Travel insurance benefits define the type coverage that’s included within a policy. Most of the time, travel insurance plans will include a wide-range of benefits that provide financial protection and peace of mind against the most common travel disruptions.
The majority of travel insurance policies offered on Squaremouth are comprehensive, and consist of benefits that provide coverage both before and during your trip. Reference the table below to view the different types of benefits found in travel insurance.
Types of Travel Insurance Benefits:
| Benefit Category | Benefits In This Category… | Popular Benefits |
|---|---|---|
| Cancellation | Protect your prepaid, non-refundable trip costs if you are forced to cancel or interrupt your trip. | Trip CancellationTrip Interruption |
| Medical | Provide reimbursement for unexpected medical expenses incurred while traveling. | Emergency MedicalPre-Existing Condition Coverage |
| Evacuation | Cover the cost to transport you to safety in the event of an unforeseen emergency during a trip. | Medical Evacuation & RepatriationNon-Medical Evacuation |
| Delay | Reimburse additional travel expenses incurred due to significant trip delays outside of your control. | Travel DelayMissed Connection |
| Personal Items | Offer coverage for belongings that get lost, stolen, damaged, or delayed during a covered trip. | Baggage & Personal Item Loss Baggage Delay |
| Accidental Death | Provide a cash payment in the event you, or a travel companion, suffer a loss of life or limb. | 24 Hour AD&D Common Carrier AD&D |
| Sports & Activities | Extend travel protection to travelers participating in adventure sports at any point during their trip. | Sports & Activities Sports Equipment Loss |
| Other | Provide a wide-range of unique services and additional support to policyholders. | 24 Hour Assistance Services Rental Car Damage |
Keep in mind that while most policies share the same benefits, the coverage limits, premiums, eligibility requirements, and exclusions can vary significantly. Before you buy travel insurance, we recommend comparing plans from multiple insurance companies, paying close attention to the coverage details and fine print. This will help you find the best travel insurance plan for your trip and avoid you overspending on coverage you don’t need.
View All BenefitsTravel insurance covers everything from small inconveniences to major, trip-altering scenarios. Most customers, especially those planning international travel, typically prioritize medical coverage when comparing policies from multiple travel insurance companies.
Domestic healthcare policies, such as Medicare or an employee-sponsored plan, don’t usually offer coverage overseas. To avoid costly medical care expenses, many travelers will opt for plans with high Emergency Medical and Medical Emergency Evacuation coverage.
If a benefit is time-sensitive, that means that you must purchase the policy within a specific time frame in order to qualify for coverage. This time frame is usually 10-21 days after your initial trip deposit date, depending on the policy. The two most popular examples of time-sensitive benefits are Cancel for Any Reason (CFAR) and Pre Existing Condition coverage.
Every travel insurance policy sold on Squaremouth is accompanied by a Certificate of Insurance, which can be accessed anytime before or after purchase. This document will provide an in-depth look at the coverage details, such as benefits, reimbursement limits, exclusions, and waivers that may be included in the policy.
Yes, many travel credit cards now offer a variety of trip insurance benefits as part of their perks offered to cardholders. These cards typically require an annual fee, and limited coverage for last-minute cancellations, delays, baggage loss, and other common disruptions.
It’s important to note, however, that very few cards provide health insurance benefits. If you need coverage for medical emergencies, emergency medical evacuations, or pre-existing medical conditions, we recommend purchasing a travel medical insurance policy from a third-party provider.
The policies available through Squaremouth.com offer a range of comprehensive travel insurance benefits to cover the main concerns of travelers.
Click a benefit below to read more about it, including what it covers and which policies include it.
Travel Delay reimburses the costs of meals and accommodations when a trip is unexpectedly delayed.
Hurricane and Weather can reimburse a traveler in the event they must cancel or interrupt their trip due to inclement weather.
Missed Connection can reimburse the additional costs for a traveler to catch up to their trip if they miss their departure for a covered reason.
Cancel For Any Reason is an optional upgrade that provides partial reimbursement for prepaid and non-refundable trip payments if a trip is canceled for a reason not otherwise covered by a policy.
Cancel for Covid-19 Sickness can provide reimbursement for prepaid and non-refundable trip payments if a trip is canceled or interrupted due to a traveler contracting the virus.
Trip Cancellation provides reimbursement for prepaid and non-refundable trip payments if a trip is canceled due to unforeseen circumstances, including illness, injury, or death.
Trip Interruption provides reimbursement for prepaid and non-refundable trip payments if a portion of a trip is missed, or the traveler must return home early due to unforeseen circumstances, including illness, injury, or death.
Hurricane and Weather can reimburse a traveler in the event they must cancel or interrupt their trip due to inclement weather.
