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A travel insurance is useful when it comes with different coverages that extend to the policyholder who travels frequently. A claim can be raised in case of situations to get monetary compensation or retrieve important document.
For frequent travellers, it is important they have a comprehensive travel insurance, as it can be beneficial in many situations, such as sudden conflicts in the travelling destinations like the recent Pahalgam terror attack, natural disasters, or any medical emergency.
With the onset of summer vacations, there is a noticeable surge in travellers heading to Schengen countries and the US; demand often doubles during this period
It is helpful in situations such as sudden illnesses and injuries, last-minute trip cancellations, missed connecting flights, and even natural calamities, such as floods, cyclones, earthquakes, volcanic eruptions, forest fires, etc.
Most insurers offer coverage if your trip is affected by a terrorist attack and disrupts your travel plans.
Many flights get cancelled or rescheduled due to overbooking during the holiday season or bad weather. Travel insurance will prove helpful as the insurer may help make alternative arrangements.
Read the terms and conditions of a travel insurance policy carefully to avoid miscommunications or lack of awareness and prevent any claim rejections.