The reason for this is straight forward, the cases of theft has increased quite rapidly in the last few years. So it's always better to acquire travel insurance. People go on vacations for getting relaxed and if rather than relaxing they have to keep worrying about their belongings and all then the whole purpose on going for vacation gets defeated. This has given a boost to the travel insurance business. United States of America is one of the most popular countries all across the globe. Lots of people from all round the world go there to enjoy their holidays.

But first we should know what is exactly meant by travel insurance. In simple words it is the financial cover to the traveler by the insurance company against any incident of theft, losses, accidents, tour cancellation, etc. It is basically a policy that is meant to safeguard the interest of a traveler, in monetary terms specifically. But

more often than not people wonder why they should get travel insured before going on a trip or vacation. Well travel insurance is not something which is mandatory for everyone to take before going for vacation but taking it really helps. The trips, vacations, etc are meant to rejoice and rejuvenate the energy that one looses by getting engrossed in his tight boring daily schedule. You are generally thrilled, excited and feel vibrant for the break, and hence happen to overlook the risk factors like theft, accidents, etc. A travel insured vacationer doesnt have to worry about the same, because he has packed up the financial security in his bag along with the other regular stuff.

There are several types of travel insurance worldwide policy which is basically divided keeping in mind the needs and requirements of the people all across the globe. Although there are many types of travel insurance policies but the main ones can be listed as:

1) Trip Cancellation: - This is one of the most common travel insurance policies taken by the people. Trip cancellation is quite a common scenario nowadays due to one reason or the other. If you have taken this policy and the trip gets cancelled or postponed due to any reason then you are liable to get an amount equal to the amount you have paid for the trip. Its always recommended for the people going on some trip to be on the safer side.

2) Trip Delay: - This policy is quite similar to the trip cancellation one. If someone has taken this policy and the trip gets delayed or postponed by some time then he or she is liable to get the amount equal to the amount he or she lost due to the delay. This is basically a reimbursement to the insurer in lieu of the delay. It includes the cost paid by the traveler for his accommodation and travel expenses during the delay of the trip, to a certain pre-defined limit.

3) Accident/Sickness Medical Expenses: This is another travel insurance policy that is basically meant for taking care of the health of the traveler. In this form of insurance the insurer gets the amount which he or she has paid for acquiring medical aids while on the trip. This type of insurance can cover the whole medical ailments or a specific group depending on the policy taken.

4) Supplier Default: - In this type of travel insurance worldwide policy the traveler is insured against all the losses of deposits or payments due to the financial default of a travel supplier. This type of travel insurance policy is quite uncommon among the people all across the globe since the chances of this type of thing is quite low.

5) Baggage/Personal Effects Loss or Delay: This travel insurance policy takes care of the personal belongings of the traveler. This policy secures the traveler from any losses that he or she may have suffered due to the loss, theft, damaging and or delaying of his items/belongings during the trip.

6) Accidental Death: - It is clear from the name that this travel insurance policy basically deals with the death of the traveler. In this respect it is quite similar to life insurance policy. However in this case only a family member of the person died can get the insured amount.

Now we should look at the important factor about the cost of travel insurance. Well the cost of travel insurance varies from company to company and also from policy to policy. Furthermore the cost of travel insurance also depends on the overall cost of the tour. To make it simple, higher the overall cost of the tour, the more will be the amount of the travel insurance. Most of people believe that travel insurance is not worth spending money but in times of calamities and need, travel insurance holds up a great value thereby overcoming the initial cost paid.

From where can a person get travel insurance The simplest way to get a travel insurance worldwide is from travel agents. Travel agents can provide you with the comprehensive or third party travel insurance, depending upon your choice of selection. But getting travel insurance is not only limited to travel agents. There are various companies in the worldwide market these days who deals specifically in this field. Its advisable that you always get travel insured from some genuine company rather than travel agents since at the time of claim the travel agent might refuse you to pay the amount. Nowadays getting travel insurance is all the easier by just logging on internet. There are many companies that provide you with travel insurance worldwide online by just filling a simple form. So now you can even get travel insured by just sitting at your places. If you fulfill all their requirements then you will get insured in one or two day depending on the type of insurance.