I and welcome back to the channel if you’re new here my name is Megan and I create videos with actionable tips and hacks to help you make the most of your next trip when it comes to travel insurance. Yes, it’s all a little bit different, but there are typically four main types that you should be looking for. I’Ll briefly breakdown each category into simple human terms, so you can get an idea of what’s covered and what you should be looking for. So you can get as much coverage as you need, without paying any more than you need to all. Companies are different in what they will cover and how much they will cover this video is a generalization of what may be included in each category and potential exclusions.
You should be on the lookout for I’m hoping. My stories will be a way to convince you to get travel insurance without having to lecture you on the fact that you should get travel insurance, which you really should at least medical. Please get medical, which is the first one will cover emergency medical coverage, can reimburse you for the cost associated with medical treatment for an illness or injury. While you are outside of your home country, this could include coverage for the medication. You need treatment, you have to get the hospital stay and even the ambulance, that’s going to get you to that hospital.
I was hiking in the Rocky Mountains with a friend from Australia. He had travel insurance, thank God, but we were up there. Ten hours into the hike he ended up in a rock slide, broke his leg and had to be airlifted by a helicopter off the mountain at helicopter. Ride alone would have been thousands of dollars, but he, thankfully, did not have to pay for you’ll, want to read your policy very carefully, because there were a lot of exceptions as to what’s going to be covered in circumstances where things won’t be covered. It’S often not covered if something happens and you’ve been taking recreational drugs or alcohol.
So if you drank too much and you’ve alcohol poisoning, you might not be covered. Another exclusion is any pre-existing condition that is not stable or under control. A pre-existing condition is an injury, illness, disease or other medical condition that occurs prior to travel, for which you’ve had symptoms and sought a diagnosis, medical treatment and ER a new prescription or there’s been a change in your prescription. She here is that it’s something known. So if you book a physical one week before your trip and then your doctor diagnosed, will see you with high blood pressure and you have a complication with this high blood pressure, while you’re on your trip, you may not be covered.
However, if you went on that trip didn’t have the physical before didn’t know, you had high blood pressure and had a complication with it. You probably would be covered if you’re not having any health concerns. You may not want to go for your checkup right before your trip, so that’s the risk. You have to weigh the pros and cons on and make the decision for yourself. Obviously any non-emergency medical events.
If you go to the doctor for a check-up, while you’re abroad not going to be covered, also, every policy is a little bit different as to what activities are and aren’t covered, definitely check this out, because you may be surprised, what’s considered an adventure activity like snorkelling And then you’re not covered for any injuries associated with that activity. Another one that’s often not covered is, if you’re doing something that’s considered reckless or if you’re, putting yourself in some sort of unnecessary risk. I swear when traveling across Asia. Every other person I meet has been in some sort of motorbike accident or complications. So, even if the law says you don’t need to wear a helmet or you don’t need a license and you don’t wear a helmet and don’t have a license and drive that could be considered and should be reckless behavior by your insurance company.
And you probably won’t be covered for it not being covered for unexpected medical expenses abroad, especially depending on what country you’re traveling in can literally bankrupt. You so definitely read the policy and consider getting emergency medical if you’re going to get any type of travel. Insurance also know that it doesn’t have to be expensive. I use safety wing and it cost me less than a dollar. Fifty a day, Chadd saved me hundreds of dollars in 2019, I’m thrilled to be partnering with them on this video to be able to share those service with you, while I’ve personally never had to make a claim, they have great reviews for their claims process and the Policy is administered by Tokyo marine, which is one of the largest insurance companies in the world.
Safety wing is the most flexible travel insurance. I’Ve come across for long-term travellers because they have all of these benefits that most insurance companies don’t offer. You can buy safety wing once you’ve already started your trip and then you can stop it. Whenever you decide to finish your trip. This means you don’t have to pay four months worth of insurance up front.
There’S no cap on the duration of travel and they cover almost every country you could possibly be traveling to safety wing is completely in line with my mantra of getting as much coverage as you need, without paying any more than you need to. They exclude things that the average traveler doesn’t need, like cancer treatments or high-risk sports, to keep the price low without sacrificing their service or quality. You still get 24/7 emergency support and if you have any questions, they have this awesome chat system on their website yeah. They know me, I literally use this every time before a trip to just clarify a few things. Even if I’m just taking a short trip, safe doing is still my go-to.
I spent nine days in Mexico and my total cost was under twelve dollars. That is so worth it for the peace of mind and just one little incident it’s paying for itself. It’S also great, if you’re going away on vacation with your family, because you get one kid under ten free with every covered adult up to two kids safety wing is who I trust and will continue to use in 2020, but a great tool to help you compare The best plan for your travels would be ensure my trip safety wing isn’t on this directory, but it was the tool that I used to compare safety wing to the dozens of other plans out there. Before I made my decision next, we have category number two, which is emergency, evacuation and repatriation. I will keep this one short and breeze through the rest of these category, because they’re not quite as complicated as the emergency medical insurance is well, they kind of are.
