subject: Recovering The Money You Spent On Travel [print this page] A wonderful way of avoiding the winter chill is to take a Caribbean cruise. What if there are just a few days left for the trip and you go down with pneumonia? When you booked your trip, you probably did not think that you would have to cancel it equally fast.
If you purchase travel insurance you would be covered against such situations. For you it might be a new concept but it is a useful one all the same. Depending on the circumstances, you might get a full refund of the amount you paid for the trip.
However expensive travel insurance might seem, it is certainly a sensible investment. If you consider the cost of the trip as a baseline, travel insurance will typically add six percent to it. The best approach is to get to know the policy completely by asking a lot of questions.
All situations do not warrant insurance. With regard to most flights bound for New York, there is always a possibility of a full refund in case of cancellation.
It is the traveler?s experience which guides him in deciding on travel insurance. You can be taken by surprise at any time. Between the time you book your vacation and your actual day of departure just about anything can happen.
A frequent revision of insurance policies can be expected. It is important for you to study the overall terms and conditions of the plan as well as the fine print. It is a good practice to let your travel agent know about your health condition so that there are no problems later on.
More recently insurance companies have taken a soft stand on issues concerning pre-existing health conditions. Therefore, your pre-existing health condition could be overlooked when you buy the policy. Everything points to a clear shift in the way the travel industry is viewing its customers? needs.
For the insurance company it is a small amount to forgo, but for the traveler it is significant because in case is too ill to travel he can always put in a claim. Earlier, after paying the trip deposit, travelers had only 24 hours to buy a policy with the waiver, but the insurance companies have now relaxed this time limit by a wide margin. The policy and the waiver are now offered together by many companies when you book the trip.
A comprehensive insurance policy might benefit you even more. Every risk like accidental death, medical assistance and even trip cancellation is covered by a comprehensive insurance policy.
You will need to weigh the benefit of being insured against the cost of insurance. The money that you can spend on insurance has to have some relation to the total budget for the trip. Locations where natural disasters are a distinct possibility will push the cost of insurance higher.
It makes no sense to buy coverage that you will not need. Some tips are prone to cancellations and that is why many travelers opt for related insurance. Comprehensive insurance is naturally going to be costlier than this insurance.
Check to see if the insurance of the owner or renter of your home also covers your belongings while you are away. This way you will save on the coverage of additional baggage. Some of the travel agents and free coverage on certain counts for each plane ticket that you buy.
Find out if bankruptcy of the tour operator is covered in the policy. A tour operator who goes bankrupt will never be able to honor the policy that you took directly from him.
by: olivette
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