What Is Travel Insurance?


Quick Answer

Travel insurance is a type of insurance that reduces the risk of any type of travel. It can be bought by individuals or families who are travelling domestically or internationally.

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What Is Travel Insurance?
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Full Answer

Travel insurance is often bought to offset the costs of any unexpected issues that may arise while travelling. Most travel insurance policies typically cover the costs that may accrue due to unexpected medical issues while travelling and any trip cancellation costs. To purchase travel insurance, many travellers go through their travel agents or their airlines. Both industries typically offer travel packages that include travel insurance for a small added service fee.

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