For many travelers, the number one reason to buy travel insurance is for financial protection in case they can’t take their trip. Benefits of Travelers Insurance can include:
Trip Cancellation – can refund your trip expenses if you cancel your trip before leaving for a reason covered by your policy. The most common covered reasons include: illness, injury, death, and weather that prevents you from reaching your destination.
Trip Interruption – reimburses unused trip expenses. Coverage begins the day you leave for your trip. Many policies with Trip Interruption also cover the costs of additional transportation incurred if you need to return home early.
Travel Delay – benefit is available to help if your flight is delayed for a reason outside of your control, such as inclement weather or a mechanical breakdown of your plane. Travel insurance can refund your meals and hotel accommodations during your delay.
Medical Coverage – If you get sick or injured while traveling abroad, most domestic health insurance plans, including Medicare, likely won’t extend coverage overseas. However, medical and medical evacuation benefits are built into most travel insurance policies, and can cover you in multiple countries while you’re traveling.