What is Travel Insurance?

Travel insurance is a policy that protects the money you spend on a trip. It’s an optional coverage, and usefulness of the coverage varies by situation.

What is travel insurance? What does it cover?

A travel insurance policy protects you, your personal posessions, and the experiences you have paid for as you travels.

Many policies cover the following:

• Trip cancellation

• Trip interruption coverage

• Emergency treatment. This coverage is suitable for international travel, as you are unlikely to find in-network providers abroad.

• Delays in your trip

• Medical evacuation

• Luggage that’s damaged, lost, or stolen

• Emergency travel assistance

Do I need travel insurance? 

Travel insurance is typically a good idea when you travel, especially if it is a trip abroad or one in which you have invested a large sum of money.

Travel Insurance is highly recommended for the following scenarios:

• Travel to a foreign country where your medical insurance doesn’t provide coverage.

• You’ve spent money that you can’t afford to lose. Have you saved for months—or years—for that dream vacation to Bora Bora? Don’t let the sacrifices you made to put aside the cash for your trip go to waste. Travel insurance can protect you.

• Your travel destination is prone to disasters.

• You travel will takes you to remote areas—and where you’ll possibly participate in inherently dangerous activities such as adventure sports.

Final Thoughts on Travel Insurance

Decide if your plans meet the risk factors that make it necessary to invest in travel insurance. If it does, ensure that you read the fine print and understand your coverages and exclusions. Amba Insurance can help you navigate the choices and compare plans to best suit your needs. Don’t hesitate to request a quote!