Why you need a Travel Insurance?
Travel Insurance covers a number of possible mishaps that can occur on the road. Peace of mind comes from knowing that if one experiences terrorism, a need for medical attention, emergency evacuation, or bankruptcy of a trip organizer, there will be recourse. Travel should be about wonder and delight, not anxiety and lost funds.Travel Insurance is much more affordable than people think, whether they buy it for one trip or for unlimited annual use. Some of the travel insurance types available include flight accident insurance, trip cancellation insurance, travel medical insurance, and even custom insurance products. Nearly every conceivable mishap can be insured against, to ensure against financial loss.
Although the Government has rejected regulating the travel insurance industry, the Consumers' Association says research into the way such insurance is sold has uncovered some startling results.
Their investigators found extensive evidence of mis-selling, which, it says, highlights the need for industry regulation to ensure consumers are protected regardless of where they buy their travel insurance.
Researchers called on travel agents to buy insurance, and found that just one out of 28 travel agents checked customers for pre-existing medical conditions, as well as explaining what the policy did - and did not - cover.
So what are the alternatives to taking the policy your travel agent offers? Competition in the travel insurance market is fierce these days, as supermarkets, building societies and internet sources vie to offer the best deals.
What does it Cost
In respect to the amount of grief and hideous expense an accident abroad can cost you, travel insurance is laughably cheap. For around $20 a week, it buys peace of mind.However, most of us are paying over the odds for our travel insurance because of sheer inertia.
We take the first deal on offer, whatever the price - and whether or not the insurance offered - is right for us. So many of us jet off to sunnier climes with travel insurance that simply doesn’t cover us.
Policy Checklist
So what should you look for in a travel insurance policy? Levels of cover vary widely, but the Consumers’ Association recommends that you should have: 
