DEFINITION of Travel Insurance

An insurance product designed to cover the costs and losses, and reduce the risk associated with, unexpected events you might incur while traveling. It’s often pitched as the best protection for those traveling domestically or abroad. Many online companies selling airplane tickets or travel packages allow consumers to purchase travel insurance (also known as travelers insurance) as an added service. Some travel insurance policies cover damage to personal property; rented equipment, such as a rental cars; or even the cost of paying a ransom in the case of a kidnapping.

Why do I need travel insurance for Turkey?

Travel insurance is essential if you’re planning a holiday in Turkey.

If you became ill, had an accident, were the victim of crime or lost your baggage while on holiday there, your travel insurance policy would cover you. Likewise, it would provide financial protection if you needed to cut short or cancel your trip in an emergency.