As we all know, when you travel, “Things Happen”. This is where travel insurance comes into play. Travel insurance can be arranged when you book a trip, for that trip specifically or you can purchase “multi-trip” coverage for any number of trips within a set time frame. When purchasing travel insurance, it’s important to know what events are covered, excluded, the exceptions and what limits apply under the policy you are purchasing.
The most common risks covered under travel insurance plans are the following:
- Medical treatment
- Cancellation, interruption or trip curtailment
- Any unused
- Unused accommodation or travel costs and pre-paid charges if a trip is cancelled or cut short
due to a variety of circumstances depending upon the policy. Circumstances could include jury
service, compulsory quarantine, death, bodily injury and more.
- Travel delays due to weather
- Delayed baggage (emergency replacement of necessary items)
- And more
Also, travel policies may include optional coverages for an additional cost.
- The common exclusions from coverage include the following:
- Pre-existing medical conditions
- Unlicensed operation of a vehicle
- Traveling for the reason of receiving medical treatment
- Injury caused by alcohol, drug use or reckless behavior
- Events arising from terrorism or war, depending upon circumstances
- And more
Always check with your agent for coverage and options.