Importance of Overseas Travel Insurance
Baggage Loss Loss of baggage or passport on the trip is the most common trouble people face while travelling overseas. This is the time when the overseas travel insurance policy can help you greatly. It may not reimburse for everything that was in your bag, but it will certainly cover some of your valuable belongings, thus keeping you at peace.
Trip Cancellation Traveling anywhere involves unplanned expenditure, which is often non-refundable. In case of trip cancellation due to injury, sickness, a close relative dying,etc., an overseas travel policy that deals with trip cancelation and interruption (TCI) reimburse you to compensate for the non-refundable payments you made for the trip.
Emergency Medical Evacuation An overseas travel insurance policy with emergency medical evacuation coverage will cover you in case of any medical emergency .
Accidental death/injury Similar to being covered for your health while traveling, make sure that your travel policy covers for an injury that you might face due to an accident. An overseas travel policy lower your burden financially by paying a fixed predecided amount in case of death.
If you are willing to buy an oversease travel insurance, you may contact HDFC ERGO at https://www.hdfcergo.com
Source: http://www.articlesbase.com/insurance-articles/4-situations-when-you-badly-need-