Travel Insurance – The Fine Print and Smart Coverage Options

On Jul 19, 2016

Travel insurance is seeing a significant increase in interest. The world is an ever-changing place, and in light of all the recent events, getting coverage for trips, vacations, and world exploration travel insurance is becoming vital. While it’s always great to have peace of mind, be wary of the fine print and consider smart coverage options.

After all the unfortunate and cowardly acts, terrorism has become a thought in the back of everyone’s mind. If you’re planning a trip, especially in Europe, you might want to strongly consider travel insurance. However, keep in mind that while travel insurance is regulated, it’s not heavily impacted on a day-to-day basis. Typically, travel insurance policies cover terrorism in “very narrowly defined ways,” according to John Cook, the founder of a travel insurance comparison and shopping site.

Your coverage is all in the fine print and can vary with stipulations that may be different depending on the policy and the carrier. For example, if a terrorist attack occurred 2 weeks before your trip and another occurs during your travels in the same area – you may not be covered.

The key is to always ask. Whether it be world issues, acts of God, or whether or not you’ll be covered if your great-aunt Bertha passes away, always inquire directly with the agency. Take down the name of the person you spoke with along with the date and time. If you purchase travel insurance and an issue arises, don’t be afraid to call and inquire even if you believe it won’t be covered. While the general rules stand, some good insurance carriers do consider issues on a case-by-case basis.

Above all, it’s important to remember that being afraid is exactly what the cowards committing terrorist attacks want. Never compromise your wanderlust and thirst for life and adventure, but be safe and smart.