Travel Insurance is varied in what it covers. Different
companies and even policies within companies may offer different levels of
coverage and different exclusions. Of course various riders can be added to
enhance coverage but not all riders are available on every policy. Thus, a simple summation is that all travel
plans are not created equally.
Price alone is not a good way to determine what policy is
better than the next policy either. Pricing of travel insurance usually varies
with age, sex, destination, length of the trip, and of course the cost of the
trip. The next level of differentiation is the coverage itself. Coverage is a
function of what is explicitly covered along with what is explicitly excluded
from coverage.
When choosing a policy you need to make sure the limits of
coverage are at a comfortable level along with the exclusions. For example it
is worth deciding will missed connection coverage offer you enough money to
cover a hotel in connecting cities along with extra meals and taxis to and from
the hotel. Will medical evacuation allow
you to come to a hospital of your choice? Will it cover two evacuations, one to
the nearest place for appropriate care and then a second transfer back to your
hospital of choice?
It is a good idea to examine the features of the plans you
like and if there are more than one compare them to make sure you are getting
the coverage you want or need. Onesite I like will help with the comparison. By comparing policies you can pick one that
covers adequately the things most important to you. A very good overall plan though, especially if travelingwith your children under age 18 is the Travel Guard Gold policy. One
feature I really like with the Travel Guard Gold plan aside from the good rates
and more than adequate coverage for most items, is that kids living in the same
household as the traveling parents are covered for free. When you have three or
four kids going with you this can really bring down the average cost of
excellent coverage.
Also, when looking at vendor provided insurance make sure
you are looking at that travel insurance policy and see how well it stacks up
to the likes of Travel Guard Gold. Usually, the vendor provided coverage does
not, unless they are using a branded product that essentially is the Travel
Guard Gold plan.
When traveling it is usually a good idea, especially when
traveling outside the country, to ensure you have travel insurance. Buying from
an independent travel insurance carrier you ensure you don’t put all of your
money at risk should the tour operator fail, unless that vendor is on the do
not insure list of the travel insurance company.
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