Thursday, April 9, 2009

Travel Medical Insurance And Vacation Insurance

Misconceptions about travel insurance abound, especially with a lot of people thinking that it's a mere moneymaking scheme for the airlines and travel agencies. This kind of thinking is presumptuous and fails to look at the potential benefits to be had from a travel insurance policy. Contrary to the propaganda, travel insurance was a scheme designed to benefit you in particular.

Traveler Troubles

If you'd take the time to inspect the coverage of an average travel insurance plan, you'd notice that most of the benefits address very common problems that travelers face. Take, for example, a flight that you have to cancel on short notice because of an emergency. Ordinarily, you would have forfeited your fare to the airline company, as their ‘fare waivers' are next to impossible to get. With a travel insurance policy, the insurance company reimburses the ticket, so you end up with a zero net loss.

No comments:

Post a Comment