Travel insurance is a comprehensive insurance policy covering medical and financial emergencies that might arise while traveling abroad. To that end, several travel insurance plans offer protection during overseas travel. These insurance plans provide benefits like loss of checked-in baggage loss or delay, loss of crucial documents like passports, personal accidents, unique facilities like personal liability and personal accident coverage, allowance in case of distress related to hijacking, and coverage for financial emergency assistance. In addition, travel insurance also provides health coverage for medical expenses, dental treatment, transportation to the hospital, and a daily hospital allowance.