Many people don’t understand that as with car or home insurance, travel insurance has many different types of cover for travel insurance. Broadly travel insurance can be broken down into three main types of policies, travel accident insurance, travel medical insurance and comprehensive travel insurance.

There are a few basic items which are covered by all three types of insurance. These are the basic baggage cover which allocates a certain amount to lost baggage, flight miss / delay insurance which pays a certain amount if you either experience delays or even miss a flight due to no fault of your own. There are also other smaller covers like lost personal effects coverage and room/hotel mishaps such as double booked rooms.

Of all the general types travel medical insurance policies are the cheapest. They cover only the medical expenses if any accidents or mishaps were to happen to person covered by the insurance. The important thing to note with travel medical insurance is that some insurers are very particular about where you actually receive the medical care. You have to be sure that the doctor or the health institution is registered as a care provider with the insurance company or you might have a hard time trying to claim your expenses.

The next step up is the travel accident insurance which actually also comprises of the travel medical insurance inside. Travel accident insurance actually increases the coverage of the traveler to any accident that the traveler might have caused, which would even extend to the 3rd party who was also involved in the accident. The types of costs that would normally be included are lawyers fees, medical fees, court charges, police fines etc.

The most expensive type of travel insurance is the comprehensive travel insurance cover. This type of policy will cover the traveler from almost all types of mishaps or accidents that can happen on a trip abroad. Comprehensive travel insurance also includes travel accident insurance and travel medical insurance with additional cover to protect the traveler. Some insurers with comprehensive cover will even have the costs of evacuation by plane if there is a social unrest in the foreign country!

All up we highly recommend any sort of travel insurance. The costs are very competitive but the benefit is far greater especially in the time of need. Do visit out recommended insurers above to find the best quotes to fit your travel insurance needs.