ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

What is Travel Insurance and Will It Save Money?

Updated on October 15, 2010

Many aspects of your vacation require careful planning. You must choose where to go, what to pack, where to stay, what kind of transportation you will use, and what you will do. However, unforeseen emergencies can wreck your vacation in a hurry. These are often completely out of your control. Fortunately, travel insurance can help you prepare for the unexpected and save you money.

Several types of travel insurance you can choose from depending upon your destination, activities, and needs. The most common form of travel insurance is Trip Cancellation/Interruption coverage. These policies reimburse some or all of your paid trip expenses in the event that you are forced to cancel—such as cancellations due to weather, illness, jury duty, or bankruptcy of your chosen airline or cruise line prior to your trip. Some policies now offer terrorism insurance to cover your expenses when the U.S. Department of State issues a travel warning against your chosen destination.

Another type of travel insurance you may want to consider is insurance that covers your expenses in the case of medical emergencies. If you are traveling to an undeveloped country, have a chronic illness that might need medical attention during your trip, or if you will be engaging in activities that might result in injury (hiking, kayaking, cycling, etc), travel medical insurance may be a necessity to prevent high and unexpected expenses. Most policies provide reimbursement for the cost of doctor visits, medication, or even evacuation from the country. Travel health insurance coverage varies widely from policy to policy, so check with your insurance provider to make sure you choose a policy that fits your needs.

The kind of travel insurance you will need will also depend upon how often you travel and how many are in your party. You can purchase trip insurance which will cover you during a specific vacation, or if you travel more often, you can get travel insurance which will cover all your trips taken over a specific period of time (some restrictions on the lengths of your trips may apply, so be sure to read the fine print).

If you are a business traveler, get a policy designed for businesses, as these policies often cover things such as laptop computers or booth exhibit materials that other travel insurance policies do not. If you are traveling with your family, in general all children 16 and younger should be automatically included in your policy. However, be sure to check to make sure all family members are covered.

Image Credit: GoodNCrazy, Flickr

Comments

Submit a Comment

No comments yet.

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)