The Hidden Benefits of Trip Insurance

The Hidden Benefits of Trip Insurance

What do you think of when you think of trip insurance? For a lot of travelers, the first thing that comes to their minds is trip cancellation insurance. Yes, it's true that trip insurance offers reimbursement for prepaid travel expenses if you have to cancel your plans for a covered reason.

What's more, if you add the Cancel For Any Reason benefit to your policy, trip insurance allows you to cancel your plans for literally any reason!  But that’s not the only thing trip insurance can do for travelers like you.

Let's explore the hidden benefits of trip insurance.

What Does Trip Insurance Cover?

         Benefit Description

Trip Interruption or Delay

If you have to cut your trip short or need to unexpectedly extend your trip for a covered reason like inclement weather, trip insurance can help lessen the financial blow. And it can even cover costs if a mandatory COVID-19 quarantine forces you to extend your trip.

Plans with this benefit: Safe Travels Voyager, iTravelinsured Travel LX, Seven Corners Trip Protection Choice

Vacation Rental & Hotel Deposits

Whether you’re staying in a hotel or in a vacation rental, chances are you’ll need to pay a deposit fee up front. If you have to cancel your plans, trip insurance can help you recoup these nonrefundable expenses.

Plans with this benefit: Safe Travels Voyager, iTravelinsured Travel LX, Travel Safe Classic

Lost, Damaged, or Delayed Luggage

Baggage mishaps are a common traveler frustration. Trip insurance can cover expenses related to lost, damaged or delayed luggage, including reimbursing you for a change of clothes or other necessities.

Plans with this benefit: Travel Select, Safe Travels Voyager, iTravelinsured Travel LX, Seven Corners Trip Protection Choice

Missed Connection

One of the greatest concerns for travelers is missing a connecting flight. When you have trip insurance, expenses related to missed connections. Bonus: Cruise-specific trip insurance like SafeCruise Insurance can cover expenses related to reconnecting you with your cruise if you miss your departing port.

Plans with this benefit: Travel Select, Safe Travels Voyager, iTravelinsured Travel LX, Travel Safe Classic

CFAR

Your trip insurance will cover you if your travel plans are canceled for a covered reason like sickness or inclement weather. But if you want to add even more flexibility, add the Cancel For Any Reason (CFAR) benefit to your basic policy. That way you can cancel your trip for any reason and still recoup up to 75% of prepaid expenses.

Plans with this benefit: Safe Travels Voyager, iTravelinsured Travel LX, Seven Corners Trip Protection Choice

Unused event tickets

If you’re planning to attend a concert or a special museum exhibit or take in a ball game, you probably paid for tickets in advance. In the unfortunate event that you have to cancel your trip plans, trip insurance can reimburse you for these unused tickets.

Plans with this benefit: Seven Corners Trip Protection Choice, Travel Safe Classic

Hidden Benefits of Trip Insurance

In addition to the benefits listed above, there are a multitude of other hidden benefits of trip insurance that you may not know about.

Rental Car Damage

Many trip insurance plans include coverage for rental car damage or theft of a rental car during your travels.

This benefit can protect you against eligible expenses related to physical damage and repair of the rental car in the event of an accident or theft of the vehicle.

Accidental Death & Dismemberment

Accidental death and dismemberment insurance is another added benefit of many trip insurance plans that provides relief to your family in the event of your death or serious dismemberment during your travels.

This benefit pays a lump sum amount to the insured's beneficiary in the event of death due to a covered accident.

Accident & Sickness

Trip insurance also includes an accident and sickness benefit, which can cover emergency medical expenses in the event that you are injured or fall ill unexpectedly during your travels.

This can be extremely beneficial as most domestic health insurance plans will not cover travelers outside of their home country.

Emergency Medical Evacuation

Most trip insurance plans also include coverage for emergency medical evacuation. Emergency medical evacuation can be deemed necessary if you require emergency transport to a hospital or medical facility that can treat a life-threatening illness or injury.

Without coverage, emergency medical evacuation can be extremely expensive, especially outside of the United States.

Repatriation of Remains

Coverage for the repatriation of remains is also a hidden benefit of trip insurance.

This benefit provides coverage to return your remains back to your home country in the event of an untimely death abroad. Without coverage, repatriation costs can be exorbitant.

Political Evacuation and Natural Disaster Evacuation

Many trip insurance plans also offer evacuation for covered natural disasters or political events in certain situations.

This benefit can cover the costs necessary to get you back to your home country in the event of a coverage natural disaster or political circumstance.

Travel Assistance Services

Another key hidden benefit of trip insurance is the access to travel assistance services through your insurance provider.

If you need any sort of travel assistance during your trip, translation services, or help finding a medical facility, the insurance provider can provide these services to you as part of your plan.

Pet Benefits

Some trip insurance plans even offer pet benefits, which can include coverage for a trip cancellation or interruption due to the sickness or death of a pet.

Additionally, select trip insurance plans can cover costs associated with extended borading for pets in the event of a delayed return.

Trip insurance benefits will vary from plan to plan, so it is important to review a policy's wording to understand complete coverage details.

Get Comprehensive Protection With Trip Insurance

For as little as $100, travelers can take advantage of all these benefits. Traveling can be an amazing experience, but it can come with a bit of stress and anxiety.

Trip insurance helps you travel stress-free so you can focus on the sights you’ll see, the cultures you'll explore and the people you're with.

Ready to get covered? Compare our available trip insurance plans or contact our Customer Success Team for friendly assistance.

Luna
VisitorsCoverage Support