Travel Insurance and How Does it Help You Increase Revenue?
Travel insurance is a type of insurance that is intended to cover the costs and losses associated with traveling.
It is basically designed to cover trip cancellation, flight accident, medical expenses, lost luggage and many other losses incurred while traveling either domestically or abroad.
Travel insurance is a safety net that you can purchase to help you to protect your travel investment in case of unexpected events that have a negative impact on your travel plan.
It provide financial protection for unexpected events that impact a traveler’s trip.
Travelopro is a leading travel technology solution provider for travel management companies, online travel agencies, and tour operators based around the world.
The wide range of products and services offered by Travelopro empowers and facilities travel businesses to simplify online travel booking and minimizing the complexities involved in the same.
Travelopro offers XML/API integration services to travel business for their Booking Engines/ using third-party applications. Travelopro’s expertise of XML/API integration with many insurance companies can be used by new agencies as well.
Travel Insurance API provides an integrated solution for selling travel insurance online, taking care of all the business rules, pricing configurations and payments for you.
Why Should You Buy a Travel Insurance Policy?
It allows our customer to dynamically display localized insurance prices based on a various set of parameters.
With Insurance API, you can sell all insurance policy from your own portal. We are the best API provider in India and across the globe for many products like flights, hotels, cars, transfers, and sightseeing.
For more details about Insurance API Pls get in touch with us on skype, WhatsApp or leave your contacts on our contact us page. Our team member will contact you soon.
The most common risks that are covered by travel insurance plans are given below
•Medical or Accident cover: This cover helps you pay for the medical and out-of-pocket costs that you may incur after an accidental injury.
It includes emergency treatment, hospital stays and other costs you may face, such as transportation and lodging needs.
•Flight cancellation or delay: From unpredictable weather conditions to technical glitches, there can be many reasons for a flight delay.
This cover allows you to reclaim all your costs if: your flight is delayed or cancelled and the airline doesn’t rebook you on an alternative flight within 24 hours or giving you a refund.
•Lost baggage: Travel insurance protects you from numerous emergencies including total loss or delay in checked-in baggage.
The insurer compensates you for a total loss of checked-in baggage caused by the airline as per your policy. Thus, you can be assured that you are not a loss.
•Personal Liability: Personal liability insurance is about financial protection, for you and your family.
It covers the insured against legal liability for bodily injury or property damage to third parties on account of an accident occurring anytime during the trip or within the policy period.
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