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Here’s what you need to know about annual travel insurance, including the pros and cons, to decide if it’s worth purchasing.
Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage, flight delays, public liability ...
Zurich Insurance Group Ltd is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. [2] As of 2021, the group is the world's 112th largest public company according to Forbes ' Global 2000s list, [3] and in 2011, it ranked 94th in Interbrand's top 100 brands.
Insurance in the United Kingdom, particularly long-term insurance, is divided into different categories. The categorisation is currently set out in sections 333B, and 431B to 431F of the Income and Corporation Taxes Act 1988 (ICTA) with each category of business given a different tax treatment.
Most travel insurance policies cover lost or damaged luggage, cancelled flights, and medical coverage.
It may be worth purchasing travel insurance for your next trip, given the uncertainties related to travel. The main types you might want to consider include trip cancellation or interruption coverage.
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