This type of insurance covers the losses arising out of uncertainties during a travel, mainly abroad. This may include medical emergencies, trip cancellation, loss of baggage, missed flights etc. It also includes the accidental death and/ or flight accident coverage. These policies can be one-time or multi-trip policies. One time policies are bought before the travel is undertaken and is valid only for the period of the travel. A multi-travel insurance policy covers any number of travels between the insured time period.
The minimum required coverage depends upon the country one is travelling. In many of the countries, the health insurance document is an essential document for visa application. Group tours companies often include the price of insurance in the package. However, this is the basic necessary insurance needed to get the visa. One should see the type of insurance being offered, and if needed, buy additional insurance cover.
The most common exclusion from the insurance is the pre-existing medical condition, whether declared or not. Insurance also does not cover injury or illness caused by the use of alcohol, drug or any other intoxicating material, reckless driving and certain kind of adventure sports. Also the event due to terrorism and war is excluded
Insurance service is provided round the clock for the period of travel including concierge services, emergency travel assistance, cash replenishments in case of theft, passport re-issue service in case of passport loss/ theft etc
It is always a good idea to register the travel plan with the state department so that the nearest embassy may contact them in case of a family emergency and/ or state crisis.ul>