Insurance for Travellers

Insurance for travellers is very important whether you are taking an international or domestic trip. You may be travelling for leisure, vacation, study, or for business. Each type of trip may have different requirements.

Insurance for travellers primarily come in two flavors:

• Travel Medical Insurance

Travel medical insurance is primarily focused on covering medical expenses in case you get sick or injured while travelling to a foreign country. A wide variety of policy maximum and deductible options are available. Most of the plans are extendable and refundable, providing you with the flexibility for a longer trip.

A variant of travel medical insurance, for persons visiting the USA, is called visitors insurance.

• Trip Insurance

Also known as travel insurance, trip insurance is primarily focused on covering pre-paid, non-refundable trip costs in case you need to cancel your trip for covered reason. Cancel for any reason travel insurance is available as well, subject to several conditions. Some people purchase travel insurance for domestic trips, whereas others purchase international travel insurance for trips abroad. 

Insurance for Travellers – Additional Coverages

In addition to medical coverage, most travel insurance plans also cover emergency medical evacuation, repatriation of remains, accidental death & dismemberment (AD&D), loss of checked luggage, and more.

Insurance for Travellers - Premium Factors

The price of international insurance for travellers depends upon several factors such as age, trip duration, coverage area, and so on. Additionally, the trip insurance price depends upon the trip cost, while the price of travel medical insurance depends upon the policy maximum and deductible chosen.

By default, many coverages are available. However, depending upon the traveler’s needs, several optional coverages such as for hazardous sports, higher coinsurance, higher baggage limit, higher medical limit, etc. may be available.

Insurance for Travellers – Coverage Area

Travel medical insurance plans are always for international trips outside your country of residence. On the other hand, trip insurance plans can be used for international trips as well for domestic trips.

Therefore, if you are not flying but simply going on a road trip and renting a vacation house, trip insurance would be suitable for you.

Insurance for Travellers – Trip Type

Most insurance for travellers are single trip. That is, your insurance is meant to protect you only for a single trip. However, if you are travelling abroad frequently throughout the year for short durations, typically up to 30 days, you should consider purchasing annual multi trip travel insurance plans at a flat annual cost.

Insurance for Travellers – Pre-Existing Conditions

Many senior travellers have pre-existing conditions and they are naturally worried about the how the insurance company would cover them.

Naturally, insurance for travellers is not for medical tourism. Therefore, it would not provide any coverage if you are already in the hospital, or planning to travel to a different country for treatment, or need ongoing treatment for chronic ailments.

Some of the travel medical insurance plans can cover for acute onset of pre-existing conditions. Some of the trip insurance plans can waive the pre-existing conditions provided you purchase the insurance within a certain number of days of initial trip deposit.

Insurance for Travellers – Purchasing

There are many places where insurance for travellers can be purchased. Fortunately, as the travel insurance prices are regulated by law, everyone pays exactly the same price for exactly the same coverage. Therefore, you would primarily be shopping for service.

Using this website, you can get instant quotes from multiple insurance products, compare them side by side, and make an instant purchase online. The insurance can be effective as early as the next day or any future date you specify. Once you complete your purchase, you will immediately get the confirmation of coverage email which has the ID card and the visa letter that you can print right away.

Insurance for Travellers – Post Purchase Assistance

While there are many brokers selling the same insurance for travellers, it is always advisable to purchase from a broker that offers many different products from different insurance companies, and who is unbiased and works in the best advantage of its customers. Most importantly, the broker should be able to help you with your legitimate claims, in case you run into any troubles later. Such added assurance would come at no cost, where available. Therefore, always purchase insurance for travellers from such a broker, rather than purchasing from a random website that comes up first in the search engine.

Contact our office now if you need any help, our customer service agents are happy to assist you and help you find the best travel insurance for your needs.