Category Archives: Travel Insurance

The Need for Travelers Insurance

Travel involves adventure and risk, and hence, the need for insurance. It is essential to have travel coverage in place, especially in the case of a frequent traveler. This way, you get to enjoy the trip to the maximum and within the security of insurance. If you are adventurous, a sport enthusiast, a globe trotter, or a business person who travels extensively, there are myriad insurance offers to finance you, and take care of everything from ticketing to accommodation. Travel insurance is designed to minimize the financial risks that a traveler faces due to last minute cancellations, medical emergencies, delays or loss of baggage, or the ultimate nightmare―loss of cash!

A traveler cannot rule out the possibility of a missed departure or loss of passport, and the subsequent legal expenses. Such occurrences can really drain you of patience and leisure time on hand. However, it is better to be safe than sorry. These emergencies cannot be ruled out, and hence, need to be covered via travelers insurance. The insurance will largely depend on the category of traveler you fit into. You could be categorized under single trip or multi-trip, short or long trip, one time or frequent, or tourist or adventure sport enthusiast. Whatever the category, there is traveler’s insurance designed for you.

The insurance company covering you under the insurance supports every effort made to plan the trip or vacation and ensures that nothing untoward happens. In other words, the travel insurance is a designed ‘back up’ for any unexpected turn of events. The cover provided under the different packages include ticket reimbursement and medical expenses. It is important to understand that the ticket expenses are reimbursed in event of the trip getting canceled or interrupted due to ill health. This could also be the case in event of the sudden loss or serious condition of family members. The medical insurance plan takes care of all medical expenses, including hospitalization during travel.

There are other specialized package plans available for particular travelers, like the student’s plan, that covers the student for a semester or even a year of travel. There are insurance plans that cater specifically to students studying abroad. In these, the premium is calculated on the basis of the plan module, and the additional expenses that are naturally applicable to an overseas student, which differ from one cover to another. The backpacker’s travel plan is designed for individual and extensive travelers. Since most of such trips involve trekking and road travel, the overages offered too relate to associated expenses.

There is an insurance plan specially designed for senior citizens who travel around the world, post retirement. However, the premiums calculated are higher since the insured are senior citizens, who are more likely to fall ill and make claims. Businessmen who travel frequently can invest in a special plan put together for them, which offers them the choice of an annual plan or a multi-trip plan. Plans also cover toddlers who are exposed to the risk of getting some infection or disease in transit. In such an unfortunate event, if the family trip stands canceled, the plan provides for eventualities.

There are insurance covers that also provide for various types of groups. These include club member tours, tours organized by the civic authorities, the church, or some youth organization. The group is covered for both a tour within and outside the country, and covers the young and older members of the group. The risk factor associated with extreme sports, like bungee jumping, jet-skiing, parascending, water rafting, windsurfing, yacht racing, and scuba diving, cannot be denied. Such travelers are covered under separate packages at extra cost, that cover hazardous activities, and calculate the premium according to the risk and age factor.

Travel Trailer Insurance Tips

So you have bought an expensive travel trailer and are now worried about its safety, right? Happens! Humans usually indulge first and then think later – that’s human mentality. However, there are a lot of options for getting insurance and most of them would be quite suitable to you. You need to be vigilant, and make sure that you are getting what you bargained for. It is quite a cliché to say that you have to minutely read the fine print, but there it goes – YOU HAVE TO MINUTELY READ THE FINE PRINT! There is no way you can ensure you are getting what you want without that.

Now, here are some of the things you need to keep your eyes peeled for:-

Tip # 1- Check What Coverage You Are Getting
Make doubly sure what your insurance will cover you for. These are the least types of coverage that you must get:-
Losses due to accidents and collisions
Destruction or damage due to fire and related perils
Losses due to natural calamities such as hurricanes, floods, landslides, hails, storms, lightning, etc.
Damage done due to animals
Damage done due to vandalism
Damage done due to unavoidable roadside perils such as low hanging branches and bad road conditions
Loss due to theft
Bad faith is not unheard of in the claims. Hence, it is important that you make sure everything you want is specified clearly.

