Wednesday, June 13, 2012

Isn't your hard earn money worth protecting?

Isn't your hard earn money worth protecting?  If you answered yes then why not protect your vacation with purchasing travel insurance.  Travel insurance can help guard against substantial losses that result from a variety of situations, including canceled trips, lost baggage, medical emergencies and supplier bankruptcies, as well as other unforeseen circumstances. 

If you have spent a significant amount of money on your summer vacation purchasing travel insurance would be considered a smart investment.

Most travel insurance policies cover the following:    
  • Trip Cancellation: The most important and common type of travel insurance. Generally covers non-refundable payments or deposits if a trip is canceled or interrupted due to unforeseen circumstances.
  • Trip Delay: Provides reimbursement for expenses incurred when a trip is delayed.
  • Accident/Sickness Medical Expenses: Covers costs incurred due to injury or illness that occur while on a trip.
  • Medical Evacuation/Emergency Transportation: Covers transportation when a medical emergency while traveling requires transportation to a hospital or other medical facility.
  • Supplier Default: Covers deposits or payments lost due to the financial default of a travel supplier.
  • Baggage/Personal Effects Loss or Delay: Covers losses due to items lost, damaged or delayed during a trip.

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