travel insurance, Travel Insurance Nigeria

  • Published date: August 16, 2018
    • Victoria-Island, Victoria-Island, Lagos, Nigeria

When most people think of travel insurance, they’re thinking of a package plan.

It goes by many names, including: Trip Insurance, Vacation Insurance, Comprehensive Travel Insurance, Trip Cancellation Insurance, or simply Travel Insurance. All of these terms are used to describe this type of plan.

Most travel insurance plans are package plans that include various coverage like trip cancellation, trip interruption, trip delay, lost or delayed baggage, medical coverage, medical evacuation etc.... Travel insurance will cover the pre-paid, non-refundable portion of your trip expenses.

Travel insurance package plans deliver coverage for cancellations, interruption, hurricanes, medical emergencies, evacuation, lost, stolen, and delayed baggage, and more. This type of plan is the most popular because it fits the needs of most travelers.

The main difference is the coverage for trip cancellation. This is the only plan that offers this, and it is always bundled as a “Package” with all the additional benefits. There are no standalone policies that only cover trip cancellation.

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