Travel insurance is a necessity to protect
yourself and family members from unexpected
circumstances during your travel.
What kind of losses can you claim from your travel insurance?
The coverage and limitations under the policy vary depending on the
insurance company. Here are some of the benefits offered in most travel
Failing sick while travelling can be a very scary andexpensive experience. In case of accident or illness, hospitalisation,
medical and surgical expenses and outpatient medical expenses are
payable under this benefit.
Some policies provide a daily allowance up to a certain number of days if
you are hospitalised for more than 24 hours.
Compensation is paid in the event of death and permanent total
disablement due to an accident. The compensation is paid based on a
scale of benefits.
Emergency Medical Evacuation/Transportation:
and emergency transportation can be very costly but in some cases are
unavoidable e.g. when the illness is serious and medical attention is not
available in that country. Travel insurers normally tie up with international
companies providing these services to provide for evacuation, with
medical supervision, to the nearest facilities that is able to provide the
proper care for an accident or illness.
In case of death, reimbursement will be made to the legalrepresentative for the cost of transporting the remains home.
This benefit provides reimbursement for the expenses
incurred if flight or voyage is delayed for more than a spectied number of
hours due to reasons beyond your control.
Policies generally cover nonrefundable payments or deposits if your trip
is cancelled or interrupted due to unforeseen and unavoidable
circumstances. For example, insurers will rely on warnings issued by the
government with regard to travel restrictions due to national safety
Loss of Luggage & Personal Effects:
This benefit covers loss, damage or delay of your baggage, clothing, personal effects and money caused
by a carrier There are usually limits to the claims payable for such losses and these
are always specified in the policy.
In the event of theft or accidental destruction of
your passport and/or travel tickets, you will be reimbursed the
replacement cost and the additional accommodation and travel expenses incurred while you are
waiting for replacements. You must report the loss to the police within 24
Although hijackings are not so frequent nowadays due to
enhanced security your insurance will provide for specified daily benefits
up to a certain number of days I your travel is disrupted due to a
hijacking of your plane.
Travel Tips - How to aviod travel scams