Travel Insurance Made Easy

Traveling to different vacation spots can be very enjoyable. It can even be some of the best times in your life. But with this there are many things that go into it, many things to consider. You want to make sure you have covered all your bases. You pick a hotel, find tour guides and pick the best attractions and restaurants. You even make sure you have all your clothes prepared and everything you will need on the trip and have someone to watch your house and pets. One thing most people don’t think about, which they should, is travel insurance. This can help make a mishap in your vacation be that much less of a hassle.

The type of travel insurance you will need will really just depend on what you are looking for. You can get basic insurance that covers one thing or one that is more comprehensive and covers many different things that could go wrong on your trip. These are things like baggage insurance or personal effects insurance. This would cover you if the airline or hotel happens to lose you things, which happens more often than we would like. You can even get cancellation insurance. This is for people who are going on a cruise and for some reason the cruise line cancels the cruise they have paid for. You can also get travel insurance for covering medical expenses in case you have a medical emergency while you are away and your regular medical insurance may not cover. You can even buy accidental death insurance. I know this sounds a little morbid but if you are doing something that is extremely dangerous, such as excessive hiking, especially where you may be by yourself or even things the sky diving, it may just be worth it. You can never be too safe with things like this. You can even get travelers insurance that will cover your rental car in case of an accident. These policies are designed to fit your vacationing needs and insure that you will be as happy as possible.

There are many places you can choose from for your travel insurance needs. You can choose sites like insuremytrip.com which will ask you a series of questions and find the right insurance policy for you. If you are one of those people who don’t want to have many quotes at once, but instead prefer one on one contact with a company, there are many places to choose from for this. You can choose from companies like Travel Guard, TripsEtc and Travelex just to name a few. Vacations are expensive and usually cost thousands of dollars. You should make sure that your vacation is insured to make sure it is as smooth as possible. Accidents happen all the time, bags are lost, and people get sick. This is just part of life. But if you make sure that you have travel insurance, you can rest assured that even if the unexpected happens, you will be covered.

What Travel Insurance Company Would Be The Best For You?

Whenever you plan to travel abroad, travel insurance, from one of the reputed travel insurance companies, needs to be considered for the trip. Traveling anywhere outside your country of citizenship is not without risks. An easy way to offset some of this risk is through travel insurance.

Travel insurance may include an accidental death and dismemberment policy, a policy for repatriation of the remains, or medical emergency and emergency medical evacuation while you are on a trip outside the United States.

Depending on where you are going for your trip, and why, additional coverage like foreign commercial liability, foreign automobile liability or foreign workers compensation and sickness policies might become necessary.

Make sure that you check with your doctor or contact your insurance professional in order to discuss the details of your trip, and figure out your insurance needs.

Travel insurance from most travel insurance companies can be arranged a long time, even months, before the actual trip, and consists of a range of insurance coverage services safeguarding you throughout your trip, before, during, and after. In truth, accidents, emergencies, and unforeseen events can happen anywhere, and to anyone. Travel insurance companies, and their policies give you the peace of mind of having protected your investment and your health, as well as your belongings. It

> Protects your investment if you have to cancel

> Provides emergency medical referral and assistance

> Reimburses unexpected expenses due to emergencies

> Protects you during the medical emergency

> Provides medical assistance abroad

> Provides emergency evacuation if necessary

The AAA Insurance Company, for example, provides insurance for the basic travel needs, along with many other services. While many other companies like Travel Guard, have plans that provide Primary Emergency Medical coverage, and Trip Interruption plans that refund the a large part of the cost of a one-way ticket or the non-refundable trip cost.

Travel Guard guarantees payment to the relevant medical facility and makes your admission easy, and also continues to cover your medical expenses for as long as one year after you return home.

If you have to seek medical treatment while you are on your trip, companies like Travelex will cover Emergency Medical & Emergency Medical Evacuation / Repatriation. Advance payment is generally made to the Hospital if it is needed to secure admission.

