How does international travel insurance work?

How does travel insurance work?

• Answer:

  Travel Insurance covers you for risks you might be exposed to an overseas trip. Typically, it covers death, personal accident, medical expenses, repatriation (in the event of death abroad, the cost incurred in bringing the body back to the native country), loss of checked baggage, delay in receiving checked baggage,loss of passport and third party liability. The cost of travel insurance depends on your age, duration of travel and the countries you plan to visit. Premiums increase with age and with an increase in the duration of your stay. Also insurance for travel to the US and Canada costs far more due the high cost of medical services in these countries, than for travel too an Asian country.