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Finance Information   »»  Travel Insurance

Travel insurance is that insurance that is intended to cover financial and other losses incurred while travelling, either within one's country, or internationally.
    Travel insurance can usually be arranged at the time of booking of a trip to cover exactly the duration of that trip or a more extensive, continuous insurance can be purchased from(most often) travel agents, travel insurance companies or directly from travel suppliers such as cruiselines or tour operators.

common risks covered by travel insurance

  1. Cancellation
  2. Curtailment
  3. Delayed departure
  4. Loss, theft or damage to personal possessions and money (including travel documents)
  5. Delayed baggage (and emergency replacement of essential items)
  6. Medical expenses
  7. Emergency evacuation/repatriation
  8. Overseas funeral expenses
  9. Accidental death, injury or disablement benefit
  10. Legal assistance
  11. Personal liability and rental car damage excess

travel policies provide additional costs

    Some travel policies will also provide cover for additional costs, although these vary widely between providers. And in addition, often separate insurance can be purchased for specific costs such as: