Is Travel Insurance A Necessity In Overseas Travel?
Posted on | December 28, 2009 | 9 Comments
Are you planning an overseas travel? If yes, a constant debate running through your mind would be, to purchase travel insurance or not
In the current situation of recession, a traveler may be tempted to skip travel insurance to save even that little amount of money. It is understandable that one wants to cut corners and not shell out extra money.>
This brief article provides you with valuable insights when it comes to deciding whether or not you should buy travel insurance before you start your travel
- Medical Expenses: Medical treatment abroad is very expensive. At least 10 times your home country! In an unfortunate event of an accident or sickness, requiring urgent medical attention, Travel Insurance comes very handy. Moreover, payment of hospitalization charges in foreign currency (Euros, Dollars) could mean a drain on your time to arrange for funds. The convenience of having cashless hospitalization provided by affiliated service providers ensures you financial independence.
- Financial Emergency Assistance: You may land up being mugged or robbed in a foreign country left with no money to carry on your trip. A Travel insurance policy extends financial assistance, up to the limits specified under the travel policy.
- Trip cancellation: There can be various unavoidable reasons which may require a trip to be cancelled like death, serious injury, illness of Insured or family members. You may lose money paid towards airline tickets, hotel bookings etc which are non refundable. A travel insurance policy will provide you a cover for the same
- Loss or delay of Checked Baggage: Compensation is paid for the permanent loss of checked-in baggage. Also pays compensation for reasonable expenses incurred for the purchase of toiletries, clothing and medication due to delay of checked-in baggage for over 12 hours.
Much other coverage like loss of passport, hotel accommodation, and hijack distress allowance can be included in your travel policy.
There are many companies which offer travel insurance but there is more then one reason why you should select HDFC ERGO which focuses on right insurance solution for all with its variety of travel plans like gold, silver, etc. to suit your requirements.
Read about travel insurance at our site http://www.hdfcergo.com to get more information before you start your overseas travel. You can even buy travel insurance in just 3 easy clicks without any health check-ups & paperwork.
Related posts:
- Cheap Travel Insurance Is Better Than No Travel Insurance Coverage
- How To Find The Best Travel Insurance Cover Online
- Travel Insurance in a Package: Csa and Hth Travel Insurance
- MAKE YOUR TRAVEL WORRY FREE WITH TRAVEL INSURANCE
- Cosmetic Surgery and Travel Insurance Don’t Mix
- How Purchasing Travel Insurance Can Help You Save Money
- Business travel insurance for the overseas businessman
- Travel Insurance Advice: Being Uninsured Could Really End up Costing
- Holidays where cheap travel insurance is a MUST
- Getting the right travel insurance for your Easter break
Comments
9 Responses to “Is Travel Insurance A Necessity In Overseas Travel?”
Leave a Reply
December 28th, 2009 @ 10:02 am
I think that you will find a great deal on Moneysupermarket.com thats where I got my travel insurance, and they actually had to pay out on my policy as I ended up in a French hospital.
My insurance was about 40pounds, and it was for annual insurance! I think from memory you could go away for up to 94 days at a time, or 17days at a time if you included winter sports.
Hope this helps – just remember to read the small print about how many consecutive days away from the UK you are covered for! Happy Travels!
December 28th, 2009 @ 11:24 am
Try this site for a quick quote on travel medical insurance. TravelEx allows for pre-existing conditions. —> http://www.travelex-insurance.com/index.asp?location=07-0018
December 29th, 2009 @ 2:22 am
Here are some links-
I had a similar situation- I was living in the Caymans Islands, no longer a Canadian resident, and wanted to travel for the summer. But every policy required that Canadian citizens be insured in their home privince, which I no longer have as non-resident. IMG was the only one I found, but as you DO have Canadian insurance, this will be easy for you. There are lots of short-term plans.
https://www.imglobal.com/travelinsurance/index.cfm?show=&&CFID=1718830&CFTOKEN=d9392e2d0226f2d2-EC75C061-1143-EBE5-76B31862584AA777
http://www.internationalsos.com,
http://www.travelexinsurance.com,
http://www.ijet.com,
http://www.travelassistance.com,
http://www.wallach.com,
http://www.travelguard.com,
http://www.independenttraveler.com/resources/article.cfm?AID=48&category=8,
http://www.ricksteves.com/plan/tips/insurance.htm.
December 29th, 2009 @ 10:57 am
It could very well be true. Although they are different countries to where you are, we are in the UK and when we book to go to Ireland the company we book with insists on having our insurance details. Besides, as the first answerer says…they would be daft to travel without it as the cost of treatment is far more than the cost of the insurance. Accidents do happen…believe me, I broke an elbow last year, and a few weeks after that was healed I broke my foot…if I had been abroad I would have been in sh*t street without insurance!
December 29th, 2009 @ 3:22 pm
There are some good travel insurance companies. Get ones that pay your expenses or pay you in cash. Dont get ones that make you take another trip or give you a voucher to travel again with them.
I only buy insurance if the trip is WAY more than I can afford to lose.
Read the fine print of the policies before you purchase.
December 29th, 2009 @ 4:34 pm
December 29th, 2009 @ 6:17 pm
You can get a refund if your insurance covers illness as a reason for cancellation. Different policies cover different contingencies. The way you would prove illness is by a note from your physician.
InsureMyTrip.com is one site that has comparisons among policies. I'm sure there are others.
December 29th, 2009 @ 10:25 pm
Checkout their theft rider, and the link for a free quote. http://www.travelex-insurance.com/index.asp?location=07-0018
December 30th, 2009 @ 10:02 am
healthquotes.awardspace.info – here is my health insurance plan. As I remember they can provide such a service.