Your travel insurance provider reimburses the expenses incurred for processing the replacement of lost documents necessary for your travel. This insurance coverage includes loss of passport or travel agency papers, the Visa required for entry to countries that request for it, a separate Schengen Visa for entry to certain European countries, or even other stuff like airplane tickets and documents required by the immigration authorities of the country you’re traveling to. Loss of travel documents without travel insurance to back you up can prohibit you from taking the trip, and will cost a lot more because you need to get replacement documents just in time for your trip.
Personal accident in travel insurance occurs when a mishap during travel leads to a person’s death or loss of body parts. This benefit entitles the insured (or his or her estate, when it tragically comes to that) to a package of benefits, the most significant of which is the accidental death, dismemberment, or disability coverage, also known as accident insurance.