Travel insurance

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Travel insurance vending machines in Japan

Travel insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one's own country.

Travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a "multi-trip" policy can cover an unlimited number of trips within a set time frame. Some policies offer lower and higher medical-expense options; the higher ones are chiefly for countries that have extremely high medical costs, such as the USA.

Coverage types[edit]

The most common risks that are covered by travel insurance plans are:

  • Medical emergency
  • Cancellation, curtailment and trip interruption
This section covers any unused travel and or accommodation costs, pre-paid charges (including any additional travel expenses incurred, provided they are deemed reasonable and necessary) if a trip is canceled or cut short under a variety of circumstances, which may include any of the following, depending on the policy:
  • death, bodily injury, illness, disease, or pregnancy complications
  • compulsory quarantine
  • jury service
  • being called as a witness
  • termination of employment (provided you did not know about it before you booked the holiday)
  • being called up if you are a member of the armed forces or other public defense or safety organization
  • prohibition of travel by the government to the intended destination
  • officially recommended evacuation from the intended destination
  • official advisory against going to or remaining at the intended destination
  • Repatriation of remains
  • Return of a minor
  • Trip cancellation
  • Trip interruption
  • Visitor health insurance
  • Accidental death, injury or disablement benefit
  • Overseas funeral expenses
  • Lost, stolen or damaged baggage, personal effects or travel documents
  • Delayed baggage (and emergency replacement of essential items)
  • Flight connection was missed due to airline schedule
  • Travel delays due to weather
  • Hijacking

Medical expense coverage can be per-occurrence or maximum-limit.

Optional coverage[edit]

Some travel policies will also provide cover for additional costs, although these vary widely between providers.

In addition, often separate insurance can be purchased for specific costs such as:

Common exclusions[edit]

  • Pre-existing medical conditions
  • Elective surgery or treatment
  • War or terrorism - but some plans may cover this risk, and some do cover for acts of terrorism
  • Injury or illness caused by alcohol or drug use

Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.

External links[edit]