| Your choice of a travel insurance policy is | | | | all the details of how to make a claim. |
| probably the most important decision you will | | | | Not all travel insurance plans are created equal. |
| make in planning your holiday. You will enjoy | | | | The cost varies from company and policy to |
| peace of mind on your vacation knowing that any | | | | policy. Policies may be purchased for individual trips |
| unforeseen circumstances, such as a hospital stay | | | | or as an annual policy for all trips taken in the |
| due to sickness or accident will be taken care of. | | | | year of insurance. If you purchase an annual |
| In addition, while many travelers have health | | | | travel insurance policy, it will cover you for one |
| insurance, it sometimes does not cover them | | | | year from the start date you choose. In some |
| outside of their network or outside of the United | | | | cases, it might be your best option to purchase a |
| States. Most medical plans will not cover medical | | | | trip cancellation waiver and a third party travel |
| expenses abroad, which is why travel insurance | | | | insurance policy. |
| coverage is vital to avoid financial disaster. Always | | | | Credit card companies usually provide what is |
| check the details of your insurance coverage | | | | called travel accident insurance, which covers |
| before you travel. Additionally, with out the proper | | | | accidents but not incidents of serious illness. When |
| medical insurance, you will not have a say on | | | | you travel abroad, you should always consider |
| where you will be treated if you were in an | | | | buying insurance that includes medical care. |
| accident. | | | | If you are willing to assume a financial risk (the |
| Generally, comprehensive travel insurance policy | | | | cost of your trip), you can probably forego |
| costs 5 to 7 percent of the price of your trip. | | | | insurance for your domestic travel. Since 9/11, |
| Your policy may also provide reimbursement for | | | | many are looking to travel insurance to safeguard |
| lost luggage, some degree of medical evacuation | | | | their trip against any unforeseen terrorist attacks |
| insurance, accidental death coverage, medical | | | | at their destination. Traveling abroad without |
| expenses, personal liability, cancellation, loss of | | | | insurance can be risky and impose long-term |
| baggage and theft. Your policy should also include | | | | financial hardships if an accident or illness occurred. |