• 30
  Jul
  2009

• Ten reasons why individuals who bought international travel insurance were not disappointed

  
  Filed Under: Blogging
  0 comments, add yours

People generally give adequate importance for life insurance, auto insurance and home insurance. But they are generally hesitant about spending a few hundred dollars to insure their travel though the risks are many. The following were some scenarios that many insured were glad that they did not skip buying a suitable international travel insurance plan

10. sickness of the insured or family member which results in cancellation of the trip

9. Need for medical evacuation due to some accidents

8. Inadequate coverage provided by Medicare in a foreign country where immediate medical help was required

7. Loss of personal belongings, stolen documents, theft of cash or cheque

6. Flight interruption or delay where you are forced to stay in a hotel accommodation

5. Tourist operator goes bankrupt and does not provide the service any more

4. Planning to visit a foreign land as a tourist or for business purposes which involves a lot of risks during the stay overseas.

3. You have visitors from other countries who are planning to stay for a short while. Any medical emergency arising during this scenario could be expensive.

2. Cancellation of trips due to some personal emergency or external

1. 24 hour assistance in case of emergencies especially during a visit to a foreign land

• 30
  Jul
  2009

• Trip Cancellation benefits through travel insurance

  
  Filed Under: Blogging
  0 comments, add yours

None of us worry much about the possibilities of cancellation of a well-planned vacation, though it is surely not nil. We start planning on a positive note and if the trip gets cancelled due to some personal emergency, health disorders, weather conditions or forecast warnings at the destination, then one is forced to cancel the trip. The expenses incurred in this condition are huge in addition to disappointment. Under these circumstances, trip cancellation insurance is the ideal answer. This insurance covers all the pre-paid costs of the trip that has been planned during the travel.

Most of the individuals skip this insurance thinking that they would be able to ideally start at the planned date and also that none of their family members would fall sick. This is only an assumption and not a reality.

Trip cancellation insurance comes into play even if the travel agency goes bankrupt! Though the possibilities seem bleak, in the current economic scenario which is highly volatile, the occurrence of any event seems unimaginable!

Generally, trip cancellation benefits are huge in the case of family insurance or group insurance where many people are involved. Especially, if the group is compelled to return earlier than planned due to one or more of its members falling sick at the destination, the recovery of financial loss would be high.