UNDERSTANDING TRAVEL INSURANCE COVERAGE FOR CRUISES AND OTHER VACATIONS
- Trip cancellation, interruption or delay: Provides coverage should you have to cancel a trip due to sickness, a death in the family, bad weather, delayed luggage or another disaster listed in the policy. In addition, if you or an immediate family member become seriously ill or are injured during the trip some travel insurance policies will reimburse you for the unused portion of the vacation. There may be an exclusion for pre-existing conditions, so check your policy carefully. Lastly, some travel insurance policies may provide coverage if the cruise or tour operator goes out of business. If this is a concern, read your insurance policy carefully to make sure it includes this scenario. If you are paying by credit card, you can also talk to the card issuer to see if the company also provides financial protection for this type of event.
For an additional fee, some insurance companies also offer a “Cancel for Any Reason” provision, which covers insured travelers if they “cancel their trip due to the fear of something that may happen” such as civil unrest, a pandemic or the possibility of a natural disaster.
- Medical Insurance and Medical Evacuation: Provides coverage if you become sick or injured while traveling. For example, if you had to be airlifted off a mountain due to a skiing or hiking accident, or if you had to stay for a prolonged period of time in a hospital outside the United States. It would also provide coverage if you got seriously sick or were injured and needed to be flown home. Some commercial airlines require very sick passengers to travel on a stretcher with a doctor. This means that you might have to purchase additional seats on a plane which can be very costly. A travel insurance policy will often reimburse you for that potential expense.
- 24-hour Assistance: This is a service is provided by most travel insurance companies and can help travelers find doctors, arrange accommodations, contact families or provide other forms assistance in case of an emergency.
Other travel-related coverages may include: Accidental Death, should you or a family member die during the course of a trip; andLuggage Insurance or Personal Effects Coverage, which provides protection if your luggage and/or personal belongings are lost, stolen or damaged during the trip.