There are many types of travel insurance that you
can choose from. Sometimes making the decision that
is right for you can seem like a daunting job. Take
your time understanding how travel insurance works
and what type of insurance is going to suit your travel
needs. The first thing that you need to know is that
most travel insurance companies offer two types of
insurance coverage, with many variation in between.
The two basic types of travel insurance are trip cancellation/interruption
insurance and emergency medical evacuation insurance.
Trip cancellation service will reimburse you in the
event that your trip or vacation was cancelled or
delayed due to circumstances outside of your control.
This type of insurance will only pay for reasons that
are “covered”. Therefore make sure that
you find out exactly what are considered to be covered
circumstances and which are not.
Emergency medical evacuation travel insurance will
pay the cost involved with transporting you to safety
in the event of a medical emergency. If you already
have your own health insurance you should check your
policy to see if it is applicable to travel outside
of your country. If your own health insurance doesn’t
cover you in a foreign country you may want to think
about purchasing emergency medical evacuation travel
insurance since you don’t want to be on your
vacation and find yourself without this type of travel
Annual travel insurance is perfect to have if you
are making more than one trip per year and especially
great if you are planning an unlimited number of trips.
By purchasing annual travel insurance you will be
saving money so that you don’t have to buy travel
insurance each time that you travel. Many insurance
companies have an age limit on this type of insurance
policy of a maximum 65 years of age. The annual travel
insurance policy is good if you travel a lot for business.
When you buy annual travel insurance you won’t
forget to buy travel insurance every time that you
International travel insurance is something that
you will want to think about purchasing if you are
traveling to another country or if you are a student
studying in another country for an extended period
of time. International travel insurance offers some
benefits that other types of travel insurance to not,
as well as provides you with some added coverage for
when you are not in your own country. When you travel
to another country there are more chances of delayed
or canceled flights, especially if you are trying
to make connecting flights. International travel insurance
will offer you the compensation that you need against
these delayed flights. There are many different additions
and changes that you can make to your policy when
you are buying international travel insurance. Make
sure that you ask your travel agent about all the
different ins and outs of this type of travel insurance.