There are a variety of holiday travel insurance policies
available today on the internet or the market. It is easy to get confused with
so many offers. However most holiday travel insurance policies have certain
basic benefits which are common.
Holiday travel insurance policies usually
provide coverage for:
Trip cancellation/interruptions. Trip cancellation/interruptions
due to a variety of reasons like death of an immediate family member, weather,
sudden illness, bankruptcy of airliner, jury duty, terrorist activities etc.
Medical costs. Costs incurred for doctor visits, medicines,
treatment, surgery etc and some policies even provide coverage for costs of
medical evacuation to nearest medical facility
Baggage Loss. Costs incurred for loss of baggage and valuable is
also covered by most travel insurance policies. These are especially useful when
going out for a shopping holiday for antiques, valuables, jewelry or
electronics.
All the above-mentioned costs are borne by the travel
insurance company depending upon the travel insurance policy.
Before purchasing
the policy read the fine print carefully, especially the parts covering,
deductibles, co-insurance, specific limits, exclusions, hotline numbers and
emergency services.
Purchasing a policy for a family works out cheaper.
Purchasing a policy online also works out cheaper as you do not have to pay for
the insurance agent.