In addition, some policies may cover the cost of delayed flights and lost luggage, and evacuating the person to the nearest adequate medical facility, or a hospital of choice, if necessary.

The Emergency Medical coverage usually ends, however, as soon as you reach your home, especially if you have been returned under the Emergency Medical Transportation/Evacuation coverage

The plans from travel insurance companies like Travel Safe cover the losses incurred due to family members not scheduled to travel with you, up to a maximum of six people per cancellation / interruption claim due to an accident or sickness of just one person in the party.

Several insurance companies offer stand-alone medical evacuation insurance. The costs range from $69 to $109 a trip at Travel Guard to Access America’s annual policies beginning at $190 per person.

Travel Insurance For Cruises – Peace of Mind Or Ripoff?

Travel Insurance for Cruises –

To Buy or Not to Buy
Cruise Line Insurance
Third Party Insurance
Processing a Claim

To buy or not to buy –

Buying insurance is like betting against yourself – not always the most satisfying thing to do – but almost always worth the peace of mind, not to mention the protection afforded.

Several factors need to be assessed to determine if travel insurance is a good idea – and it almost always is – as well as how much coverage you really need. Buying too much or too little coverage can be almost as bad having none at all.

In order to make an informed decision – be aware of these facts:

– Almost all cruise deposits are fully refundable

– Nothing is at risk until under full payment which is usually required 70 to 75 days prior to departure.

– The real financial risk comes in the month prior to departure, should you have to cancel. The penalty scale varies from one cruise line to another but as a rule of thumb, the closer to sailing the less the refund. For example, if you cancel 60 days prior to departure you might be eligible for an 80% refund, but within 30 days it could be 50% or less. Cancel within two weeks of departure you will probably lose 100% of your cruise fare.

(We know what you are thinking. It doesn’t matter whether they sell your cabin to someone else or not. They will…and still keep as much of your money as the fine print and the letter of the law will allow. To quote Tony Soprano (…or was it Michael Corleone?) – “It’s just business, nothing personal.”)

Cruise line insurance –

The best we can say about the coverage offered by cruise lines is that it is convenient. It is a high profit up-sell for the cruise line and they will slip it in as a line item when totaling up your final cost if you don’t specifically request that it be deleted. Unless you need the coverage and simply do not have the time to shop elsewhere, have them remove the fee and recalculate the total.

Cancellation insurance offered by the cruise line is a “one-size-fits-all” product. No customization is possible. Additionally, it only covers your cruise investment and not any other add-ons that you may have arranged on your own – such as non-refundable air tickets, cancellation fees associated with a hotel, car rentals, etc.

Third party insurance –

Highly recommended due to customization possibilities – third party insurance often provides better coverage for the same or less money. Premiums are flexible depending on:

A. The dollar amount to be covered

B. Extent of reasons for cancellation that you might need covered (from personal illness or injury to just changing your mind)

C. Ages of the travelers

Steps to purchasing third party insurance –

Determine the amount of money that you would need to recoup in an emergency or last minute cancellation. Next, realistically assess possible reasons that could cause you to cancel.

Questions to ask:

1. Do you have any non-traveling family members or relatives at risk because of disease or age where a change in condition might cause you to have to cancel?

2. Might a business reason require cancellation – change of employment status – loss of job, etc.? If self-employed or a business owner – could an unforeseen circumstance such as the departure of a key employee, etc. require you to stay home?

3. Does any member of the traveling party have a condition that could require medical evacuation or premature departure from the cruise?

4. Is anyone in your traveling party a “high risk” individual – one with a propensity for skateboarding down steep mountain roads in a thunderstorm at night?

Armed with answers to the above questions – visit a travel insurance website and use the online comparison tools to determine which policy best suits your needs. If the idea of doing research online does not appeal to you – ask your travel agent if they are licensed to sell third party travel insurance. If the answer is yes, provide them with the answers to items above and request suggestions accordingly.

