What is Travel Insurance?

Major Types of Travel Insurance

Trip cancellation: Reimburses you for pre-paid travel expenses if you aren’t able to take your trip because you or a family member becomes ill or dies.

Travel delay: Reimburses you for pre-paid expenses if you aren’t able to take your trip because of a travel delay, such as a flight delay or cancellation.

Trip interruption: Reimburses you for pre-paid expenses if your trip is cut short because you or a family member become ill or die or because of any other misfortune listed in the policy. Covered reasons might include bad weather, airline strikes, terrorism, bankruptcy, jury duty, or damage to your home.

Emergency medical expense: Reimburses you for medical and emergency dental expenses that you have because of an illness or injury while you’re traveling.

Medical evacuation: Provides emergency transportation to take you either to a hospital near your area of travel or for transportation back to a hospital near your home.

Accidental death: This coverage is usually split into three parts: 

Air flight accident: Covers death or dismemberment during flight only.

Common carrier: Covers death or dismemberment while traveling on public transportation such as a plane, ferry, train, bus, or taxi.

Accidental death: Covers death or dismemberment at any time during a trip.

The Basics about Travel Insurance