Worldwide Trip Protector closes coverage gaps left open by cheap travel insurance
Also visit: What do I need for Coverage? and How much does Coverage cost?
Travelers looking for cheap travel insurance should be aware that all travel insurance policies are not created equal.
Cheap travel insurance, for example, can be purchased directly from a travel supplier or as a card holder benefit included with a credit card. The benefits of such insurance, however, will be limited in comparison to purchasing travel insurance from a third-party insurance specialist such as Travel Insured International.
Some comparison of coverage benefits offered by cheap travel insurance providers compared to Travel Insured’s Worldwide Trip Protector offers examples of why cheap travel insurance can ultimately prove woefully expensive to the unprotected traveler thanks to its many gaps in coverage.
Cheap Insurance vs. Worldwide Trip Protector
1) What About Default & Bankruptcy?
Cheap travel insurance plans purchased directly from travel suppliers operating the insured trip, including tour operators and cruise lines, will normally not include coverage for bankruptcy and default of that supplier.
Travel Insured’s Worldwide Trip Protector plans — including Trip Protector, Gold or Lite Expanded — when purchased from a travel-selling partner of Travel Insured or from Travel Insured itself, can include full Trip Cancellation / Trip Interruption coverage in the event of a default or bankruptcy.
Remember, however, to buy Worldwide Trip Protector as soon as possible, preferably with trip deposit, because the effective date of the plan must be more than 14 days prior to the date of the bankruptcy filing or default of the supplier for this coverage to apply.
2) Cancel for Any Reason Benefits — Not the Same?
Cheap travel insurance plans purchased directly from travel suppliers often include Cancel for Any Reason coverage that has limiting strings attached. Normally benefits are paid in the form of a travel credit for a portion of the original trip cost for future travel with the same travel company, or the same trip, and may include a redemption time limit — normally one year — within which the credit must be used or lost.
3) Missing Features & Options?
New features in Worldwide Trip Protector plans go well beyond the limitations of cheap travel insurance either purchased directly from a travel supplier or as a benefit with the purchase of a credit card. Worldwide Trip Protector plan coverage features and options include Kids are Free, Cancel for Work Reasons, Cancel for Any Reason, Missed Port of Call, Sports Coverage, higher Emergency Accident & Sickness protection and Medical Evacuation, with options for increased financial limits, Terrorism Coverage and several other features will not be found in cheap travel insurance plans.
Do the comparison of benefits shopping and do the math. All travel insurance is not created equal. Worldwide Trip Protector is the quality coverage that closes the benefit gaps of cheap insurance plans. Don’t fall through a coverage hole by being foolishly thrifty.
Travel Insured’s Worldwide Assistance Services are provided with every plan and are accessible by free phone call 24/7 from anywhere you travel worldwide.