Do You Need a Travel Insurance Review?
Travel Insurance Review
Personally, I think it's very stupid not to take out any travel insurance, especially if you're flying abroad. It can be misunderstood that local insurance covers the loss and is a big shock when claiming. What's more, if you have the right policy, it removes all worries from your trip.
When arranging a trip, you should always get insurance from your travel agent. If not, ask if something goes wrong, as it's in your head.
Is it a cheap policy?
When travel insurance is issued, there are many allocations for premiums, agency fees, administration fees, some for profit and the rest for actual insurance. So, if it's cheap travel insurance, there's no doubt that something will be overlooked and it will be at the level of coverage.
Purchasing regular travel insurance, that is, filling out a form and sending it to the insurance company along with the transfer, costs a lot. A better way is to get a wholesale policy (sold by a travel agency) that will significantly reduce management costs. In other words, more money will be spent on the actual coverage.
Some tour operators and agents have "in-house" travel insurance, which often covers only their own cancellation fees. It may be cheap, but it doesn't give you a lot of travel insurance coverage.
Another way to reduce the cost of depending on the level of travel you are trying to make is to purchase an annual travel insurance policy. This is a bulk purchase and can be much cheaper than a one-time travel policy.
Primary or secondary travel insurance coverage?
These two types of covers determine the payment method. Primary travel insurance means that the company "pays first". That is, the payment is paid to the claimant. Secondary travel insurance means that they pay only after you claim as much as you can from other insurance you may have. Therefore, you can see that the primary cover is much better than the secondary cover.
What kind of coverage do you need?
The two biggest risks covered by most travel insurance are the cost of changing travel plans and the medical and emergency assistance needed during the absence.
Most travel insurance policies include baggage / loss / damage / delay, lost travel documents, and other small hundreds of dollars for flight delays or interruptions. Some people will cover someone taking off to you if you are hospitalized for more than a few days.
Another big cost, which I've never thought of before, could be a supplier's bankruptcy. In many cases, your travel insurance supplier will not be able to have insurance to cover their bankruptcy. This would be another good reason to have an independent policy from the company that arranges your trip.
Most travel insurance includes a large amount of aviation death insurance, but surprisingly, it's a very low value insurance of about 25 cents with a $ 100,000 coverage. I think this shows how safe air travel is.
Some travel insurance also covers the risks of car rental, but this may be an important consideration as car rental insurance is very expensive.
Cancellation of travel / change of coverage
If you purchase an unlimited first class ticket to understand the costs that may be incurred if you need to change your itinerary or cancel your trip, this is usually covered by the purchase price Therefore, there may be no costs associated with changing the ticket.
It may seem strange, but when it comes to canceling / changing, the cheapest tickets are the most risky. Changing the cheap fare to return on a flight that is different from the original purchase price of the ticket can cost even more.
It should be noted that if some travel insurance policies state that they cover "total travel costs", they may seem to cover the full amount, but they may not. .. Suppose you have a discounted fare of $ 590, you actually have a $ 895 package, and you need to change it, the round-trip fare can be higher than the entire package. Maybe you'll have to pay an additional $ 1120 to get home with a one-way round-trip ticket without prepayment.
I had this experience a few years ago when I had to hurry home for my father's funeral. Due to the time limit, I had to buy a ticket without a discount. After feeling sick all day, I finally got otitis media when I arrived at the airport. So, with all the vomiting and different air pressures associated with the flight, I couldn't get on the plane. However, since I had purchased the full amount, I had a problem switching to the next morning. I'm going to show that you can't always control your situation.
More restrictive travel insurance policies may rule out situations that are considered "under your own control", which may include work-related issues. Let's say you're about to quit your job and you're told that you have a problem that you have to solve and that you have a problem that you have to quit. For this reason, it is very likely that this type of travel insurance will not be paid.
Medical and emergency support
Some people mistakenly believe that their home health insurance covers all costs no matter where they are in the world. They may find that it is not covered at all, the deductions are much higher, or perhaps their medical costs are covered but the associated shipping costs are not.
You may be on a cruise and need treatment by a ship doctor. As with any doctor, it is quite possible that their service will be charged. You may have to go home on a stretcher, and this involves blocking nine seats, can you imagine how much it will cost? To cover these emergencies, you need to make sure you have at least $ 10,000 in travel insurance. Imagine you are in a remote location, have a broken leg and need to be lifted by a helicopter. This is all about good travel insurance.
In summary
Imagine a worst-case travel accident scenario to determine if you need travel insurance. This can be a cancellation of the entire trip, coupled with associated cancellation costs or some emergency medical accidents that require Mediback and community care. I know these are horrifying ideas, but if you can't afford to self-insure about $ 100 for travel insurance, you'll have one less worry about being part of your heart. prize.