Does Travel Insurance Cover Medical Benefits?

Insurance is used as a way to hedge against the inherent risks of life. If something bad happens, insurance can help stop your family from experiencing financial turmoil. While vacations may seem like a time to forget about your worries, there are some very good reasons to purchase travel insurance. It can prevent a good time from turning into a nightmare.

What Is Travel Insurance?

Travel insurance is purchased to help protect individuals while they are away from home. While traveling is a leisure activity, it does present certain risks. Not insuring against these risks could be dangerous.

For one, a family who is traveling does not have the security available in their own home. When a family is away from where they live, they may also have limited access to financial resources like bank accounts or family members that can lend money. These risks are compounded when traveling to a foreign country. Travel insurance is a way to let a traveling family rest easier knowing that they will be taken care of if certain bad things happen.

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Medical Benefits

One of the main reasons that travel insurance is purchased is for coverage that protects against the possibility of medical emergencies. For example, you may be visiting a foreign nation for the first time. If your spouse becomes ill and has to visit a doctor, it is highly unlikely that it will be covered by your regular health insurance coverage.

However, if the travel insurance purchased for the trip covers medical emergencies, the expenses will be reimbursed to the policy holder. If someone in your family has certain chronic illnesses or medical needs, having such coverage is a necessity. Contracting an illness in another country is also a risk due to the fact that your immune system may have not been previously exposed to local cotangents.

Trip Cancellations

Sometimes plans have to be changed at the last minute. For example, you may have purchased a vacation package that included a stay at an island resort, meals, horseback riding and more. However, on the first day of this several day trip, you learn that your aunt passed away. You may choose to fly back home to attend the funeral. Unfortunately, the company that sold you the vacation package may refuse to refund your money.

Thankfully, you can purchase travel insurance coverage for this very circumstance. If any of your investment in your vacation goes to waste due to unforeseen circumstances that cause you to cancel your trip, you can be reimbursed for the full amount.

Travel Interruptions

Travel insurance can also come into play if your trip is interrupted. The weather, for example, often causes airport delays. If a person’s vacation is on a schedule, this can cause serious problems. It may cause the traveler to miss a cruise boat launch.

Travel insurance can help refund the cost of having to reschedule the trip or catch up with the boat at another dock. It can also pay for additional costs that are incurred due to having to work around a trip interruption such as additional hotel stays.

Lost Items

Losing things while on vacation is another common problem. While you would hope that an airline would take care of your luggage, they may end up somehow losing it. Travel insurance coverage can pay for new clothes and other items to replace what you lost.

Another example is accidentally losing your passport. Obtaining a new one can be difficult and expensive especially in a country where you don’t speak the language. However, the travel insurance company can help streamline the process of getting a new passport for you and pay for any associated fees.

Vacations are a time to relax and let loose. Unfortunately, bad things can and do happen even when you’re trying hard to have a good time. One way to protect against this is by purchasing travel insurance.

Author Bio:

Sam Petterson is a freelance writer out of the University of Toronto. He is currently working in affiliation with My Insurance Broker on creating a knowledge base pertaining to the diverse world of insurance. The intricacies of Home, Auto and Business Insurances’ are a few of the various products Sam delves into at For Contact 905-695-2080