31 Juli 2007

Travel Insurance Tips

Discovering new places can be the key to self-discovery. But before you commence your quest, you’ve got to make sure you’re covered.

Travel insurance can protect you from substantial losses that result from canceled trips, lost baggage, medical emergencies, and other unforeseeable circumstances.
But choosing a travel insurance package can be tough. Check out the World Travel Center Policy Picker to get quotes, compare, buy, and save on hundreds of travel insurance packages offered by leading providers across the U.S., and heed the following hints:



1. Read the fine print – The devil is in the details, as they say. The fine print of insurance policies makes generalizations about travel insurance absolutely impossible. So read all the details – every last one – before you buy.

2. Timing is everything – Some travel insurance plans require that you purchase the insurance within 7-14 days of paying the initial trip deposit; others require that you purchase the insurance before you leave home; still others allow you to buy online even after you have departed.

3. Determine the deductible – The deductible is the amount that the insured must pay before the travel insurance provider starts paying. Check it out. It may be an annual amount, an amount that gets spread out over the duration of the policy, or an amount for each incident.
Source: http://soundmoneytips.com

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