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We are all well acquainted with the term insurance. We are aware of the perks that an insurance policy involves. Then very good! Because anybody who is well versed with these terminologies will know exactly what travel insurance is? And for all those who have not heard about travel insurance at all, here is a hint- Imagine, you are all excited about going to Melbourne to visit your folks, you bought them some real expensive gifts-laptop for dad, kitchen processor for mom, a make-up kit that you ordered especially from London for your sis, and a i-pod for bro wow! That is indeed, some shopping! But what happens when -(just an assumption) your airplane meets with an unfortunate accident, you are lucky enough to survive-Thank God! For that. But all your luggage is damaged you cannot even trace it in the rush...Your dreams come tumbling down and so is your money invested gets blown into ashes. It is to avoid situations like these that we run for travel insurance want to know more, read on...


What is Travel Insurance?

Travel Insurance deals with any financial loss that you incurred while travelling. It can be a leisure travel trip within the country or even outside the country. This insurance cover should be taken ideally at the time of booking your ticket for any trip work or pleasure. It can be taken for the entire period of the trip or in some cases if you wish to get into the details of the insurance cover, you can purchase the insurance policies from banks itself or other companies that professionally offer insurance cover. These institutes themselves will cover the entire duration that travel undertaken by you, while still holding up the policy, that it is still valid and has not exceeded the date of expiry.


What is covered?

There are certain common risk factors that are covered under the travel insurance policy, some of them are listed below;
  • Cancellation of the ticket at the time of travel.

  • Sometimes even in the case of delay in departure, you are entitled to travel insurance.

  • Theft of your baggages at the time of travel, lost during transit or any sort of damage caused to the personal belongings that cost money.

  • There are times when there needs to be an emergency evacuation, for some reason even then you are entitled to an insurance cover.

  • Medical expenses are paid in full too, legal assistance offered, overseas expenses for funeral incurred are covered as well.

  • In case of delay in baggage handing over to the owner and if there were any last moment replacment of old items for new, will be entitled to insurance.

  • Accidental death, any personal injury caused while travelling and it involves disabled benefit scheme too that is in the favour of the insurance policy seeker.

For more information on Travel Wise Insurance refer to our pages on:

Travelling Insurance

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