Our world has been turned upside down due to the novel coronavirus, and if you’re like me, you probably aren’t visiting your next-door-neighbor, let alone traveling to Puerto Rico. However, someday soon, life will return to normal, and we will vacation again!
But if the coronavirus has taught us anything at all, it’s that plans can go wrong. That’s why travel insurance can be so important.
Here are a couple of things I learned while looking around for the best travel insurance.
What travel insurance covers
Travel insurance covers the most unexpected things that might happen to you when you plan a trip.
If you’re taking a trip, there is always the possibility that your trip might be canceled because of a hurricane or any other natural disaster.
Travel insurance can also cover any medical type of emergency that your health insurance company might not include in their policy.
As its name implies, basic cancellation coverage covers you for pre-paid, non-refundable expenses under a fixed set of circumstances outlined in your policy. You can make a claim when you have to cancel a trip due to a health emergency or illness, for example. Depending on the plan you choose, you may also be able to claim if you’re terminated from work or called for jury duty. Let’s say there’s a natural disaster in your destination city, and one of your travel providers has to cancel your trip. Under cancellation coverage, you’d be able to recoup your non-refundable expenses, too.
Trip delay insurance is usually included with cancellation coverage. With trip delay insurance, you’ll be reimbursed for any expenses you incur as a result of your trip being delayed. Short departure delays are not covered; policies set a minimum number of hours for covered delays. Meals, hotel charges, and taxi fees are among the expenses covered.
Trip interruption coverage protects you if you have to return home due to an emergency once you’ve already started your trip. It will pay for the cost of getting you home and getting you back to your destination once you’re able to travel again.
Medical coverage will reimburse you for emergency care if necessary on your trip. If you get hurt, sick or need to go to the emergency room, travel insurance can help.
Replace Stolen or lost luggage:
It isn’t uncommon that your luggage is either stolen or lost when you go on a trip. You might leave a backpack or suitcase somewhere and come back to find it’s gone. The cost of replacing your bag and the items inside can get very expensive.
Travel insurance can help with any kind of theft of any personal items when you are away.
If you decide to rent a car and are in an accident (even if it isn’t your fault), the coverage that is included with most car rental companies isn’t enough coverage. Even minor accidents can become costly, and travel insurance can help pay the difference.
Coverage for the family
Many families decide to purchase travel insurance because it can cover everyone on the trip, including younger children who are traveling with you. You never know what mischief they will get into or if they might get injured or sick with children. And it’s a relief to have the coverage for that reason.
Medical Evacuation Insurance
There are also different additions to your basic coverage that might be better for your particular trip. If you plan a rigorous hiking trip or even white water rafting, you might consider purchasing a medevac plan. This is really for extreme sports and gives you the coverage you need if something happens to you on a strenuous hike, and you need emergency support.
There are many reasons to consider travel insurance. It can really help out if something unexpected happens from either stolen items to even a natural disaster.
It’s one of those things where you are purchasing travel insurance as more of a preventative measure. You might not need it, but you will be really happy you purchased a policy if you do.