Travel Insurance
What is 'travel insurance'?
Travel insurance is protection for you while you're travelling. For instance, it can cover the cost of a hotel room in case you have to cancel your trip or the cost of airfare. It can also provide for medical insurance in case you become sick on your trip. So it's basically an additional layer of protection for you while you're travelling.
Do I need travel insurance?
What kinds of travel insurance are there?
There's different types of travel insurance that you can get. Some will cover your trip, some will cover your airfare, some will cover hotels in case you have to cancel, and some will cover you in the event that there's weather, in case, say, you're travelling through Mexico and there's a hurricane so that will cover you on those events. There's also travel insurance that will cover your personal effects. Say if you're travelling and you lose something, or you're carrying expensive jewelry with you they'll cover you for that. And then there's also travel insurance that will cover you in case of a medical need.
What is 'personal property insurance'?
Personal property insurance is what it sounds like. That will cover your personal property, so if you're travelling and your bag is stolen or your purse is stolen, or maybe you lose some clothes, or there's some sort of damage, say due to weather or something during a trip, it will cover you for those personal items.
When do I need personal property insurance?
What is 'trip cancellation insurance'?
When is it a good idea to get trip cancellation insurance?
What factors should I consider when getting trip cancellation insurance?
Do I need additional medical insurance when traveling?
How do I get travel medical insurance?
The best way to research travel medical insurance is to talk to your travel agent or travel provider and find out who they can recommend, that will provide insurance coverage for the region that you're travelling to. But again, make sure that you're not getting double coverage, because a lot of times your own health insurance will cover you, and sometimes your credit cards will cover you as well.
