.
Travel insurance is an insurance that covers medical expenses, lost luggage, flight accident, trip cancellation and other losses that one can incur while travelling, either domestically or intentionally. Travel insurance can be arranged during the time a trip is booked to cover the exact duration of the trip or a multi trip policy that covers various numbers of trips within a time frame. There are some travel insurance policies that provide lower and higher medical expense options. The higher medical expense options are for countries with high medical costs such as the United Kingdom.
Common risks that are usually covered by travel insurance plans include:
1. Medical treatment. This also includes one’s transportation to the medical facility or hospital
3. Travel delays as a result of bad weather
4. Delayed baggage
5. Stole, lost or damaged baggage
6. Overseas funeral expenses
7. Injury, accidental death, illness, pregnancy complications
8. Visitor health insurance
9. Trip cancellation
10. Curtailment, trip interruption and cancellation: this covers unused travels, pre-paid charges, and accommodation costs.
Travel medical insurance does not include benefit for trip cancellation but places focus on medical benefits. It could also provide better medical coverage than the insurance provided on the trip cancellation. Travel medical insurance can be beyond major emergencies. Travel medical insurance is ideal for people that would travel outside the country for a longer period of time.
It is advisable for one to buy travel insurance. This is because when one travels out of the country, the medical expenses in the country that is travelled to could be extremely higher compared to the travel insurance. For example, medical evacuation expenses in countries like United States can cost up to 50,000 dollars. And even if one has the money, it would be difficult to the necessary arrangement for evacuation. Hence, it is best for one to allow the travel insurance companies to handle events such as medical evacuation.
Most people believe that they do not need travel medical insurance, not knowing that anything can happen to them when they travel.