What is Travel insurance?

• Travel insurance covers the incidents that may occur during a trip, from its cancellation to the loss of luggage and many more coverage.
• You can hire a policy for a specific trip, for one of long duration and even for several that will be made in a year.

During trips, whether on vacation or for work reasons, the risks multiply. The user may miss the flight, the luggage, get sick or even be forced to cancel the flight or the hotel. Making the reservation of the accommodation or of the transport without a travel insurance that covers it can have as a consequence the loss of the amount paid if it is finally necessary to cancel it or if the airport is not reached at the precise time, for example. In addition, when the destination is outside the borders of the country itself, vacations can multiply their cost if, while there, the traveler becomes ill and requires healthcare, extend the days of stay due to the inability to travel or even return to their country of urgency

To cover all these circumstances, and many others, insurance companies offer citizens the possibility of contracting specific policies that guarantee their safety and well-being when they are away. Travel insurance is not mandatory, but it is recommendable because it covers the risks that surround stays outside the home.

Travel insurance

Travel insurance is an insurance product that allows the user to travel safely and carefree in order to enjoy it. They offer coverage throughout the world so that the displacements do not prevent the user from enjoying the best assistance and protection.

Their guarantees are adapted to their duration as well as to the chosen place of destination or to the purpose of travel. It can include a wide variety of benefits, among which are the possibility of canceling or interrupting the trip, receiving emergency medical assistance or not having to face the medical expenses that may be needed throughout the stay. Thus, this insurance covers the previous risks but also the unforeseen that may occur in the enjoyment thereof.

Hire an insurance to enjoy the trip

Traveling always carries risks, and more if it is done abroad. Some credit and debit cards offer insurance coverage that can be applied to them and even some health insurances have coverage abroad. In addition, public transport has Compulsory Travel Insurance, but hiring a specific policy extends the user’s protection.

These policies are usually contracted for the determined duration of the trip, but there is the possibility to subscribe them for a longer time depending on the user’s needs and even opt for an annual coverage. The guarantees are decided by the insured to select the ones that suit him best and are adapted to his specific case and choose the best travel insurance for him.

Information about the trip

Travel insurance offers many possibilities. For example, specific protection can be obtained according to the duration of the trip or the reason for it. In addition, depending on the number of people who will do it, the companies offer the possibility of covering several travelers or groups of more than more than 10 people in the same policy.

Reason for the displacement

The reason for the trip is one of the points that insurers use to make categories among their Travel insurances and thus be able to adapt the coverage to the specific case. So, depending on whether it’s a vacation, a cruise, a study trip, a business trip, or a skiing break, the insurance can include ski pass reimbursement, ski lessons and runway relief costs. , until the substitution of employees in the case of companies. Within each of the reasons for the trip it is possible to make the insurance from the duration of the trip.

Travel time

Depending on how long it will last, insurers offer different products. When it is a few days or a few weeks, the Travel insurance is contracted. But when what is desired is a single insurance for several trips it is possible to subscribe an annual coverage that protects the insured of the incidents that may occur in all those that he / she carries out during that year, as long as each one of them has a duration less than 3 months You can also hire travel insurance for a long stay abroad, which can be up to one year. The difference between them is in the term of coverage, and therefore in the price, but also in some of the guarantees included, although these depend directly on the insurer.