Travel Tips
Travel Tip: When Traditional Travel Insurance is Not Enough
It’s one thing to protect your travel investment with a basic trip-cancellation insurance policy.
But with so many other “what-ifs” in the travel process, you may need more than traditional protection. Here’s what to do when traditional travel insurance is not enough.
Berkshire Hathaway has a policy called AirCare, which costs $25 per trip.
If things go wrong, they’ll compensate you, directly into your bank account: $1,000 if your plane is stuck on the tarmac for more than two hours; $500 if a flight delay makes you miss a connection; $1,000 for lost or stolen luggage.
While some travel insurance policies include medical coverage, there’s a type of protection almost no one thinks of: repatriation back to the U.S. if you’re sick or injured abroad.
MedJet Assist has a per-trip or annual plan that gets you out of a local facility and into the hospital of your choice, even if it means providing medical air transport.
You’ll definitely want to look into specialized coverage if you have a preexisting medical condition, or if you’re planning any adventure activities that may not be covered under a traditional plan.
For more information about travel insurance, check out:
- How Much Travel Mishaps Could Actually Cost You
- Your Checklist for International Travel
- How to Buy Third Party Travel Insurance
Keep reading for more travel tips.