This is one of those age-old questions with no definitive answer. It's estimated that 30 percent of Americans purchase travel insurance, which is a drastic increase since 9/11, when less than 10 percent of travelers were insured. If you're flying on a $150 ticket to see Aunt Irma in Wisconsin, you probably don't need travel insurance. But on a trip such as yours, travel insurance can come in handy if something unexpectedly disrupts your trip. Your first step is to compare the cost of the trip versus the cost of the policy. The most common situations when travel insurance comes…
Foreign travel can be both exciting and challenging. Travel planning calls for a lot of thought and time. Often healthcare needs of travelers are overlooked. This oversight can turn an otherwise great trip into something out of a nightmare. These are some important steps you must take before you undertake any travel: 1. See your primary care physician and discuss your needs during your foreign travel. Ensure everybody is current with immunizations. Many Asian and African nations demand proof or certificate of vaccination. These requirements can be obtained from your travel agent. 2. Study your current health insurance plan to…
With the many recent bankruptcies in the travel industry, and with the increased threat of terrorism overseas, travel insurance has become one of the most important investments you can make before your next trip. How much would it cost if you needed to cancel your trip or come home early, Who would you call if you suddenly fell ill in your overseas hotel room, How will you navigate the local health care system if you get run over by a local bicyclist, Travel insurance can cover a lot more than trip cancellation costs and lost luggage. Unlike most insurance policies…
