Travel Insurance Advice

 
Many travel vendors (tour companies and cruise lines) offer their own protection plans and these plans may provide very different coverage than offered through third party insurance companies. In most cases, supplier-provided coverage won’t cover you in the event they go bankrupt. When considering a supplier protection plan, you should carefully compare the coverage with third-party travel insurance products.

Who should buy travel insurance?
Travelers who want to protect their travel investment should consider purchasing travel insurance. If an illness, accident or sudden change in plans forces you to cancel or interrupt travel plans, you face two major financial losses – money you’ve invested in nonrefundable prepayments, and medical expenses that aren’t covered by your health insurance.

How does trip cancellation coverage work?
It is designed to reimburse you for forfeited, nonrefundable, unused payments or deposits if you have to cancel your interrupt your trip due to a variety of situations, including but not limited to inclement weather, illness or another unforeseen event.

Depending on your policy, it may also cover:
  • Emergency medical expenses
  • Transportation ordered by a doctor to the nearest adequate
  • medical facility
  • Reasonable accommodations and travel expenses for travel delays
  • Essential items you purchase if your baggage is delayed
  • Lost or stolen luggage
  • How much does travel insurance cost?
  • The cost of travel insurance varies from company and policy to policy. The more you have invested in your trip, the more you need to protect it. Travel insurance covers you for losses caused by trip cancellation and interruption, medical expenses, baggage, trip and baggage delay. When you consider all the protection you get, travel insurance is actually a great value.

Where do you buy travel insurance?
Most travel agents offer travel insurance and many may even require customers that decline insurance to sign a waiver form.