Demand for work is mostly excruciating. With daily deadlines, meeting and brainstorming at work, many people would resort to drinking or eat just to set aside for a moment the demands of work, to release stress and relax in the easiest possible way. But for others, traveling is their go-to objective. It’s exciting on looking forward to the next destination. From beaches to mountain resorts, one would truly prepare for the day to relax.

This isn’t for single workers only but for families as well. Since it’s hard to find quality time, family travel is one way to do so. Should you decide to travel within U.S. or out of the country, better check the importance of travel insurance.

What is Travel Insurance?

The basic of having travel insurance is to cover the following:

  • Medical expenses
  • Trip cancellation
  • Lost luggage
  • Flight accident, Maritime accident or any other losses that may occur during the travel. This should cover international or local/domestic travel.

How Travel Insurance Works?

Upon booking a trip, the inclusion of travel insurance can be arranged to cover exactly the duration of the trip. This is not only for one-time travel but also includes multi-trip or unlimited trips within the travel period specified. For the travel insurance policies, expect to have higher medical-expense value for countries like the United States that have high medical cost but also the insurance company offer’s lower medical-expense option for countries with lower medical costs.

What does Travel Insurance Cover?

Travel insurance usually covers medical expenses, cancellation of travels, accidents that may occur and lost luggage.
The most common among the list is the medical treatment. Having travel insurance, once the person needs medical treatment, the inclusion of transportation to the medical facility can be availed. Cancellation of travel may also arise as well as trip cancellation. If ever there’s unused travel, booked accommodations, pre-paid charges like any additional travel expenses incurred, canceled trip or cut short due to circumstances depending on the insurance policy which includes:

  • death, bodily injury, illness, disease, or pregnancy complications
  • compulsory quarantine
  • jury service
  • being called as a witness
  • Repatriation of remains
  • Trip cancellation or trip interruption
  • Overseas funeral expenses
  • Lost, stolen or damaged baggage, personal effects or travel documents
  • Delayed baggage (and emergency replacement of essential items)
  • Flight connection was missed due to airline rescheduling or delay.
  • Travel delays due to weather
  • Hijacking

For other circumstances not included in the list, you may check this with the insurance company.

For the medical expense coverage, it can be per-occurrence or maximum-limit.

Having a travel insurance can provide immediate service usually 24 hours a day and may include concierge services and emergency travel assistance. To remind travelers, one must declare to the insurance company if there are pre-existing medical conditions prior to the date of the trip. There is a possibility that the insurance will not cover if you fail to notify the insurance company if they require you to do so if you fall ill during the trip.