Consumers often correlate travel insurance rates with the effectiveness of coverage and benefits. However, the cost of insurance premiums doesn’t always indicate an effective travel insurance policy. With affordable travel insurance rates, you may be covered in case of a medical emergency, but high deductibles may prevent you from being covered if you need to see a general physician overseas. Before you begin comparing travel insurance rates, here are three important factors to help identify effective travel insurance coverage for your next trip.
The most effective travel insurance plans begin before your trip. Pre-trip benefits are an important consideration when shopping for effective travel insurance plans with affordable travel insurance rates. Benefits that include access to your provider’s travel advisory board are a good indication you are investing in an effective travel insurance plan. Pre-trip services offered by a provider’s travel advisory board include access to current warnings from the World Tourism Organization, visa and passport requirements by country, immunization recommendations determined by trip itinerary and traveler’s safety advice.
Understanding where your travel insurance begins is also important for determining how effective your travel insurance policy is. Comprehensive travel insurance plans offer travel assistance and trip interruption benefits when policyholders are more than 100 miles from home. When your flight is canceled or your trip is interrupted, an effective travel insurance policy will cover expenses related to your unexpected delay. Some travel insurance policies also offer access to airport lounges and other perks to make travel more comfortable and enjoyable.
When you’re overseas, it’s important to know you can count on 24-hour phone assistance through your provider’s international hotline. In any travel emergency, you should have access to multi-lingual interpreters as well as services to schedule emergency medical treatment and request information on passport replacement from your local embassy. Access to your provider’s travel assistance hotline anywhere in the world 24/7 is one of the most important benefits for anyone traveling internationally and shopping for effective travel insurance.
Review policy deductibles and coverage limits before committing to any travel insurance policy. In many cases, travel insurance plans with high deductibles are the most affordable, but you may be scarifying coverage by saving money. Opting for a plan with a low-deductible or claim-less medical care benefits is the easiest way to ensure basic medical services and visits to general physicians are covered. Low limits on medical evacuation coverage also affect travel insurance rates, but in an emergency situation you could be stuck paying thousands out of pocket. Effective travel insurance is easy to identify with high policy limits, low deductibles, pre-trip benefits, phone assistance and traveler’s benefits anywhere in the world.