On your next overseas holiday, be mindful of these commonly forgotten insurance types. These insurances can help save you a significant amount of money if an accident occurs. Many people who have accidents on holiday are often put in a financial bind. A financial bind may cause significant hardship on a family and cause them stress and loss of assets. Every family should have insurance while on a holiday. Here are the most important types that I have found. 1. Overseas Medical Insurance Emergency and accidental medical insurance policies are necessary if you are traveling overseas. This type of insurance ensures that you are reimbursed or covered for medical expenses during a trip. With overseas medical coverage, travelers are reimbursed or covered when they incur medical expenses during the trip. Some overseas medical insurance will cover pre-existing conditions, but may not cover certain extreme sports. These policies simply require that they are informed prior to the trip.  Other policies will not cover prior conditions. Some insurance companies will cover medical evacuation in cases of political unrest or better medical care in another area. 2.  Travel Insurance Baggage loss and theft is often a reality of travel. Travel insurance will cover […]