what is travelling insurance?
-Finding a flight with the fare you want is tough enough. When you consider the taxes and surcharges, extra fees for baggage, the cost of travel to and from the airport, and an extra five bucks a pop for a bag of peanuts, the last thing you want to add to your airfare’s bottom line is travel insurance.
Then again, when you’re already spending a few hundred dollars, protecting your itinerary with affordable travel insurance could turn out to be the best fee you ever pay.
Though you may not be someone who often pays for a little peace of mind, travel insurance can help you cut your losses in many circumstances, like:Medical expenses,Loss of traveling equipment,Damage to rental properties and Trip cancellations
Is travilling insurance is a waste of my money?
-A travel insurance plan can cover you for unexpected costs incurred before or during your trip. So that costs are less likely to come out of your own pocket, a travel insurance plan can reimburse you for the pre‐paid, non‐refundable portions of a trip if you need to cancel or interrupt your trip for a covered reason. A travel insurance plan can also include medical evacuation coverage (the price of which may cost upwards $100,000) 1 and medical expense coverage, plus reimbursement for lost, damaged or stolen luggage and personal effects. Most travel insurance plans also include 24/7 assistance services to re‐book flights and hotels on your behalf and act as a personal travel assistant while you are away from home. As with all travel insurance plans, always carefully read each DOC (description of coverage) to learn the boundaries of your coverage before purchasing the plan.