Travel insurance is designed to protect you from unexpected circumstances that can occur during travel. You can purchase travel insurance for either domestic or international trips of varying lengths for yourself and your travel companion(s) – including plans for expats, missionaries, or students. Travel insurance is often overlooked when planning a trip but it is a critical element in a well planned vacation. Travel insurance usually covers the following areas, either separately or bundled together as part of a comprehensive travel insurance plan:
- Financial reimbursement for trip cancellation, interruption and delay arising from conditions beyond your control such as illness or bad weather, and for baggage loss and/or delay.
- Medical insurance and medical evacuation coverage in case you become ill or are injured while traveling. Many travelers are unaware of the limitations of the insurance from their country of residence and do not realize why they may need medical coverage.
- 24-hour assistance hotline line to help find doctors, help arrange accommodations, and contact your family or other assistance in case of emergency. This assistance line can also include concierge services.
The cost of travel insurance will depend on which of the above areas you need coverage for, as well as your travel activities, intended destination, and additional factors. It’s important to understand what travel insurance is and what it covers before determining whether or not to buy it. Ultimately, it’s a personal decision, but RoamRight’s travel insurance information and resources can help explain how travel insurance can act as an excellent safeguard for your health and expenses incurred during more costly trips or trips with an element of risk. To help you weigh the benefits or purchasing a sound travel insurance plan, we have compiled the Top 10 Reasons to Purchase Travel Insurance.
Explore RoamRight’s different travel insurance plans to learn more about what travel insurance is and how you can find the right plan to match your trip type and coverage needs.