TRIP CANCELLATION INSURANCE AND ITS BENEFITS
Insure Your Travel
Who would not dream of a travel insurance policy that pays you even if you cancel your trip? Fortunately it’s not a dream any more. There are traveler-friendly policies for the asking.
There are comprehensive travel cancellation insurance policies that cover a host of contingencies like delays and missed connections, lost or delayed baggage, medical emergencies, political disturbances and so on. You can find coverage for even accidental death or dismemberment.
But, there’s an ‘if’ attached. Complete reimbursement cannot be availed for all reasons for trip cancellation – it goes strictly as per the specifications of the policy. These specified reasons would be death to one of the travelers or a death in the family, a natural calamity and so on.
The luxury of being reimbursed for canceling for any reason comes at a premium. Also the limits of coverage would vary for each different cause. Emergency medical coverage might be fully reimbursable but baggage delay or loss may not, for example.
travel insurance with medical coverage is a good option. You get to avail associate doctors and hospitals, with full coverage of medical expenses and emergency evacuation to the nearest suitable hospital. There are also cashless transaction options. An especially good option for the old and the infirm ( though the premium would be high).
travel insurance now extends to all types of travel and the reasons specified in each case would correspond with ground reality. For instance, one of the ‘specified reasons’ for a ski trip might be avalanche coverage, the delay or dismemberment resulting from the same. Compare the premiums and benefits of various policies online.
Use the services of a consultant so as not to miss the fine print in travel medical insurance. For instance, there might be stipulations about the distance of destination from starting point. Understand each of the specified causes – typically they are circumstances quite beyond your control like a sudden illness or economic or political upheavals or a natural calamity.
Be sure to run a fine comb through the details. The reader-friendly formats of various sites give a clear picture of what’s what. Key in your requirements (no ambiguity here) and get free, instant quotes.
May 21st, 2009 at 12:44 pm
I would like to know about trip cancellation in a particular situation.
We are planning a family vacation to Montreal Quebec in August 2009. I have one daughter who now resides in the USA and was going to accompany us BUT she is in the process of waiting for her green card and if that 3 month duration of waiting for the green card to go through and we had already booked her on this trip would “Trip Cancellation” cover this instance. She has to stay in the USA for the three month period and she does not know hen this date would occur. This has just all happend today . We do not have our tickets yet but IF she has to stay in the USA will cancellion of her ticket be acknowledged??????
Thank you for taking the time to review this. Norma Einarson at 1-204-267-2083
May 22nd, 2009 at 6:12 pm
now that you know that you’re not sure when the green card will arrive (and you will have to tell the insurance company this), i’d suggest just don’t go ahead on the trip if you expect your daughter to go with you. otherwise, trip cancellation may not cover. different insurance companies have different policies. some are more lenient than others but mostly they are not that forgiving. remember that they run a business and they always have a fine print where most customers do not bother reading then will be surprised when wasn’t paid their expected money. don’t include your daughter on the trip if she don’t have her green card yet is what i’d suggest. she can’t cross to canada anyway if she don’t have the green card yet – if your country of origin requires a visa to enter canada.