We know you can’t put an age limit on the desire to travel. When travel lives in your heart, you can’t just cut it out of your life cold turkey! With the correct trip insurance plan, you can travel with peace of mind. From emergency medical coverage to trip interruption benefits, with insurance you can feel secure in your travel plans.
Travel Medical Coverage
By now, you probably know if your health insurance company will cover you while traveling to another state or outside of the country. If you don’t, we highly recommend you call them to get that question answered. In our experience, most do not cover medical emergencies when traveling out of the country; however, your company may offer limited benefits.
For travelers that do not have health insurance that extends abroad, you’ll want to look closely at the travel medical coverage on your perspective plan. Most plans will have a pre-existing conditions exclusion, meaning a previous illness, ailment or indicators of these that could lead to a medical concern when traveling, would be excluded from coverage. Some comprehensive plans offer a waiver that removes the pre-existing exclusion, but there are certain eligibility requirements that must be met to obtain this coverage.
When traveling for an extended period of time, we always recommend being prepared with extra prescription medications on hand – in case of a travel delay or lost luggage. Sometimes, we can’t be 100% prepared and purchasing prescription medications while traveling is the only option. Some plans may offer assistance services to help you locate necessary prescription medications needed while traveling.
Hazardous Sports Rider
For all you adventure travelers out there, be sure to read the travel medical exclusions. If you are taking part in a sports activity that is excluded from your benefits, talk to the travel insurance company about a hazardous sports rider. If you are eligible for the rider and pay the additional premium, it may amend the list of general exclusions in the plan to include some typically excluded activities.
Keep in mind, even riders can have limits and exclusions. Read all of it very carefully. If you are injured while participating in an activity that the rider does not cover, you will not be eligible for reimbursement.
Lost or Delayed Baggage
When you were younger, wearing the same clothes for a couple days while waiting for your luggage to arrive was probably fine. Now you’re an adult, why suffer through it?
With your travel insurance plan, you’ll have a reimbursable limit to purchase the essentials while waiting for your luggage if it is delayed on your outbound journey for the amount of time listed on the plan. Remember to save your receipts, as they will be necessary during the claims process.
If in the off chance your luggage cannot be located at all, your plan also has a reimbursable limit to replace the contents of your suitcase. This coverage is usually secondary to any other coverage that you may have, such as a homeowners or renters insurance. Receipts for items in your luggage may be required at the time of a claim to receive full benefits as well.
Trip Cancellation and Trip Interruption
Some of you may be empty nesters, but some may still have teenagers or college kids at home. You may want to travel without them, but need to return home if something happens. Comprehensive plans offer trip cancellation and interruption benefits which reimburse trip cost if you have to cancel or interrupt your trip due to a covered reason. These vary by company and sometimes by plan.
For parents and non-parents alike, the benefits of travel cancellation, delay and interruption as it pertains to weather related incidents should be very appealing.
A storm just hit the Caribbean island you are visiting and they are ordering an evacuation? Travel insurance may reimburse you for the costs. A hurricane hit the east coast and your connection to London was cancelled and rescheduled for tomorrow? Travel insurance can help to reimburse you for the cost of a hotel stay as long as you are delayed long enough for coverage to go into effect.
On comprehensive plans, the number one covered reason for trip cancellation or trip interruption is an unforeseen illness or injury. These coverages can allow you to travel worry-free; especially if you are traveling with kids under the age of 18. Dealing with an unforeseen illness or injury is stressful enough, you shouldn’t have to worry about losing your travel investments well.
How Age Plays into Cost
Yes, it’s true what you heard. Age is a factor in the cost of travel insurance premium. As a person grows older, the cost of travel insurance will most likely increase as well. This should not deter you from making the purchase.
On InsureMyTrip, you can compare hundreds of plans to find the right one, at the right price for your trip. Above all else, we are in the business of preparing you for the unexpected so you can travel worry-free. If you are concerned about paying too much for a plan, give our licensed insurance representatives a call to talk it through.