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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.

Travel Insurance is Not Just a "˜Nice to Have' for Those Considering Travel During 6-Month-Long Atlantic Hurricane Season

NEW YORK, N.Y., May 21, 2018 (SEND2PRESS NEWSWIRE) - Travelers planning trips to areas frequently in the path of tropical storms and hurricanes have probably considered purchasing travel insurance, but may not be clear on what is covered, according to ...

Published:  Mon, 21 May 2018 06:03:00 GMT



5 features to consider before purchasing a travel insurance policy

During a recent vacation to Turkey, Tejas Mane, a young IT professional, contracted food poisoning. He spent more than five days in a hospital, which would have cost him a fortune, had it not been for a travel insurance plan, with medical sickness benefits ...

Published:  Wed, 23 May 2018 19:57:00 GMT



Generali Global Assistance Releases Results of Annual Summer Travel Survey

NEW YORK and SAN DIEGO, May 23, 2018 /PRNewswire/ -- Generali Global Assistance's Travel Insurance division ("the Company) today releases its annual survey findings on vacation plans for U.S. travelers. The survey found that more U.S. travelers will be ...

Published:  Wed, 23 May 2018 07:19:00 GMT



Travel Insurance Company Advises Agents: 'World Is Not Less Safe'

While terrorist events have heightened anxiety among travelers the last few years, one company believes that travel agents are in a unique position to help alleviate the rising fear. In a press release, APRIL Travel Protection, the Miami-based U.S ...

Published:  Mon, 14 May 2018 05:52:00 GMT



Global Travel Insurance Market Revenue to Register CAGR of 4.7% Over Next 10 Years - MarketResearch.biz

MarketResearch.biz announces publication of its most recently generated research report titled, "Global Travel Insurance Market by Type (Single Trip, Annual Multi-trip, and Long Stay), By Application (Senior Citizens, Education Travelers, Backpackers ...

Published:  Tue, 15 May 2018 07:41:00 GMT



Going abroad GeoBlue travel medical insurance is smart protection in event of injury, illness

Retirees Scott and Trudy Darling are treating themselves to the world, a reward for a job well done during their pre-retirement years. "It was such a busy time raising three kids and working, but we always talked about the places we wanted to go.

Published:  Sat, 19 May 2018 23:36:00 GMT



Italy Travel Insurance Market, Depth Analysis About Industry, Forecast 2023

Portland, OR -- (SBWIRE) -- 05/23/2018 -- Travel insurance covers the cost incurred due to any problematic incidents while traveling. It includes trip cancellation losses, loss of baggage, medical treatment of patients, and loss of travel documents ...

Published:  Wed, 23 May 2018 07:49:00 GMT



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