Why you should consider getting comprehensive travel insurance

If you consider yourself a planner, you understand how valuable it is to prepare for an upcoming trip — especially if it’s an expensive one. You’ll want to find all the details, from airfare to hotel stays to travel and beyond.

For some travelers, this also includes preparing for the unexpected: trip delays and interruptions, any potential accidents, lost luggage, or more. To save headaches and avoid any major financial loss, you can consider Getting travel insurance (Not to be confused with Airline travel insurance)

when you Buy travel insurance, you are insured up to 100% of your trip cost, depending on the plan you get. For those interested in a variety of benefits, comprehensive travel insurance may be your best bet. Enter your trip and traveler information here to see dozens of travel insurance options that fit your needs.

What is comprehensive travel insurance?

Travel insurance probably can Save yourself thousands of dollars If an unexpected problem or event arises – such as a canceled booking or a medical emergency requiring a hospital stay, for example.

If you are looking for comprehensive insurance coverage, you should buy a comprehensive plan. These types of plans offer similar benefits Cancel the trip and delay coverage, emergency medical and medical evacuation coverage, lost baggage and more. Here is one Complete list It explains some of the wide-ranging benefits that can come with a comprehensive plan.

“Each comprehensive travel insurance policy comes with 24-hour assistance, which can assist travelers with medical and legal assistance, emergency cash transfers, emergency translation and pre-trip assistance,” Travel Insurance Marketplace adds Squaremouth.

To get started, add some details about your upcoming trip to Squaremouth’s free tool.

Why should you get comprehensive travel insurance?

Emergency medical and medical evacuation coverage, especially on International travelOne of the most important reasons travelers buy travel insurance.

“The medical benefits of travel insurance are probably the most valuable because of the high financial losses associated with medical claims while traveling,” says Squiremouth.

Before you travel abroad, make sure you closely review your current health insurance coverage to see if you are covered in that destination.

“If you need medical care in another country, you have to pay out of pocket for any services. Even if a country nationalizes health care, it cannot cover people who are not citizens.” The Centers for Disease Control and Prevention (CDC) has warned.

The CDC adds that this is especially important if you have existing health problems, are traveling for long periods of time or plan to participate in sports or other activities.

“It’s something to think about. Depending on how good your current health insurance is, it could help you,” InsuranceQuotes.com analyst Michael Giusti, previously told CBS MoneyWatch.

“I can’t think of a trip abroad that I wouldn’t recommend [travel insurance] Because the chances of something going wrong are high,” added Giusti.

If you’re getting ready to travel internationally, you might want to start shopping around for the best travel insurance plan.

Squaremouth recommends getting comprehensive travel insurance that includes $50,000 for emergency medical coverage and $100,000 for medical evacuation coverage.

But medical coverage isn’t the main reason travelers buy insurance, Squaremouth said.

“Trip cancellation coverage is the primary reason most travelers buy travel insurance. This benefit can refund 100% of your prepaid and non-refundable trip costs if you have to cancel your trip for any reason covered by your policy,” the marketplace site says.

How much does travel insurance cost?

In general, the cost of travel insurance should not exceed 10% of your total trip. The The US Travel Insurance Association (USTIA) says This should fall between 4% and 8% of your trip cost.

To save money, it is important that you Narrow down the benefits you actually need And stay within your budget.

“It’s a common misconception that a more expensive travel insurance policy will provide better or more reliable coverage. However, the rating and reputation of a travel insurance policy does not depend on the policy’s premium,” explains Squaremouth, adding that it is “always recommended will” the least expensive policy that matches your coverage needs.”