Many people think that Life Assurance and Life Insurance are the same thing, yet there is a subtle but key difference between the two concepts. Life insurance is a protection for the term of the insurance cover. If you die during the term of the policy, the insurance company will pay a tax-free sum to your beneficiaries. But, if you outlive the term of the policy, your beneficiaries will not receive any payment.
International travel affords the traveller a lot of opportunities irrespective of their original purpose of travel. These include business opportunities, educational opportunities, employment opportunities and even marital opportunities. Unfortunately, however, it is only these and many other opportunities that these (would-be) travellers see. They seem to be ignorant or care less about risks that are embedded in international travels, so they don’t take any steps towards mitigating such risks.