Benefits of Travel Insurance
Travel insurance is insurance that
is intended to cover medical expenses and financial (such as money invested in
non-refundable pre-payments) and other losses incurred while travelling, either
within one’s own country, or internationally. For example, Travel Insurance
covers:
- Trip Cancellation/Interruption
- Medical emergency
- Events like delay or missed departure
- Delayed arrival or Loss of baggage
- Passport loss and legal expenses
What is covered by Travel Insurance?
The most common risks that are
covered by travel insurance are:
- Medical expenses
- Emergency evacuation/repatriation
- Overseas funeral expenses
- Accidental death, injury or disablement benefit
- Cancellation
- Curtailment
- Delayed departure
- Loss, theft or damage to personal possessions and money
(including travel documents)
- Delayed baggage (and emergency replacement of essential
items)
- Legal assistance
- Personal liability and rental car damage excess
What is excluded in the coverage?
Medical expenses arising out of:
- Pre-existing conditions except in case of life-threatening
situations
- Addiction to alcohol, drugs
- Mental disorder, anxiety, depression
- Venereal diseases
- Sexually transmitted diseases, AIDS, HIV
- Radiation, nuclear weapons induced
- Sporting activities
- Loss of passport in public place
- Expenses arising out of loss of valuables, money,
securities, and tickets
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