If you’re planning a trip and searching for travel insurance online, it can be a bit confusing. There are a lot of different types of products labeled as “travel insurance,” yet they offer very different coverages and are suitable to different types of travelers.
Let’s break down the basic types of travel insurance, learn who they’re for, and what the best travel insurance for you might be.
The Main Types of Travel Insurance
Travel Insurance (AKA Trip Cancellation Insurance)
For the most part, the term “travel insurance” refers to trip cancellation insurance. This is the type of insurance you buy as soon as you book your tickets. It provides trip cancellation protection in case you’re forced to cancel your trip for a covered reason, such as getting sick or hurt and being unable to go on a trip you’ve already paid to book.
In addition, travel insurance can provide coverage for travel delays, trip interruption, lost or delayed baggage, and emergency medical care, as well as other ancillary benefits that vary depending on which travel insurance plan you choose.
Only US residents can purchase this type of travel insurance, and it’s available for either domestic or international trips, typically up to around 30 days in length, though some plans can insure you for up to 90 days and beyond.
Other Types of Travel Insurance
Although we’ve covered the basic types of coverage referred to as travel insurance, there are a few other coverages that may be suitable for you as well:
Flight Insurance – Low-cost travel insurance that is primarily purchased to provide financial compensation in the event of a commercial air travel accident
Missionary Travel Insurance – Suitable for religious leaders or members of religious groups traveling abroad as part of their mission work.
Hazardous Sports Travel Insurance – Plans that are specifically designed for travelers who will be taking part in extreme sports that aren’t covered by standard travel insurance plans.
Have Questions? Let Us Know!
If you’re still a little unclear about what type of coverage suits your trip the best, our licensed agents are happy to help. Contact us by phone, email, or chat and we’d be happy to walk you through a range of travel insurance options that will provide the coverage you need.