What does a travel insurance cover?

When traveling on vacation one needs to be totally carefree to really enjoy the trip. But, anything can happen to play spoilsport: an accident, a medical emergency or an unfortunate event that forces you to cut back on that fascinating holiday. To make matters worse, the unexpected expenses that comes with such an eventuality for which you may not have planned. This is why travel insurance is so important.

Many people believe that since they enjoy good health normally, health insurance while traveling abroad can be dispensed with. This is fallacious thinking as anything can happen during your trip. You could fall sick or get injured and need urgent hospitalization locally or immediate evacuation to your home country for treatment. The trauma of not having enough money readily would be terrible.

With the right travel insurance you need not undergo such a trauma. Now, what is the right travel insurance? An insurance that covers most eventualities and is flexible and affordable should be the right choice. Remember, pre-existing medical conditions could restrict the insurance coverage. You must factor in these limitations when you check and compare the different travel insurance plans.

Some insurance providers may not cover existing medical conditions or high risk activities while others may set some conditions to provide cover. Generally, force majeure, substance and alcohol abuse causes, suicides or self-inflicted injuries, are excluded from any coverage.
One must always opt for emergency medical insurance coverage which should also include providing air ambulance services, when traveling to countries which are rated low in health care and where you could encounter language difficulties.
It is advisable to carry a copy of your medical records while traveling abroad, in case of a medical emergency that may require an evacuation to your home country. Canadian insurance companies provide 24-hour customer service assistance, if you are insured with them, even if you are a foreigner.
There are a number of covers available for overseas travel. There is the Insolvency Cover. The Third Party Supplier Insolvency is when you can put in claims as your travel plans were disrupted because one of the companies who were your suppliers, became insolvent.
This kind of insurance cover is important as many people are booking their own tickets online and not through a tour agent. Be sure to read the terms and conditions properly because many of the travel insurance policies don’t cover insolvency.
If you are travelling to trouble spots then you should also opt for terrorism cover which would protect you against terrorism, war or hostilities.
Planning a fairy tale wedding overseas? Make sure that your travel insurance includes wedding cover. Some insurers will add wedding cover to the standard policy which will cover the wedding attire, gifts and photography.