Best Travel Insurance
Though international travel is exciting, it comes with its fair of risks, and combined with the expensive medical care abroad; all travelers need to get travel insurance. That way, you will enjoy medical assistance and evacuation during emergency cases in your vacation. And besides, most of the insurance providers work in all countries, and you’ll, therefore, be more confident as you have fun during your vacation.
Relax. Take travel insurance with you. Get a Quote Now at TravelexInsurance.com!
Besides, trips are expensive, and so when planning to spend hundreds of bucks, don’t forget about travel insurance. They’re useful in cases where you have to cancel the trip due to unavoidable reasons like illness, weather, and more. Especially in this Covid-19 era, travel insurance is vital to safeguarding you against any unexpected medical issues while protecting your luggage, and helps you avoid paying extra unwarranted costs.
And when it comes to finding the best insurance, there are many factors to consider. What matters most is your age, what you want to cover, and other unique needs you might have. For instance, if you have a family, then you’ll need travel insurance that can cover you plus them during the trip.
Importance of Travel Insurance
Travel insurance is helpful in unexpected situations such as poor health, job and luggage loss. Before you choose your insurance, consider your traveling needs since a trip to a Mexican resort won’t be the same as a hike to Mount Kenya.
Without travel insurance, you will cater to medical costs in case of an accident, illness, or injury. Also, you’ll account for the flight cancellation costs or lost luggage during your trip. Since these costs are usually high, travel insurance will prevent you from using your money to pay for unexpected expenses. Traveling is an exciting venture all way, but you may encounter things that go above your control and even with proper planning, surprises are bound to happen. Therefore, get travel insurance to safeguard you better.
What Is Covered and What Is Not?
There are numerous travel insurance packages from their providers with each having its unique coverage’s. Choose one that matches your vacation needs. Some characteristics of the ideal insurance package are:
Provides abroad medical coverage for emergency cases
Caters for trip interruption or trip cancellation costs
Caters for the loss or theft of valuables or baggage.
Access to help within 24 hours
How to Choose a Travel Insurance Plan?
The ideal travel insurance plan for every traveler will vary, and knowing the most suitable for you is easier with the right guide. Most travel insurance providers have more than one package to suit different types of users. Typically, they will require you to enter your age, trip dates, and trip costs before giving you recommendations on the best insurance plan for you. Some also allow you to compare the pros and cons of different packages before deciding on the one you want to buy.
For instance, Allianz Global Assistant has different travel insurance plans with each having unique benefits to its users. The OneTrip Cancellation Plus Plan is ideal for those who want to visit the U.S on a budget and covers trip delay, trip interruption, and trip cancellation. Another package is their OneTrip Emergency Medical Plan that covers your medical expenses such as emergency transport and emergency medical; however, it doesn’t include trip interruption or trip cancellation.
On the other hand, their OneTrip Prime Plan comes with numerous benefits and also covers kids who are under 18 years when traveling with them. But if you’ll make multiple trips each year, then go for the AllTrips Prime Plan, which is an annual plan that offers insurance during one year of travel. It covers various aspects, including interruption and trip cancellation plus medical and emergency care and delayed/lost baggage.
Best Travel Insurance to Buy – Travelex
Well, if you’re looking for the best travel insurance, then you’ll never go wrong with Travelex Insurance Services. This insurance provider was founded in 1996 and is headquartered in Omaha. It has different insurance packages, and you can choose any based on your coverage needs during the vacation.
Besides, it operates across the world with their lowest plan costing $28 and covering essentials like trip interruptions, trip cancellations, emergencies, medical assistance, and evacuation. What’s more, you can upgrade your package anytime. You’ll also enjoy trip interruptions coverage of up to $50,000. And if you experience numerous trip interruptions, then you’ll be compensated with 150%. For your emergency medical cover, you will receive up to $50,000. And if you have a pre-existing medical condition, then it will be covered for the first 21 days after you purchase the cover.
Travelex- Travelex will offer you entry-level travel insurance policies that feature competitive pricing. But note that their maximum compensation limit for baggage delays and trip delays are quite low.
Where to Buy Travel Insurance online
There are dozens of travel policies, and your best choice will depend on your actual needs. When you enter online, search for the travel insurance policies available in your country. Then check the user and site reviews to decide which policy to take home. Besides, different plans come with their travel protection.
