Travel Insurance Coverage: What's Typically Included?

If you are planning on doing any travelling, you are most likely going to be purchasing travel insurance, but what does travel insurance cover? While each policy will be catered to your personal needs, below are some of the basics that travel insurance will cover.

Overseas Medical/Hospital Expenses and Emergency Medical Assistance

The amount that you are covered for can vary depending on which coverage you opt into.

Accidental Death and Permanent Disability

Most policies cover both of these, but you will want to double check about permanent disability coverage.

Personal Liability

Covers the cost in the event that you cause an accident.

Luggage, Cash and Personal Effects

This covers anything that you are traveling with, including your travel documents and money that you are carrying.

Delayed Luggage Allowance

If your luggage is delayed or lost, then you will need to purchase new clothes and other necessities.

Alternative Transport Costs

If your flight is canceled, your insurance will cover the cost of finding an alternative way to your destination.

Cancellation Fees and Lost Deposits

This covers you if you need to delay or cancel your trip due to illness, poor weather or other factors. Simply deciding not to go on vacation is not covered.