Travel Insurance

What is Travel Insurance?

You’ve planned the trip and made the arrangements so you think you’re all set, right? What if you miss your plane or lose your wallet? Perhaps you find yourself in a fender bender in that rental car? If you have travel insurance, you have nothing to worry about.

Travel insurance is just what is says it is! Insurance for when you’re traveling. Anything can come up on a trip. With lost baggage, missed connections, or even medical emergencies, travel insurance provides you with the coverage necessary to cope.

Who do I buy from?

We recommend you to buy your travel insurance through an insurance company or agent. There is also coverage through cruise lines, airlines and tour operators, but if they go out of business, you’re out of coverage. Find a strong company to do business with and stick with them.

What do I buy?

Comprehensive Policy - It’s not hard to figure out that this kind of policy covers you from head to toe. Trip cancellations, trip interruptions, trip delays, default and medical emergencies all fall under this umbrella. Those with pre-existing conditions should check with their provider to make sure they are covered and if they are, how well.
Default Insurance – If you’ve paid to go on a cruise or a flight and any of these operators go out of business, default insurance covers what you paid them.
Trip Delay – Bad weather and mechanical delays are two things that are out of your control. However, you can cover your unforeseen expenses as a result of these two things with this type of insurance.
Supplemental Health Insurance – If you’re traveling overseas, you definitely want to be sure you have supplemental health insurance. If you get sick or injured, you need this insurance to take care of the medical bills.

Your current health insurance may already cover your medical expenses while traveling, so be sure to find out before purchasing anything extra. Medicare does not cover health-care costs outside of the U. S. so make sure you supplement your coverage before taking your trip.

On other example why you might need travel insurance.

If you are on a cruise and require medical attention that cannot be handled on the cruise ship and you have to be airlifted off of the ship and to a mainland hospital, you will be required to pay the cost of the transportation from the ship to the hospital. OUCH!

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