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      November 15, 2018

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What Does Travel Insurance Cost

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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.

New Survey Finds More Than 75-percent of Travelers Experience Travel Mishaps, Yet Few Protect Themselves with Travel Insurance

NEW YORK, N.Y., Nov. 14, 2018 (SEND2PRESS NEWSWIRE) - A new survey conducted by travel insurance comparison site TravelInsurance.com found that even though travelers are concerned with travel disrupti...

Published:  Wed, 14 Nov 2018 06:00:00 GMT



Planning an adventure holiday READ the insurance fine print

Travel insurance policies don't generally cover adventurous or sporting activities like bungee jumping, paragliding, mountain climbing, or white water rafting, which fall under hazardous activities, s...

Published:  Mon, 12 Nov 2018 19:26:00 GMT



Travel Insurance Coverage for California Wildfires Explained

ST. PETERSBURG, Fla., Nov. 13, 2018 /PRNewswire/ --California's catastrophic wildfires are threatening the homes of over 13 million residents and forcing evacuations in major metropolitan areas. With ...

Published:  Tue, 13 Nov 2018 08:45:00 GMT



Despite Record Disruptions, Most Travelers Still Don't Opt for Insurance

According to the survey, more than half of consumers have never purchased travel insurance and two thirds of those who have never purchased it have never even considered it. Photo: Shutterstock.com. D...

Published:  Wed, 14 Nov 2018 05:49:00 GMT



Travel Insurance market examined in new research report

Travel Insurance Market helps in understanding the key product segments and their future Growth in tourism is the prime factor that drives the travel insurance market. In order to analyze the world tr...

Published:  Tue, 13 Nov 2018 03:39:00 GMT



Are you using your travel insurance right

India's outbound travel has considerably surged over the past few years and so has the need for a travel insurance cover. While the experiential travel is on a rise in India and more people are willin...

Published:  Wed, 07 Nov 2018 19:04:00 GMT



Is credit card travel insurance enough

UAE residents are being urged to buy dedicated travel insurance before their next trip, rather than relying on coverage that comes as a perk with their credit card. According to yallacompare, the Midd...

Published:  Sun, 04 Nov 2018 22:06:00 GMT



Pre-existing medical conditions and travel insurance: do you know what you're covered for

Despite the fact that as more Aussies of all ages head overseas and more are also paying closer attention to their travel insurance, over a third of Aussie travellers with a pre-existing medical condi...

Published:  Mon, 12 Nov 2018 20:21:00 GMT



Visiting UAE Buy a travel insurance plan

Dubai: A newlywed from India visiting the UAE with his lady-love has been hospitalised with multiple fractures after he met with a road accident in Dubai. But as Prabhu, a 29-year-old from Tamil ...

Published:  Mon, 05 Nov 2018 04:28:00 GMT



WTM 2018: Buy travel insurance to avoid crowdfunding appeals, Abta urges

British tourists must buy travel insurance that is "fit for purpose" to avoid having to launch crowdfunding appeals through the media. Speaking at World Travel Market, Abta's senior destinations manag...

Published:  Wed, 07 Nov 2018 05:42:00 GMT



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