We are firm believers in that old saying, hope for the best, but plan for the worst. No one plans on getting sick or injured before a trip or having your luggage or passport stolen or having a natural disaster strike, but the fact is, these things do happen and we have little to no control over them.
These reasons and more are why we highly recommend purchasing travel insurance for your next adventure. But finding the right travel insurance for you can seem a bit daunting as there are many choices of out there and not
Here are a few tips to consider when researching your travel insurance policy:
Purchase Your Travel Insurance within 14 Days of Booking Your Adventure Some travel insurance policies are cheaper or have more features available if you purchase it within 14 days of making your first deposit or payment for a trip. For most trips, this will be the date you pay the deposit. However, if you sign up for a tour that has not yet been confirmed to run, your deposit may be considered a “good faith” deposit, and the date the trip is actually confirmed will be your booking date. Some providers only consider the original date of deposit payment so it is always best to check this before
Check Your Existing Medical Insurance Make sure to do your research on both what your current health plan will cover as well as what is required for where you are going. Some medical insurers will cover you overseas, but Medicare does not. Additionally, there are some countries, such as Cuba, that require you to purchase specific medical coverage before entering.
Pre-existing Conditions Have a pre-existing condition (meaning: any condition that you have already received medical advice or treatment for prior to enrollment in the new insurance plan)? Not all travel insurance policies cover them so make sure it is included in your policy.
Cancel For Any Reason Some policies only allow you to cancel a trip for specific reasons such as unexpected illness or injury that deems you unfit to travel while you are on the trip. But what if something comes up with work or you have a family member that becomes seriously ill or passes away? Those won’t be covered unless it is explicitly listed within the policy. To combat semantics, you can look for a policy that allows you to “cancel for any reason”. It may cost a little more but it can save you money in the end. Just make sure to read your policy thoroughly as there are still rules around how and when it can be used.
Get Everything In Writing You may choose to call travel insurance companies to have your questions answered and to get a quote, which is fine, but make sure that you have everything in writing and that your policy matches all the details you discussed with the insurance agent.
Accidents happen and weather can’t be changed, why not protect yourself from the unexpected ahead of time? Travel insurance is an additional cost to your vacation but it can give you some piece of mind and have the potential to save you a good amount of money in the end.