Travel insurance isn’t exactly the fun part of traveling, but in there are instances that you will need it – learn how to pick the right one (Video Below)!
How To Pick A Travel Insurance
A Few Excerpts From The Video
It’s important to know what to look for in a travel insurance policy. There are lots of different features available, and not all travel insurance is created the same.
Don’t just choose the least-expensive insurance. Make sure you read what the insurance pays out if the worst happens. Sometimes a little price increase makes a big difference in coverage. Some insurance companies cover canceled flights. Some cover lost luggage. Every policy is different and the little differences matter a lot.
Also, see if the policies cover your technology. Today, most people travel with cell phones and computers. It’s important to make sure your travel insurance covers technology benefits if they’re important to you.
Keep a copy of your policy information nearby. That way, if you need to call to make a claim in a stressful situation, you have the numbers you need close by.
Another thing to look for in travel insurance is whether you can extend your policy or make a new purchase while you’re traveling. If your one-month trip turns into a one-year trip, you might need to make changes while you’re away from home.
Finally, look into what’s called the excess amount. For example, if you lost or damaged belongings are worth $1000 and your policy excess is $1000, you receive exactly nothing if you need to make a claim. But if you pay attention, you can find travel insurance with a low excess amount.