When Travel Insurance Pays Off

September 28, 2023

Are you a traveler who believes that travel insurance is just an unnecessary expense? In the unpredictable world of travel, having the right coverage can mean the difference between a dream vacation and a financial nightmare. Let’s dive into the world of travel insurance and explore when it truly pays off.

Understanding the Basics: Trip Cancellation, Trip Interruption, and Trip Delay

Before we delve into the reasons to purchase travel insurance, it’s essential to understand some of  the different types of coverage available.*

    1. Trip Cancellation: This covers 100% of pre-paid, non-refundable payments if you cancel your trip for a reason listed in the policy.
    2. Trip Interruption: If your trip is interrupted due to a covered reason, this coverage reimburses you for unused, non-refundable parts of your trip and additional expenses incurred.
    3. Trip Delay: This coverage reimburses expenses incurred due to travel delays caused by covered reasons.

*It is important to note that the terms and coverage of every travel insurance policy may vary, so be sure to review your policy carefully.

Why Should I Purchase Travel Insurance?

    1. Peace of Mind: When you have travel insurance, you can relax and enjoy your trip with peace of mind, knowing that you’re protected against unexpected events.
    2. Protect Your Financial Investment: Even if your credit card offers some coverage, it may have limitations and conditions. For comprehensive coverage tailored to your needs, purchasing a specific travel insurance plan is your best bet. 
    3. Medical Emergencies During Your Trip: No one plans for a medical emergency while traveling, but they can happen. Emergency Medical benefits ensure you receive quality care and avoid hefty bills.
    4. Reimbursement for Lost or Stolen Belongings: Whether it’s lost luggage or stolen personal belongings, travel insurance should cover your losses and essential replacement items.
    5. Missed Connection and Canceled Flights: Unexpected flight disruptions can wreak havoc on your itinerary. For example, without travel insurance, if a flight is canceled due to inclement weather, you would be on your own to get to the next port if you miss the ship embarkation. Travel insurance can assist in such scenarios.
    6. Illness or Hospitalization Prior to Your Trip: If you or a family member becomes ill before your departure, travel insurance can save your trip by covering your non-refundable expenses.
    7. Travel Assistance: If something happens to you before or during your trip, your travel insurance agent is there to help support you and walk you through what you need to do. You aren’t left on your own.

How to Buy Travel Insurance

Check out what your alumni association offers by choosing your group here: gonext.com/group-programs. If your alumni association does not offer travel insurance, ask a Go Next agent when you book your cruise about our travel insurance program.

You can also explore travel insurance options through travel insurance company websites, travel insurance comparison sites, and from travel insurance agents. 

Buying travel insurance online is convenient—you can usually get travel insurance quotes instantly by entering your:

    • Age
    • Destination
    • Trip cost
    • Travel dates

Remember that every travel insurance policy is unique, so ensure it covers what matters most to you. Review the fine print and familiarize yourself with what your policy does not cover.

Remember, most travelers who don’t purchase insurance end up regretting it when unforeseen circumstances arise. Invest in travel insurance, and enjoy your journey with confidence. Your peace of mind is worth every penny.

Still have questions? Go Next is here to help. Get in touch.

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