A Review On Travel Insurance – Do You Need It Or Not?
Personally I think it would be very foolish not to have some sort of travel insurance, especially if you are flying abroad. People sometimes make the mistake in thinking that their local insurance policies will cover any losses and have a big shock when they come to make a claim. Besides, if you have the right policy, it takes all the worry out of your trip.
You should always be offered insurance, by your travel agent, when you arrange your trip. If not, ask, because it will be on your own head if anything goes wrong.
A Cheap Policy or Not?
When a travel insurance policy is issued there are a number of allocations if the premium, agents commissions, administrative costs, some goes towards profit and what’s left over goes towards the actual insurance coverage. So, you can see, if it’s a cheap travel insurance policy, something is going to miss out and you can bet it will be the level of coverage.
If you buy a regular travel insurance policy, that is, you fill out a form and send it to the insuarance company with your remittance there are a lot of costs involves. A better...