Published on August 27, 2014
home, your travel insurance will ensure that you will be compensated accordingly. As many people may know, travel in- surance coverage is usually limited to the pe- riod of your travel. It depends on how many days you are travelling. However, some insur- ance companies may offer various combina- tions of protection to cater specific needs of customers. You can buy travel insurance ei- ther through insurance agent, Airlines Com- pany or banks. The choice is yours. If you only travel once a year, the normal insurance plan provided by the airline company should be suf- ficient enough for you, however if you want to have more options such as annual coverage, 20 days coverage, etc, then insurance agent is the way to go. On the other side, frequent travel- lers should consider getting annual travel in- surance plan instead of purchasing from the airline company for every flight. Travel insurance is a comprehensive insurances plan for domestic and overseas travel. This policy can be purchased for you and your family as it insure against travel- related accidents such as personal accident, medical related expenses, loss of travel or ac- commodation expenses due to cancellation or curtailment of the journey, losing your bag- gage, belongings and money, losing your pass- port, personal liability, delayed baggage, travel delays, hijacking, repatriation. Some travel policies will also provide extra cover for addi- tional costs and in some cases separate insur- ance can be purchased for specific cost such as sports with an element of risk (e.g skiing, scuba diving), and travel to high risk countries (e.g due to war, natural disasters or acts of ter- rorism). Since different insurance company of- fer different kind of coverage, you must shop around to find the best policy that best fits your requirement. On top of that, there are several important facts that you must check before make your decision which are: Check with your insurance company what kind of personal effects can be covered under travel insurance, as it differs between insurance companies. Ensure that your insurance company has a good network of foreign affiliates which can provide you with assistance worldwide, when you need it. Check whether your insurance com- pany provides 24-hour emergency hot- line service. This is important should anything go wrong while you are over- seas and need help. Read the policy exclusions carefully, as this can give you better understanding on what can prevent you from claiming from your policy. Although you are covered by travel insurance, you must always remember to do all you can to protect yourself and your belongings. You should also be extra careful when visiting out- side countries. Should anything bad happened, remember to contact the travel policy‟s medi- cal and emergency assistance hotline, notify the authorities in charge and insurance com- pany as soon as possible. Good luck and travel safely.