At Camino Travel, we always encourage our passengers to get their travel insurance before traveling. Find here five powerful reasons for this!
Your health and homeowners insurance, as well as credit cards, do not offer the protection you need for your trip
Travel insurance in its elementary form usually grants trip cancellation, lost luggage, travel assistance, trip interruption, accidental death, and limited medical evacuation benefits.
Health insurance policies, on the other hand, differ greatly and has lower benefits in general when you use a doctor or services off-network. While the travel insurance will pay your medical services anywhere in the World either by accident or disease.
Besides, it’s not all about you. Travel Insurance can also cover a canceled or interrupted trip due to the death, illness or injury of an immediate family member at home before or during your trip,”
Maybe your insurance at home pays for that also, however, if your luggage is lost when you arrive in your resort in Manuel Antonio beach some travel insurance companies may help you track down your baggage if you call their hotline.
Let’s assume you’ve also just flown in from a Minneapolis or London winter and all you have in your hands are a coat, a scarf, and gloves… in a tropical beach hot atmosphere… Travel insurance can pay you the bathing suit and the Bermudas, as well as the flip-flops until your bag appears, as long as you keep those receipts for your purchases, something a homeowner’s insurance policy won’t do.
Finally, while many travelers believe that their credit cards will cover emergencies when they’re on the road, it’s not that easy. For any card to cover you, you will have to pay for your travel expenses with that same credit card to be entitled to any coverage. But chances are that your credit card won’t protect you in the case of travel delays, trip cancellations or emergency medical coverage overseas. Even if they do, it’s likely very limited coverage. Call your credit company to find out just what they will cover.
The airlines do not cover delayed flights.
Unless you’re flying with a European carrier in Europe, and even then, so-called “extraordinary circumstances” may let the airline off the hook. In the United States, if a flight is delayed for reasons past the airline’s control, causes that can include weather, air traffic setbacks and engineering issues, the airline is not bind to do anything more than get you to your destination on its next possible flight. It’s not obligated to grant any damages to passengers when a delay happens.
The travel delay coverage granted by many travel insurance policies pays adequately for meals and a hotel room for the night if needed. There are a minimum numbers of hours before a passenger can use this coverage, typically a six hour delay. There is also a per day limit on the coverage, which might be anywhere from $100 to $250. Deluxe policies often have no cap and will simply cover expenses as required.
Travel insurance will cover you as long as you keep your receipts and make that claim,
Some adventures or extreme sports, like scuba diving, can be covered if you use the right insurance company
There are trip insurance companies like Travel Guard that provide a rider who are going scuba diving on vacation.
The type of coverage adventurous travelers should seek out is a rider to traditional travel insurance that offers “‘extreme sports coverage,'”
If you get sick or injured while traveling and need medical attention, a travel insurance policy may cover your expenses and get you home… Maybe.
Travel insurance typically provides the insured with a medical transfer to the “closest most appropriate medical facility as determined by the insurance company.” This means that if you fall ill while sightseeing in the lava fields of Arenal Volcano, the travel insurance policy will only provide transfer to a hospital in San Carlos, or even San Jose whichever they consider the closest facility. It will not get you back to your hospital of choice or home hospital.
“Many times, we believe the ‘medical evacuation’ portion of a travel insurance product will get us back home,” says Roy Berger, president and CEO of MedjetAssist. “That could be a very costly mistake.”
That’s a bit of an understatement. A traveler needing a medical evacuation flight from Costa Rica to the United States on an exclusive air-ambulance with two pilots and a minimum of a critical care nurse and paramedic would pay up to $50,000 out of pocket. That’s just for the private one-way medical flight back to your home hospital. So this is where air medical transport membership programs like MedjetAssist come in.
“As a Medjet member, if you are hospitalized more than 150 miles from home, Medjet will arrange to transport you back to your hospital of choice in your home country,” Berger says. “You, as the member, get to make the decision as to where you want to receive the remainder of your care.”
The cost of short-term, eight-day membership with MedJetAssist is $99, while a yearly membership is $270 per person.
Travel insurance policies are not all alike.
Travel insurance policies come in all shapes and sizes, offer differing amounts of coverage and can be off the shelf or tailor-made.
There are plans for families, children coverage included in the parents’ for example, But at a minimum, many U.S. travel insurance plans “offer comprehensive coverage for your entire trip and can help provide reimbursement for pre-paid, non-refundable trip costs if your trip is canceled due to a covered reason,” says Phil Hsia, President, AIG Travel, Americas, the parent company of TravelGuard. Hsia adds that some plans offer ” ‘cancel for any reason’ coverage.”
Coverage for trip cancellation/interruption, travel delays, medical expenses and lost luggage is pretty standard and most travel insurance plans also offer 24/7 travel assistance services that can help travelers with re-booking hotels and flights. The real differences are in the amount of coverage offered.