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 Trip Insurance Can Do for You
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.
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.
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.
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.
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.
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.
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. Now that you’ve seen what trip insurance can do, check out the hidden benefits of travel medical insurance.