When traveling, finding and buying insurance to cover yourself is a necessity. Understanding what travel insurance is, what you should be looking for in a good deal and how to find it is essential for getting the proper cover. What is travel insurance? Travel insurance can be bought for both domestic and international travel, and covers the loss of personal items, medical care and the cancellation and delay of trips. This type of insurance, like many, is risk based and the cost of it is calculated based on where you…
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Austrailian Travel Insurance News
The Royal Automobile Club of Victoria (RACV) provides advice regarding the comprehensive travel insurance policies in relation to the earthquake and tsunami that hit Japan last week. Claims will be assessed by RACV according to the Product Disclosure Statement (PDS) and the type of plan that was purchased will determine the coverage. For those who have not yet departed, cancellation or rearrangement expenses will be covered if the policy was purchased before March 12, 2011. Travels on or after March 31, 2011 are advised to be cancelled or rearranged until…
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