Thursday, September 1, 2011

Travel Insurance

For frequent travelers, investing in travel insurance can be extremely beneficial. The most common type of travel insurance is trip cancellation/interruption coverage. In the event that you cannot make a flight, whether due to illness, death, weather or government duty (military or jury duty), you can get the cost of your travel refunded to you from the insurance company. If, before your trip, your government issues a warning about the country you will be traveling to, this type of insurance policy will often refund the cost of the trip.

Travel insurance can also be useful for medical emergencies. Many health insurance companies only cover care in a specific area. If you're traveling and have a medical emergency, travel insurance may pay for what your usual health insurance company will not. Travel insurance ranges from very basic, cheap packages that are good for a single trip to more comprehensive packages for frequent travelers. Insuring your trip before you leave can save you a great deal of money and protect you in emergency situations.

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