Types Of Travel Insurance Coverages

Types Of Travel Insurance Coverages

Travel insurance is an important aspect of your travel plans that need to be purchased on time for your trip. There are various types of travel insurance that travelers need to review as this will help them to pick the right policy for them. Some of these travel insurance coverage options ideals for travelers are highlighted below.


1. Trip Delay, Interruption, and Cancellation Insurance

 This travel insurance coverage handles issues of reimbursement arising from delayed trips to canceled trips.

Trip cancellation insurance helps you to get reimbursement of prepaid fees such as flight tickets and cruise fares provided it is covered in your insurance plan. Trip interruption follows a similar path as trip cancellation, but only comes into play when the trip cannot be continued as any result of urgent medical attention or any valid reason covered in the plan capable of derailing the trip. The traveler is reimbursed for the trip cut short.

Trip delay insurance ensures that travelers are reimbursed for all extra costs accrued as a result of the delayed trip beyond their control. This cost can cut across food, accommodation, and transportation. Proof of incurred expenses (receipts) might be required. So, do well to keep adequate records to verify your claims.


2. Lost Baggage Insurance

This insurance comes into full play when there is a case of stolen, delayed, or missing baggage. It covers all expenses and damages resulting from the absence of a client’s baggage until they are found. In cases needing urgent attention as a result of theft or damages to the residence of the insured while away, it is very likely that the travel insurance policy can cover the bills for a flight back home.


3. Travel Medical Insurance 

Travel medical insurance provides you the opportunity to cover your medical bills while on vacation in case you fall ill or get injured. However, it is best to research and understand the travel medical insurance to purchase. Primary travel medical insurance covers all medical bills incurred while on vacation while secondary travel medical insurance offers room for reimbursement having exhausted all medical policies available to you.

Note that some travel medical insurance policies do not cover preexisting illnesses you might have. Ensure you understand the medical insurance conditions available to you to avoid complications during your claims.    


4. Evacuation Insurance

This insurance policy covers medical emergencies needing an evacuation or transportation to the appropriate medical facility for treatment. For instance, imagine you were involved in an accident where you broke your leg. The said area of the accident happens to be far from any emergency medical facility that can undertake the kind of service required. It invariably means that you will need travel medical insurance coverage to evacuate you from such an area to a place where you will receive proper treatment, possibly your home country.

Evacuation insurance can come in handy on the day you will need it most. When buying travel insurance make sure the coverage plans come with very high limits, this will benefit you in tough situations.


5. Cancel For Any Reason Insurance

This travel insurance coverage allows you to call off your trip for whatever reason you deem fit. The insurance type works exactly as it sounds but comes at an extra cost.

This coverage type is an add-on open to travelers when they buy other travel insurance types. It is important to note that operating under this coverage does not give you 100% reimbursement of no-refundable prepaid travel fees. So, you have to understand how much freedom you want and the amount of reimbursement you are willing to risk if you decide to adopt this coverage type.


  • Travel Insurance Claims

You need to be well-detailed when filing for a travel insurance claim. Every single mishap or situation that you feel your policy applies to should be captured with enough proof to back it up. Take for instance you had planned on visiting the UK, but the night before your departure your partner fell ill and required a medical emergency that you had to miss your trip. Every detail of how it happened should be captured along with who was involved.

Proper documentation is an essential part of your claim. It makes your claim credible. So receipts, medical bills, and other relevant documents should be properly documented for proof.

Various insurance providers have different ways they allow their customers to file their claims. Online forms, mobile apps, phones, or fax are some of the common ways available to file your claims. Remember to attach or upload all necessary documents to validate your claims. Being honest and clear with all the details of your claims will hasten the validation process.

  • Duration For Processing Travel Insurance Claims

Usually, the processing period for travel insurance is between four to six weeks depending on the insurance company and the period when the claim was filed.

A busy period can take a longer time to sort the claims, especially if the volume to be sorted is very high. There have been reports of an insurance claim taking two to five months to be cleared in New York.

It is best to file your insurance immediately after the situation as the longer time you take before filing your claims can affect your reimbursement. Also, there is a time limit on how long you can stay after the trip before filing your claims. So, the earlier, the better

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