Travel Insurance

Why do I need Travel Insurance?
One usually travels abroad for various reasons- a pleasure trip, a business trip, a study trip etc. You do not want anything to ruin your hard earned holiday, foreign study or your crucial business meeting. But there is a possibility of some unexpected occurrence no matter how perfect the planning is. Unfortunate events such as baggage loss, passport loss, a medical emergency or an accident can affect you. Having Overseas Travel Insurance protects you from all such perils. It ensures that in the unknown foreign land. You are not left stranded in any kind of an emergency.

What is a TPA?
TPA stands for Third Party Administrator. The most essential service they provide is cashless medical services. They also provide the necessary information to deal with any problem regarding claims.
Carrier Exclusions
Always look for carrier exclusions to make sure that cruise, air, or travel operator that a person would be considering is not on their list of excluded companies. Excluded companies are not covered by insurance if they go under. Insurance is usually based upon the total cost of the trip. Be sure to include the cost of the airfare or other public transportation. Some companies would cover minor children for free. Very important point in the event that there is a requirement to make a claim, one must be sure to collect every receipt and keep them in one place, when required the documents can be easily found.
Keep the Receipt
Be sure to keep the receipt from the travel agent with cost of trip, all unused airline tickets and transportation receipts, medical bills, copies of theft or other official reports, and any other pertinent receipts relating to the specific claim. Some travel insurance companies provide cheap annual travel insurance which is an alternative choice for those budget - conscious travelers who are making more than one trip a year. The main feature of the annual travel insurance against regular travel insurance is that it saves money.