When planning a major tour or getaway, you need to pay for the package tours, plane tickets and cruises, 100% in advance. The first two options require you to plan ahead of schedule. To avoid a lot of penalties, you can choose to cancel your trip 60 days before. Canceling too late, however, will get you high penalties.
Several reasons are inevitable to cause delay or even the cancellation of your trip, such as an illness or family problems, which means you will want a return. In addition, your travel agent may also experience difficulties and have to bail in the middle of your trip. Unable to gain profit from bailing clients, travel agencies had to close down over the past years.
This makes travel insurance a very important part in planning a travel or a vacation. Travel insurance helps you get around the money issue if you have, for whatever reason, to cancel the trip. Medication and hospital bills are also covered by travel insurances. After the September 11 incident, travel insurance has been on demand. Insurance demands rose from twelve percent before the incident, to thirty percent after the incident.
You need to take note that the following are included in your plan. Cancellation or interruption is covered if you are the one who cancelled, as long as it is in the acceptable list of reasons. For example, if you become injured or sick, or a family member dies, it’s likely that you’ll be covered. However, the reasons may not include you changing your mind because you think the place is too dangerous. Check to see if supplier default is one of the acceptable covered reasons, which compensates you in case the agency suddenly went out of business. Your travel insurance also has to cover for terrorism acts, so be sure to keep an eye out for this on your plans. Medical care is one of the most important things, as well, and as this can be expensive, you have to check if it is included in your health coverage. Be sure to check if there is a duplicate or conflict between your old health plans and your new travel plans. Check if your travel policies include medical conditions that you have beforehand.
Before paying for the trip, first buy the policies to make sure everything is covered. Finally, consider emergency medical evacuation coverage which provides for transportation in the event of a serious illness or injury. Emergency medical insurance should cover everything from transportations to get you to a close medical facility with sufficient equipment, as well as getting you back to your home.
Neither does everyone require travel insurance, nor do all situations need it. You should consider buying a policy if one or more of the following are true, your trip is particularly expensive, you are taking a multi-leg journey, you are a senior or have a pre-existing medical condition, you’re traveling to an area of unrest, especially if an advisory has been issued by the US Department of State. Ask your travel agent for more details regarding this.