When travelling for holiday or business, a minor sickness or accident can lead to a major expense.Whether your plans include a trip outside or inside your country, having travel insurance will go a long way to ensure you enjoy your time away.

It can be arranged at the time of booking either to cover the exact duration of the trip or an unlimited number of trips within a set time otherwise referred to as a multi-trip policy. Some insurance policies offer lower and higher medical-expense options; the higher ones are mainly for countries with high medical costs, such as the United States.

Don’t forget that it is compulsory to obtain travel insurance before visiting any Schengen country as it is one of the main criteria at the embassy. Travel Insurance covers medical, financial, and other losses incurred while travelling outside the country of residence. It also covers all travelers going for holiday and business purposes in the event of accidents, sickness, or property loss. It provides cover for travelers up to the age of 70. So, whatever destination you are going to and regardless of the airline you are flying, you have to insure your trip.

What you stand to gain when you buy travel insurance

● Medical Expenses: It covers any medical treatment you require during your visit or stay in a particular country and also any emergency repatriation costs if you’re not feeling too well to travel home. It will also cover any unexpected or unforeseen expenses.

● Trip cancellation expenses: A travel insurance plan helps you save some of your money should you cancel your trip but you have to get yourself covered properly from the point of the planning process.

● Recoveries: With travel insurance you can recover your loss or stolen items.

● Death: If an accident occurs, the insurance policy will cover the sum for that eventuality, provided you are covered by it.