Travel Insurance Coverage
Travelers of all types buy travel
insurance coverage: singles, families, honeymooners, seniors, volunteer
vacationers, even business travelers. Every traveler and every trip is
different, but understanding the benefits and exclusions is important to
choosing the right policy or package plan.
Note: In each example, a range of coverage represents the high and low. Actual benefits will depend on the plan you choose.
Trip cancellation
Travelers have to cancel their trips for lots of reasons, including:
§
Injury
or illness of insured, travel companion, family member, or business partner
§
Hurricane
or natural disaster strikes destination
§
Bankruptcy
or financial default of travel company
§
Terrorism
or mandatory evacuation at destination
§
Death
or hospitalization of destination host
§
Home
or business damaged, vandalized, or burglarized
§ Jury duty or military redeployment
§
Required
to work, terminated, or transferred
§
Victim
of felonious assault prior to trip
§ Traffic accident prior to trip
§
Theft
of passport or visa prior to trip
§ School year extension
§ and more
This benefit reimburses 100% of your pre-paid, non refundable expenses if you have to cancel your trip for a covered reason.
Trip interruption
This benefit reimburses up to 150% of the unused trip costs and often additional money for return airfare if you have to end your trip for a covered reason.
"Cancel for any reason”
This benefit allows you to cancel within a specified number of hours prior to your departure for any reason at all. This coverage must be purchased within a certain number of days from the initial trip deposit (usually 10-15).
"Cancel for work reasons”
This benefit provides 100% reimbursement of non refundable costs if you have to cancel your trip for a work reason. It must be purchased within a certain number of days (usually 14-21) from the initial deposit.
Medical/Dental coverage
This benefit provides from $10,000 to $250,000 in medical benefits for medical transportation, physician’s expenses, drugs, x-rays, and more. This coverage also pays for emergency dental treatment (limited to a per-tooth maximum between $100 and $250 on average) to resolve acute pain or an injury to natural teeth.
This benefit pays for medically necessary evacuations or the repatriation of a traveler’s remains to their primary residence. Coverage limits range between $25,000 and $1,000,000.
Pre-existing medical condition coverage
This benefit is treated as a waiver to the exclusion in a travel plan. It provides protection for medical expenses that result from a recurring condition. Restrictions apply to this coverage.
Baggage coverage
Baggage coverage provides replacement value (with maximum limits for any single item) for the items inside as well as replacing the luggage itself.
Baggage delay coverage
Coverage for delayed baggage provides a certain amount (from $100 to $500 depending on the plan) to purchase the essentials, like toothpaste, clothing, and more.
Missed connection coverage
This benefit provides a certain amount (from $250 to $2,500) for alternative transportation to get your trip back on schedule and "catch up” to the cruise at the next port-of-call.
Travel delay coverage
This benefit reimburses you a certain amount each day for basic expenses, such as a hotel room and meals, if your trip is delayed for a covered reason. This coverage starts when the delay reaches a certain number of hours (from 6-12 hours depending on the plan).
Car rental collision coverage
This benefit provides protection for the cost of repairs and rental charges imposed by the rental company up to the amounts defined in the policy.
Accidental death and dismemberment (AD&D)
Flight accident
This benefit is often included with a policy’s AD&D protection, but if it is separate, it pays an indemnity up to the covered amount if the insured loses their life or is critically injured due to a flight accident.
Security/Political evacuation
Security and political evacuation
coverage provides the coordination and funds necessary to rescue insured
travelers from a dangerous situation to a place of safety. Once the danger has
cleared, the traveler is then returned home or back to the originating country.
24/7 assistance services
This benefit ensures that you have the support to find medical assistance, get general travel assistance, restore your identification, and more. While this benefit is standard with most travel plans, the type of help that can be provided by the operators differs from company to company.
Travel medical assistance
While nearly all travel plans have
assistance services, this coverage is associated with medical emergencies.
Operators can arrange telephone conferences with doctors, relay emergency
messages back home, and arrange evacuations.
Roadside assistance services
Within the range of assistance
services, some travel protection plans include roadside assistance for common
driving hazards.
Concierge services
To enhance a trip experience, travelers with this benefit on their travel insurance plan can contact a hot-line for concierge services.
Business assistance services
Assistance services can often help business travelers with their needs.
Identity theft services
With this coverage, fraud specialists will help you report the theft. Some plans also provide guidance to restore your credit profile.
Passport/credit card services
This benefit provides assistance to get replacement documents so you can return to your home country. In some cases, this coverage allows you some emergency cash until your credit card can be replaced.
Return of minor children
This benefit provides payment
for airfare and, if necessary, the costs related to an escort (up to the limits
defined by the policy) to return the child(ren) to their home country.
Emergency medical reunion
This benefit provides payment
for airfare and accommodation expenses (not to exceed the daily limit set by
the policy) for one person to be reunited with the hospitalized traveler.
Pet care
This coverage provides payment for
additional boarding or care costs if your trip is delayed for a certain amount
of time (usually after 24 hours).
Adventure activities
This benefit adds an optional
rider to a trip insurance plan to provide medical coverage for injuries
sustained while participating in adventure activities. Each travel insurance
company defines adventurous activities differently, so it is important to
review the plan details.
Sports activities/equipment
This benefit adds medical
coverage for injuries sustained while participating in sports. Some plans
provide reimbursement (usually no more than $600) to rent equipment if yours is
stolen, damaged, or delayed en route. Each travel insurance company defines sports
activities differently so it is important to understand the plan.
Trip Protection Plus is a great companion for your vacation. Plus - no surprise processing fees!
Benefits Level of Coverage Trip Cancellation Protection Up to amount purchased Trip Interruption Protection Up to amount purchased Emergency Medical and Dental Benefit $50,000 Emergency Medical Transportation $1,000,000 Baggage Coverage $1,500 Baggage Delay Coverage $500 Travel/Trip Delay Coverage $200 Missed Connection Coverage $500 Concierge Included 24-Hour Hotline Assistance Included
The maximum amount of Trip Cancellation coverage is $30,000.
The maximum amount of Trip Interruption coverage is $30,000.
Travel Medical Insurance
Benefits Level of Coverage Trip Interruption $5,000 Coverage Worldwide Deductibles $0 to $2,500 Coinsurance in your country 80% of first $5,000 after deductible, then 100% Coinsurance outside your country 100% after deductible Emergency Medical Evacuation $500,000 lifetime max Ambulance Usual, Reasonable & Customary Intensive Care Unit Usual, Reasonable & Customary Adventure Sports Coverage Included Lost Checked Luggage $250 Natural Disaster $100/Day, 5 Day Max Emergency Dental Accident Covered as Part of Policy Overall Max
Read more about Travel Medical Insurance