Tip # 2- Check the Emergency Expenses Coverage
Most policies must cover for the unexpected expenses that you might have to incur if your trailer broke down on the way. There are many such expenses that might happen, such as you might have to spend a night in a motel, you might have to pay extra for towing the trailer or making repairs, etc. If you want coverage in such situations, check that the documentation explicitly mentions that.

Tip # 3- Check for Fixtures Coverage
Do you have expensive gear affixed on your trailer? Your policy should, by default, cover for the permanent fixtures that came with the vehicle, but if you have done any additions later, see how you can cover them with the policy. You might have expensive awnings or even drapes on your travel trailer windows. Or there might be some antennas and satellite dishes you have connected. Such peripheral accessories can be covered for, but only if you specifically mention them. You might have to pay extra premium on that, but if you are traveling a lot in unknown places, you might as well equip yourself against their losses.

Tip # 4- Check for Parked Trailer Coverage
This coverage is different from the coverage you can get when the trailer is moving. In case your vehicle is parked at a campsite or any other such place and you are using it as a temporary residence, you will get a different kind of coverage during those times. Be aware of that, and speak with the policy representatives about it.

Tip # 5- Check for Distance Conditions
All these policies have some restrictions about the claims they will pay depending on the distance of the trailer from the permanent residence of the person. Some policies will have more coverage if the damage or loss is afflicted out of a particular area, which is mostly about 50 miles away from home in any direction. Check out what the policy conditions are based on these distance restrictions. See whether they will pay at all if the damage is done much closer to home. If not, you better look for some other policy.

Tip # 6- Check for Other Miscellaneous Terms and Conditions
Like all other policies, travel insurance policies also have a very long list of yeses and nos when it comes to paying out the claims. Some policies would be applicable only if the damage was done when the trailer is moving, while some will cover damages occurred when parked. Such policies are called full-timer policies, and even if they are dearer on the premiums, they are the wiser choice to take. You cannot imagine how many dangers lurk for your trailer in your own neighborhood. Take vandalism for instance. Make sure you cover your precious trailer for every moment that it is with you.

The final point that needs to be made is that you should go for travel trailer coverage only from people who are experienced. Check out some references and do an online search on their reputations. Most vendors of housing, car, and other types of insurances may not be quite adept at managing these insurances, because this is entirely a different ballgame. See that you do not end up with the short end of the stick with a company that doesn’t know what it is actually in the business for.

Trip Cancellation Insurance

Trip cancellation insurance is valuable when a trip is cancelled in situations like death, injury or illness. This insurance is also operational in the case of unpredicted events like being summoned to court for a legal problem, your house being burnt down, you not being able to make it to the airport due to unforeseen circumstances or employees of a transport provider are on strike.

Trip and risks
In general, charters and package tours mean large sums of money deposited before departure. If you cancel your trip approximately one month before leaving, you can get your entire sum of money back. You must have the original ticket/s of your trip in order to get your money back in the case of a cancellation. It is usually risky to pay in advance as you cannot foresee unfavorable events and hence may end up losing money.

Your money will be refunded in the following cases:
Death, Illness, or Injury: In this case, the traveler is insured along with one or more people who are traveling with him or her. If a family member at home dies or is ill or injured and you must interrupt your trip, you can avail refund. The company usually does not provide a refund (even) if your travel is canceled in the case of an already-existing health condition at the time of purchase.
Home Problems: A lot of insurance companies provide refunds on the basis of unforeseeable events which cannot be avoided and cause a trip interruption or cancellation. For example, your house has been rendered inhabitable due to a natural calamity like an earthquake or a flood.
Operator Failure: Trip cancellation insurance will return you the travel tickets or the hotel vouchers previously paid, if the supplier or tour operator or travel agency has an operation problem. The insurance related to operator failure covers you on the basis of these contingencies, but not entirely. There are a lot of strategies which state that they will protect you in case of default or failure, and a few which cover you on the basis of bankruptcy. A lot of companies do not take into account failure of the firm who sold the travel service. Therefore, if you purchase the insurance from a travel agency, you won’t get your money back if the agency dissolves. But if an airline, charter operator, or tour operator fails, you will be covered.
Destination Problems: Trip cancellation insurance may protect you on the basis of a considerable list of unpredicted events at your destination, or in an area that your aircraft flies/will fly through. Some examples are: hijack situations, floods, fire, earthquake, quarantine because of a contagious illness, etc. A strike by employees at your destination port may also qualify for you getting reimbursed.
As you can see, trip cancellation insurance can come quite handy when you’re planning to travel. So, make sure you pick the best policy.

