It takes a lot of planning to create the vacation of your dreams. Although you plan everything well, unforeseen events can occur that may derail all of your plans. Anything could happen, including natural disasters, flight delays, illnesses or injuries, and any of these occurrences could cause you to cut your trip short. You may not be able to receive refunds for all of the expenses you paid for your trip, so it could be very costly to cancel. This is what travel insurance was created to prevent.
What Is Travel Insurance?
Travel insurance is protection for your trip if you encounter mishaps while you are away. Because you can never predict the future, it is something to consider before you embark on a journey. If you are taking a trip in the United States and have a health insurance policy, travel insurance may not be necessary, but you would consider it to be money well spent if you become sick while you are away from home.
Different Packages to Know about When It Comes to Travel Insurance
Annual Travel Insurance
This is a convenient policy that allows you to protect multiple trips. With an annual plan, you can cover more than one trip within a year’s time. If you take several trips throughout the year, an annual policy may be more affordable than purchasing a new policy for each trip. An annual plan may cover travel and baggage delays, trip interruptions, medical evacuation and emergency medical care.
Travel Medical Insurance
Travel medical insurance may be necessary if your American health insurance plan does not cover medical expenses when you are abroad. Along with medical emergencies, these policies may cover everything from a short visit to a doctor to the need to be airlifted to a facility. Each insurance company may handle pre-existing conditions differently, so make sure that you bring this up when you are searching for a travel medical insurance policy.
Comprehensive Travel Insurance
Comprehensive travel insurance was aptly named because that is exactly what it is: comprehensive. It offers you the most coverage and includes baggage delays, travel delays, emergency medical evacuation, medical care, trip interruptions and trip cancellations.
What You Want to Make Sure Is Included in Your Travel Insurance Plan
You want to make sure that the events that are most likely to occur are included in your travel insurance plan. For example, if there is a real possibility that you could become sick right before you depart for your trip and need to cancel, cancellation insurance is a must. If you make it to your destination but become ill while on the trip, you may need to interrupt it, obtain emergency medical care or be evacuated by air. This would require trip interruption insurance, emergency medical insurance or medical evacuation insurance.
Consider purchasing a travel insurance policy when you have expensive costs that are not refundable, you are traveling internationally, and your destination does not have access to medical care. Travel insurance will give you the peace of mind you deserve.