People want to be safe when they travel. But no matter how many precautions and preparations you make, there’s always a chance that something unfortunate will happen. The best thing to do is to be prepared in the event that something does happen. Travel insurance can be very important to some people. It’s a safety net for when you need it most; when you’re in a strange place and you have a lot of money invested in your vacation. Following are answers to frequently asked questions on the subject.

What is travel insurance?

Travel insurance is exactly what it sounds like, it’s an insurance policy designed to protect you while you are traveling abroad.

What do these insurance policies cover?

There are different types of travel insurance. You can select policies that match your needs. Some policies pertain specifically to medical expenses. The cover things such as doctor’s consulations and emergency medical care. Other policies protect you in case of an accident with a rental care, flight cancelation or lost luggage.

It may be possible for you to get medical coverage for an already existing medical condition. However, the more financial-related policies will not cover foreseeable losses; for example, your flight was canceled because of a strike but the strike had already begun before you purchased your policy. Also, be aware that some plans will cover certain types of travel expenses but not cover others. Make sure you understand everything that is and is not covered.