Travel Insurance For Backpackers And Hikers

If you have a tour in your mind and you want to travel the free way, a good backpacker travel insurance policy is a thing you must consider before tour. Backpacking trips are bit riskier than regular planned travels. So in such case good backpacker travel insurance becomes a mandatory criterion for a hassle free tour.

Most of the insurers don’t know all the benefits of insurance as they are unaware but these insurance policies help a traveler in many ways.

A Backpacker insurance policy is basically for those who are low on budget. You don’t have to pay high for regular insurance policy but you will surely get the essential coverage with backpackers travel insurance policy. It covers you and your luggage at very less cost, as this type of insurance is designed for backpackers who are known for their low budgeted and unplanned travel schedules.

Before going through you must know backpacker insurance policy and its features.

Features provided by backpacker travel insurance

There are some important features and coverage that backpacker travel insurance policy can provide, these are as follows;

In case if you have to extend you trip due to any unexpected reason, backpacker insurance covers it too.
You get all covers round the clock all the year no matter what time or circumstances are there.
If you get sick during you trip, all the medical expenses will be covered by backpacker insurance providers. Most of the time such insurance policies also covers personal incidents that occur during travel (please confirm this before buying insurance policy from you insurance provider).
Many travel insurance firms provide option to opt out which they don’t want to be covered and ask for the things which they want to be covered. This flexibility is an added advantage for insurers.
Many travel insurance firms provide the option to the insurer that what they really want to be covered in their policy. This flexibility is an added advantage for insurers.
Many backpacker tours for winter sports, some travel for scuba diving. Such adventurous sports have high risks involved which can lead you to physical damages. Covers for such sports are also available as an optional measure. You can add such sports covers in your existing insurance for added safety.
You can extend you insurance any time with a single click sitting at your home in front of your computer.
Make sure that insurance policy covers the location in which you are planning to travel. Some travel insurance companies provide insurance policies only for a certain country.
Now the biggest which every travelers generally asks is “Do I really need a backpacker insurance policy? And is it really worth it? ”

Backpacker travel insurance is surely recommended for you if you fell into any of these categories

You travel alone at places which are expected.
Your travel schedule is unexpected and never planned.
You have medical history or you are above 50 years of age.
Backpacking is surely an adventurous trip but it has its own risks too. Backpackers are very prone to injuries, robbery and related issues. There are some possible issues in which backpackers can easily get coverage. These are as follows:

Tour cancellation – Trips are cancelled many times due to many issues. Sometimes due to bad weather and sometimes due to some personal reason, one has to cancel his/her trip.

Emergency medical care – backpackers are very much prone to issue like food poisoning, diarrhea and other infections. Such diseases can lead to serious health issues which can be covered by purchasing insurance.

Accidents – accidents are common and can be occur at any time. Insurance not only covers for your injury but also the person affected by your mistake.

Theft or robbery – backpacker usually travel alone. They also stay at budget hotels. All this makes them prone to things like baggage theft and robbery.

Considering the current global scenario which is quite unsafe, having proper backpacker travel insurance is very necessary.

A backpacker insurance policy can be a great help for every traveler who wants to travel the free way. So what are you waiting for? Get a backpacker travel insurance for yourself and roam free