The demand for travel insurance has more than doubled since recent terrorist attacks. But a comprehensive travel insurance policy can add another four to six percent to the cost of your trip, so it pays to do your homework before you buy.
You can purchase many kinds of travel insurance, including:
It's possible that some of the events you want to insure against are already covered by existing insurance. For example:
Many airlines have become more lenient with their cancellation policies, allowing you to change your destination or dates without additional cost. So it's a good idea to check with your airline before paying for unnecessary insurance.
It's also possible that paying for a rental car with your credit card may make you eligible for limited rental car coverage through your rental car company.
Don't expect your travel insurance policy to cover:
In comparing travel insurance policies, you'll want to ask if a particular policy covers:
It's also important to find out whether the plan has deductibles, or only covers medical expenses for certain preferred provider physicians and hospitals.
It's a delicate balance to weigh the cost of protection against the likelihood that a specific problem will strike during your particular trip.
Buying appropriate travel insurance before your holiday starts will hopefully make your vacation less stressful and more enjoyable. Now if you could just do something about the long lines at the airport.
fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud
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