Terrorism reimburses travelers who need to cancel or interrupt their trip due to a terrorist attack.
Financial Default can reimburse a traveler’s trip costs if they need to cancel because of a complete suspension of operations by their travel supplier due to financial circumstances, whether or not bankruptcy is filed.
Employment Layoff can reimburse prepaid and non-refundable trip costs if a traveler cancels their trip due to involuntary layoff or termination of employment.
Cancel For Medical Reasons can reimburse a traveler to cancel their trip due to an unforeseen illness, injury, or death of the traveler, a traveling companion, or a non-traveling family member.
Cancel For Work Reasons can reimburse a traveler to cancel their trip due to specific unforeseen work-related conditions.
Cancel For Any Reason is an optional upgrade that provides partial reimbursement for prepaid and non-refundable trip payments if a trip is canceled for a reason not otherwise covered by a policy.
Interruption For Any Reason can provide partial reimbursement for unused prepaid and non-refundable trip payments if a trip is interrupted for a reason not otherwise covered by a policy. In order for coverage to be available, the trip must be interrupted at least 48 or 72 hours into the trip, depending on the policy.
Medical Coverage for Covid-19 can reimburse the medical costs a traveler incurs in the event they unexpectedly contract Covid-19 during their trip.
Emergency Medical insurance can reimburse the costs to treat a medical emergency during a trip.
A Pre-Existing Condition is an illness or other medical condition that was treated, diagnosed, or changed during a policy’s lookback period.
Co-Insurance is the percentage of medical expenses, after the Medical Deductible, that are the responsibility of the insured.
The Medical Deductible is a co-pay amount that the insured is responsible for.
Home Country Coverage provides coverage for incidental trips back to a traveler’s home country during an international trip.
Medical Evacuation covers emergency transportation to the nearest medical facility if you fall seriously ill or injured during your trip. Learn more.
Non-Medical Evacuation provides transportation from a place of danger to a place of safety during a natural disaster or a time of civil or political unrest.
Extension of Coverage is the time period a traveler’s policy can provide benefits beyond their scheduled return date if they are unable to return home for a reason out of their control. In the event of a medical-related delay, most providers require a documented diagnosis from a licensed medical professional.
Travel Delay reimburses the costs of meals and accommodations when a trip is unexpectedly delayed.
Baggage Delay provides reimbursement for the purchase of clothing, toiletries, and other essential items if a traveler’s luggage is delayed for a specified period of time.
Baggage and Personal Items Loss provides reimbursement for lost, stolen, or damaged luggage.
Missed Connection can reimburse the additional costs for a traveler to catch up to their trip if they miss their departure for a covered reason.
24-Hour AD&D provides a cash payment in the event of accidental loss of life or limb during a covered trip.
Flight Only AD&D provides a cash payment in the event of accidental loss of life or limb that occurs while flying during a covered trip.
Common Carrier AD&D provides a cash payment in the event of accidental loss of life or limb that occurs while traveling on a common carrier during a covered trip.
The Sports & Activities benefit is designed to cover travelers who are participating in sports and adventurous activities, some of which may otherwise be excluded. Travelers can indicate the activities they will be participating in by selecting the Sports & Activities filter.
Sports Equipment Loss can reimburse a traveler in the event their own sports equipment is lost or damaged during a covered trip.
Sports Equipment Delay can cover the cost of renting equipment in the event a traveler’s own equipment is delayed while on the way to their destination.
Sports Weather Loss can reimburse a traveler’s prepaid and non-refundable trip payments when they are not able to participate in a sport or activity due to inclement weather.
Search and Rescue coverage pays for the costs associated with finding a traveler in the event they become lost, disoriented, or go missing while participating in a recreational activity during their trip.
Sports Fees can reimburse a traveler’s prepaid and non-refundable payments that are specific to sports and activities.
Rental Car Damage provides reimbursement for damage to, or theft of, a rental vehicle during a covered trip.
Money Back Guarantee is the “free-look” period when a traveler can decide if the policy they purchased is right for them, and cancel for a full refund.
Travel insurance providers have a 24-Hour Assistance Service department to help travelers 24/7 during their trip.
Identity Theft provides assistance with the services and costs associated with recovering a traveler’s identity and credit.
Renewable Policies can be extended during a trip, for periods of 6-36 months, depending on the policy.
Maximum Trip Length applies only to Annual travel insurance policies. This is the longest single trip a traveler can take during the year they are covered.
Maximum Number of Trips applies only to Annual travel insurance policies. This is the most trips a traveler can take during the year they are covered.
Many travel insurance providers offer additional benefits to differentiate themselves against their competitors.