Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

What You Should Know About the Two Types of Travel Insurance

By Tracy McManamon Subscribe to RSS | February 29th 2012 | Views:
loading
 
  



Travel insurance is an essential for traveling, whether you are going on a family vacation or a business trip. When starting to look into Travel Insurance you may be a little lost and a little overwhelmed by all the choices. Though it may seem like there is a lot that goes into it, it can be quite simple if it is laid out for you. There are two types of Travel Insurance: Vacation Plans and Travel Medical Plans.

Vacation plans, as you probably know, is a great plan for those going on a vacation. You may also know them as: “Package Plans, Travel Insurance, Trip Cancellation Insurance, or Trip Insurance.” What very few people realize is that “over 95% of travel insurance sales are Vacation Plans”. A Vacation Plan is an incredible way to be covered especially if you run into any unforeseen situations. Vacation Plans cover: “canceled trips, interrupted trips, medical emergencies, emergency evacuation, delayed baggage or trips, lost baggage, and 24/7 assistance,” along with other types of coverage as well.” The second type of insurance is the Travel Medical Plan.

The Travel Medical Plan will cover you when you are on a trip out of your homeland, but will not cover cancellations like the Vacation Plan does. One thing that can be overlooked when traveling is considering if your health insurance plan, which you have in your country, will cover you once you leave your country. In some situations, you might be covered, but this is very rare. Make sure that you check with your health insurance company before purchasing a Travel Medical plan so you do not have two types of insurance that cover the same thing. The travel medical plan will cover two things, which would otherwise be very expensive for you to pay out of pocket. It will cover: “medical expenses, and emergency evacuation”. It is crucial to have this kind of coverage or you will possibly end up paying tens of thousands of dollars to cover your medical expenses in the destination country.

In addition to the vacation plan and the travel medical insurance plan, there are special plans that cover specific situations. You can purchase: Evacuation Plans, Travel Accident Plans, and Rental Car Plans. Evacuation plans are for medical emergencies and cover your transportation to the best hospital facility. Accident plans are primarily for injuries that result in dismemberment or loss of life. Rental car plans cover you for accidents you may have while driving a rental car. The most important thing is that you purchase either a vacation plan or travel medical insurance plan when going on a trip. Any of the three additional plans would be great to look at once you know the type of traveling you will be doing and the situations that you may run into.

Tracy McManamon - About Author:
Tracy McManamon is a consultant at One Source Benefits. He helps clients choose from a slew of travel medical insurance plans from leading travel insurance providers.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/what-you-should-know-about-the-two-types-of-travel-insurance.htm

Related Insurance Articles Subscribe to RSS

Best car insurance in New York City
Published by Warner on April 2nd 2012 | Insurance
Insurance Express is the one stop solution for all Nassau County car insurance related requirements....
 
Get compensation by business interruption insurance for disastrous circumstances
Published by Andrew Edwards on January 2nd 2012 | Insurance
If you are running a business successfully and happy earnings gained on regular basis...
 
Several categories of Group health insurance
Published by Morgan001 on March 27th 2012 | Finance
The Group health insurance makes individual insurance coverage’s accessible on a member of group b...
 
How to find affordable auto insurance for your child
Published by Jerry on March 14th 2012 | Insurance
When you need to get a car for your child, chances are that you may want to make sure that it is as ...
 
Georgia health insurance plan made for everyone
Published by Ricky Martin on July 27th 2012 | Insurance
With all these benefits we can say that Georgia health insurance plan is made for everyone. And as e...
 
Are you looking for the best South African insurance?
Published by Dkfinancialplanning on February 10th 2012 | Insurance
South Africa is a very dangerous place full of crazy people and animals. In the South African area y...
 
My cheap car insurance- your ticket to a perfect insurance policy
Published by Harrisonford on April 12th 2012 | Insurance
Companies offering cheap car insurance policies have become very important. Unemployed people or peo...
 
How to do Car insurance comparison before buying a car insurance coverage
Published by Geenadavis on March 28th 2012 | Insurance
The very first thing after purchasing a new vehicle is to get it covered because it is extremely ess...
 
Professional indemnity insurance- secure your profession
Published by TimHarris on January 4th 2012 | Insurance
Being a professional is not a kid’s play. One has to serve untiringly to please the customers. But...
 
Things to consider when purchasing a wedding insurance plan
Published by Herry Smith on January 24th 2012 | Insurance
The wedding insurance plan covers things like attire, presents, rings and deposits on your different...
 
Vauxhall Corsa Insurance gives you best insurance
Published by Ahmadgill on January 26th 2012 | Insurance
Now a day our company is committed in giving you cheap insurance and cutting rates on Vauxhall Corsa...
 
Business insurance plans for online business
Published by Andrew Edwards on May 10th 2012 | Insurance
While starting new online business consider business insurance as the prime requirement of your comp...
 
Finding the right life insurance online
Published by Chris Luke on March 21st 2012 | Insurance
This article gives detailed explanation for the need of selecting a right life insurance company or ...
 
Vauxhall Corsa Insurance gives you best insurance
Published by Ahmadgill on January 26th 2012 | Insurance
Now a day our company is committed in giving you cheap insurance and cutting rates on Vauxhall Corsa...
 
Tricks to get cheapest car insurance
Published by Harrisonford on March 1st 2012 | Insurance
It would be really stupid of you if you know that car insurance is the most things in your law and e...
 
Why we should acquire Commercial liability insurance
Published by Andrew Edwards on December 12th 2011 | Insurance
Since the competition has reached a significant value, we have to be quite selective when it comes...
 
My cheap car insurance – ways to find car insurance for young drivers
Published by Harrisonford on March 29th 2012 | Insurance
If you are looking for car insurance for your son or daughter, you may be a little anxious how to fi...
 
Complimentary commercial insurance quotes for traders
Published by Andrew Edwards on March 15th 2012 | Insurance
There are basic needs of every trade person which are fulfilled by protective plans...
 
How can your van help you to get the cheap van insurance?
Published by Carleson on December 10th 2011 | Insurance
Your van can help you find the cheap van insurance that you have been looking for. Yes you are readi...
 
Expert in different types of insurance and customized insurance services
Published by Caden on June 14th 2012 | Insurance
Insurance Express is an insurance provider of auto, car, commercial or business insurance etc. Other...