Compare Travel Insurance
Planning that trip to Vegas? Perhaps, you are contemplating touring a particular continent with your better half? Whatever your travel plan is, you might want to compare travel and holiday insurance before embarking on that journey
What is Travel and Holiday Insurance?
Travel Insurance or Holiday Insurance refers the insurance which covers medical, financial losses, trip cancellation, missing luggage, accident and other losses incurred while traveling. This kind of insurance covers both local and international travels.
The major aim of any travel insurance is to plan for the cost of unforeseen circumstances. Often, cheap travel insurance is acquired alongside the flight or fare for a trip in order to ensure the coverage for the entire trip.
Travel Insurance policies cover a wide range of people from families to singles. You can also compare cheap holiday and travel insurance for couples and students.
Types of Travel Insurance Policies
Single Trip Travel Insurance
This insurance covers an individual for a single trip. The age of a traveler, cost of trip and length of stay are determinants for the premium of a single trip travel insurance. This travel insurance is best suitable for an individual planning to travel once or twice in a year.
When you compare cheap single trip covers, you will realize that they are as low as £7 for a week’s holiday. Also, a standard insurance policy will provide a 24 hour manned emergency telephone number in case circumstances arise.
Travel Insurance Coverage
Travel insurance policies offer several compensations to those in need of them. The coverages received are divided into two broad categories. They include trip cancellation and medical coverage insurance.
The Trip Cancellation Coverage Insurance
This coverage provides a platform for an individual to be reimbursed for his/her trip cost after canceling the trip. For this to be tenable, the reason for cancellation should be lucid and logical enough. Some of the reasons include;
- Trip cancellation/interruption
- Accidental death and dismemberment.
- Emergency Medical Evacuation.
- Emergency medical expenses
- Jury service.
- Travel delays due to bad weather
- Loss of baggage and
- Prohibition of travel by the government.