Travel insurance provider Travel Insured International has shared tips on how travellers can protect their holiday investments in 2017.
The insurer highlighted that coverage through sources such as personal health insurance, credit cards and cruise/airline/hotel is often quite limited, and detailed the differences between third-party protection providers and other options. These are: health insurance – ordinary health insurance plans may not offer coverage abroad, or they may have very low limits; Medicare – this does not offer medical coverage outside of the US; credit card – these usually have some travel coverage built in, but do not offer many of the benefits of a third-party travel protection plan; and cruise line – these may offer their own protection plans, but these provide minimal coverage and may not help in more serious circumstances. For example, said Travel Insured International, if travellers don’t book a flight with the cruise line, they may not offer coverage for any flight related issues.
According to the insurer, a third-party travel protection plan offers travellers a much wider range of coverage options and benefits, including higher benefit limits, primary and secondary options, and covers against bankruptcy or default in case something unexpectedly happens with the tour operator. The company also said that by purchasing a travel protection plan, travellers have access to 24/7 non-insurance travel assistance services that offers perks including (but not limited to): pre-trip advice on weather, inoculations or visa information; co-ordinated emergency evacuation; help with lost prescriptions; and help to find the closest medical facility that reaches US standards.