17 Jun 2014 by Olga Brighton
Travelling in summer could rank as one of the most anticipated events for you this year. But as Murphy’s law suggests, even the best-laid plans can go awry sometimes. Your vacation could be cut short by sickness, or a political crisis in the country you are visiting. Thus it pays to have travel insurance so you can get compensated in case something wrong happens during or before your trip.
One of the most important travel insurance coverage policies you must have is trip cancellation. In this type of insurance, you will get reimbursement for the non-refundable portions of your trip. This insurance will shield you against losses in case you have to cancel your holiday due to reasons like sickness or death in your family, or home emergencies like floods back home.
There is also the risk that you’ll miss your connecting flight, causing you to miss the departure of the cruise. When this happens, you will have to worry about shelling out money to catch up to the ship. However, you won’t need to be anxious with these concerns if you have missed connection coverage. This type of insurance will allow you to pay towards travel changes.
Or you could get injured or sick during your trip. You may have been dreaming of climbing Machu Picchu since you were young, but stomach-aches and high fever may get in the way of your plans. If you have medical travel insurance, you need not worry about paying a lot for your medical bills. Your insurer can also assist you in finding a good medical facility in Peru where you can recuperate.
It is common for tourists to lose their baggage, or even to experience delayed delivery of their belongings. You can relax even if this happens to you as long as you have delayed baggage coverage. The policy will not only reimburse the amount for essential things you need for your trip.