The Benefits of Single Trip Travel Insurance

Often, you will want to take a single, short trip and need travel insurance. Buying long term is not necessary and will often cost more, so you may find that purchasing single trip insurance is a better option.

In general, annual trip insurance, while it covers more than one vacation or business trip, covers just the basics. With a single trip insurance policy, you can easily set up your own specifications, depending on the provider. Various options are provided and you can mix and match them quite easily with a single insurance policy.

The ideal candidates for single trip insurance are elderly couples heading out on a cruise, the honeymoon couple taking a break from their jobs to celebrate their union in Hawaii and teens doing a missions trip in Africa, just to name a few. Basically, if you know this is going to be a once in a blue moon thing, leaving the country, you will want to make sure that you only purchase insurance for one trip. This saves you cash that you can easily spend while on your vacation.

Here are a few of the benefits of choosing a single trip travel insurance policy.

Pricing: Single trip travel insurance will be cheaper than multi trip. For anyone who has no plans to take more trips in a year, going with the single one is the best choice.

Trip Cancellation: Your trip may be canceled for any number of reasons, including bad weather, riots, death in the family or any other issue that arises and forces you to cancel. This could be disastrous if you don’t have travel insurance. Single trip insurance can cover this problem and you won’t have to lose all your money on tickets that were canceled. Check with your provider to help you understand all your options in this area.

Medical Evacuation: If you suddenly become ill while on a cruise or traveling elsewhere, you can be evacuated to the nearest competent hospital if needed. For those who are traveling outside of their home country, this can be very useful since hospitals in other countries may not be up to our medical standards. With single insurance, this should be covered for you, but check with your provider, of course, to get all the details.

Lost or Stolen Luggage: Unfortunately, it’s all too common to arrive at your destination and discover that your suitcase has gone to Timbuktu. Rather than losing everything, make sure to purchase a single trip travel insurance that will cover the loss of luggage and make sure that you can replace valuable items like your laptop or iPod.

Lost or Stolen Passport: As you can imagine, it can be pretty bad to lose your documents, such as a passport, overseas. Your insurance will help cover the costs involved with getting a new passport, particularly if it has to be a rush job or a temp passport due to travel timing. This way you won`t have to stress out as much about the cost of new documents.

Single trip travel insurance is ideal for anyone who doesn´t leave home more than once a year. If you are just heading out for a week or so, taking a cruise, attending a business convention elsewhere, etc. you can save quite a bit of money and customize your insurance options with single trip travel insurance.

Annual Multi Trip Travel Insurance

Multi Trip Travel Insurance is also known as Annual Travel Insurance.

With an annual multi trip you can take unlimited trips in a 12 month period. It is ideal for anyone who takes more than 3 trips a year, especially for anyone with a family because most multi trip insurance allows for up to 4 children for free.

Benefits and advantages of multi trip insurance:

  • Take unlimited trips annually. (depending on the insurer, each trip duration limit can range from 30 days to up to 60 days).
  • Children are insured for free, usually up to 4 children under the age of 18. Please note that children are covered only if they travel with one of the insured adults.
  • Some of the insurers throw in a Free Ski Insurance ranging from 7 days – 21 days annually.
  • Few Annual covers provides domestic travel insurance. This usually has a minimum distance and will require a hotel stay as well. The domestic travel insurance cover makes the Multi Trip Insurance even more compelling economically.
  • It works out cheaper if you take 3 or more trips a year, especially if you add up all your business and holiday travel cover.
  • Multi Trip Insurance cover is ideal for contract workers who have to travel a few weeks at a time on project related work.