But I also know you don’t have all day, so I will make it happen. Emergency, evacuation and repatriation usually covers emergency medical, evacuations, international security evacuations. So if there was a terror attack or a natural disaster, and then repatriation of your remains back to your home country, what that means is that the insurance company will cover the expenses, any arrangements necessary to get covered body of the insured person back home to their Family, not something you want to think about, but also important, and when it comes to emergency evacuation check. Your policy to see where you are evacuated to some policies will evacuate you back to your home country, so that’s paying for a pretty big flight, while others are going to evacuate you to the nearest place of safety. That’S a big difference.
You also may not be covered for emergency evacuation if there’s an ongoing or known event in the country that you’re traveling to an example of this would be this ongoing volcano that is erupting not erupting. I don’t even know what’s going on with it now in Bali, yeah people are still traveling there. It may be considered a known event that there is a volcano and it is not safe to go there and therefore your coverage, if you needed a flight out of the country, an emergency situation would not be covered. What I recommend you do is to think about where you’re going, if you have any questions at all, send in a very detailed email, your exact travel situation, the policy you’re getting and ask point-blank if you will be covered or not this way, you have it in Writing and you will have the peace of mind and you will know they should get back to you quickly and if they don’t then pick a different travel insurance, because this is something that you need to know. Category number three is trip cancellation and trip interruption.
These two are usually packaged together and give you financial protection on the prepaid and non-refundable expenses of your trip. Trip cancellation is going to refund you of the non-refundable expenses. If you don’t go on your trip at all, while trip interruption is going to pay you for any unused portions of your trip that you’ve prepaid for and don’t complete trip cancellation can refund your trip expenses. If cancel the trip before leaving for a reason covered by your policy, some policies are limited to reasons that you are allowed to cancel like if there’s a terrorist attack in the destination, severe weather or a death of a family member or even, if you’re too sick. To travel but there’s also another type of upgrade, you can usually get which is canceled for any reason, insurance, which is exactly as it sounds.
You can literally cancel for any reason. So if you’re fighting with your travel partner – and you no longer want to go on the trip you can cancel if you ended up not getting the ways you were expected for your Christmas bonus and you can’t afford the trip you can cancel. This is an upgrade and it’s going to cost you more but may be worth it. Based on your specific situation. Trip interruption begins the day you leave for your trip and reimburse you for any unused trip expenses.
They also will cover the cost of any additional transportation incurred. If you need to return home early, both trip cancellation and trip interruption become more important if you have prepaid for a lot of the different expenses on your trip. However, if you are flying to Asia and just backpacking around and winging it without all these prepaid accommodations, it may not be worth it moving on to category number four, which is theft or loss of your personal belongings. This refers to coverage if your possessions are lost, stolen or damaged during your trip. This category can include baggage, insurance, electronics and gear coverage.
Travel documents like your passport or your driver’s license, and sometimes even money baggage insurance covers travelers. In two instances it will either reimburse you for any clothes, medication or other essential items if your baggage is delayed in arriving to the destination. So if you arrive at an airport and your bags, don’t anything that you need, while you were waiting for your bags, can be reimbursed by the company baggage. Insurance is also going to cover you up to a specific amount to reimburse you for any items. If your baggage is lost, so if it’s not just delayed, but you literally never get it back, you’ll receive a certain amount of money to replace those items that were lost in the bag.
In addition to delayed or loss of baggage, you can often find policies that are going to reimburse you for any damage loss, theft of your personal items, gear, electronics, sometimes even money – not usually. This is one of the toughest travel insurance categories that you can claim for. It because there are a lot of exclusions like leaving your gear behind, not keeping an eye on your things, and then they get stolen, leaving your gear in an unlocked car or if you don’t get a report from an authority, every travel policy. I’Ve seen requires a report from an authority of some sort, so this could be a police report or it could be a report from the bus Authority if you were riding on that bus, while your camera was stolen. You also need to prove that the item was yours and what it was actually valued at, which is going to deteriorate from what you bought it at based on the wear and aged weather.
You incurred a loss to your gear or to your baggage. You also have to keep in mind that there are often going to be limits per item. So if the per item limit it’s $ 500 and then the maximum full baggage limit is $ 2,000 and you had a $ 2,000 laptop inside of your luggage and your luggage was lost. You’Re not going to receive $ 2,000 back. The most you’ll receive due to the per item limit is going to be $ 500 based on the limits put on by policies and then a difficulty in actually claiming and proving the value of the item.
It may not be worth insuring your gear. I had a friend that was traveling with a Kindle e-reader. He left it in his hostel. It was stolen. He went through this entire process, got the report from the police officer only to be reimbursed $ 15.
For that Kindle e-reader so think about the gear, what you have think about what it’s worth and see if it’s going to be worth insuring for you by this point in the video, you should have a good idea of generally what you should be looking for. In a policy that you’re considering I’m hoping it will help you decide, so you can get all the coverage you need without paying any more than you need to. You may want to check out some of the videos right here because they will definitely also help you prepare for your trip and then hit my face to subscribe down here, because I would love to see you back on the channel again next week. Until then, all the best and happy travels