3 Ideas for Travel Insurance

Extras, Health & Safety, Planning, Traveling Solo & Together — By on February 18, 2011 at 12:00 pm

By: Laura Malandra                                                                                                                              

Your passport and wallet are stolen in Europe? Who do you turn to for fast emergency cash? A terrorist attack occurs three weeks prior to your departure. Who will pay if you want to cancel your trip? You are injured on an extreme diving trip in Madagascar. Who will help you find the right doctor and provide medical coverage?

The answer is travel insurance. While planning a trip, travel insurance may not be one of the first things you would think about, but it could turn out to be the most important. Depending on the plan, travel insurance can cover services to help you obtain emergency medical treatment, evacuations and medicine, replace lost passports, cover payments if a special circumstance arises, and more. Wouldn’t you like to have peace of mind while you are going abroad for the first time, sending your child overseas for a semester or even diving in the frigid waters of the arctic? The investment in travel insurance is worth it because the fees definitely outweigh the cost of possible losses. There’s a plan out there for any type of trip you want to take.

Here are some great providers to check out:

MedjetAssist

Type of travel: Adventure travelers, luxury vacationers, backpackers and everything in between.

Benefits: Medjet arranges bedside-to-bedside medical evacuation services for travelers who become injured or ill. All members are eligible without stipulations or deductibles, but this is an especially important benefit for adventure travelers. Additional benefits include cash advances for medical emergencies, phone rentals, online storage of medical documents, personal travel advisories and more.

Cost: Memberships start at $95 US dollars.

Check out this transport from Bhutan to Minnesota

Every provider will have exclusions, especially for extreme sports and activities, so do you’re homework before purchasing a plan. If the provider will not cover the extreme activity, make sure they have great medical services including medical transportation.

World Nomads

Type of travel: Adventure travelers, general travel

Benefits: Benefit includes a wide range of activities such as go karting, snow boarding and glacier walking. There is a great chart on their website that tells you what is covered depending on your country of residence.

Cost: Two weeks of coverage would cost $74 US Dollars.

American Express

Benefits: Another tip is using your American Express when possible. American Express will provide flight insurance, baggage protection, rental car protection and more when you use your card.

Cost: Most American Express cards have an annual fee depending on what card you have, but you also have the ability to gain points which could pay for that next flight out of the country!

Check out other credit card companies for their deals and policies prior to traveling.

Travel insurance has the ability to make any trip work out smoothly so don’t forget to add it on your packing list!

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