Lesser Known Travel Insurance That Can Save You in a Big Way
You know that travel medical insurance is a must-have when you set out on adventures abroad, but there are a few lesser-known forms of additional coverage that can save the day if something unexpected comes up before or during your trip.
1. Trip Cancellation & Trip Interruption Insurance
Once your flights are booked, it would be nice to think your travel plans are set in stone. However, life has a funny way of pulling the rug out from under us when we least expect it. Trip Cancellation Insurance makes sure that you’ll be reimbursed if a covered risk makes it impossible for you to follow through on your travel plans.
Also, Trip Interruption Insurance protects you if your travel plans are disrupted mid-trip. This could cover some of your unused, prepaid travel expenses that are non-refundable such as excursions or event tickets or the return home sooner than expected if something happens at your home while you're away.
2. Baggage Insurance
The only thing worse than having your baggage lost, damaged or stolen is having your baggage lost, damaged or stolen when you’ve forgotten to purchase Baggage Insurance. Not only does Baggage Insurance protect your luggage while it’s in transit, but it also covers your personal effects and currency against loss or theft during your travels. If your bag is delayed for over 12 hours, you will be covered for $200 worth of personal necessities (like clothes, toiletries and more). If your bag is lost, stolen or damaged beyond repair, you will be covered up to $1,500 in replacement costs.
3. TravelGold Accident Insurance
It’s an unfortunate reality that serious accidents can happen en route to your destination or while travelling during your trip. With TravelGold Accident Insurance, even if you suffer a serious injury while on an airplane, bus, boat or taxi, you can be covered for your losses up to $100,000. If you are seriously injured at any other time during your trip, you can be covered for your losses up to $25,000. That’s one less thing to worry about so you can get out there and see the sights.
4. Additional Air Travel Related Expenses Coverage
No one likes waiting. That’s why it’s worth adding coverage for unforeseen expenses that result from a flight being delayed more than 4 hours or your baggage being lost or delayed for more than 6 hours. Because time is money, and you don’t want to be wasting either one.