Insurance for travelers is a tool capable of providing peace of mind and security to travelers against possible misfortunes or unforeseen events that may occur before, during and after the time of a trip.
Nobody is exempt from suffering an illness or having an accident either out of town or out of the country, so using insurance for travelers to be protected will free you from improvisation. At the same time, it will allow you to solve any inconvenience, without the fear of suffering a financial imbalance for that reason, since the unexpected expenses will be partly or totally covered by your insurance company.
Types of travel insurance
When you start the planning process for your next business trip or vacation, always remember to dedicate a section to those questions you want to ask your insurance provider. This is important because, depending on your needs, they will be able to answer any questions you may have regarding travel protection issues.
The most common types of insurance for travelers are:
- Cancellation insurance
- Baggage insurance
- Travel assistance insurance
- Corporate insurance
When choosing insurance for travelers, be sure to choose a policy that covers you in your home country and, of course, your destination country. The added coverage will ensure that you receive proper treatment if an incident arises.
Benefits of insurance for travelers
With this in mind, here are four reasons why you should get insurance for your next trip.
1. In order not to lose money in the event that you have to cancel or interrupt your trip
A cancellation insurance is one that extends from the date of purchase of the ticket to the day of departure. It is the most popular among frequent travelers, since it is able to cover up to 100% of the total cost of the trip and, incidentally, the expenses related to medical and pharmaceutical insurance.
The insurance company that is covering your trip would then refund the difference of the premium paid, if the policy is canceled before the expiration date. In addition, some of these insurances also have the option of terminating your trip early and claiming the expenses that have not been used, that is to say, it would also count as an interruption insurance, only if very specific conditions are met.
Something you should take into account is the conditions under which this cancellation can be made. This insurance for travelers focuses on providing coverage for mishaps related to accidents, health conditions or legal obligations, but there are others that even incorporate unforeseen events related to cancellation due to atmospheric factors.
If you plan to travel, be sure to take out cancellation insurance as soon as you can. It will save you money and protect your deposit.
2. To ensure the integrity of your luggage
Another of the most requested insurances nowadays is the luggage insurance. This consists of acquiring special “protection” for your belongings in case of damage, theft or loss, and in special cases it also covers hours of delay.
For illustrative purposes, this insurance for travelers is applicable when:
- The luggage appears without packing tapes, suggesting that it may have been opened in the process of transportation.
- The luggage arrives late and the traveler is forced to purchase a number of items that for obvious reasons cannot be accessed due to the delay.
- The luggage does not appear.
Based on the above, this insurance for travelers would allow you to recover your luggage, cover expenses arising from the delay and, if necessary, receive financial compensation.
3. To have full coverage for the entire trip
Purchasing travel assistance insurance is not mandatory, but it is a good idea if your plans include travel outside the country, as your health insurance may not cover health care programs in foreign countries.
Most travel protection plans will have a review period, which can range from 90 days to one year. In addition, many plans will cover pre-existing conditions, as long as you purchase the plan within the first few days of making the first deposit.
These services may include emergency medical aid, assistance during a natural disaster or even work abroad.
But in addition to the above, this type of insurance for travelers can also be a kind of all-in-one, since in addition to medical care, some plans may include baggage insurance, accident coverage, flight delays or legal defense. It is a complex and very beneficial insurance plan, as it will allow you to be prepared for any eventuality.
4. To take care of your employees during business trips
Corporate insurance for travelers is a necessity for organizations with a large number of employees. It protects the company from the financial risks of unexpected events, such as flight delays or unforeseen medical expenses.
It also protects the safety of the company’s employees. Most companies have a duty of care to their employees, which makes it their responsibility to protect their workers when traveling on business.
Corporate insurance for travelers offers many benefits to business travelers, such as flexible coverage, global travel assistance and 24-hour emergency medical assistance. The policy also offers additional benefits, such as injury assistance and lifestyle modification services for non-salaried employees.
Purchasing corporate travel insurance is a smart decision for any business traveler. While you may not need a plan every time you travel for work, it is important to shop around to find a policy that suits your needs.
When shopping for travel insurance, compare types of coverage, reimbursement amounts and employee coverage. Many travel policies offer a fixed amount per trip, and others are based on calculation.
All the benefits of insurance for travelers in one place
Now that you know the details, if you are about to travel, what are you waiting for to make a quote with us? In Lewer you will find a series of benefits that will undoubtedly allow you to have a more pleasant and carefree trip.
Contact us now at 1-800-387-8244 or [email protected].
We are waiting for you!