Travel Insurance is not just another way for Travel Professionals to earn more money. Think about it, when you purchase homeowners, renters, auto, or life insurance you don’t call it just another ploy for someone to take more money from you. The listed insurance policies give you peace of mind and a sense on financial security because you know should a issue arise you will be covered. Travel Insurance does the same for you heard earned and well deserved vacation.
Here are some of the things a travel insurance plan may cover:
- Trip Cancellation/Trip Interruption
- Emergency Medical & Dental Care
- Emergency Medical Transportation/Evacuation
- Baggage Loss/Damage
- 24-Hour Concierge Service
In some cases travel insurance can be purchased up to 14 days after your first deposit while some companies allow coverage to be purchased up to final deposit or beyond. Given the recent devastation caused by Hurricanes Harvey & Irma it’s important for travelers to understand why and how they can cover themselves. Many travelers found themselves stranded as a result of one of the storms or were forced to cancel upcoming travel arrangements. Those who planned their trips on their own are less likely to travel with proper insurance, while those who utilize a travel professional are more likely to purchase insurance that fits their needs because Travel Advisors take the time to explain the benefits of insurance so clients can make an informed decision. This does not mean that 100% of clients booking through a travel agency will elect to buy insurance.
Many agents have been working double time trying to help travelers that declined insurance in the wake of the hurricanes but to no avail. Insured travelers, with cancel for any reason insurance, were able to file claims for refunds. This means those travelers will receive cash refunds instead of vacation vouchers with time limitations. Uninsured travelers are out thousands of dollars because they declined travel insurance that could have been added for as low as $17 depending on the level of insurance needed.
You work hard everyday and once a year you treat yourself and/or family to a vacation. Don’t you deserve to have peace of mind knowing that you’re covered should unforeseen circumstances arise? From unforeseen situations that can arise before travel to a medical emergency while on vacation that could costs thousands in upfront fees, you’ll be covered. The next time you book your well-deserved vacation be sure to ask about your travel insurance options.