You've finally saved enough to go on that dream vacation you've been planning. Now you're wondering if you should buy travel insurance. Do I really need to go to the extra expense? All I can lose is my luggage, right?

Anything can go wrong while you are traveling, and I strongly favor buying a policy.

Traveling outside of the country requires preparation for a well-planned tour including safety and insurance. If you get travel insurance, you not only protect your family from unexpected costs from medical emergency or any other expenses during your vacation, but also ensure a memorable tour.

Many take this form of security as unnecessary, thinking that nothing will happen to them and presuming that they will always be safe. Many consider applying for travel policy is a pain in the pocket. However, when you are planning to book a long trip or traveling overseas, to be insured when an unexpected incident happens will turn out to be a blessing in disguise.

1. Medical assistance - A medical treatment while on your travel is one of the most apparent benefits. If suddenly fall ill while on trip, you can certainly get the medical care and assistance you need.

2. Hospital and Medical expenses - If for instance, while on your travel and you are hospitalized, any expenses are covered by the insurance.

3. Personal accident (Accidental death, permanent disability, emergencies, etc) – This form of coverage would mean that when you die or gets hurt while on your trip, a sum of money can be claimed as a result.

4. Personal Liability – If there is a claim against you as a result of injuries or property damage towards another or third person, this instance can be covered by your travel insurance.

5. Luggage/baggage and other personal effects delay – This type covers any checked-in and declared baggage or luggage including personal items or effects, which are misplaced, misdirected, or delay in releasing them after the lapse of 12 hours.

6. Luggage/baggage Loss or damage (Theft of cash) – This covers any loss or damage for the replacement or reimbursement of baggage, luggage, spectacles, or any personal items.

7. Trip Termination/Cancellation (Cancellation fees) – Another advantage of taking out travel insurance is the advantage of reimbursement caused by cancelled or terminated trips or unforeseen events and circumstances.

8. Disruption of journey (Delay of flight, Alternative transport allowance) – This coverage compensates accommodations and meals when there is a delay of flight or disruption of journey beyond 6 hours under circumstances outside your control.Hence, it likewise expenses for the delay in reaching certain events or occasions such as conventions, wedding, etc.

9. Emergency Assistance (Family emergency) – This coverage is an additional compensation to any of your companion while on travel wherein said companion is injured, disabled or hospitalized.

Today, there are different types of plans, and travel insurance for seniors or travel insurance over 65 is a specific area of focus. Travel insurance is also offered for those over 65 seeking travel insurance for single trips of less than 18 days.

There are a multitude of benefits of getting travel insurance for seniors. Don’t let your holiday or winter get-away get spoiled because of excessive, unexpected healthcare costs. Different plan designs include affordable all in one hospital, medical and extended health care solutions, access to medical and accident services, emergency transportation and many more.

If you get travel insurance for seniors, it will allow you to enjoy your vacation full of joy,without the burden of worrying about excessive healthcare costs. Cover the expenses for emergency medical attention, ambulance transportation, emergency dental treatment, paramedical services.

In general terms, travel insurance protects all holiday costs against adverse events such as cancellation and interruption and also reimburses medical expenses, the loss or damage of property and transit delays. Travelers are compensated if they have to cancel or interrupt their travel; they will also be covered should they need emergency medical treatment, medical evacuation and other situations.

Some companies provide optional coverage and exclusions like: