Travel insurance has many benefits. First of all, it provides peace of mind when you are traveling, because you will know that you are covered no matter what. Many policies have specific exclusions for certain situations, including war and acts of terrorism. Many policies also exclude alcohol, drugs, and self-inflicted injuries. Make sure to read your policy before you lock in your policy.
Medical coverage is important when traveling. Even if your current health insurance plan covers these things, it might not work when you’re traveling. Depending on where you’re traveling, you may need specialized coverage in case of an emergency. Travel insurance can cover medical treatment, dental emergencies, and medical transportation. It also covers pre-existing conditions. For instance, if you have diabetes, you may want to purchase travel insurance that covers diabetes, hypertension, and other conditions.
Another benefit of travel insurance is that it reimburses deposits for non-refundable trips. These deposits could include airline tickets, hotel rooms, rental cars, tours, cruises, and more. Some cancellation reasons are covered under travel insurance, including injury, illness, or serious family emergencies. Similarly, you’ll be covered if your airline or travel supplier stops offering services for 24 hours or more. Non-weather disasters, such as strikes, are covered under travel insurance policies.
Before choosing a travel insurance policy, consider what criteria are important to you. If you’re going to travel to foreign countries, it’s best to opt for a comprehensive plan that covers emergencies. You can purchase travel insurance from many different companies, but make sure to read the fine print and ask questions. When comparing quotes, make sure to choose your priority coverages and use those as filtering criteria.