Any unexpected expenses during your travel abroad need to be preplanned well in advance. Travel insurance is indispensable when you are traveling to a foreign country, sometimes you are on your own and any unforeseen incidents such as accidents or illnesses will be borne by you wholly. With Travel insurance your medical expenses or any other unforeseen expenses will be covered.
Its basically an agreement between a traveller and an insurance company by which an insurance company is obliged to cover all the losses that you may incur during the trip abroad. An insured person pays the premium either in single or multiple installments.
Which is the right time to get the travel insurance?
For frequent travelers there are more broad permanent travel insurances that protect you during all your trips that meet certain requirements. Such online travel insurance can be purchased directly from insurance companies but also from travel agents or travel companies.
What happens in case of pre-existing medical conditions?
Anyone with a serious pre-existing medical condition would find it tricky to attain a travel insurance. However, its not impossible, travel...