Cruise Holiday Packages - Saving on travel insurance.

Travel insurance definitely goes with any Cruise Holiday package. It must cover contingencies like lost baggage, trip interruption, medical evacuation and more. Travel insurance also protects the insured in the event of airline or cruise company going bankrupt.


Travel insurance may be mandatory or based on the travel circumstances. Cruise lines require you to have adequate travel insurance. You may be asked to furnish your travel insurance coverage. It is usual for many people to purchase travel insurance or trip protection insurance if they have a particularly expensive or a once in a lifetime trip, such as a honeymoon. When going far away from home, people also tend to take out more travel insurance.


The cost of travel insurance is based on the amount of coverage you need, the length of your trip and even whether you plan to participate in what the travel industry describes as hazardous sports, such as diving, skiing and skydiving for example. Quite recently, travel insurance has witnessed some changes. Those who travel frequently throughout the year can generally take out a policy that will cover multiple trips. However, I can suggest that, if you are travelling as part of a group or as a family, group coverage will be less expensive.


Most comprehensive travel insurance packages that cover everything that a traveller might realistically need tend to cost between 4% and 8% of the overall cost of the trip itself. It will cost you more, if you need insurance to cover extras such as emergency medical evacuation, hazardous sports coverage, or emergency reunion services (which covers the costs of flying family members to you if you are hospitalized).