Sunday, January 13, 2008

Travel Insurance: The Basics

Here's a report:

In its most basic form, travel insurance provides trip cancellation protection that reimburses you for penalties imposed by cruise lines, tour operators, airlines and hotels, if you must cancel your trip. Illness, injury and the death of a family member or traveling companion are among the most common reasons for canceling a vacation. Cancellation benefits also can be triggered for a variety of other reasons including strikes, natural disasters or bad weather occurring before your trip begins.

Something else travel insurance does is provide protection if your trip is interrupted after it begins. Trip interruption would have kicked in if Tommy's appendicitis first occurred during the family cruise. In addition to providing reimbursement for lost deposits and prepaid expenses, benefits usually include the cost of one-way economy airfare to return home.

If your trip is only temporarily delayed, in most cases at least six hours, a good travel insurance policy includes benefits for hotel and meal costs incurred during the delay and additional costs you incur to catch up to your cruise or tour.

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