CURRENT AFFAIRS

Detailed explanation-1: -HDFC ERGO General Insurance Company launched Trip Protector insurance policy. This policy will cover the cancellation of pre-booked flights and hotels for domestic as well as international travel. Here is a closer look at the general insurance policy.

Detailed explanation-2: -Travel Insurance Origins James Batterson owned and operated the first travel insurance agency in 1864. At the time, travel insurance was almost exclusively a product of the upper class and upper middle class, as few others could afford to travel.

Detailed explanation-3: -TATA AIG’s travel insurance offers several benefits if your trip is cancelled due to above reason. It includes flight cancellation benefits & hotel/accommodation cancellation benefits.

Detailed explanation-4: -Travel insurance is a plan you purchase that protects you from certain financial risks and losses that can occur while traveling. These losses can be minor, like a delayed suitcase, or significant, like a last-minute trip cancellation or a medical emergency overseas.

Detailed explanation-5: -Trip Cancellation Insurance will reimburse you for the amount of pre-paid, non-refundable travel expenses (e.g. airline, cruise, train, hotel, etc.) that you have insured, should you cancel your trip before departure for an unforeseen covered reason.