Why Travel Insurance?

A simple and affordable way to protect against the financial risks of traveling.

What is Travel Insurance?

Travel insurance is a type of insurance that protects you from certain financial risks and unexpected losses that you may experience while traveling. Maybe your suitcase is lost at the airport or maybe there’s a storm that prevents you from boarding your flight – travel insurance is there to save the day! It’s a simple and low-cost way to enjoy peace of mind when planning your next vacation. The last thing you want is for an unforeseen mishap to ruin your travel plans. After all, vacations are meant to be stress-free and relaxing. Travel insurance helps you enjoy the peaceful vacation that you deserve.

Types of Travel Insurance

Depending on your travel plans, you will need different types of travel insurance. There are three types of travel insurance to choose from: travel health insurance, flight insurance, and cruise travel insurance.

Travel Health Insurance

Experiencing injury or illness when traveling abroad can be extremely expensive because Medicare does not provide coverage to Americans outside the USA. If you’re traveling abroad for over 30 days, it is a good idea to purchase a medical-only travel insurance plan. Those traveling abroad for shorter periods with specific travel dates can purchase a general travel insurance plan which would cover medical expenses and emergency evacuation on top of additional travel coverage.

Flight Insurance

If your flight is delayed due to bad weather, airlines have no obligation to pay for your hotel room. This is where flight insurance comes in. Travel insurance also covers the non-refundable portion of your trip should you have to cancel for a covered reason. In addition to this coverage, travel insurance also covers medical expenses, medical evacuation costs, baggage, and trip interruption costs.

When purchasing a plan, avoid insurance offered by your airline as these plans are often more expensive and don’t cover you should the airline go bankrupt.

Cruise Travel Insurance

Cruise lines typically require large, non-refundable deposits at the time of booking. Cruise trips also tend to have multiple legs of travel that could increase your travel risks. Cruise travel insurance covers the non-refundable portion of your trip, medical expenses medical evacuation costs, baggage, and trip interruption costs. It’s also important to ensure that your cruise travel plan includes coverage for hurricanes, travel delays of a common carrier, the bankruptcy of a travel supplier, and cancel for any reason coverage.

Why is Travel Insurance Important?

When traveling, many unforeseen events can occur and ruin your carefully planned trip. Travel Insurance protects you should you experience a minor mishap or significant event that would prevent you from enjoying your vacation or leave you with significant unexpected expenses.

Trip Cancellations

Life is unpredictable and there are many reasons you may need to cancel your trip that are impossible to foresee at the time of booking. This could include sickness in your family, the death of a relative, or other life and world events that prevent you from traveling to your planned destination. When booking expensive trips, it is especially important to invest in trip cancellation insurance to protect the money you’ve invested should you need to cancel.

Trip cancellation coverage provides full reimbursement for the non-refundable portion of your trip if you cancel your trip for a covered reason. At TripInsurance, our ‘cancel for any reason’ coverage also offers trip cancellation benefits if you need to cancel your trip for an uncovered reason. In these circumstances, our plans will provide refunds for 75% of the cancelation penalties.

Medical Emergencies

Nobody plans to get sick or suffer an injury during their trip. However, these travel setbacks are often unforeseeable and unpreventable. Medical emergencies overseas can be very expensive, especially if your emergency is severe enough that you need medical transportation to a medical facility.

The right medical insurance or medical coverage will protect you and cover your medical expenses. This could save you a significant amount of money should an unfortunate medical emergency occur.

Weather & Natural Disasters

Before leaving for your vacation, the last thing you want is to tune into a weather report and see a natural disaster has occurred in your travel destination. Severe weather and natural disasters are inevitable and would result in the cancelation of your trip. Although you may try to plan your trip in a season when these events are less likely to happen, the weather is unpredictable. Having the right travel insurance will ensure that you receive compensation for your trip so you can postpone your vacation.

Minor Mishaps

Although minor mishaps aren’t likely to ruin your trip, they can still put a serious damper on your travel plans.

Flight Delays

Arriving at the airport ready to depart on your trip only to find out that your flight has been delayed is unfortunately a common occurrence. This becomes an even bigger issue if you’re stranded overnight in a foreign city. Unless your airline is responsible for your trip delay, they don’t need to pay for your hotel. It’s important to purchase travel insurance because most flight delays are due to bad weather and outside of the airline’s control. Travel delay benefits will reimburse you for meal and hotel expenses due to carrier and other covered delays over 8 hours.

Missed Connections

The more travel connections you have, the greater your risk of trip delays and missed connections. If your flight is delayed and you miss your connection, missed connection coverage will reimburse you for the costs incurred if the reason is covered.

This coverage is especially important if you miss the departure of your cruise ship. The Travel Delays of A Common Carrier insurance feature will reimburse you for lost cruising days and cover transportation to the next port of call, thereby saving your cruise vacation.

Missing Bags

Arriving at your destination only to discover your bags are missing can really hinder your travel plans. Although personal belongings are typically covered by homeowners insurance, the deductibles are generally significant. Collecting reimbursements from airlines for lost baggage is also a difficult task. A better option is to purchase travel insurance with baggage benefits. This will provide coverage on your luggage without deductible or coinsurance requirements.

Baggage delay benefits are another option for protecting your trip. If your bags are delayed for over 12 hours for a covered reason, this benefit will reimburse you for the purchase of toiletries and personal items.

Why Buy a Travel Insurance Policy from TripInsurance.com?

There are many different travel insurance companies and travel protection plans to choose from when booking your next vacation. This can make it a challenge to find the right policy for you. At TripInsurance, we make it easy to compare comprehensive travel insurance plans and save money with our quick and easy process. Whether you need general trip insurance, cruise insurance, or medical travel insurance, we’ve got the right plan for your next trip. Get a free quote today!