The sole reason of purchasing travel insurance is to minimise the financial risks that may arise, as a result of an unexpected accident. A travel insurance policy is intended to cover certain factors like accidents, illness, missed flights, cancelled tours, lost baggage, theft and other unpredictable factors. These policies provide cover either within one’s own country or internationally.

Each traveller’s premium varies based on the state of health, the value of their luggage, the destination they plan on visiting and the dependability the tour company and the airline, they are to use. An overseas travel insurance plan, is a must have in case of international travel. There are many problems that could occur out of the blue, for these same reasons travel insurance is a must. Some of the biggest concerns which travel insurance covers are listed below:

1. Trip-Cancellation or Interruption

An international trip is extremely expensive. However, many a times there is a need to cancel or postpone the same. In these cases, one may stand to lose a significant amount of money. This inconvenience can be avoided with a well-rounded insurance policy.

2. Medical emergency

Accidents are unpredictable and in case one was to occur during the trip, the costs for treatments will be through the roof. Thus, it is best to be well protected against the same. Before buying a special medical insurance policy for the trip, check whether the existing health plan covers treatments overseas.

3. Unexpected Evacuation

This covers the entire cost of transport and getting proper treatment in the event of an emergency evacuation. This service is not usually covered by regular medical-insurance plans. Thus, it is an added benefit and one which may be required.

4. Loss of Baggage

This is specifically in case your luggage is lost, delayed or damaged in any way. Baggage insurance makes sure you get a proper reimbursement in case of loss of items like jewellery, eyewear, electronics, and anything you may be carrying as luggage.