When planning your next trip, it’s always a good idea to purchase travel insurance so that you can enjoy your trip. This ensures that you are protected against any eventuality, without compromising your savings. Read on as we explore what travel insurance covers:
Travel insurance coverage can be roughly divided into the following sections:
If you have a medical complication while traveling, travel insurance generally covers the cost of visiting your doctor and hospitalization costs up to the benefit limit. However, it is important to know if your medical insurance is primary or secondary; this is how it relates to your overall health insurance plan. It is also important to understand the policy regarding coverage for pre-existing conditions.
Protect your assets
When you travel, it is also crucial that you protect your belongings. Fortunately, in the event of damage or loss of personal belongings while traveling, travel insurance can help protect those items. If your baggage is stolen or lost, travel insurance can help pay for replacement items. However, it’s important to remember that most claims are not paid until you file them with a list of items that have been stolen or lost, along with the original receipt. However, some policies allow you to have coverage during your trip without these documents.
Protect your experiences
Travel insurance can also cover unused prepaid expenses in the event that you are forced to interrupt your travel plans halfway. This can include trip cancellations or trip interruptions.
In some policies there is also coverage for reimbursement of your expenses if your flight is canceled and you need to find overnight accommodation, or if a travel delay means you miss scheduled tours or connecting flights, or if your selected tour operator comes out of work.
Most travel insurance plans also offer travel assistance in addition to their policies. It is a 24/7 emergency hotline that assists you and provides you with resources to deal with the difficulties covered by your travel insurance, while you are traveling.