Travel Insurance can without a doubt provide peace of mind against any number of unexpected difficulties that could arise while away from home. Travel insurance policies however, vary greatly and can be as diverse as the endless array of vacation packages available today. Emergency medical attention, cancellations, and lost or damaged luggage are among the most commonly insured risks. One should be aware though that not all insurance is created equally. It is important to review each option or covered service just as carefully as the actual travel plans for an upcoming trip.
One must not assume that whatever policy is offered at the time travel arrangements are made, is automatically the most appropriate. Occasionally even basic services that should be included in every policy are often not or require an upgrade. One covered service that should always be provided is a 24-hour, multilingual hot line that accepts collect calls. Also each customer should receive clear instructions on how to initiate a claim and/or contact a representative from the destination country.
A common misconception is that standard credit card indemnification clauses suffice as adequate protection. The reality is though, that these policies are usually very generic and fall short in areas where better structured travel insurances are much more accommodating. This is particularly true when care is need for pre-existing conditions. Assistance with prescription replacement or refill is an additional covered service that dedicated travel insurers are more likely to provide if you meet the eligibility requirements.
A quality carrier will not only cover insured expenses but will also act as a liaison between local professionals and/or authorities. Whether visiting a doctor in a foreign land or having to replace lost and sometimes stolen documents, this particular covered service is immensely valuable. Even access to interpreters or translators is a benefit normally specific to stand-alone travel insurance.
Obviously though, it is in the best interest of the insurer when everyone’s trip goes well. For this reason many provide additional complimentary services that help travelers become better prepared for their upcoming journeys. Information packages and mobile apps remind customers of weather conditions, current events, required and suggested inoculations, health hazards, import/export restrictions, visa requirements and even exchange rates. Each day underwriters become more creative and include new perks that truly add value. Quality travel insurance is not only reassuring but it has also become one stop convenience for savvy travelers.