Necessity of Travel Insurance  

Emergency Cash covers, Hospital Daily Allowance, Hijack Distress Allowance, Personal Safety Allowance, etc are some of the never before features that travel insurers add-on to offer to the travelers who are going abroad. While all companies offer almost the same features with different names. But one should make an informed decision by giving due consideration to policy coverage, service/claim support offered by insurer policy exclusions etc rather than basing the decision solely on the premium outgo. No doubt premium is one of the important things to be considered but it would not be right to base your decision only on premium outgo. And one should know that no decision is an informed decision unless that decision is based on the correct and complete understanding of the policy wordings. Ok guys! What are your opinion on travel insurance, kindly let me know.