Why You Need Travel Insurance

We are most vulnerable when we travel and Trip Insurance is the only way to protect yourself for monitory loss incurred due to circumstances beyond your control. These eventualities can occur at any time before or during travel and its essential to have protection against them. Here are some examples of why you need travel insurance:

  • You meet with an accident on the way to the airport and subsequently miss the flight to your non-refundable holiday.
  • You or your family member falls ill a few days before the holiday, forcing you to cancel your trip.
  • Your baggage is lost or delayed by the airline and you are forced to buy the essentials. In the event it’s lost, the airlines pay very little as compensation, so you need insurance.
  • You or your family members meet with an accident or fall ill and require medical attention or surgery whilst on holiday. This can prove to be very expensive depending on which country you are in, especially if it requires medical evacuation.
  • You accidentally damage someone else’s property or person and require legal representation and or have to pay 3rd party damages.
  • Travel insurance for activity holidays like skiing, etc., where there is a greater change of injury, damage and loss.
  • In case your expensive equipment or possessions like jewelry, camera, ski equip, etc., is damaged, stolen or lost.
  • You are forced to evacuate because of a natural calamity and lose your possessions in the bargain. Some situations require emergency evacuation as well.
  • You and or your family members get food poisoning and needs hospitalization.
  • You need someone to fly out to you in the event you are hospitalised.

– Got You Covered

Planning to be traveling soon? Should you buy ? It’s a tough call whether spending the extra money is worth it. Are you over 50? goes up significantly as you get older. If you’re spending a lot of money on a trip, is a must.

Coverage

covers these basics:

  • Trip Cancellation Or Interruption
  • Medical
  • Emergency Evacuation
  • Baggage
  • Flight Delays and Cancellations

– What Does It Mean For You?

Trip Cancellation refers to canceling prior to your trip whereas trip interruption refers to a problem during your trip. What if you or one of your travel companions gets hurt or sick and you need to cancel your plans. This is where comes to the rescue.

What if you have a medical emergency? Think you’re covered by your medical insurance? You might be. But most medical insurance policies don’t cover you outside of the United States. Medicare never covers you when traveling abroad. Find out if you’re covered when traveling to your next destination.

What happens if you do sick and need to be airlifted? Or you need medical care on your flight home. This can be very expensive.

Have you arrived at your destination just to find that you have no luggage? What if you’re ready to board a cruise? Now what? will pay for essential items until your luggage is found and delivered to you. What if it never shows up? Make sure to have a list of items that you packed for your trip. Better yet, keep as many receipts of these items as you can. If your luggage was stolen, make sure to file a police report. This will help in making an insurance claim.

Did you get to the airport just to find out your flight has been delayed? What if the delay causes you to miss your connecting flight? will reimburse you for hotel stays and meals while waiting to get out on the next flight. But what if your flight leaves on time and you get held up in traffic and miss your flight? You probably won’t be covered.

– Do I really need it?

Check with your homeowner’s policy. It may already cover such things as lost luggage. Be sure to check the maximum amount of coverage as it may be limited in the payout. Check your medical insurance and find out what is covered when you’re traveling away from home. Verify if you’re covered when traveling abroad. Finally, check your credit card coverage. Some credit cards will provide a limited amount of insurance if the trip was booked with their credit card. If you have an airline’s credit card, check with their coverage. They may have better coverage if you’re traveling with them. But credit cards may not cover you being airlifted back home. Both health insurance and credit cards don’t usually cover travel emergencies.

Once you decide you need , read the fine print. Check to see if there are any time limits concerning the purchase of insurance prior to your trip. Find out if the entire length of your trip is covered. Make sure your destination is covered. If the government is warning you not to visit a particular country, you may not be covered if you go there.

What if you get sick? Make sure you list all medications you’re currently taking. Failure to do so could invalidate your policy. What if a family member back home gets sick and you want to cut your trip short. Most policies don’t cover this unless it’s a death in the family. There is an option called “cancel for any reason”. If you have older relatives back home, you may want to consider this option for peace of mind. This would allow you to cut your trip short and return home for any reason. Even if you just changed your mind and decided not to go.

Check the fine print and decide if purchasing is right for you. You may be glad you did!