InvestorQ : What is travel insurance?
priya Shah made post

What is travel insurance?

Rishita Das answered.
3 years ago
With Indians traveling abroad more frequently these days, travel insurance has become a widely-searched topic on the internet.
Like we take health insurance and vehicle insurance, travel insurance helps us protects ourselves, our families and even our luggage from any unfortunate eventuality.
While the details and what all is covered varies from one company to another, most travel insurance policies cover various costs such as:
- Medical expense
- Cancellation of trip
- Luggage getting lost
- Accident of flight
- Passport getting lost
No one can predict what will happen and what won’t. But you don’t want to take any risk for sure when you’re travelling to an unfamiliar area- be it domestic or international.