With the current global pandemic looming over us, it’s important to understand just how travel insurance works in today’s world. Our friends at ‘Consumers Advocate’ have written a great article on the subject which we thought we would share.
The team at Consumers Advocate committed hundreds of hours researching what policies have which sort of coverage and how they may affect your next trip. The result is a guide on the best travel insurance featuring a side by side comparison of 4 different companies voted “best for” in various categories and a handful of other great providers. The insurances were assessed on their coverage, benefits, financial strength, as well as price and reputation. Follow the highlighted link above for more details.
Whether you choose travel insurance for your international or domestic trip, make sure you understand exactly what’s covered. There are different categories for the basic coverage, as well as limitations for coverage such as alcohol use and extreme sports. One additional coverage that has been highlighted with the current global pandemic is the Cancel For Any Reason (CFAR) add-on; it’s considered the “Cadillac of cancellation coverage” and as the name suggests, acts as one of the few add on’s that will allow you to cancel for any reason.
When selecting both your travel insurance and your potential add-on’s, it’s important to make sure you fully understand the fine print before booking your next trip. Seriously consider what additional options you may need, if any. Also, note that your credit card and any health insurance plan you have may also provide some level of travel insurance. That said, it’s really important to fully understand the specifics of any travel insurance plan – The devil is in the details!
So, when you’re planning your next big Caribbean adventure, consider reducing some of your potential concerns of the unknown by acquiring the appropriate travel insurance. Planning and enjoying your vacation, should be stress-free experience.
