Hello travelers, today we talk Travel insurance Tips.
It’s not the most exciting topic for many of you have been asking me to do.
Some basics, Travel insurance breaks down into five main categories.
Now there are plenty of companies that will offer you quotes for comprehensive plans, or you can order them individually.
Today I’m going to focus on three categories.
Medical Insurance – Travel Insurance Tips
If you already have medical insurance at home, start there.
Some policies will cover you for travel within your home country but not abroad, or you might be limited to individual providers.
For example, there might be providers, plenty of them in London but maybe not so much in Singapore.
Here’s a tip.
Ask your provider for a list of affiliates in your destination.
Medical Evacuation Insurance – Travel Insurance Tips
If you’re going skiing or trekking or something prone to accidents in a remote destination, you might want to consider getting medical evacuation insurance.
for example, If you fall off a cliff, the medical evacuation will only cover the costs of transporting you, from wherever it is that you are to a hospital.
You can get a policy that will take you to the nearest local hospital, or you can extend it as much as you want, to take you to the exact hospital at home wherever it is that you want to be treated.
It’s up to you.
Keep in mind; rates tend to go up for every decade over 50 years old.
So insuring your parents on that cruise ship versus your teenager on spring break.
Two very different stories.
Another thing to keep in mind is to keep all receipts with you, because sometimes you may have to pay out of pocket and then submit your claim when you go back home.
Trip Cancellation and Interruption Insurance – Travel Insurance Tips
This type of insurance really versus you for prepaid non-refundable flights hotel bookings or tours.
So I can book a trip by this ensures that people change my mind, I’ll get refunded.
Don’t be fooled by the words cancellation and interruption.
First of all, there are two very different things.
And second of all they only kick in when significant events occur.
Things like a tsunami or a terrorist attack or the death of a family member.
Although this last one is not always a given. So this policy is one where you need to read the fine print.
Things to look out for a check that your airline or tour operator company is covered.
Some surprisingly isn’t.
There is a cancel for any reason policy.
Now this one is much more expensive, and it won’t reimburse you 100 percent of your costs.
But it’s definitely worth looking into.
We all want to know how much does it cost.
Well for that we’re going to go to a website that I like Squaremouth.com.
I like this site for two reasons.
Number one it’s straightforward to follow. It’s clean.
You can compare different plans, and each of the policies is described thoroughly, and they have descriptions for each term, so you know exactly what you were getting into.
Number two customer support is superb.
24 hours a day 365 days a year.
And the people are knowledgeable.
They know what they’re talking about.
They are patient. You can bombard them with questions, and you’ll get your answers.
First, you need to fill out the details of your trip.
So let’s say a young couple is going to France and the trip is going to be 12 days and the total prepaid cost is $3800.
You can see different companies different ranges of prices reviews, and you can read every single policy in detail to see exactly what it covers.
Now, On the left, you can add something specific that you want to make sure it’s covered.
Let’s add the cancel for any reason.
So it pretty much went up about another hundred dollars. Not too bad. So to buy or not to buy.
Well, Think about what we’ll give you the most Peace of mind when you travel.
Ask yourself this, how severe are the consequences if you do not get insurance and something bad happens.
Give me your answer in the comment below.
That’s all I have for you today. Now, this is only the tips.
You have to read your policy. You have to know what you’re covered for.