How to Tell If You Need Travel Insurance, Based on the Type of Vacation

cheryl

cheryl

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How to Tell If You Need Travel Insurance, Based on the Type of Vacation - Frommer's

Traveling soon and not sure if you need coverage? You just might. No company paid to be a part of this article—this is just our honest opinion about what might work best for each scenario.

On average, the addition of insurance to a trip can bulk up a vacation’s cost by nearly five to ten percent, according to Allianz, one of the world's largest travel insurance providers.

Still, that advance investment can save you a pretty penny if unforeseen activities disturb your plans. The purpose of travel insurance is to protect your financial outlay and curb any unforeseen expenses— especially since many personal health care plans are not always accepted overseas, and neither is Medicare.

Among the most important aspects of a policy is trip interruption coverage. That’s triggered if someone in your covered party becomes sick or injured and the trip has to be cut short—it will pay for unused portions of pre-paid travel expenses and also take care of the cost of last-minute transport back home.
 
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