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There multiple benefits of travel insurance policy, for example, tax benefits, assistance when the policyholder meets any unfortunate events outside the country and much more. Before buying any types of insurance plan make sure you are aware of some important information related to the policy.
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Travel insurance plan is a kind of insurance that provides coverage within and outside the country. These plans offer protection against different types of unfortunate events like accident, terrorist attack, trips cancellation or delay, loss of baggage or passport or medical emergency. Read the details of coverage offered under travel insurance policy:- Trip Cancellation or Delay The policy provides coverage against the expenses incurred due to trip cancellation or delay caused by accident, medical emergency, and terrorist attack. The insurer bears the cost of the accommodation and flight charges in case your flight is cancelled or delayed for more than 24 hours.
Loss of Baggage of Passport In case the policyholder lost or misplaces the baggage or any other important documents. The policy provides assistance to find the lost belongings and also provides financial assistance. Medical Emergency It covers the medical expenses incurred due to any unfortunate events like an accident, sudden illness. Some travel insurance policy also covers the cost for the treatment of critical illness. This is one of the best coverage provided under travel insurance plan that it covers the cost of medical treatment outside the country.
Also travel insurance covers many more things. It also helps in tax. It makes you financial stable under unforeseen happening. Read the full story here : http://travelinsurance1.kinja.com/why-should-you-buy-travel-insurance-what-are-the-benef-1784687395
