A New Haven-bound US Airways flight was struck by lightning. The passengers and crew were safe and the flight was rerouted to New York. This incident, however, demonstrates why flight insurance is so crucial.
The importance of flight insurance policies is obvious in the number of products available in the market today. While the typical flight insurance policy covers death, loss of limbs, or loss of sight due to a flight accident, some other policies extend coverage to evacuation and repatriation on medical grounds, lost/missing/delayed baggage, and trip cancellation.
Apart from flight accident insurance plans, there are there are flight life insurance plans and flight cancellation plans. Flight life insurance plans cover sudden death on commercial airlines. However, flight life insurance plans do not offer coverage if the policy holder travels to areas delimited as areas of high risk.
Flight cancellation insurance policies reimburse expenses in case a flight is delayed/, or if a family member or traveling companion is ill or expires. Some flight cancellation policies automatically insure traveling companions less than 18 years of age. And in some cases, expenses for trips delayed because of missed connecting flights are reimbursed.
There are several policies to choose from, depending on necessity and budget. One travel insurance policy can offer maximum limits of $300,000, $500,000, or $1 million while some others offer lower maximum limits of $100,000, $200,000, $300,000, and so on.
Premiums can cost as little as $14 and can go up to $56 depending on the coverage selected. Maximum trip lengths, too, vary from 180 days to 365 days. Packages can be purchased for a single trip or for multiple trips.
Some flight insurance policies focus on specific risks while some others blend many services within the same plan. A MedEvac plan provides coverage for emergency evacuation of the policy holder (and relative or companion) on medical reasons or security grounds. It also offers nonmandatory adventure sports coverage. MedEvac also steps in with assistance services. You may need help with rearranging your current flight or hotel bookings, or your baggage may be lost, or you may need immediate medical assistance. In any of these situations, MedEvac offers 24 hour assistance.
With so many flight insurance policies in the market, some amount of confusion is valid. So, to help customers access and compare various flight insurance policies, a web site was recently launched. The web site accepts input from the user and uses it to collect policy details from everywhere so that the user can compare all the available policies and choose one that is affordable and value for money.


















