People travel for a variety of reasons today – going to school, work, or having a memorable vacation with their friends and family.
Still, there is much that can go wrong. Your passport could be stolen, you could be missing the flight, and – if the worst comes to the worst – you could be physically injured in a foreign country where you do not know anyone and the cost of treatment can be high. Such situations can be frightening, the wise thing to do is to plan. Thus came the idea of travel insurance.
A perfect travel insurance plan can take care of the damage, leaving you to enjoy your trip, without worries.
Most people have good knowledge of general insurance, but not everyone knows about travel insurance and its working. With more than 152 million Americans covered by some form of travel protection in 2014, we thought it would be a good idea to define what it is.
What is Tourism Insurance?
We’ve all heard about canceled flights and lost luggage, but most of us don’t automatically think “we have insurance, and we are not covered?” Travel insurance helps protect you and your family from certain types of unforeseen events that may occur before or during your trip.
Unlike car insurance, travel insurance is optional, which means it’s up to you to decide if you want it. Finally, it is intended to help you walk in the peace of mind so that you can be a little anxious and focused on having a good trip.
What does travel insurance cover?
Coverage of most people who can afford travel cancellation, which offers reimbursement for unused, non-refundable, prepaid travel expenses if you need to cancel your trip for a covered reason, such as illness, job loss, flight cancellation due to inclement weather, and more. Similarly, with travel disruption coverage, you can reimburse travel expenses if you cannot continue your trip due to a covered event, and our plans provide reimbursement for additional travel expenses to return home or rejoin your group.
Travel insurance can also include lesser-known items including travel delays, losses, injuries, and luggage delays, medical exit coverage, and emergencies. Different providers offer a variety of programs with a combination of these covers and more, so be sure to educate yourself on all the options before choosing one. One way to deal with this is to determine your specific needs and get a balanced plan. Don’t be afraid to ask your travel insurance provider if you have any questions.
Let’s use an example. If you are taking your family on vacation to Paris, then you will want a plan that includes travel cancellation cover and post-travel covers during your trip. These may include luggage, travel delays, medical and dental services, and emergency and transportation assistance.
General Global Assistance offers a variety of programs and additional covers that will help secure your trip, whether it’s a weekend rental or a long month-long trip across Europe. In addition, our 24-Hour Emergency Services, Concierge, and ID Theft Resolution services are included in our programs. These services include travel protection plans, so you may not be charged for certain expenses only if something goes wrong with your trip, but you can get help in real-time when you need it before your foreign trip.
How does travel insurance work?
The process for claiming travel insurance is the same as for a car or home insurance. If you get in a car accident or have water leaks in your bathroom, file a complaint.
If something happens during your trip and you need to use your travel insurance, you will need to apply for a refund. We have a page that explains how to start a claim, a great tool for learning more about the claims process.
Suppose your luggage is delayed and you need to buy clothes and toiletries, you will file a claim for a refund. Travel insurance helps in situations like these.
When you are ready to buy the plan, you can buy directly from the online travel insurance company. Usually, travel insurance is provided when you buy a boat, plane, or book a vacation rental. We encourage customers to pay attention to good printing. For example, sailing insurance may not pay cash to cover a canceled or disrupted ship, but instead, provide credit for the upcoming sea voyage. If you choose a refund, that’s the reason to look for direct purchase from a travel insurance provider instead. Also, consider the type of trip you take. If you are taking a cruise, then you may be looking for a program that includes coverage of Connected Connection, as do our plans.
When to buy travel insurance
As with all things in life, time is everything, especially when it comes to deciding when to buy travel insurance. Travel insurance is designed to protect you from unforeseen events, which means that it is meant to be purchased before the event. For example, you would not want to buy travel insurance after you decided to cancel the trip, for the same reason that you cannot buy car insurance to cover an accident that has already occurred.
It is best to buy your plan when booking your trip so that you can qualify for working covers before traveling. For example, if you break your leg and need to reverse the trek to the mountains in the Alps, then you can be covered.
Should you buy travel insurance?
Now that we have covered the basics, we can answer the big question. Should you buy travel insurance? There are a few major factors to consider before deciding whether travel insurance is appropriate: the cost, destination, and who is traveling.
If you can’t afford to lose the money you invested in your trip, then you should consider travel insurance. If you travel long distances, perhaps around the world, or in a remote area where the nearest hospital is miles away then a travel protection program can help save the day. It is impossible to know what could happen to you or your partner when you on a trip.
So the final decision is on you, look at all the points carefully, and then decide, it is good enough to buy or not but its importance is based on your travel.