Insurance can be defined as indemnification against future losses (if any). We all are quite familiar with the word- Insurance. When we relate Insurance- the first thought that pops up into our mind is compensation against losses. On the other hand, Travel insurance comparison is an adventure, an education, and an experience all rolled into one. If we want to relate travel and insurance, we may not find any similarity between these two but if we join Travel and Insurance, then we are into exploration of something newthat is merging two most happening industries of the world Travel and Insurance into one and unique.

Now let us take a quick look about the concept, infrastructure, applications, revenue, career options and how these two are related to form the concept of Travel Insurance.

a). Travel: By Traveling, we simply mean going to one place from another. We all love to travel and lead

a lavish lifestyle. Travel is an adventure, an education, and an experience all rolled into one. The fact is, Travel, and Tourism Industry are the second largest revenue generatorworldwide after IT sector. It is worlds largest growth industry with no signs of slowing down in the twenty-first century. If you enjoy meeting and interacting with people and love being in touch with lifestyles and cultures in different, exotic parts of the world, there is perhaps no better profession to be in. (International tourism is the worlds largest export earner).

b). Insurance: We mean, provision against insecurity. In business, risk is unavoidable. Chances of losses are risks. From a business point of view, any business may suffer from loss of earning power, accident, or ill health of the proprietors. Damage to property and liability for damage to another person or his property are additional risks. Various risks are difficult for a businessman to avoid. These unavoidable and irreducible risks exist in marketing which a businessman has to bear. The causes of business risks may due to some external causes such as natural-any natural calamity, human causes -any kind of damage, risks arising from competition, Price fluctuations, risks due to changes of preference of the consumers, changes in government policy of a particular country.

The causes of business risks may due to some Internal Causes includes physical causes (damage due to fire), internal business environment, risks arising from liability for accident or injury, and risks due to mismanagement of the business affairs. Thus, this is a brief introduction about insurance. Now let us discuss in details the inter-relation between Travel and Insurance.

Travel insurance comparison can be an indispensable and important factor for most of the people who are tourists. The Insurance Companies nowadays are gaining super-profits in terms of premium as because a rare case happens where the insurance company pays the compensation. Travel Insurance is one of the most well known concepts that are widely accepted by most of the mass. With increased development and globalizations, the insurance industries to innovate new avenues of development and power to survive along with other developing industries. The recent concept includes a lot of items which were never thought in past. The need is felt at the right time, with increasing population, their lifestyles, and the upcoming technologies, which is upgrading itself every minute. Initially, Life Insurance was the popular product in the minds of people, but now we find our life is too short to fulfill all the criteria.

We never know what our destiny is! To name a fewAccidental Insurance, Mortgage Insurance, Private Mortgage Insurance, Hazard Insurance, Title Insurance, Liability Insurance, Co- Insurance, Homeowners Insurance, and many more. That is a different issue all together. I am here to talk about Traveling Insurance. This article briefs about Traveling and how Insurance plays a big part in this. If we compare these insurances with Travel Insurance itself, we will find the latter one as the most promising and common. The reason is that people often set out of their homes to travel. Those can be for business purpose, leisure or visiting friends and family. If we consider Accidental Insurance (for instance), we can hardly compare the ratio of their frequency of occurrences. Take another instance, -Mortgage insurance-This is also in no comparison with Travel Insurance. So, is it any (apart from Life Insurance & Health Insurance), no Insurance policy is as popular as Travel Insurance.

Our life is full of risks but we do not stop living. Do we Every second in our life is insecure. We will never get to know what will happen to us in the next minute. Be it in our home or outside, nowhere we are secured. It is the natural tendency of the human being to think that we are safe at our own houses and unsafe outside as because houses are the most reliable place. Yes, it is to some extent but misshapen can take place anywhere. Do not get me wrong. I am not trying to scare you. If give a slight thought to it, you will too agree with me to some extent. We are not safe from the hands of mishap pens and we are certainly destined to incidents. That is all about the philosophical part.

We all love to travel. Most of us have fast lifestyle, long working hours and struggling experience, and hurdles of life. We want to have some kind of refreshers in the forms of entertainment of different kinds. In addition, traveling is one kind of such refreshers. Traveling needs quite a good amount of money for eating, lodging, traveling expenses, and for other kinds of miscellaneous expenses. During traveling, we may face a lot of problems. So we should always make sure that our traveling insurance is done. This Travel insurance comparison can be obtained from travel agencies, clinics, and banks and directly through the insurance companies. Each of the insurance will have separate policy and the insurance coverage will vary from one policy to other. A good travel insurance policy should include coverage for:

a). Death and Permanent Disablement.

b). Medical and Other Related Expenses.

c). Luggage, Personal Effects and Travel Documents.

d). Personal Liability.

e). Cancellation, Curtailment, Missed Departure.

f). Hi-jacking.

g). Travel Trade Indemnity.

h). Legal Expenses.

Certainly there are general conditions applying to Insurance Policies. When travel insurance is purchased, a certificate will be issued, showing all details of coverage and, importantly, a policy number. It is wise to photocopy this certificate and leave a copy with family or friends at home, so that they can produce the evidence during claim procedures. I have mentioned earlier that things may go wrong and they can also go right but it is about hassle free traveling. So, Travel insurance comparison is strongly recommended on my part for the travelers own safety and peace. So if anyone is planning to have a nice trip, please do get your insurance done because Prevention is better than cure. So, have a nice journey.