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Viewing Should I Purchase Travel Insurance? Travel TipsShould I Purchase Travel Insurance? Travel Tips
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This is one of those questions with no definitive answer. Travel insurance can come in handy if something unexpectedly disrupts your trip. Your first step is to compare the cost of the trip versus the cost of the policy. Read on for several tips. By Peter Greenberg This is one of those age-old questions with no definitive answer. It's estimated that 30 percent of Americans purchase travel insurance, which is a drastic increase since 9/11, when less than 10 percent of travelers were insured. If you're flying on a $150 ticket to see Aunt Irma in Wisconsin, you probably don't need travel insurance. However, on a trip such as yours, travel insurance can come in handy if something unexpectedly disrupts your trip. Your first step is to compare the cost of the trip versus the cost of the policy. The most common situations when travel insurance comes in handy are: Reasons NOT to purchase travel insurance are: One major caveat: Never purchase travel insurance from the same tour operator or cruise line with which you're traveling. If that company goes out of business, there may not be money to cover your claim. Use a third-party provider (that includes travel agents). Also, don't forget about medical insurance. Even if you are covered for basic emergency care overseas, in almost all cases, your current health insurance does NOT cover you to evacuate you and fly you back to the U.S. Something called 'Medical Evacuation and Repatriation' insurance comes in handy here. You pay a yearly fee, and if you get sick or injured overseas, the policy will get you treated, stabilized, and flown back to the U.S. to the hospital of your choice, not theirs. There are a number of good companies that provide this type of plan, such as MedJet Assist. About the Author: Peter Greenberg is a preeminent expert on travel. His focus is on the journey, providing insider's tips and recommendations to an increasingly savvy and demanding traveler. Peter is also author of The New York Times best-selling series, The Travel Detective, which uncovers secrets the airline, hotel, cruise, and rental car industries don't want consumers to know. Check out Travel Tips for more insider information. Article source: 111 Travel Directory: Triple1.com (triple one dot com) More free articles: 1st Rate Articles - 1stRateArticles.com |
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