What are the Losses Travel Insurance Covers!!!
Posted on | December 18, 2009 | 9 Comments
Travel insurance implies the coverage for pitfalls associated with travel. This type of insurance is intended to cover financial and other losses incurred at the time traveling. The losses may be incurred in a domestic or an international level. Broadly travel insurance coverage can be classified under the following heads:
Cancellation of a trip
Very often it happens like this that the traveler must cancel the trip because of unforeseen circumstances. It may be physical illness or any such emergency. Now, if the holiday package is already bought then he must have to face a big financial loss. It is under such circumstances travel insurance works like a savior.
Interruption during the trip
This type of travel insurance covers the damages occurred due to trip interruption. In the event a trip is interrupted because of illness or the booked hotel ceases to continue to operate or any other such occurrences, the traveler shall face a financial loss. However, if the trip is insured then he can avoid this loss.
Loss of luggage or other valuables
Since the work of a traveler is to move from here and there, he may lose his luggage or other such expensive possessions during his journey. To cover the financial damage incurred because of the inconvenience resulted from the loss of luggage one can go for travel insurance.
Default Protection
It may happen that a trip is cancelled because a carrier or tour operator is no longer in business. In this case the person who will be in the receiving end is the traveler. However, travel insurance will help him recover the losses he incurs due to the cancellation of the trip.
Other types of losses
In addition to the above, travel insurance covers delayed departure, emergency replacement of essential items, medical expenses, accidental death, injury or disablement benefit, personal liability and rental car damage, legal assistance, loss of income, high risk sports like skiing, scuba-diving, travel to high risk countries etc.
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9 Responses to “What are the Losses Travel Insurance Covers!!!”
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December 18th, 2009 @ 10:39 am
I suppose it depends who you buy your insurance from, different companies cover different things. I believe th company I use for my trips cover theft, but you have to file a police report and use that as proof. Otherwise, they really have no way of telling what really happened.
December 18th, 2009 @ 10:40 am
$200 is cheaper than you'll find anywhere else. There's a REASON why it's expensive to cover expensive items when they travel overseas – there's a REALLY HIGH RISK OF THEFT.
If you're looking for $20 coverage, it's not there.
If you NEED to insure the item, then pay the $200.
December 18th, 2009 @ 3:41 pm
Unfortunately, travel insurance usually only covers a loss by a common carrier (airplane, bus, etc)
It probably wont be covered… but give them a call.
December 18th, 2009 @ 8:11 pm
ask your credit provider.
if they do you have been saved, go and buy a lotto ticket. if not, then stiff sh1t
December 18th, 2009 @ 9:24 pm
That would be correct. It's essentially saying that they'll cover it unless the damage occurred while you were actually using the equipment. (For example, if your golf clubs are broken on the flight, they'll be covered, but if you break it during your round, it won't be.)
December 19th, 2009 @ 9:19 am
If you had an unforseen pregnancy complication – like toxemia, they'd pay, IF IF IF the high blood pressure wasn't pre-existing, which it probably was.
If the BABY comes early, the BABY flat out isn't covered. Only the TRAVELER is covered, and usually only for ACCIDENTS.
Travel insurance is NOTORIOUS for not paying for "health" issues. It's intended, for a broken ankle kinda thing. NOT for, oh, you had a heart attack because you're overweight and had high cholesterol.
December 20th, 2009 @ 12:18 am
Travel insurance can cover trip cancellation, trip interruption or travel delays.
Here's a great page for you to learn about Bad Weather and Natural Disaster Coverage:
http://tripinsurancestore.com/3/bad-weather.shtml
Steve
December 20th, 2009 @ 3:38 am
Food for thought:
I would try saying either San Diego, California, or San Diego, USA. (Then you won't tick off anyone from Canada or Mexico which are also part of North America.)
I have not heard of anyone ever using travel insurance for being a student. I thought it was for booked vacations.
Loss of luggage is $2300 for a lost bag from the airlines themselves.
Also I have heard of people having a lot of trouble collecting anything from travel insurance.
December 21st, 2009 @ 4:47 pm
Move in, change your address with the post office.
I have a friend who works on a cruise ship half of every month. When she is gone her place is unoccupied. She had a fire and it was covered.