We like to think of insurance as an essential element of travel, providing peace of mind while traveling and protecting your investment. There are many reasons to cancel a planned trip, such as vacation retracted from employer, home becomes inhabitable, jury duty but the top reason travelers cancel is due to medical reasons. The travel insurance medical benefit is not just for you as the traveler, but also for any of your immediate family members who are not traveling with you should they become ill or have an injury that prevents you from traveling.
Travel insurance is purchased per person to cover the cost of your trip. Travel insurance policies can provide trip cancellation or interruption benefits that include sickness injury or death, inclement weather/natural disasters, financial default by travel suppliers, labor strikes and inability to travel for work related reasons.
Some of the plan highlights can include:
Primary coverage, no deductible
Pre-existing medical condition exclusion waiver if purchase within 15 to 21 days of initial deposit (coverage applies to travelers and non-traveling family members)
3 hour missed connection benefit
5 hour trip delay benefit
12 hour baggage delay benefit
Kids 17 or under included at no additional cost
To be eligible for Trip Cancellation/Interruption coverage one of the following must occur while your coverage is in effect:
a) You or your Traveling Companion would need to be diagnosed by a physician as unfit for travel (which could include contracting Covid-19, and as a result being physically quarantined).
b)Your non-traveling Family Member has a Covid-19 diagnosis that is considered life-threatening or they require your immediate care. This must be certified by a physician.
c) Your Business Partner is diagnosed with Covid-19 and you must cancel or interrupt your trip to assume daily management of the business. This must be certified by a physician.
Covid-19 is being treated the same as any other illness and is subject to pre-existing medical condition exclusions. However, insured travelers who contract the virus while traveling are eligible for Trip Interruption and Emergency Medical/Evacuation coverage.
Coverage is available if the insured is quarantined in either a hospital, hotel or vacation rental (i.e. Airbnb) while on a trip. A doctor would have to order the quarantine and this order would have to be submitted at the time of a claim. In this instance, an insured is eligible for Trip Interruption, or Trip Delay (including if they are quarantined). As described in answer #1 there may be coverage for Trip Cancellation.
No. If your trip or flight to or from your destination is cancelled due to Covid-19 there would be no coverage under the Trip Cancellation/Trip Interruption terms of your Travelex plan. We encourage you to contact your travel supplier to seek a refund or make alternate arrangements.
No. If an insured is unable to travel to their destination due to a government travel warning restrictions or ban, they would not be eligible for Trip Cancellation/Interruption coverage; however, the policy can be applied to another future trip.
Cancel for Business Reasons can provide coverage if you are required to work during your scheduled trip, if you are involuntarily terminated through no fault of your own, and other reasons.
If a business imposes a restriction of business travel due to the Covid-19, an insured is not eligible for Trip Cancellation/Interruption coverage under the terms of the Cancel for Business Reason.
An insured would only be eligible for Trip Cancellation/Interruption coverage if they become ill while the policy is in place and the sickness is so disabling as to prevent them from taking or continuing the trip. Fear of contracting the Covid-19 even with a certified physician notice, is not an eligible reason under the terms of the Trip Cancellation/Interruption coverage
Cancellation coverage $10K per person
No Trip Interruption
Travel Delay (6 hours – weather only)
Baggage Delay - $500 ($100 a day for 5 days
Lost Baggage - $3K
Medical $2500 with a $50 deductible (states life threatening)
No preexisting coverage
Car Collison $75K
Cancellation $10K per trip
No Trip Interruption
Travel Delay (12 hours – weather only)
NO medical – this has been removed
Cancellation $5K per trip
No Trip Interruption
Travel Delay - $500 weather no mechanical ($100 a day for 5 days)
Evacuation and transport, you can be eligible