Travel Medical Insurance. It’s on the top of your "To Do List " before your trip. Travel Insurance needs to be as important as packing” and “arranging care for your pets while away" Make your lists, Do NOT Forget to purchase your travel insurance. If you’re travelling outside of Alberta for any length of time (and don’t like paying $34,000 for a wrist fracture in Mexico, or $58,000 for appendix surgery in Scotland, or $294,000 for a heart attack in Arizona), then it’s a necessity.
But equally as important travel insurance coverage is to ensure you are covered for trip cancellation and trip interruption. Many assume they have coverage through work or a credit card. Upon inquiring to these types of policies most travellers find that they do not have adequate coverage at all. If you have paid attention to our world news in the last year alone, you need to agree that anything is possible these days.
What kinds of travellers absolutely must get Trip Cancellation & Trip Interruption Insurance?
The answer is simple - Today these types of policies are necessary for all travellers, Travel Insurance is to protect your travel investment for those unforeseen circumstances.
You made the reservations six months ago. You've packed everything you could possibly need for your vacation, from flip-flops to sunglasses. But even the best-planned trips can be derailed by circumstances beyond your control. What should you do if your trip gets cancelled?
Know the difference between a trip interruption and trip cancellation
If you experience a hiccup in your travel plans that slows you down or sends you home a little early, that's considered a trip interruption. But if you miss more than half of the total length of your trip because your travel is delayed, this situation may be considered a trip cancellation for insurance purposes.
Trip cancellation benefit gives cash back for prepaid, nonrefundable payments if you have to cancel your trip for one of the reasons covered by your policy. It also may cover the extra cost of single accommodations if your travel companion canceled his or her trip for a covered reason.
Contact your travel insurance provider
If you purchased trip cancellation insurance, it's essential to let your insurance provider and your travel supplier know as soon as possible that your trip has been cancelled. If you cancel your trip for a covered reason, you must notify your travel supplier(s) within 72 hours of the cancellation to qualify for the largest reimbursement possible.
Understand the covered reasons for cancelling a trip
If you have a plan with Allianz Travel Insurance, there are many covered reasons for last-minute trip cancellations. One common reason is a medical emergency: if you, your travel companion or a family member suffers a serious injury or illness. A doctor must examine the sick or injured person and advise that the trip be cancelled.
Other covered reasons include personal misfortunes you can't control, such as losing your employment after three or more years on the job or suffering a burglary, fire or other disasters that leave your home uninhabitable. You can find a full list of covered reasons for trip cancellation in the documents for your specific Allianz Travel Insurance plan.
Are you covered in case of an unexpected trip cancellation? Protect yourself and your travel investment with innovative trip insurance products by contacting Sandy for a quote.