How Does Travel Insurance Works

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Most people are aware that traveling requires them to acquire a certain type of insurance policy that is more specifically known as travel insurance. However, most people don’t really understand how this policy works.

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How Does Travel Insurance Works

  1. 1. How Does Travel Insurance Works Travel Insurance www.ZTravelInsurance.com
  2. 2. How Does Travel Insurance Works 1 Travel Insurance Basics You Need to Know before you Travel 5 Preparing Travel Documents for your Trip Abroad 11 TABLE OF CONTENTS
  3. 3. How DoesHow DoesHow Does Travel InsuranceTravel InsuranceTravel Insurance Works?Works?Works?
  4. 4. Page 1 Visitors Health Insurance Visit us at www.Nriol.net Most people are aware that traveling requires them to acquire a certain type of insurance policy that is more specifically known as travel insurance. However, most people don’t really understand how this policy works. By equipping yourself with thorough understanding about travel insurance policies, it would be easier for you to make smart decision when the need for you to buy this type insurance arises. What is Travel Insurance?What is Travel Insurance?What is Travel Insurance? Travel insurance, which is also known as holiday or visitor’s insurance, is a type of policy designed to provide financial protection and support to travelers in case a misfortune happen during their trip. This policy covers the policyholder for a certain amount of time, ideally throughout the duration of the trip. It gives protection against circumstances such as accidents, injuries, illnesses, delayed flights, cancelled trips, and lost baggage, among many others. In the event that any of these scenarios occur, the insurance company will
  5. 5. Page 2 Visitors Health Insurance Visit us at www.Nriol.net give monetary support to the insurance policy holder. How Does Travel Insurance Work?How Does Travel Insurance Work?How Does Travel Insurance Work? First, a traveler will buy an insurance policy from an insurance company. The traveler will sign a contract wherein it is stipulated the insurance company will give monetary support in case of unfortunate events. These unfortunate events will be discussed in detail in the contract so that if one of these happens, the policy holder can make a claim o the policy. What are the Different Types ofWhat are the Different Types ofWhat are the Different Types of Travel Insurance?Travel Insurance?Travel Insurance? Insurance policies come in all shapes and sizes. Each type has its own set of inclusions. Common examples of travel insurance include health insurance for international students, visitor medical insurance, short term travel insurance, long term travel insurance, travel insurance for families, travel insurance for
  6. 6. Page 3 Visitors Health Insurance Visit us at www.Nriol.net families, travel insurance for elderly, and travel insurance for people with pre-existing medical conditions. It is important that you get to know each option so that you can pick one that is most appropriate for you. What Does Travel Insurance Cover?What Does Travel Insurance Cover?What Does Travel Insurance Cover? The coverage of each travel insurance differs per policy but most of them give the following benefits:  Medical and health coverage to take care of treatment costs and medical expenses if the policyholder becomes sick during the trip  Loss and theft coverage to pay for the monetary loss of the policyholder if any of his/her valuables are stolen or lost (e.g. baggage loss, passport and visa loss, and so on)  Trip cancellation or delay to give compensation for flights or travels that have been cancelled, delayed, or missed.
  7. 7. Page 4 Visitors Health Insurance Visit us at www.Nriol.net Travel Insurance TipsTravel Insurance TipsTravel Insurance Tips Before you go out and buy your travel insurance for your upcoming vacation, see to it that you exhaust all means possible to compare the rates and deals in the market. This way, you can be sure that you will end up with the one that will give you the best value for your money. Also, see to it that you always keep all your travel insurance documents with you when you travel. Never leave the hotel without it. If you’re going to make a claim, contact the insurance company immediately and submit requirements like medical records, police reports, and so on.
  8. 8. Travel Insurance Basics You Need to Know Before You Travel
  9. 9. Page 6 Visitors Health Insurance Visit us at www.Nriol.net Traveling abroad has many perks. For one, you get to see spectacular sights you don’t normally see everyday. Apart from that, you also get to meet new people, experience different culture, and learn about so many valuable things including a place’s history and heritage. Moreover, during a vacation, you will not only get the relaxation that you need, you also get to do different kinds of activities that will give you a rush like no other. It is for these reasons why people constantly have that inherent urge to go places. Now before you pack your bags and get on to the next flight available, you have to remember that traveling is not all about fun and excitement. It also requires careful planning and preparation if you want your journey to be a safe and successful one. One of the things that you would definitely need to plan for is the travel insurance. Travel insurance is like a financial “safety net” that protects you from various kinds of adverse scenarios that can happen
  10. 10. Page 7 Visitors Health Insurance Visit us at www.Nriol.net during your trip. In order for you to make a smart choice when you purchase a travel insurance, here are the top things that you should know about: Travel InsuranceTravel InsuranceTravel Insurance CoverageCoverageCoverage A good travel insurance policy will cover all sorts of misfortunes ranging from minor ones like minor illnesses, insect bites, mild injuries to major catastrophes like broken limbs, serious accidents, medical bills, and emergency evacuation. Apart from illnesses and accidents, a policy should also cover lost baggage, delayed flights, cancelled flights, and so on. The policy should compensate for whatever monetary loss, inconvenience, pain and suffering that you have endured because of these circumstances.
