Archive for January 2009
More insurance carriers have been adding a “cancel for any reason” to their travel insurance plans. Typically the cost is a 40% – 50% upcharge in the premium for this benefit. This benefit pays a reduced rate for cancellation (50% – 90%) and conditions apply such as insuring the full trip cost, purchasing within 14 […]
Travel insurance is designed to cover “unforeseen” reasons. Some carriers maintain a list of covered suppliers that is referred to by some as a white list. Other insurance carriers maintain a list of suppliers that are not covered, sometimes referred to as a black list. The black lists represent circumstances with certain travel suppliers that […]
This depends on the length of your trip and your age. Comprehensive travel insurance with a $0 trip cost (no cancellation cover) is usually more economical if your trip is 30 – 45 days or less. The emergency medical benefit has a shorter “look back period” to determine what is defined as pre-existing and there […]
Please refer to this page for information about suppliers for which Travelex Insurance Services has restricted or eliminated coverage on the following protection plans: Travel Plus, TraveLite, Annual Multi-Trip, Flight Plus, and group programs underwritten by Old Republic Insurance Company. Travelex Insurance Services and their underwriters have made a business decision to no longer accept […]
There are a few travel insurance policies that offer cover for cancellation without providing comprehensive benefits like medical, medical evacuation, etc. However, depending on your age and trip cost, these policies can sometimes be more expensive than policies with the additional benefits. I would recommend that you purchase the least expensive policy that meets all […]
This can vary depending on the travel insurance policy selected. All policies have a list of exclusions that apply. If the specific activity is not excluded, it will be covered. Always refer to the full details and exclusion listed in the policy to ensure your specific concerns are covered.
Travel insurance policies typically cover travel delay and missed connections. Travel delay is usually an amount paid per day ($150 – $200) to cover unplanned accommodations and/or meals as a result of a covered delay. Missed connection typically reimburses you for additional transportation expenses to “catch up” to your trip in the event of a […]
The benefits for trip cancellation due to inclement weather vary depending on the policy selected. Many travel insurance policies do require a complete cessation of your common carrier for at least 24 hours, however there are some policies with more flexible coverage definitions. You may want to look at the more comprehensive policies offered by […]
Yes. Some travel insurance policies will cover an airline imposed reissue fee in the event you must re-schedule your trip for a covered reason. This reimbursement is typically limited to $150 – $200.
This can vary greatly depending on the policy selected. Travel medical plans may continue to cover the injury or illness for up 6 months or one year. Travel insurance plans usually offer a shorter period of coverage upon your return, some with as little as 7 days.