Travel insurance

This generally includes destination countries or regions, the duration of the trip, the age of the travelers, and any optional benefits that they require coverage for such as pre-existing medical conditions, adventure sports, rental vehicle excess, cruising, or high-value electronics.

[4] This coverage can include benefits such as trip cancellation, lost luggage, and emergency medical assistance, adding a layer of protection for travellers at no additional cost.

[5] More comprehensive policies include an emergency companion cover, so that a family member can remain with the insured person while in hospital.

Luggage benefits cover for loss, damage or theft of personal effects during one's journey, including passports and other travel documents.

In addition to their base policies, many providers offer coverage for declared pre-existing conditions (e.g. asthma, diabetes, cancer),[11] higher risk sports and activities (e.g. skiing, trekking at high altitudes, scuba diving),[12] rental car damage,[13] and cruising.

[15] As travel insurance is a risk-based product, many policies will exclude events which may be of a far-reaching and poorly quantified risk, such as pandemics and endemics,[16] acts of war, and terrorism.