Travel Insurance

Travel for pleasure or for business can expose you to entirely new experiences which can greatly impact your life in positive ways. Being immersed in different landscapes and cultures can help you grow as a person and lead to amazing stories. Travel is an important part of your life experience and whether it be travel within your own country or international travel, it is something that you must experience to fully enjoy its benefits. However; traveling presents its own set of risks which, if not properly addressed, can create burdens for you.

Travel insurance is a great way to directly address travel risks. Travel insurance will indemnify you for the covered losses that may arise from your trip. Some of the losses for which travel insurance will indemnify you for include: (1) trip cancellation and interruption, (2) emergency medical expenses, and (3) lost and delayed baggage.

Trip Cancellations and Interruption

The non-refundable travel expenses you incur for your trip can be insured and recovered from your travel insurer should unforeseen circumstances not allow you to travel. The types of unforeseen circumstances covered by the standard trip cancellation policy include sickness, injury or death, employment termination, weather, strikes, terrorism, etc.

Coverage can be extended to include cancellations arising from work reasons such as company mergers, requirement to work during a scheduled trip and employee transfer/relocation. The policy may also be extended to cover cancellations for any reason. The policy must be read carefully to determine the terms and conditions applicable to the respective coverage extensions.

For trip interruptions and delays your travel insurer will reimburse you for the additional expenses incurred during the delay according to the terms and conditions of the policy.

Travel Emergency Medical Expenses

It is likely that your health insurance policy will not travel with you to your destination, especially when traveling abroad. Travel insurance protects you against said gap in coverage.

Accidents can happen when you travel abroad. You may set out to perform activities which by their very nature are accident-prone. Activities such as touring a city or walking nature trails can present opportunities for injury. Extreme activities such as skiing, zip-lining, rock climbing, and diving can result in severe injury. Travel insurance must be purchased for protection against loss due to bodily injury.

Lost and Delayed Baggage

Provides coverage for loss, theft and damage to baggage and personal effect during your trip. It also provides reimbursement for personal items purchased after your baggage is delayed for the time limit specified in the policy.

In addition to the above, some additional coverages that may be provided by your travel insurance policy include: rental car damage, damage to equipment rentals, political evacuation and more.

You should purchase travel insurance coverage once you have set your travel dates and made payment for your trip but before your departure. Travel insurance can provide coverage for all the above described items and more. It is an inexpensive way to address your insurance coverage needs when traveling and provides value beyond traditional insurance by including services such as 24/7 travel and medical assistance.

Risk Reinsurance Holdings, Inc. is your source for travel insurance coverage. We have partnered with Seven Corners, Inc. to provide you with a simple and streamlined process to purchase travel insurance to fit your needs. You can purchase coverage online and enjoy the benefits of being insured while traveling. We can offer you any assistance necessary in selecting the right coverage options. Working alongside Seven Corners, Inc. we can find the products to match your needs.

Try Risk Reinsurance Holdings today and leverage our expertise and market access to solve your insurance needs. You may follow the link hereunder to access the travel insurance quoting portal and select the right policy to fit your needs.