Buying Travel Insurance
Travel insurance protects against financial losses caused by travel emergencies. It can pay for problems caused by interruptions and health emergencies. Coverage can reimburse travelers for non-refundable trips, pay hotel expenses caused by flight interruptions, and help with increased transportation costs caused by airline bankruptcy. Below are tips for purchasing travel insurance and resources with more information. Tips Alternatives – contact your credit card issuer to determine coverage for lost luggage and canceled trips. Bankruptcy – request a credit card refund within 60 days of purchase of airfare and tours. Cancellation – most policies limit coverage to unforeseen events and exclude “cancel for any reason.” Claims – determine requirements and timing for filing claims, appeal denials with insurer and regulators. Limitations – check policy for dollar limitations, excluded items, and persons covered. Providers – check the insurer’s list of covered providers before buy...