GENERAL KNOWLEDGE

GK

INSURANCE AWARENESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is an insurance to cover problems associated with travelling, generally including trip cancellation due to illness, lost luggage and other incidents.
A
Travel Insurance
B
Inland Marine Insurance
C
Nursing Home Insurance
D
Kidnap/Ransom Insurance
Explanation: 

Detailed explanation-1: -Travel insurance is a type of insurance policy that covers the risks associated with traveling. It can cover up the costs of trip cancellation, baggage loss, medical expenses, and other losses. It can be for losses during domestic or international trips.

Detailed explanation-2: -Protect your purchase with trip cancellation and interruption insurance. This coverage protects you financially in case you get sick or an unexpected event forces you to cancel your trip, come home early or delay your return home.

Detailed explanation-3: -Baggage Cover Excess Unless you splurge for an excess-free travel insurance policy, nearly all travel insurance policies will expect you to cover part of the cost of your damaged or lost belongings. Cheaper travel insurance policies will have a higher excess, which can be a good way to save some money on protection.

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