Bangalore: Today millions of people are traveling abroad either for business or leisure. No wonder, travel insurance is gaining importance in India. It can be purchased for a single trip or multiple trips within a specific time-frame. The advantage of buying travel insurance is they pay for medical expenditure that might be incurred in a foreign land. Tips for buying Travel insurance Check current insurance policies Have a check on all your current insurance policies and credit cards. If you already have a health, car or home insurance, they cover a great deal of what you'd pay for with travel insurance. Also check for coverage of your policies in foreign countries if you are traveling abroad. Credit cards and Visa helps Credit cards cover a portion of your vacation. Visa provides emergency support network with no additional charge. While Mastercard's gold and platinum editions offer travel coverage for loss or damage of luggage, hotel burglary and roadside auto assistance. Their World Elite card provides the most comprehensive benefits, including trip cancellation, emergency accident and car rental coverage. If you have a good credit score and income you can have a personal travel consultant, concierge service and airport lounge access. Are expenses covered You have to check and see if your expenses are covered directly or you have to make the payment initially and then apply for the reimbursement of your money. Coverage limits Know what your coverage limit is. The travel insurance also pay coverage for various items like cancellation of your trip, baggage limit and many more. Make sure you understand the deductible. One good reason for shopping around when you're looking for travel insurance is to compare the savings you can achieve by taking on deductibles. You can save a lot of money. Maximize your coverage by buying at least two weeks before your trip. Declare medical conditions If you're on medications, be sure your policy covers replacement costs. And let the company know any health issues of close relations on whom your travel depends. Also check the medical plan of your destination. The plans might be less expensive than travel insurance and tourists can even be covered under the country's health care system No destination restrictions If you buying a travel insurance make sure there is no restrictions on destinations. Beware of policies Your travel agent might wrap your trip certain policies. These policies are often very expensive. So beware of these policies that come your way when buying travel insurance. Additional details Find out if the travel insurance cover expensive items like laptop and jewelery. Ask if the coverage is primary or secondary. Secondary policies require that you go through your standard insurance first. Primary covers you absolute.