A traveler is exposed to many risks inspite of detailed planning.

Loss of luggage, missing of a connecting flight, an unfortunate incidence of pocket being picked etc can cause financial hardship to the traveler.

A Travel Insurance Policy can provide financial relief in such scenarios and hence should be chosen with care.

A simple example will highlight the importance of this exercise:

"A family got stuck in a snow storm on their vacation to a European country. One of the family members fell sick due to the extreme cold. The family had to be evacuated to a safer location which had proper medical facilities to save this person's life. The total cost of evacuation came to US$ 25,000/- . Since the travel policy did not cover evacuation the family had to bear this unforeseen expenditure which was many times more than their total vacation budget. A policy chosen with care would have taken care of this expense."