How Do We Select The Best Travel Insurance
Let’s be frank: travel insurance is an extra expense, and chances are you’ll pay more for it than you get back. However, one thing is certain – when you need insurance, you’re sure glad to have it. And when you break your leg on an African safari, you will be grateful you purchased travel insurance. If you have a big trip planned, or you travel regularly, investing in travel insurance will offer peace of mind. It might end up saving you thousands of dollars, if the unexpected happens.Travel insurance is inexpensive, yet it comes with benefits. A comprehensive package is a valuable tool that can provide medical coverage in foreign environments, protection against unexpected events and simple services that can recover or replace lost luggage.
Travel Insurance: What to Look For
You might be surprised how much international travel insurance policies differ from one other. Each vendor emphasizes a slightly different aspect of protection. Therefore, you should buy the policy that is most pertinent to you. The three main categories to understand are travel benefits, medical benefits, and help and support features.Travel Benefits
What happens if something prevents you from starting a trip that you've insured? What is the trip cancellation policy? How do you receive compensation for the prepaid and nonrefundable expenses incurred? Is there an option to cancel the trip for any reason? These are all relevant questions that should be answered before you purchase travel insurance. Once under way, you should know the benefits provided if the trip is interrupted. What happens if your trip is delayed or you miss a connection? Who pays for the resulting expenses? Will the insurance policy compensate if your carrier loses or delays your baggage and you have to purchase something that was lost? Know the answers to these questions before you sign on the dotted line.
Medical Benefits
Some travel insurance policies lump together a benefit that covers any sort of medical or dental emergency caused by accident or sickness. Some policies subdivide the medical categories to provide one benefit for, say, emergency medical and dental, and another benefit for emergency accident and sickness. Most, but not all, budget travel insurance vendors cover costs of emergency medical evacuation. Among those that do, the range of compensation varies dramatically. Some providers include a benefit for common carrier accidental death and dismemberment and some do not. The key is to know your policy well.
Help & Support
There is a great deal of commonality among travel insurance policies in the help and support they provide. Every policy that we reviewed seems to offer similar features: 24-hour toll-free or collect telephone access to travel, business and concierge services. A review period immediately following your purchase gives you an opportunity to cancel your policy and receive a full refund. The length of this review period varies by provider. Once you've armed yourself with the proper information, you can make a choice to purchase travel insurance online to get the level of security you desire. Take the time to find the right policy and you'll get the most protection for your money. Knowing that you're covered is the first step to a great vacation.
The following are best travel insurance companies for 2017 :
CSA TRAVEL PROTECTION CUSTOM
Pros
The policy provides as much as $1,000 for trip delays, the best coverage in that category.
Cons
The 10-day satisfaction guarantee is shorter than the guarantee on some other policies.
The Verdict :
CSA Travel Protection is one of the best travel insurance policies.
CSA Travel Protection Summary: (Score : 9.9/10)
The CSA Travel Protection travel insurance premium is a pittance when you consider the safety net that it extends to a traveler waylaid along the path by Murphy’s Law. When it comes to benefits for baggage delay and medical evacuation, only one travel insurance vendor in our review provides greater benefits. And none of the travel insurance providers that we examined provide a more generous lost baggage benefit. The trip interruption benefit equal to 150 percent of the cost of the trip is highly unusual and unmatched by no other travel insurance underwriter in our review.
Official site : https://www.csatravelprotection.com/TRAVEL SAFE BASIC
Pros
The policy provides a $35,000 emergency accident and sickness benefit.
Cons
You can't buy this insurance if you're 80 or older.
The Verdict
TravelSafe basic travel insurance will protect your trip investment and give you some control over your vacation.
TravelSafe Summary: (Score : 9.4/10)
TravelSafe is the best travel insurance for those that want a simple plan with a reasonable premium. TravelSafe worldwide travel insurance compares well with plans that are more costly and offers a fair balance of benefits that can be expanded by purchasing one of the company's more-expensive plans. This is a great deal if you are looking for cheap travel insurance with broad coverage.
Official site : https://www.travelsafe.com/TRAVELEX BASIC TRAVEL INSURANCE
Pros
The policy offers coverage and reimbursement for a minimum trip delay time of five hours, one hour less than most other policies.
Cons
The policy provides no benefit for accidental death or dismemberment.
The Verdict
The policy provides above average travel benefits and is best suited for the traveler who is less concerned with medical problems.
