As more and more people look forward to making travel plans, there are many questions. A lot of them involve travel insurance. Here is a little bit of information to help answer some of those questions.
The best travel insurance has always covered things related to a trip going awry and the mishaps that happen along with that, like flight delays or cancellations, lost luggage, or getting sick when on vacation. These elements continue to be protected when you buy a plan. But what happens with our current Covid situation?
When COVID-19 first became a threat to travel plans, many with insurance policies discovered they were not covered under these specific pandemic circumstances. Over time, however, the best travel insurance providers have started to change their policies to include COVID-related incidents. Many cover trip cancellations and medical expenses incurred by travelers who caught the virus and had to cancel their trip or seek medical attention overseas or internationally. The types of insurance vary, but here are the main players in the game.
Trip Cancellation Insurance
Trip cancellation insurance covers the expenses of your trip if either
party involved (vendor or traveler) has to cancel their trip obligations. If your airline or hotel goes out of business before you depart on your trip, for example, you will be refunded the money you’ve paid. Trip cancellation insurance also covers the inability to travel in the case of illness or injury before your departure. Every travel should consider purchasing trip cancellation insurance before they leave on vacation, especially in these times.
Here is the bottom line. If you become sick and can not travel, your policy will cover canceling your plans just as if someone breaks their leg right before a trip. What it does not cover is changing your mind about your travel plans and not taking your trip. Be aware of this when making travel plans and purchasing a trip. Investigate the individual airline and hotel policies to see what their rules are regarding cancellations.
Travel Medical Insurance
For most people, traveling abroad is an experience filled with excitement and joy. However, sometimes traveling can also be risky. What if you get sick or hurt during your trip? What if your domestic health insurance doesn’t cover expenses abroad? If you’re concerned about your health abroad, the best travel insurance for you is travel medical insurance.
As an international traveler, it’s hard to know what to do when that happens. Luckily, travel medical insurance provides you with coverage for medical expenses no matter where you are in the world. Are you a frequent traveler? If so, you might find travel medical insurance useful. In case of emergencies such as a broken arm, a COVID diagnosis, or other illnesses, travel medical insurance should have you covered for the most stress-free travel experience.
Lost or Damaged Baggage Insurance
If your insurance plan includes baggage insurance — and it should — your insurer can reimburse you, up to the maximum covered amount shown on your contract, for loss, theft, or damage to your baggage, whether you’re at an airport, hotel, or even a theme park. Having baggage insurance is so important, since virtually anything can happen while you’re traveling.
Overall, it is important to look into your insurance plans before you set off to travel. Traveling is a fun, mind-opening experience, and the peace of mind you can gain from having the right travel plan will make your trip even better.