InsureMyTrip offers travel insurance advice as travel costs rise

“Travelers pay more for their vacation, which means they have more to lose if they have to cancel or cut short a trip,” says InsureMyTrip Product Manager Meghan Walch. “A travel insurance policy can help protect that financial investment – ​​for both domestic and international travel.”

Walch answers top questions about how travelers can increase their travel insurance coverage:

Q: How can travelers maximize their benefits?

Walk : Buy early. It’s important to purchase travel insurance early to take advantage of urgent travel insurance benefits, such as Cancel For Any Reason (CFAR) or financial default. One of the eligibility requirements for a pre-existing medical condition exclusion waiver is also to buy early.

Travelers become ineligible for these time-limited benefits in as little as 10 days (approximately 1.5 weeks) after posting a travel deposit.

Travelers should also buy early to increase potential coverage for unforeseen events. Once an event is deemed known, such as a bad storm, travel insurance will not cover losses related to the event.

Note: Traditional travel insurance does not provide cancellation coverage for fear of travel, whether related to COVID-19 or international disputes, cancellation for any reason is required.

PLUS: Average cost of travel insurance

Q: Why is it important to provide an accurate travel cost when requesting a travel insurance quote?

Walk : You want to provide an accurate trip cost, so that in the event of a covered cancellation or interruption claim, you have paid correctly and can be reimbursed the appropriate amount.

Additionally, some coverages, such as cancellation for any reason, will require you to insure the full cost of your trip, prepaid and non-refundable, to qualify for this benefit.

LEARN MORE: Calculation of the cost of the trip

Journalists can request an interview or quote from travel insurance expert Meghan Walch by contacting [email protected].

Media Contact:
Meghan Kayata
[email protected]

On InsureMyTrip

It’s simple. InsureMyTrip finds you the right travel insurance plan, every time. InsureMyTrip is the authority on travel insurance. We are committed to empowering travelers to make the best possible insurance decisions by leveraging our technology, data intelligence and expertise. InsureMyTrip is rated A+ by the Better Business Bureau.

SOURCEInsureMyTrip

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