Finding the best travel insurance…….
Whether you’re trading a villa in Tuscany for a beach house on Cape Cod, or an African safari for the wilds of Disney’s Animal Kingdom, one fact still holds true: “Travel insurance is the best way to protect all of your travels and trip investments during this challenging time”.
While travel insurance can’t prevent things from going wrong, it can help ease your travel woes and get your journey back on track.
The key is to plan ahead. Travel insurance, like all insurance, is predicated on the occurrence of unforeseen events. You need to purchase travel insurance before your trip for maximum coverage and peace of mind protection against the unexpected.
“It only takes one bad travel experience for a person to understand that trip insurance is not a luxury, it’s a necessity”.
“Travel insurance is your best defence against many of the most common risks affecting travel today.”
Trip Cost Protection:
It happens all the time. Just before your family vacation, one of the kids gets sick, forcing you to cancel the fun-filled get-away. The best travel insurance protects your financial investment so you don’t pay for a trip you cannot take. Children are covered at no additional cost through AIG Travel Guard.
Travel Delays/Missed Connections:
A delayed flight can strand a person for hours or even cause them to miss a connecting flight to a vacation cruise. These events occur often and can wreak havoc on your itinerary not to mention your wallet for hotel accommodations, meals, and transportation caused by weather-related delays and cancellations.
Pre-existing Medical Conditions:
If you, a traveling companion, family member, or business partner have a pre-existing medical condition (injury, disease or illness), trip insurance is a must. But plan ahead as the majority of travel insurance policies require that you purchase your policy within 7 to 21 days of your initial trip deposit to be eligible for pre-existing medical conditions coverage.
Hurricanes & Severe Weather:
Mother Nature can be a powerful force to reckon with especially if you are travelling to earthquake, hurricane, or flood prone areas. Travel insurance provides coverage for weather-related trip cancellations, delays and interruptions as well as vacation rentals, resorts, and hotels made uninhabitable by weather.
Most of the major U.S. travel insurers provide financial default/bankruptcy protection if you purchase your travel insurance plan within 7 to 21 days (varies by company and plan) of your initial trip deposit. Although some travel insurers will provide coverage for suppliers that have declared bankruptcy but continue to operate, once a company ceases operations it becomes a foreseen event and insurance can no longer be purchased.
Tour Operator Cancels:
Travel insurance does not provide coverage if a tour operator cancels due to a lack of participants. However, some insurance companies do offer a Cancel For Any Reason policy that allows you to cancel your trip for any reason you choose, up to two days prior to your departure.
The best travel insurance policies will cover an unexpected loss of employment. Plans vary by company but all specify coverage for lay-off of a full-time employee.
To learn more about the protection plans that best suit your vacation travel needs, be sure to visit our travel comparison site.
insuremytrip.com allows consumers to review, rate, compare, analyze and purchase travel insurance from all the leading U.S. travel insurance companies in a completely secure environment.
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