Travel insurance basics you should know – life, business, auto, health, travel and home insurance

With the growing, overwhelming number of risks and hazardous events also affecting the travel industry, there is no better time to emphasize the need for travel insurance.

What is travel insurance? What does it cover? Why is it important to buy one before your trip?

These questions and other related questions will get their worthy answers as this article covers almost all the basics of today’s travel insurance.

There are several insurance companies and products that help cushion the impact of risks and hazards associated with a particular area of ​​activity.

Travel, for example, is not exempt from the risks associated with industries and when you see the word travel insurance you already have an idea of ​​what it is about.


What is travel insurance

The short and simple answer is that travel insurance is coverage for loss and damage sustained while travelling.

It is almost certain that someone will get sick if they leave their current location and region.

Your travel insurance covers the medical costs you incur if you become ill while travelling.

Also, you can suffer losses if your flight is delayed or cancelled. Every year, both airlines and travelers lose more than $50 million.

This coverage mitigates the impact of such a loss and pays you compensation if your flight is delayed or cancelled.

Due to illness and death, it may be necessary to evacuate or repatriate a corpse. Your health insurance will fund the medical evacuation and repatriation of a body.

If something goes wrong with your luggage, your journey may not be satisfactory. You don’t have to sweat if your luggage is lost or stolen when you have travel insurance.

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In summary, whether you charter a private jet with Jettly, plan a luxury cruise or are backpacking around Europe, travel insurance is the go-to companion for your travel expeditions.

What does travel insurance cover?

Various travel insurance companies have established regulations. It is important to understand the provisions assigned by your insurance provider.

But in general, the following travel insurance policies should cover:

1. Medical Emergencies

It should handle any form of medical emergencies while you are visiting your host country or state.

Either you get sick or have an accident, as long as it is a medical emergency, you shouldn’t worry about the payment.

2. Cancellation or interruption of travel

You have all your plans ready for your trip and at the last moment it is canceled or there is a delay while you are in transit.

With both cancellations and interruptions, it is common for your insurance provider to compensate you for any losses resulting from such events.

3. Medical evacuation

Moving a body from one country to another or from one state to another is handled by your insurance company.

Reasons for evacuation can be death or critical illness. Whatever the case, your insurance provider has you covered.

4. Lost, Damaged or Stolen Baggage

This is coverage that must be included in your insurance policy. As far as I know, there is no exemption from this provision.

Whether your luggage is misplaced, stolen or damaged, you should be compensated by your insurer.

The above points are not all covered by travel insurance. They are just the basics that need to be in place.

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Make sure you go through your policy documents to understand what is covered.

You can use the services of an insurance agent or broker to help you explain aspects of the contract that you do not understand.


What is not covered by travel insurance

There are exceptions to the coverage of this insurance. Here are a few:

1. Damage due to health problems that existed before the insurance was taken out

For example, if you suffer from asthma, travel insurance will not pay compensation for damage caused by asthma.

However, if you haven’t had a seizure within the 30, 60, or 90-day waiting period set by the insurance provider, you may be entitled to compensation.

2. Losses due to mental and emotional disorders

Damage caused by a mental disorder or emotional trauma is not covered by this insurance.

Someone going insane or having to do harm because of an emotional background will not be supported by this insurance.

3. Travel for medical reasons

If the purpose of your trip is to seek medical assistance, loss or damage will not be covered by this insurance.

4. Birth Costs

For pregnant mothers, this insurance covers medical expenses in case of complications.

Birth costs are not covered. If you give birth in the destination country, you must bear the birth costs yourself.

5. Reservation and Accommodation Losses

You may lose your hotel reservation or receive double-booked accommodation.

In both cases, your insurance will not pay any claims.

Is travel insurance worth it?

The short answer is YES. Travel insurance pays off in unimaginable ways.

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No matter how careful we are about travel or airline guarantees or whatever you are, there are inevitable risks.

To mitigate the impact of these risks, having them in place is essential.



Wouldn’t you like to go on that business trip and concentrate on it undisturbed?

It’s possible to really go on vacation or vacation and fully focus on the much-needed rest your body needs.

Get travel insurance today.

Brodrick Emmanuel Ebube

Brodrick Emmanuel Ebube is the Content Manager at He works with other contributors from idea to execution. He ensures that all articles published on our blog follow international standards and are well optimized for search engines. Connect with him on Twitter – @gospelcaster_ng

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