Travel can be an elevating and memorable experience. However, without proper travel insurance, a dream holiday could lead to monetary ruin. Out-of-pocket costs for relatively minor emergencies can put a restraint on the vacation, sometimes costing hundreds of dollar. A medical emergency can pose a serious risk to the overall financial well-being. A more severe emergency could affect long-term plans for education or retirement.
Benefits of Travel Insurance:
Emergency Medical Expenses: Covers medical costs incurred due to illness or accident including medically necessary and prescribed emergency evacuation. It covers out-patient, in-patient, medical aid, therapies and diagnostic tests as described in the policy.
Repatriation of remains: Covers the funeral expenses or expenses of repatriating the remains back to your home country, in case of death of the insured overseas.
Emergency Dental Expenses: Covers acute anaesthetic treatment of natural teeth.
Hospital Expenses: Pays a daily allowance as stated in the policy in the event of hospitalisation either due to sickness or accidents.
Accidental Death and Permanent Total Disability Common Carrier: The company will pay the sum insured specified in the schedule in addition to the sum insured specified under the Personal Accident section, If the insured sustains Accidental bodily injury during the course of the journey while travelling in a common carrier such as rail, tram or airplane; and such bodily injury results in death or permanent total disability.
Flight delay: Compensation if the aircraft is delayed for more than 12 hours than the original scheduled departure time.
Loss of Passport: Expenses incurred in obtaining a fresh new passport.
Loss of Checked Baggage: Compensation for the permanent loss of checked-in-baggage.
Financial Emergency Assistance: Insurance cover is provided in the event of the insured person getting into a financial emergency due to theft, robbery of his/her travel funds. A fixed sum is paid as emergency assistance up to the limits specified under the policy.
Hotel Accommodation: Pays for the cost of hotel accommodation, if the insured person sustains bodily injury or sickness which directly and independently of all other causes results in the hospital stays as an in-patient and misses flight back to the country of residence.
Now go on your vacation without any worries in the back of your mind; buy your travel insurance policy today.
Give us a call at (+1) 416 991 5959 or fill the form to get a free quote or book a free and confidential appointment to get more detailed information about Travel Insurance and its benefits.