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Showing posts from October, 2017

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Travel Insurance: Necessity or just a gimmick?

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I already came across different flight booking sites and I always see insurance as one of the add-ons. They say you're already adulting when you understand and care about insurance. So basically, what is insurance? Insurance is an agreement between the policyholder and the insurance company to have the policyholder compensated for the loss, damage or any inconvenience in a particular activity, service or product. One of these is the travel insurance. In case you missed a flight, lost a baggage or anything inconvenient related to your flight happens, the insurance company will have you covered in terms of expenses, depending on the plan you purchased and the terms entailed on that plan. The pro having a travel insurance on flights is that it is convenient to register as it is applied as an add-on upon booking and it is really cheap. The con is that most of the time, it does not cover life and health insurance which could be dangerous financially especially if it happens in a hig

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