What is travel insurance?
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Travel insurance is something you purchase as a safeguard against things going wrong when you travel. Just as car insurance will pay for the damage caused by traffic accidents, or house insurance covers stolen possessions in a burglary, travel insurance covers you against a whole manner of things when you travel. Here are some of scenarios where you might need travel insurance:-

1) Your expensive camera (worth over a years salary in some developing countries) is stolen  - your travel insurance should pay for a new one

2) Your suitcases are lost or damaged in the baggage handling system - your travel insurance should replace it

3) You fall over after a night on the tiles or need medical treatment when away - your travel insurance should pay for the treatment

4) You die overseas - your travel insurance should pay for your body to be flown home.

While this all sounds gruesome and far fetched, it is vital to obtain the right travel insurance before you travel.

 
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