Travel Insurance

Travel insurance is something you will need on the road. You never know what could happen and most regular insurance plans won’t cover you overseas. Check your health care provider to see if you are covered when you travel overseas. If you are not, you should get travel insurance. Moreover, travel insurance also covers the stuff you take on the road, any accidents that might occur, or cancellations that might arise.

Good travel insurance includes the following:

• Covers most countries in the world.
• Make sure they cover electronics.
• Cover injury and sudden illnesses within the country and abroad.
• Twenty-four hour emergency services and assistance.
• Cover lost, damaged or stolen possessions like jewelery, baggage, documents, etc
• Cover cancellations such as the trip, hotel bookings, flight, and other transportation bookings.
• Cover emergencies, strife in the country visited, etc that cause you to head home early.
• Cover hazardous activities such as jet skiing, scuba diving, sky diving, paragliding, etc.
• Policies should include personal accident coverage.
• Cover any legal expenses if incurred.
• Financial protection if any company you are using goes bankrupt and you are stuck in another country.

If you make a claim, remember travel insurance companies, no matter how good, are there to make money and will try to avoid paying out as much as they can. Make sure you have all your receipts and necessary forms. Be prepared to wait awhile to receive your money too. Even the best companies drag their feet.

You should also be aware of what is not covered and exclusions. Travel insurance policies do not normally cover alcohol or drug related incidents, or carelessness in handling your possessions and baggage. You won’t get reimbursed if the problem happened because your were reckless.

One of the best travel insurance companies is World Nomads. They are very reputable and claims are quickly and fairly processed.  Moreover, you can also purchase insurance even after you have already left. Additionally,  you can get a new policy on the Internet without having to be in your country of residence. We always use them but feel free to use whatever insurance company you see fit as long as they cover all of the above.