Travel insurance is the basic need if you are going abroad. Because you do not what will happen next with you. So for safer side you should insure yourself while travelling.
Actually, single premium policies can be called as pre-paid insurance policies, where premias are paid one time and the policy holder need not to pay any further premia till maturity.
There are several reasons why this is a good idea. Travel insurance is particularly important for international travel, but some of the following reasons may apply to domestic travel as well.
1) Your medical insurance may not cover you if you get sick or have an accident in a foreign country.
2) If you have spent a lot of money planning a trip and get sick, or have a family member get sick or die, or many of other reasons that could stop you from making the trip, then that money won't be lost.
3) If you get stuck somewhere due to weather conditions then the travel insurance will cover your expenses for hotel, car, food, etc.
4) If your luggage gets lost or destroyed and is not completely covered by the airline or other transportation provider, your travel insurance may cover the rest.
5) If you miss a connection, then your travel insurance may cover the costs of alternate flights or other associated expenses.
Out on a holiday? It's a smart idea to get insured. Some reliable and budget friendly travel insurance companies include Travel Guard, Travelex Insurance Services, and Travel Insured International. Travel Guard is lenient about cancellations, Travelex caters to those with pre-existing medical conditions, and Travel Insured International is best for those who rent cars and want high baggage coverage.
Travel insurance costs 4-8% of the total trip cost. Trip cost, trip length, and age of travelers are the main pricing factors. Upgrades and add ons greatly influence price.
Seniors can contact International Travel Insurance to inquire about travel insurance. It is also recommended for seniors to contact their own medical insurance companies to see what is available.
The requirements for being a licensed seller of travel insurance vary by State. You should check with your State's Insurance Commission for what is needed for your State.
Depends on how much and what you eat I guess!
"That depends on what kind of travel insurance policy you are refering to. There are insurance policies you can buy that cover medical attention. Many times you must pay ""out of pocket"" but the policy will reimburse you. Check all the details of a policy before you make your purchase so you will get the coverage you think you may need."
"Saga Travel is located in Hartford WI,52 North Main St. 53027-1532 U.S.A. Saga is a travel Insurance for seniors, and are also in the U.K. and Europe."
Travel insurance is an important thing to have while backpacking in Europe. Such a trip has many inherent dangers, like natural disaster, theft, or delays in travel.
Travel Insurance is highly recommended going anywhere. Who knows what could happen on a trip. It's better to be prepared, and it doesn't matter if you're traveling to Europe, Asia or Australia.