No matter your travel intentions, things can quickly go wrong. One canceled flight may mean that you miss a connection, a ferry or even a cruise. The right insurance can protect your travel investment.
What is Travel Insurance?
Travel insurance protects your travel investment from surprise interruptions. If you’ve got an overseas trip planned that includes a lot of walking and you break your leg before the event, you can get your prepaid travel costs back with the right insurance.
If your travel plans include physically demanding activities, it may be a good idea to also get trip interruption insurance. Take a bad fall while skiing and go home in a cast? You may be able to recoup some of the time you weren’t able to ski with the right coverage.
The Advantages of Acquiring Travel Insurance
Since 2020, travel has been fragile. Even if conditions in your home location are fine, conditions at your destination may be unhealthy. Should you find that you need to be evacuated with your family from a dangerous situation, the right travel insurance can protect you.
You can also tailor your travel insurance to your needs. Are you planning to fly to Europe to cruise out of Rome? Historically, it’s possible that your trip could be impacted by events up to and including the eruption of a volcano.
Should you miss the first few days of your cruise out of Rome and need to catch up with the ship at another port, you may be able to be reimbursed with travel delay insurance. This coverage will cover non-refundable payments you’ve already made for parts of the trip you missed.
What to Make Sure is in Your Travel Insurance Policy
Overall, travel insurance can be a very small percentage of what you paid for your trip. If your plans include multiple stops in different cities, travel interruption insurance is a wise choice. If you plan to go skydiving or parasailing, you’d be wise to invest in travel adventure insurance. Not only will this protect the remainder of your trip should you need emergency medical care, but it may supplement your health insurance coverage.
Coverage for lost luggage is a wise choice, especially if your travels include a wardrobe that includes formal events. If your travels are part of your honeymoon and your trousseau is dedicated to your travels, coverage for these garments is critical.
Make sure you check to see if your travel insurance provider has an app that you can use to monitor your policy, file any claims and track your payout. Knowing that your vacation investment will be protected if things fall apart can greatly lower your stress level. Tracking things on your phone will be simpler and more convenient.
Travel is a great joy when everything goes well. When things don’t all go well, travel can still be entertaining. With the right insurance policy in place before you get on the plane, bus or train, travel doesn’t have to be stressful or at least too stress inducing.
