Travel insurance coverage may not extend to mental health

Travel Insurance doesn't cover mental health

Many vacationers purchase a policy in case of a medical emergency, but not all forms are covered. Travel insurance can be a very important way for people to protect themselves against the financial losses associated with the unexpected, whether that be the sudden need to cancel a trip at the last moment or requiring urgent medical assistance while away from home. However, these policyholders are starting to discover that mental health is typically not covered. One of the most important types of coverage that a travel insurance policy provides is…

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Understanding different types of insurance and their need in emergency

Different types of Insurance

Insurance is a vital constituent of financial safety for any person. As time goes by, individuals start thinking about different ways that they may employ to save their hard earned cash – insurance policies being the most common among them. Insurance provides several benefits, based on the type that is purchased. Life insurance, health insurance, auto insurance and homeowners insurance are some of the common varieties of insurance policies. Insurance certainly serves different purposes and offers benefits for individuals as well as businesses. While a lot of people buy insurance…

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