And as you purchase travel insurance, you’ll realize that the providers sell them as comprehensive plans or as a package that comes with some types of coverage. But instead of buying a particular policy, some insurers also enable you to customize a package by choosing the types of coverage you need that’ll suit your needs. Comparison sites will also help you get information on different providers and make the right decision.
Travel Insurance Cost
The annual travel insurance policies cost depends on various factors like your age, trip cost, trip length, coverage limits, and the type of plan. Trip interruption and trip cancellation plans can be calculated per trip and the price will be based on your age, the required coverage, and the total trip cost. But expect to pay 4-8% of your total trip cost as the travel insurance. Therefore, if you’re planning to go on a trip that’ll cost $1000, then the travel insurance costs will go for $40-$80.
Relax. Take travel insurance with you. Get a Quote Now at TravelexInsurance.com!
But avoid buying travel insurance package from a travel agent or organizer for your trip, as their core interest is to safeguard the company’s interest than those of the consumer. Some of the top online booking sites are Travelocity and Expedia. Here, you’ll get detailed comparisons of the different available travel insurance plans.
Travel Insurance for the Elderly or Senior Travel Insurance
Well, if you’re a senior traveler, then you’ll likely have some special considerations when seeking travel insurance. Your best bet would be Travel Guard insurance since it has plenty of features that are ideal for seniors. And besides the typical coverage, you’ll also get coverage for your medical expenses and pre-existing health conditions at a slightly higher price than the normal rates. The policy also has unique features like reserved assistance and health advisories.
The essential entry-level package from the Travel Guard Company offers you coverage for your trip cancellations, emergency evacuation, medical expenses for your travel, and your lost baggage. You may want to exclude the coverage for pre-existing medical conditions in your travel insurance, and luckily, many plans suit different travelers. These plans may confuse you at first, but with the help of customer care agents, it’ll be much easier to navigate the waters. However, you may be restricted to the availability of these policies in some states such as Florida, Washington D.C, Minnesota, and Missouri.
Pre-Existing Medical Travel Insurance
In case you are on treatment for some medical condition, then you’ll pay higher for your travel insurance. Therefore, if you recently booked your trip and it got canceled due to Covid-19, then you have less help as you can’t book an insurance cover now. But in the future know that travel insurance helps protect you against the possible unforeseen costs such as injury, accidents, or theft during your vacation. Besides, it’ll safeguard you during emergency cases that may force you to return early or cancel the trip.
Protect your travel investment with Travelex Insurance!
And for those who have any existing medical conditions, the insurance cover will pay for their costs. It operates like any other insurance policy except that it will also pay for the expenses you may encounter if you suffer from any recent medical problem or one you have experienced in the past. And if the insurer sees your condition as less severe, then you only go for a standard policy, but if it’s serious, then you’ll include the condition in your policy, leading to a small increase in the price.
But everything will depend on your insurer when it comes to the listing of conditions as mild or severe. Therefore, discuss with the insurer on the amount you can pay to include the condition in your cover or opt for a policy that covers the condition. But overall, go for an option that’ll be budget-wise.
Travel Insurance for Children/ Family/ Single Travelers
Finding the best insurance for your kids is not as hard as you only need to consider:
The kids’ age
Type of cover you need
Frequency of your kid’s travel
Purposes of the vacation
And when looking for the best value travel insurance for your kids, you can get confused, and it might seem daunting at first. But the good news is there are dozens of insurance providers who are offering cheap policies to your kids. One of the top providers is Holiday Extras that covers the US, UK, and several locations across the globe.
Here, they will ensure your child remains insured when traveling at school, with his parents or if they’re unaccompanied by anyone. You’ll also find other reputable vendors, and you can choose to buy a travel insurance package that covers your kids’ medical and emergency needs.
Do Credit Cards come with Travel Insurance?
Yes, some credit cards have essential trip protection or travel insurance when you use them to book accommodation or flights. But they don’t offer enough payouts, have less coverage; however, they are enough for some people in need of little protection. Each credit card company has its specific terms for its credit cards. Some of the credit cards that feature travel insurance are Ink Business Preferred, Chase Sapphire Reserve, and some American Express cards.
Relax. Take travel insurance with you. Get a Quote Now at TravelexInsurance.com!
Travel insurance is vital in this age of traveling and will boost your confidence even in this Covid-19 era. Ensure you have your luggage, medical expenses, and emergencies covered to avoid inconveniences in case of any adverse outcomes.