There are different types of Travel Insurance to consider, so it’s best to educate yourself about what each offers. It’s also important to know what types of travel insurance will be available since this can affect your choice today.
The days of just having to take your chances when travelling are long gone. Today, travellers have access to high-quality travel insurance that will protect them in the event of any number of emergencies or problems that could arise when travelling out of the country.
The 5 Different Types of Travel Insurance That Will Protect You.
This guide will help you learn about the five different types of travel insurance that are currently available and which one might be best suited to your unique needs.
Travel health insurance covers your medical expenses in case you get sick or hurt while you’re abroad. This form of travel insurance generally includes emergency medical coverage, hospitalization, medical evacuation, and repatriation to your home country in case anything goes wrong. Some plans even offer dental care. It’s also worth noting that most health care in foreign countries is considerably more expensive than in America—especially if you don’t have international health insurance coverage—so it’s important to be prepared.
If your trip is cancelled for any reason, cancellation cover will reimburse you for non-refundable travel expenses like hotel bookings and plane tickets. It’s important to note that insurance companies generally require you to purchase both cancellation and medical cover together; some will let you purchase each separately if your package does not offer both. Since it may be difficult to predict exactly what expenses you’ll incur, go ahead and pay a bit extra for additional coverage.
Trip Interruption Cover
If you fall ill, have a family emergency, or even if something unexpected happens to your home—such as flooding from a burst pipe—and you must cut your trip short, then trip interruption insurance will help cover costs that include transportation home and alternative accommodations. Trip Interruption coverage will also reimburse you for things like nonrefundable tours and excursions purchased during your stay.
Flight Delays Cover
Flight delays happen all of the time—it’s not a matter of if, but when. So it’s no surprise that some travellers might want to include flight delay insurance as part of their travel insurance package. Flight delay insurance will reimburse you for costs incurred due to delayed or cancelled flights.
If you’re looking for full-coverage travel insurance, evacuation is a must. It protects against things like medical evacuation costs and lost baggage costs. Evacuation coverage kicks in after your trip is disrupted due to something out of your control—and pays for itself more often than not.