As travelers think about getting back out to see the world, having good travel insurance has been top of mind. Since the pandemic started, one-third of travel insurance buyers have specifically searched for plans that cover medical expenses and cancellation if they contract the virus, according to data from Squaremouth, a travel insurance provider.
Which plans offer the best pandemic travel insurance? Using data provided by Squaremouth, we scored 50 plans to identify the top picks.
Tips for the Pandemic Traveler
Many travel insurance policies offer good medical coverage, but not all cover the coronavirus. If that’s important to you, make sure to verify that the plan you’re buying specifically covers you in case you contract COVID, says Kasaro Barto, spokesperson for Squaremouth.
Interest in cancel for any reason coverage has spiked since March. This optional coverage is not available with all plans but lets you cancel a trip for a partial refund no matter what your reason. Now 22% of travel insurance policies purchased include cancel for any reason coverage—up 552% from last year—even though it generally adds 40% to the insurance cost.
Sudden travel bans and unexpected quarantines requirements can derail your trip, but standard travel insurance may not cover these problems, warns Barto. Buying cancel for any reason coverage will give you an escape hatch from a trip that’s turning sour, no matter the reason.
But add cancel for any reason coverage quickly if you want it, advises Barto. You may have only a couple weeks before the option expires for your plan.
Also, some travel destinations abroad have new medical coverage requirements for incoming travelers. Confirm the medical coverage requirements you’ll need before you buy a travel insurance plan. Squaremouth recommends a minimum of $100,000 in emergency medical and medical evacuation coverage in order to account for COVID-19 related medical care.
Read the entire Forbes article online here: https://www.forbes.com/advisor/travel-insurance/best-pandemic-travel-insurance/