Whenever somebody sets out to plan a holiday trip with a travel agency, they hear numerous times that they utterly need travel insurance before leaving. That it will be a big mistake if they do not get the insurance, and that they are an absolute necessity for your holidays. Is all this really true?
The first type of travel insurance an agent will try to sell you is health insurance. It is highly important that you find out if you really need it. Many insurance companies will insure you on other countries. In addition, there are some countries that have special health coverage agreements.
For example, in Europe there is a form called E111. If you fill out this form before traveling, you will be eligible to receive health coverage in any… Continue reading
There is nothing quite as lovely as holidaying with your family. You take your annual leave, your darling children are cheerful during their school holidays, and it is summer. Everything is perfect, except for just one thing: the mother-in-law will be joining you. For many, the mere thought of such a possibility is nothing short of horrific, but year after year, people continue to make the mistake of holidaying with the in-laws, with disastrous consequences. Given the extremely high propensity for these holidays to go horribly wrong, purchasing family travel insurance before you go is of the utmost importance.
Here are 5 reasons to purchase family holiday insurance when going away with the mother-in-law:
#1 She will blame you if you don’t purchase family travel insurance
There is a great variety of health insurance options available to suit your health care needs. Depending on the expanse of the coverage and benefits, the cost also differs accordingly. Here is a short discussion on basic types available for you to choose from:
*Catastrophic health insurance: This type of insurance is intended for protection against catastrophe. Although it comes with a low monthly premium, this one offers high deductibles.
*Short-term health insurance: This type of insurance is purchased to cover a specific period of time and depending on its coverage, the cost can be affordable to expensive.
*Full-service health insurance: This is the most comprehensive type of health insurances as it cover all types of illnesses, allow you to get treatment regardless of where you are in the… Continue reading
Let’s go old-school for a little while. We know what a modern day review is. Somebody who acts like they are an expert gives us their opinion. For this travel insurance review, we’re thinking back to the days when the facts were presented and we made our own opinions.
Did you know that travel insurance even existed? I’ll be honest and say that I didn’t know about it until a year ago. It makes sense doesn’t it? We have to invest thousands of dollars in to vacations and those plans have to be made months if not years before we leave.
What happens if life happens? What happens if we get sick or injured? What happens if a company that is key to our travel plans goes out of business? There are… Continue reading
Travel insurance is a form of limited or special situation insurance that covers loss arising from a specific event. This could be flying in an airplane or riding in a train. The policies are based on the behavior of a group of individuals engaged in an activity and the likelihood that a loss will occur.
Travel insurance is rated based on the occurrence of a loss as it affects a group of common interest, such as airline passengers. This differs from individual coverage, which rates the risk of loss occurring based on the personal preferences and habits of the insured. It would be difficult to use individual underwriting standards such as age and health status to travel insurance since not everybody flies in an airplane.
Group insurance factors in the community experience… Continue reading