Travelex Summary (Score : 8.5/10)
Travelex basic travel insurance competes in the middle of the pack of competitors. Some companies are better and some are worse. Buyers are entitled to a full refund up to $10,000 if cancellation occurs prior to the trip date and within 10 days of the purchase. The “Transportation Pak” option – which adds 24-hour roadside assistance with a collision damage waiver on rental vehicles and benefits in case of accidental death and dismemberment while flying with a common carrier – allows clients to fine-tune their travel insurance for specific needs.
Official Site : http://www.travelexinsurance.com/MH ROSS ADVANTAGE ASSET
Pros
The policy carries lost baggage coverage up to $1,500, the highest in our review.
Cons
The included rental car insurance is lower than the best performer in that category.
The Verdict
MH Ross offers a very generous policy and strong service for a small price.
MH Ross Summary: (Score : 7.5/10 )
MH Ross compares well to the best travel insurance policies because of its quite generous benefits for travel and medical emergencies. The benefit to provide accidental death and dismemberment coverage even if the accident did not occur while traveling with a common carrier is particularly of interest. If you're looking for an affordable way to insure your next trip, MH Ross might be worth considering.
Official Site : https://www.mhross.com/PROTECT YOUR BUBBLE
Pros
There is $50,000 of rental car coverage included in the plan with no extra fees.
Cons
The coverage for emergency transportation is much lower than with other travel insurance policies.
The Verdict
Protect Your Bubble provides a pleasant and quick way to purchase travel insurance online.
Protect Your Bubble Summary: (Score : 7.5/10)
Protect Your Bubble provides protection against the unexpected inconveniences and dangers of travel. The travel benefits are average when compared to other travel insurance. The medical treatment benefits and rental car coverage are unmatched by any other insurance. If you're seeking affordable insurance with balanced coverage for flights and road trips alike, Protect Your Bubble may be for you.
Official site : http://protectyourbubble.comTRAVEL INSURED INTERNATIONAL TRIP PROTECTOR LITE
Pros
One child, less than 18 years old, is included per insured adult.
Cons
Accidental death or dismemberment is not one of the policy benefits.
The Verdict
The travel benefits are average, and the medical evacuation benefit is very good.
Travel Insured International Summary (Score : 6.8/10 )
Travel Insured International travel insurance provides adequate medical benefits and unusually good emergency medical evacuation and transportation benefits. Common carrier accidental death and dismemberment benefits are not included, but they are available for an extra premium. Travel Insured International is a low-cost way to insure the whole family when you finally go on your dream vacation in distant lands.
Official site : http://www.travelinsured.com/TRAVEL GUARD BASIC
Pros
The policy comes with a $100,000 emergency medical transportation benefit.
Cons
Travel Guard does not offer a missed connection benefit.
The Verdict
Travel Guard is a viable option to get good medical benefits and travel benefits for a low price.
Travel Guard Summary (6.5/10)
When it comes to inexpensive travel insurance, Travel Guard gives you adequate protection for a minimal premium. The travel benefits compare well with the best travel insurance as well as similarly priced plans. Travel Guard is definitely worth a look the next time you plan a trip.
Official site : http://www.travelguard.comALLIANZ GLOBAL ASSISTANCE TRAVEL INSURANCE
Pros
The plan will reimburse the nonrefundable trip cost in the event of trip cancellation or interruption.
Cons
The trip delay benefits are meager.
The Verdict
This plan protects your travel investments from unexpected events. However, its travel benefits are weak when compared to similarly priced policies.
Allianz Global Assistance Summary (Score : 6/10 )
Allianz Global Assistance travel insurance does not provide the level of benefits provided by its competitors, even though it costs just as much. Despite the weaknesses of this basic plan, this international travel insurance is still well suited to protect your trip against cancellation and interruption. For that very reason, this plan is still worth considering.
Official site : http://www.allianztravelinsurance.comHTH WORLDWIDE TRIPPROTECT E-SAVER
Pros
The policy provides a $100,000 accidental death and dismemberment benefit.
Cons
The policy does not include any medical benefits.
The Verdict
Even though HTH Worldwide offers decent travel benefits, it lacks the medical benefits found in its competitors' plans.
HTH Worldwide Summary ( Score : 4.8/10 )
This international travel insurance has some great advantages and disappointing disadvantages. The chief advantage is that HTH Worldwide travel insurance provides a generous $100,000 benefit for accidental death or dismemberment while traveling by land, water or air with an operator who is licensed to transport passengers. If you would rather buy travel insurance for medical benefits of any kind, consider looking at a better plan from this provider.
Official site : https://www.hthtravelinsurance.com/
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