A lot has been written and discussed about various types of insurance, ranging from personal liability to industrial and commercial lines. However, very little has been said of Travel Insurance and yet many of us are frequent travelers either due to the nature of our work or family connections
I will discuss some of the benefits offered by this insurance. Travel insurance is a must have for all travelers, whether on business or otherwise. The benefits under this policy address a wide range of events and accidents that do usually befall many a traveler.
Accident and Illness
It is not un usual for one to fall sick or to be involved in an accident while abroad. The travel insurance would cover your medical treatment arising from any sudden illness or accident while abroad.
Theft or Loss of Baggage
Many a time, travelers arrive at their destinations only to find their baggage missing, this insurance takes care
of such misfortunes and once it is established that indeed your luggage is either stolen or missing, you the traveler
become entitled to a reasonable sum to enable you to replace personal effects like clothing, toiletries and the like as
usually carried in personal baggage.
Delayed or Cancelled Flights
This policy compensates the traveler for expenses incurred due to delayed or cancelled flights connections, thus such expenses like transport to and from the air port, hotel accommodation or alternative means are taken care of.
You may have planned your trip to last a couple of weeks, a month or more, but due to an emergency like the death or serious illness of a dear one, you may have to change all that and cut short your plans requiring you to fly back earlier. Your travel insurance will take care of such incidents.
On the other hand, you the policy holder may need to be evacuated as a matter of urgency for further medical treatment, again this insurance would meet the costs of this evacuation.
Having taken in all the above, I am sure you are now about to ask the question: ‘How much does it cost?’
The general feeling out there is that insurance is expensive. This is not so, for this cover would cost you in the region of US $5 each day of your travel and the upper limit of benefits could be as much as US $50,000.= Come talk to us before that trip abroad.