Tip – Many third party insurers – offer enhanced coverage at no additional cost if the insurance is purchased within 15 days of the initial deposit to the cruise line. This “free” expanded coverage can often double the medical emergency and repatriation allowance; as well as provide coverage for “just changing your mind”. (To date, we know of no one who has tested this last reason, so read the find print carefully.)

Processing a claim –

An unfortunate reality of the insurance industry is that initial denial of claims is too often standard operating procedure. The best way to assure that your claim is valid and payable in the eyes of the insurance company is to document, document, document. Obtain corroborating documentation for everything. Take photos, if possible. Get a picture of that Orangutan that bit you. Get a cell phone camera shot of the Rickshaw that ran over Aunt Martha.

Rest assured there will be at least one doctor, several nurses and state-of-the-art medical facilities on board the ship- as required by law. However, if you seek treatment from the on board medical staff you will be billed. Big Time!

If you expect reimbursement from the insurance provider for these on board medical expenses, get the full name and title of the ship’s Albanian Dr. Kildare – even though it may be unpronounceable and look more like an eye chart than a proper surname. Be forewarned; however, the good doctor may shamelessly flirt throughout the examination – even if you are female. And, again, we know what you are thinking. Just because you agree to go to his cabin for a private viewing of his fossilized Platypus Egg collection, doesn’t mean you won’t see a line item on your end-of-cruise statement for medical services rendered.

Be sure to hang on to any invoices or receipts resulting from on board medical treatment – plus any other written materials, labels of medications dispensed, etc. Make sure they are marked “paid”. This will help immensely in securing prompt reimbursement from the insurance company.

Terrorism Coverage in Your Travel Insurance Policies

The death of Al Qaeda leader, Osama Bin Laden, has made the news and it certainly created a lot of buzz worldwide. Without doubt, one of the industries most affected by this development on the crackdown against terrorism is travel and tourism.

There is good reason to celebrate but the people are somehow feeling that the notorious terrorist leader has not brought terrorism down with him. Violent attacks of revenge may soon follow and that puts travelers and tourists in precarious circumstances. Because of this, terrorism coverage of travel insurance policies has now become a priority to many travelers. Therefore, it is only smart for people to thoroughly inspect the intricacies of terrorism coverage of their policies.

Americans are warned by the US State Department to limit their travels out of their residence in these moments of uncertainty. Terrorists can just come up with desperate acts of violence at any time and location just to get even. Joining gatherings for public demonstration are also discouraged by the government because they are likely targets if terrorist attacks are to take place.

Terrorism Coverage: It’s All About the Time-Frame

Cancellation of trips due to terrorism is included in travel insurance policies but the details of coverage differ from one policy to another. If you are particular about terrorism coverage, it pays to be aware of its details. There are providers that allow the traveler to cancel as long as the act of terrorism occurred 30 days prior to departure. The 30-day time-frame is a generous duration given by some travel insurance providers. This is by far more advantageous compared to other providers that only offer up to 10 days of allowance.

Obviously, the terrorism coverage with the 30-day time-frame is more desirable. Having an insurance policy with this coverage allows you to have time to cancel your trips when an act of terrorism does happen. Travelers can effectively think through if the trip is worth taking despite the incident related to terrorism.

For instance, a terrorist attack happened fifteen days before your departure. Your trip cancellation will definitely be viable if you hold a policy that has the 30-day time-frame in its terrorism coverage. Other travel insurance policies only have 7-10 days in their terrorism coverage. If you happen to have this kind of policy, your cancellations won’t be covered.

Some insurance providers that has 30-day terrorism coverage policies:

· MH Ross
· Travel Insurance Services
· Travel Safe
· Global Alert
· Travel Guard
· Travel Insured International
· Seven Corners
· Travelex Insurance Services

On the other hand, these providers offer 7-10 days terrorism coverage timeframe: CSA Travel Protection and HTH Worldwide.

When you intend to cancel your trips because of fear without any “actual” incidence of terrorism, do not expect your insurer to cover it. They won’t. Terrorism coverage does not include cancellations due to sneaky suspicions of terrorism plots.