As enjoyable and enlightening as travel is, many scenarios can ruin your trip. Purchasing a travel insurance policy through a reputable company can help you recoup financial losses from the misfortunes you may experience while traveling. Here are 8 situations travel insurance can help solve.
1. Canceling Your Trip
Suppose your plane tickets, hotel, and attractions are booked and paid for. However, a situation arises that forces you to cancel. You might get sick, a natural disaster could occur either at home or at your destination, or you have a death in the family. The right travel insurance policy can reimburse you for non-refundable expenses.
2. Your Trip Gets Delayed
Airlines are notorious for unexpected delays. Even cruise lines sometimes delay embarkments for severe weather or to clean and sanitize after a reported contagious illness. Even short delays can mean lost expenses for reserved accommodations and attractions. Depending on the length of the delay, travel insurance policies may reimburse you for these losses.
3. Missing a Flight
Most of the time, passengers must get to the airport hours to meet boarding times. No matter how carefully you plan, several scenarios can make you late. Since most major airports are located in larger cities, travel delays are common. A flat tire or other car trouble can make you late. If you incur expenses from cancelations due to a missed flight, some travel policies will reimburse you for costs incurred due to tardiness.
4. Lost or Delayed Baggage
Only a small percentage of luggage gets lost by airlines, and chances are, you’ll get it back. However, everything you need while away from home is in your bags from clothing to electronics and toiletries. Your trip can be saved by purchasing a travel insurance policy that helps locate your luggage. If it can’t be found, you’ll be reimbursed for the items you must go out and purchase at your destination.
5. Unforeseen Interruptions
Suppose you’re at your destination having fun when an unforeseen emergency happens. It could be the death of someone back home, a natural disaster, or you or someone in your travel group could get sick. Some travel policies will reimburse you for prepaid or nonrefundable expenses and the higher cost of returning home early.
6. Accidents Involving Rental Vehicles
Traveling long distances often involves renting a car to get around while at your destination. You should be aware that not all auto insurance policies include rental cars. That’s why car rental agencies offer it, and often at a hefty price. To save money, look for a travel policy that offers vehicle coverage as an add-on.
7. Needing Medical Treatment
If you have an injury or illness that requires hospitalization while traveling, you may incur very high costs. The solution is a travel policy that supplements your standard medical insurance. It may even cover the cost of a family member or friend to travel to be by your side.
8. Additional Life Insurance
Sure, you want to focus on fun and relaxation on your vacation. However, the truth is that it can be dangerous to travel. You can make accidental death and dismemberment a part of your travel insurance policy to better provide for your beneficiaries.