  11. 11. Page 8 Visitors Health Insurance Visit us at www.Nriol.net Exclusions in the CoverageExclusions in the CoverageExclusions in the Coverage Insurance coverage differs per policy. But usually, insurance don’t cover chemical attacks, injuries caused acts of terrorism, civil war, or commotion, illnesses due to alcohol or illegal drug use, injuries caused by dangerous or extreme sports, attacks from pre-existing medical records such as diabetes or hypertension. Insurance Travel TipsInsurance Travel TipsInsurance Travel Tips  Purchase travel insurance prior to your trip. It is always best to buy insurance before you even book your vacation. This way, you can be covered for any possible unfortunate event that may arise even before you vacation begins.  Study your options. There are many kinds of travel insurance, which include but are not limited to international student insurance,
  12. 12. Page 9 Visitors Health Insurance Visit us at www.Nriol.net visitor health insurance, insurance for senior citizen, insurance for people with pre-existing medical conditions, and so on. It is important that you study all the options available along with the costs and inclusions so you can choose the policy appropriate for you.  Keep a photocopy of all your travel insurance documents when you travel.  In the event of a medical emergency or accident, you need to submit the following information to the insurance company: police reports, medical bills, doctors’ reports, boarding passes and tickets, and so on.  See to it that you have the necessary travel insurance company information with you before you travel. You should have the number to the company’s 24-hour emergency hotline.
  13. 13. Page 10 Visitors Health Insurance Visit us at www.Nriol.net These are just few of the many things that you need to know about travel insurance. Make sure that you thoroughly study about it before you go on with your trip.
  14. 14. Preparing Travel Documents for Your Trip Abroad
  15. 15. Page 12 Visitors Health Insurance Visit us at www.Nriol.net You have finally decided to go on a trip to take a break from your life’s daily hustle and bustle. It’s good for you and your health. After all, you’ve been working so hard and you truly deserve a break. But before you think that having a vacation is all about the nicest things, you have to remember that it also entails some kind of work that comes in the form of planning and preparation. Preparing travel documents is one of the most important things that you need to accomplish prior to the trip. Knowing what you should prepare and what you should do would lessen the stress involved in this task. Here are some of the travel documents that you cannot leave home without. Passport and VisasPassport and VisasPassport and Visas Wherever your destination is you will need a valid passport, one that is not yet expired. Ideally, your passport should be at least six months away from
  16. 16. Page 13 Visitors Health Insurance Visit us at www.Nriol.net being expired when you travel. If you’re going out of the country, you may also need a visa depending on your destination. To get a visa, you need to apply for one at the consulate or embassy of the country located in your vicinity. For instance, if you are going to travel to Switzerland, you need to visit the Swiss Embassy in your location. It is important that you give yourself ample time for the visa and passport processing as these take time. Make sure to have the complete requirements for the visa application so you have better chances of getting your application approved. Travel InsuranceTravel InsuranceTravel Insurance Travel insurance is another travel essential that you need. Most visa applications require submission of a travel insurance policy with sufficient coverage. Some countries refuse entry if you do not have travel insurance even if you have the proper visa. It is also vital that you get the correct type of travel
  17. 17. Page 14 Visitors Health Insurance Visit us at www.Nriol.net that you get the correct type of travel insurance for yourself. For example, if you don’t have any medical insurance, it is imperative that you purchase visitors health insurance. Now if your trip is not about pleasure but about taking up education in a foreign land, you must obtain international student health insurance. Airline Tickets andAirline Tickets andAirline Tickets and Hotel AccommodationHotel AccommodationHotel Accommodation See to it that you triple check for these documents before you leave home. You won’t be able to step in to the plane or stay at the hotel you booked a reservation for if you do not have the necessary travel documents with you. That is unless you have your computer or cellphone with internet that carry these documents digitally. Even so, you must have the hard copies of these documents to be on the safe side.
  18. 18. Page 15 Visitors Health Insurance Visit us at www.Nriol.net List of Important Phone NumbersList of Important Phone NumbersList of Important Phone Numbers Many people neglect the importance of having a list of important phone numbers. But when the emergency arises, they wish they had it. Before you leave home, create a list of the phone numbers of who you should call in the event that travel documents or credit cards get lost. These include phone numbers of banks, credit card companies, insurance companies and so on. You must also have emergency phone numbers of your destination’s hospitals, police stations, and so on. Finally, make a list of the phone numbers that you should call back home in case of an emergency. These include your immediate family, trusted friends, and reliable neighbors.
  19. 19. Next time… be prepared! Visitors health insurance with the click of a button!

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