Travel Insurance: Boring But Necessary: 2025 Edition

Plan for the unexpected

You have booked and paid for your vacation that you planned for over a year. You are packing and know that nothing can go wrong. But things do happen more often than you realize. Flights are delayed because of weather or mechanical issues. Luggage is delayed or lost. A family member becomes ill and has to be hospitalized. There is a hurricane in the Caribbean. We read about these incidents every day. And the online forums are filled with the stories of people who did not buy travel insurance that would have protected them.

More travelers than ever are taking the extra step to make sure they are covered for costly issues before and during their vacation – by purchasing travel insurance, also known as travel protection. Planning a beach vacation should be an exciting time – not one filled with worry and stress. To help make sure you have a smooth journey, we have put together some essential tips to help you get the most out of your travel insurance.

Travel Insurance: What It Is and What It is Not

Travel insurance is not a substitute for major medical insurance. It covers emergency medical expenses you may incur while traveling, such as hospital stays and doctor visits.

Travel insurance will reimburse you for some or all expenses when you must cancel or interrupt a trip for certain reasons. Called “covered reasons” by the insurers, these include reasons such as a serious illness, accident, or death of you, or a traveling companion, or loved one.

Most policies cover you if you are called to jury duty. Many will reimburse a part of the costs for missing luggage or lengthy travel delays. Some have cancellation clauses for work related issues. 

Many policies have added benefits like an 800 number or concierge to help with issues like lost passports or documents or help in locating clinics or pharmacies. There are some policies with apps where you can file claims immediately on your phone. 

Tip: Always pay by credit card, not debit card, as it improves your chance of getting your money back.

Protect Yourself Against This

When people think of Travel Insurance, they think about coverage for a medical emergency. This is just one benefit and especially important one. Here are a few examples of unexpected medical expenses while on vacation.

We had a family member on a cruise who became ill, but not seriously. The cost for simple tests and medications onboard medical services was over $2000.

Recently a woman became ill on vacation and needed fluids administered. The cost was $1600.

The cost to be medically evacuated can be $20,000 to over $100,000 depending upon the distance and mode of transportation. 

In most cases, a person will pay out of pocket for any medical services (even on a cruise ship). Their personal health insurance may or may not reimburse them. Or the service can be considered “out of network” in which case only a portion of the cost is reimbursed. 

A travel insurance policy can cover the out-of-pocket costs for these situations.

Seniors Take Note!! You Need Travel Insurance

Medicare does NOT cover most foreign medical expenses. Seniors should always buy travel protection that will cover them for medical emergencies when outside of the U.S. Also, look for policies that will cover those extremely expensive medical evacuations should it become necessary.

Some foreign hospitals will not treat you without an upfront payment. There are travel insurance policies that will cover this and pay the hospital directly.

Do You Have a Pre-existing Condition?

Are you planning a trip and have a pre-existing medical condition? If you are taking blood pressure medication or a cholesterol lowering drug, that can be considered a pre-existing condition. Don’t let that stop you from traveling! Many travel insurance policies offer coverage for pre-existing conditions, but you will need to buy the insurance within a certain period after booking your trip. It is usually within 2 to 3 weeks of paying the initial deposit for your trip. With the right policy, you can travel with peace of mind and enjoy your vacation with confidence!

We can help you find the plan that is right for you.

Protection Against Terrorist Action

Are you planning a trip soon? While many travel insurance policies don’t include automatic coverage for terrorism, you can easily add it on for extra peace of mind. Let us help you get the protection you need, so you can relax and enjoy your trip.

Beware: Your Credit Card Coverage May Not Cover You

Many people assume the coverage from their credit card will take care of them. And sometimes it does. Other times, it might not provide the coverage you need. People often find that their credit card travel insurance was not enough to cover expenses. Take the time to read through the details and make sure you know what is and isn’t covered. You don’t want to be left without the protection you need!

Want To Cancel for Any Reason?

These plans exist. Insurance that lets you Cancel For Any Reason (CFAR) typically needs to be paid within the first week or two after reservations are deposited. These policies tend to be expensive and often only cover only a percentage of your costs. If you want it, ask for a quote before you put down your initial deposit for your trip.

Should You Buy from the Cruise Line or Airline?

It is easier to buy travel protection from your cruise line, airline, etc. and they sometimes offer more than a travel insurance plan. However, it can be more costly. We are more than happy to provide you with a quote from one of our trusted providers so that you can compare this to the coverage offered by a cruise line, airline, or tour group. 

If a supplier provides the insurance, but then goes bankrupt, will you still have coverage? Will you have help getting home? Many travelers were left stranded when Crystal Cruises suddenly abandoned operations due to financial default. Some travelers were left to find their own way home.

To protect against this, look for policies that cover “financial default of supplier.” We do recommend insurance through the cruise lines at times, but only those we trust with a solid financial record. For many people, buying through a third party is the best choice.

Our Best Tip: Do you travel more than twice a year?

Buy a plan that covers you all year long. This is what we do. An annual plan that covers all your trips can be a great way to save money and reduce stress when it comes to traveling. They are surprisingly cost-effective, and you must only purchase it once a year. It covers all the trips you take in that year, including those within 100-200 miles from your home. 

We highly recommend this approach, as we often find that buying an annual multi-trip plan is cheaper than buying a single trip plan from a travel supplier. Of course, we work with only the most reliable and trustworthy insurance providers to ensure you get the best value for your money.

Learn more about the ins and outs of travel insurance in this excellent Washington Post article.

While We are Talking About Money

Check out our Money Do’s

And Travel Money Don’ts

Inspired to travel? Interested in somewhere you don’t see here? Contact us, and we’ll make your dream vacation a reality.

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We work with you the way you want:

– Email
– Phone
– Text
– Zoom Call
– Personal Meeting

We work with you the way you want:

– Email
– Phone
– Text
– Zoom Call
– Personal Meeting

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