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Date Created: 12/21/15
Travel Insurance is insurance that is intended to cover medical expenses financial default of travel suppliers and other M incurred while traveling either within one39s own country or internationally Temporary travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip or a quotmultitripquot policy can cover an unlimited number of trips within a set time frame Coverage varies and can be purchased to include higher risk items such as quotwinter sportsquot Coverage types The most common risks that are covered by travel insurance plans are Medical emergency accident or sickness Emergency evacuation Repatriation of remains o Return of a minor Trip cancellation o Trip interruption Visitor health insurance Accidental death injury or disablement benefit Overseas funeral expenses Lost stolen or damaged baggage personal effects or travel documents Delayed baggage and emergency replacement of essential items Flight connection was missed due to airline schedule Travel delays due to weather HiJacking Medical Expenses coverage can be Per Occurrence or Maximum Limit Optional coverage Some travel policies will also provide cover for additional costs although these vary widely between providers In addition often separate insurance can be purchased for specific costs such as Preexisting conditions eg asthma diabetes Sports with an element of risk eg skiing scuba diving Travel to high risk countries eg due to war natural disasters or acts of terrorism Additional ADampD coverage 3rd party supplier insolvency eg the hotel or airline to which you made non refundable prepayments has gone into administration Acute onset of preexisting conditions This term is very different from Pre existing conditions It means a sudden and unexpected occurrence of pre existing medical conditions without any prior warning from a medical professional Travel insurance companies especially in USA do not offer coverage for preexisting coverage but they do offer coverage for acute onset of preexisting conditions If you have preexisting conditions make sure to get this coverage to protect yourself against any emergency situation that arises due to preexisting conditions in spite of taking care Common exclusions Preexisting medical conditions but a lot of companies now cover for quotacute onset of preexisting conditionsquot War or terrorism but some plans may cover this risk and some do cover for acts of terrorism Injury or illness caused by alcohol or drug use Usually the insurers cover pregnancy related expenses if the travel occurs within the first trimester After that insurance coverage varies from insurer to insurer Travel insurance can also provide helpful services often 24 hours a day 7 days a week that can include concierge services and emergency travel assistance
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