Whether the purpose of your trip is for business or pleasure, you invest a lot of time and money into your travel plans. So much forethought goes into booking, planning and laying out the details of your flight arrangements, your passport and other documents. Not to mention everything that goes into deciding what to wear and what to bring.
Once you've booked your flight, arranged lodging and finalized activities on your itinerary, however, there's still one more step to take: Purchase a trip insurance policy for yourself and encourage your travel companions to do the same. Trip insurance can reimburse you for certain covered reasons, like flight cancellation or lost baggage.
But that's just the start of what trip insurance can do for you. Let's take a look at a few of the situations in which this coverage is especially beneficial and why it's a sound investment.
safeguards your investment. This includes pre-paid travel expenses like the cost of your flight, your hotel room or accommodations, rental car and other similar arrangements. If an airline issue results in flight cancellation, trip insurance can reimburse you.
If one of these issues come up while your trip insurance policy is active, it can help you recoup financial losses.
When it comes to choosing your trip insurance coverage options, there are a few different types of trip insurance to consider, and each comes with their own benefits.
Trip insurance is a smart investment, particularly when you find the plan that is best suited to your travel endeavors. Here's a look at some real-world scenarios where trip insurance saves the day. Our trip insurance plans can help save you time, money and a headache:
A family trip is impacted by illness
You and your family are gearing up for your yearly vacation. You found the perfect destination for family fun in the sun, you and your spouse have put together a detailed and adventurous itinerary and you're counting down the days until your departure.
However, just a day before you're set to leave, your child falls ill and is unable to travel. Instead of losing out on the costs and investments you've already made, or electing to stay home with your sick little one as your spouse heads off on your planned adventure, you can count on your trip cancellation insurance to protect you financially.
A business trip saved after lost baggage
You're traveling for a business trip and prepping for a big meeting during your flight. You arrive at your destination only to find that your baggage got lost along the way and you are now without your favorite power suit. But you thought ahead and purchased trip insurance. Costs associated with lost baggage can be reimbursed. Crisis averted.
The latter is certainly the better choice, but buying a new suit (and replacing everything else that was lost with your bag) can get pretty expensive. Since you purchased a trip insurance policy, though, you're in luck you can confidently purchase the clothes and materials you need for your meeting and get reimbursed for these costs through your trip insurance coverage.
Leisure travel supported by cancel for any reason insurance
You and your significant other are preparing for a romantic getaway, just the two of you. You can't wait for the trip and are eagerly packing your bags, when news of a bird flu outbreak at your destination puts you into a panic.
Luckily, you have trip insurance with Cancel For Any Reason. Not only can you recoup some of your prepaid expenses but also you and your partner don't have to put your health at risk.
A frequent traveler saves time while ensuring trip coverage
Even the savviest travelers run into obstacles. In these cases, it's important to have trip insurance you can count on.
So, say you're a traveler with family overseas, and you take frequent trips to visit them. You invest in a multi-trip insurance plan that provides you with coverage for trips lasting a month or longer. This way, even if you fall ill or become injured, your plan ensures you can cancel your plans or access the medical services you need.
No matter what type of trip you take or how often you travel, it's important to protect yourself with trip insurance. To find out more about what you need for your next adventure, connect with our Customer Success Team for help.