Travel Insurance provides coverage against accidents that people may experience during their domestic and international travels. Moreover, this coverage pays for outpatient treatment, hospital treatment (inpatient) expenses, funeral procedures, and baggage loss of travelers. It is a compulsory insurance by Schengen countries especially on outbound travels.
Personal Accident Insurance
Personal Accident Insurance is a life insurance. This insurance policy taken out according to the professions provides coverage against death, permanent disability, treatment costs and daily indemnities as well as any personal injury caused by accidents that may occur during the occupational activities or in the private life of the policy holder or during the travels made by land, sea and air.