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      January 20, 2019

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What Does Travel Insurance Cost

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TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

How Travel Insurance Can Save Your Vacation

If you're thinking about planning your next vacation for you or for you and your family, you may want to include the purchase of travel insurance in your budget.

The percentage of people purchasing travel insurance has been on the rise over the last 10 years. Prior to that, less than 10 percent of travelers purchased travel insurance. Today, almost 30 percent of travelers purchase some sort of travel insurance coverage.

When preparing for and budgeting for a vacation, you should consider the different types of plans so you know which one will cover your needs best.

Travel insurance plans are available in a wide range of prices and cover a variety of circumstances. You can research plans online to find out which plan suits you, your vacation and your budget.

Many travel insurance plans cover financial loss. For example, many travel insurance plans will reimburse any money you have paid for nonrefundable tickets or payments, unused payments or deposits. These types of plans will reimburse your money if you have to cancel or interrupt your trip due to a reason covered by that plan. If you have booked an all inclusive stay at a family resort, but have an illness in the family that prevents you from taking that trip, your travel insurance will reimburse your costs so that you do not lose your money for a trip you could not take. Other plans can help cover unexpected travel expenses incurred due to unforeseen circumstances, which you have no control over. For example, during times of flight delays and cancellations due to weather, some travel insurance plans provide reimbursement for additional travel expenses you may incur, such as meals and accommodations.

Travel insurance can also cover some limited medical expenses. For example, some travel insurance plans will cover the costs of replacing prescriptions and necessary doctor, hospital or even dental visits while on vacation. This is important especially when travelling abroad since most health insurance plans do not cover medical expenses incurred outside the U.S.

Additional items covered by travel insurance plans can include: lost or stolen baggage, credit card replacement, legal assistance, language translation and, in case of death, return of remains.

When researching plans, make sure the policy includes 24-hour contact information either by phone or by internet from anywhere in the world. The right plan will be worth the small investment you’ll make in time and money if anything goes wrong.

To protect you, your family and your hard-earned money, be sure to research travel insurance options while you are making vacation plans. Much of the research can be done online.

Thailand likely to make travel insurance compulsory for all foreign arrivals

Thailand's tourism officials are looking at introducing compulsory travel insurance for international visitors in the near future, especially as a recent spate of accidents involving tourists have cas...

Published:  Thu, 17 Jan 2019 19:28:00 GMT



Travel insurance - the globetrotters' amulet

Passports and travel insurance are critical documents for people who travel regularly. In order to ensure one's safety and to enjoy a smooth journey, most travel agencies recommend that tourists shoul...

Published:  Wed, 16 Jan 2019 22:13:00 GMT



What your travel insurance probably doesn't cover

When I was bitten by a monkey in Bali as a 20-year-old, my first thought was: "˜F-k, my mum specifically told me to stay away from animals. My second thought was: "˜Do I even have travel ...

Published:  Mon, 14 Jan 2019 09:04:00 GMT



Company Launches Travel Insurance Specifically Designed for Cruises

Berkshire Hathaway Travel Protection (BHTP) has launched a new travel insurance product that is specifically designed for cruises and the needs of cruise travelers. Called WaveCare, this is a ...

Published:  Mon, 14 Jan 2019 10:51:00 GMT



Berkshire Hathaway Debuts Cruise Travel Insurance Called WaveCare

A lot of travelers are still opting against travel insurance, despite most of them experiencing a flight delay. Photo: Shutterstock.com. Berkshire Hathaway is now offering a brand new product for crui...

Published:  Tue, 15 Jan 2019 06:52:00 GMT



Acko partners Goibibo for travel insurance foray

Acko General Insurance, a new-age online insurance provider, has entered into a strategic tie-up with Goibibo, a leading online B2C travel aggregator, to offer customised travel insurance for the latt...

Published:  Wed, 16 Jan 2019 08:04:00 GMT



Travelex Insurance Services' first corporate mission trip a success

"Volunteer tourism is a growing trend in corporate travel," Keller said. "Whether the sole purpose of a business trip or simply a component, companies like Travelex Insurance Services enjoy giving the...

Published:  Thu, 17 Jan 2019 04:14:00 GMT



Winter sport enthusiasts urged to review travel insurance to ensure they are covered

British winter sport enthusiasts heading to European ski resorts are being urged to check their travel insurance after heavy snowfall on the continent. Those who don't carefully study terms and condit...

Published:  Tue, 15 Jan 2019 08:03:00 GMT



Norovirus Outbreak: The Cruiser's Guide to What's Covered by Travel Insurance

ST. PETERSBURG, Fla., Jan. 15, 2019 /PRNewswire/ -- Last week, a Norovirus outbreak aboard a Royal Caribbean cruise sickened hundreds and forced the ship to return to port early, spurring a wave ...

Published:  Tue, 15 Jan 2019 11:33:00 GMT



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