How to Calculate Premium for a Travel Insurance Policy?
How to Calculate Premium for a Travel Insurance Policy? Today we are going to be talking about how to calculate premium insurance policy. It goes without saying that a travel holiday insurance policy is a must when travelling. Travel policy offers protection from unforeseen contingencies during travel such as a medical emergency (travel health insurance), loss of passport, loss of checked-in baggage, trip cancellation etc. allowing a pleasant, worry-free travel experience. But how much does it cost? What is the premium for a travel policy for your specific trip? Internet-based online tools known as a travel insurance premium calculator gives you a tentative idea of the cost of travel policy. It provides an approximate figure when required particulars are keyed in helping one budget for a trip. One has to provide destination details. It has several options under this section - whether one is travelling to Europe/Schengen country or US/Canada etc. One is also required