Travel Insurance 101

April 23, 2019 Alison Purcell

Travel insurance can protect against financial losses if you are forced to cancel, delay or interrupt your vacation. We can help!

What is Travel Insurance?

Travel insurance offers protection against losses due to medical emergencies, damage to personal property or death, which may occur away from home on vacation.

Major Types of Travel Insurance

Trip Cancellation/Delay/Interruption Insurance

Trip Cancellation—Reimburses you for pre-paid travel expenses if you aren’t able to take your trip because you or a family member becomes ill or dies.
Trip Interruption – Reimburses you for prepaid expenses if your trip is cut short because you or a family member becomes ill or dies, or because of any other misfortune listed in policy. Covered reasons might include bad weather, airline strikes, terrorism, bankruptcy, jury duty or fire/flood damage to your home.

Medical/Accidental Death Insurance

Emergency Medical Expense—Reimburses you for medical and emergency dental expenses that you have because of an illness or injury while you’re travelling.
Medical Evacuation—Provides emergency transportation to take you either to a hospital near your area of travel or for transportation back to a hospital near your home.

Baggage/Rental Car Damage Insurance

Baggage Loss—Reimburses you for lost, stolen or damaged personal items. This usually doesn’t cover personal items that may be lost or damaged by an airline. If you buy baggage insurance, be sure to review the policy for the list of property that wouldn’t be covered. Some of your property may exceed the limits allowed.
Rental Car Damage—Reimburses you for damage or loss to a rental vehicle. If you have this coverage you may decline the “collision damage waiver” rental car companies’ offer. This coverage doesn’t provide liability protection.

James Purcell Insurance Broker