Are You Covered?

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Questions and Answers

What is the main difference between basic and comprehensive travel insurance policies?

Basic policies cover all expenses related to travel, while comprehensive policies cover only emergency medical expenses.

Basic policies cover emergency medical expenses only, while comprehensive policies cover other expenses like trip cancellation, lost luggage, and flight delays. (correct)

Basic policies cover lost luggage and flight delays only, while comprehensive policies cover emergency medical expenses and trip cancellation.

Basic policies cover emergency medical expenses and trip cancellation only, while comprehensive policies cover lost luggage and flight delays.

What are some factors that determine the premiums of a travel insurance policy?

Destination, duration, age of travellers, and the estimated value of the trip. (correct)

Destination, duration, and the estimated value of the trip.

Destination and duration only.

Destination, duration, age of travellers, optional benefits, and the estimated value of the trip.

What is the difference between travel insurance policies and automatic travel insurance offered by credit card issuers?

Travel insurance policies are only available for international travel, while automatic travel insurance policies are available for domestic travel.

Travel insurance policies offer coverage only for emergency medical expenses, while automatic travel insurance policies offer comprehensive coverage.

Travel insurance policies are personalised to meet individual requirements and circumstances, while automatic travel insurance policies are generic. (correct)

Travel insurance policies are more expensive than automatic travel insurance policies.

What are some benefits covered by medical benefits in travel insurance policies?

Coverage for minor injury or illness, hospitalisation, emergency assistance services, and repatriation of remains or funeral overseas. Signup and view all the answers

What are some unforeseen circumstances covered by cancellation cover in comprehensive travel insurance policies?

Illness, injury, natural disasters, bad weather, strikes, riots, and family emergencies. Signup and view all the answers

What are some benefits covered by luggage benefits in travel insurance policies?

Loss, damage, or theft of personal effects, including passports and travel documents. Signup and view all the answers

What does public liability cover in travel insurance policies?

Legal liability for bodily injuries or damage to property of other persons. Signup and view all the answers

What are some common exclusions in travel insurance policies?

Ongoing known events, pandemics and endemics, acts of war and terrorism, and travel to certain countries or parts of countries. Signup and view all the answers

When must travel insurance policies be purchased?

Before departure or from the first departure point. Signup and view all the answers

Study Notes

Travel Insurance: Coverage, Benefits, and Exclusions

Travel insurance covers losses incurred while travelling internationally or domestically.
Basic policies cover emergency medical expenses, while comprehensive policies cover other expenses like trip cancellation, lost luggage, flight delays, public liability, and more.
Premiums are determined based on the destination, duration, age of travellers, optional benefits, and the estimated value of the trip.
Travel insurance policies must be purchased before departure or from the first departure point. Some policies offer coverage for one-way travel for permanent relocation.
Some credit card issuers offer automatic travel insurance, but these policies are generic and do not take personal requirements and circumstances into account.
Medical benefits include coverage for minor injury or illness, hospitalisation, emergency assistance services, and repatriation of remains or funeral overseas.
Comprehensive policies include cancellation cover for unforeseen circumstances like illness, injury, natural disasters, bad weather, strikes, riots, and family emergencies.
Policies may include benefits for alternative transport, accommodation, meal expenses, and purchase of essential items in case of baggage delay.
Luggage benefits cover loss, damage, or theft of personal effects, including passports and travel documents.
Public liability covers legal liability for bodily injuries or damage to property of other persons.
Optional benefits include coverage for pre-existing conditions, higher risk sports and activities, rental car damage, and cruising.
Common exclusions are ongoing known events, pandemics and endemics, acts of war and terrorism, and travel to certain countries or parts of countries.
Certain countries require foreign visitors to have proof of sufficient travel insurance as a condition for granting a visa or visa-free entry.

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Description

Test your knowledge on travel insurance and learn about the coverage, benefits, and exclusions of these policies. Discover the difference between basic and comprehensive policies, and understand how premiums are calculated. Find out about medical benefits, cancellation cover, luggage benefits, and public liability. Learn about optional benefits and common exclusions. Whether you're a frequent traveller or planning your first trip, take this quiz to ensure you have a solid understanding of travel insurance before you hit the road.

Are You Covered?

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