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The Most Common Risks That are Covered by Travel Insurance

Posted on | December 12, 2009 | 9 Comments

The Most Common Risks That are Covered by Travel Insurance

Travel insurance is insurance that is intended to cover financial, medical expenses and other losses incurred while traveling, either within one’s own country, or internationally.

Travel insurance can usually be arranged at the time of booking of a trip to cover exactly the duration of that trip or a more extensive, continuous insurance can be purchased from (most often) travel agents, travel insurance companies or directly from travel suppliers such as cruiselines or tour operators.

Travel insurance often offers coverage for a variety of travelers. Student travel, business travel, leisure travel, adventure travel, cruise travel, and international travel are all various options that can be insured.

The most common risks that are covered by travel insurance are:

• Cancellation

• Curtailment

• Delayed departure

• Loss, theft or damage to personal possessions and money (including travel documents)

• Delayed baggage (and emergency replacement of essential items)

• Medical expenses

• Emergency evacuation/repatriation

• Overseas funeral expenses

• Accidental death, injury or disablement benefit

• Legal assistance

• Personal liability and rental car damage excess

Some travel policies will also provide cover for additional costs, although these vary widely between providers.

And in addition, often separate insurance can be purchased for specific costs such as:

• high risk sports

• travel to high risk countries

• pre-existing medical conditions

Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.

www.travelinsuregenie.com


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  5. Travel Insurance and Extreme Sports
  6. Don’t be excluded! Know what your travel insurance covers—and more importantly, what it doesn’t
  7. What is travel insurance
  8. What are the Losses Travel Insurance Covers!!!
  9. Cheap Travel Insurance: Why You Need to Be Covered When You Travel
  10. Travel Insurance For Peace Of Mind During Your Travels

Comments

9 Responses to “The Most Common Risks That are Covered by Travel Insurance”

  1. SaberBlade
    December 12th, 2009 @ 9:53 am

    I think that you will find a great deal on Moneysupermarket.com thats where I got my travel insurance, and they actually had to pay out on my policy as I ended up in a French hospital.

    My insurance was about 40pounds, and it was for annual insurance! I think from memory you could go away for up to 94 days at a time, or 17days at a time if you included winter sports.

    Hope this helps – just remember to read the small print about how many consecutive days away from the UK you are covered for! Happy Travels!

  2. Normandie
    December 12th, 2009 @ 10:57 am

    Try this site for a quick quote on travel medical insurance. TravelEx allows for pre-existing conditions. —> http://www.travelex-insurance.com/index.asp?location=07-0018

  3. Edward Appleby
    December 12th, 2009 @ 9:07 pm
  4. ouleixia
    December 13th, 2009 @ 10:15 am

    Here are some links-
    I had a similar situation- I was living in the Caymans Islands, no longer a Canadian resident, and wanted to travel for the summer. But every policy required that Canadian citizens be insured in their home privince, which I no longer have as non-resident. IMG was the only one I found, but as you DO have Canadian insurance, this will be easy for you. There are lots of short-term plans.

    https://www.imglobal.com/travelinsurance/index.cfm?show=&&CFID=1718830&CFTOKEN=d9392e2d0226f2d2-EC75C061-1143-EBE5-76B31862584AA777

    http://www.internationalsos.com,
    http://www.travelexinsurance.com,
    http://www.ijet.com,
    http://www.travelassistance.com,
    http://www.wallach.com,
    http://www.travelguard.com,
    http://www.independenttraveler.com/resources/article.cfm?AID=48&category=8,
    http://www.ricksteves.com/plan/tips/insurance.htm.

  5. scuba snack
    December 13th, 2009 @ 8:21 pm

    You can get a refund if your insurance covers illness as a reason for cancellation. Different policies cover different contingencies. The way you would prove illness is by a note from your physician.

    InsureMyTrip.com is one site that has comparisons among policies. I'm sure there are others.

  6. Rick B
    December 14th, 2009 @ 7:01 am

    It could very well be true. Although they are different countries to where you are, we are in the UK and when we book to go to Ireland the company we book with insists on having our insurance details. Besides, as the first answerer says…they would be daft to travel without it as the cost of treatment is far more than the cost of the insurance. Accidents do happen…believe me, I broke an elbow last year, and a few weeks after that was healed I broke my foot…if I had been abroad I would have been in sh*t street without insurance!

  7. genteel41
    December 14th, 2009 @ 8:31 am

    There are some good travel insurance companies. Get ones that pay your expenses or pay you in cash. Dont get ones that make you take another trip or give you a voucher to travel again with them.
    I only buy insurance if the trip is WAY more than I can afford to lose.
    Read the fine print of the policies before you purchase.

  8. glitter
    December 14th, 2009 @ 10:16 am

    healthquotes.awardspace.info – here is my health insurance plan. As I remember they can provide such a service.

  9. buttercup
    December 14th, 2009 @ 2:48 pm

    Checkout their theft rider, and the link for a free quote. http://www.travelex-insurance.com/index.asp?location=07-0018

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