Losing your baggage while on a trip can leave you stranded at an unknown place. You might end up losing valuable items and important documents due to baggage loss. It can cause several issues as well as unnecessary expenses for the duration of travel. You can cope up with such unforeseen situations with a baggage insurance policy . Such insurance policies compensate for any loss occurring due to misplacement or theft of your luggage. Ways to deal with financial expenses caused due to baggage loss A baggage insurance plan can help you tackle the financial difficulties faced during such situations. These policies offer several features that allow an insurer to overcome such situations. A high coverage sum - Look for insurance covers which offer maximum compensation against minimum premium. You can avail reimbursement of up to Rs. 50,000 as the coverage sum. Comprehensive coverage - Baggage insurance plan must cover loss or damage of luggage due to strikes, riots, fire, theft