Learn about travel insurance: Why should you buy it? What does it cover? How much does it cost? And learn the answers to other questions.
Travel Insurance FAQs
What is travel insurance?
Travel insurance is a protection plan that guards against financial losses or expenses that may occur during travel - such as having to cancel your trip for reasons beyond
your control and losing non-refundable deposits and airfare. Arch RoamRight offers a number of
travel insurance plans to help protect against a variety of risks.Â
Why do I need travel insurance?
Sometimes traveling - even for pleasure - can be a very stressful experience. Getting a travel insurance plan with the right benefits you need can be like a weight off your shoulders that allows you to help get the most enjoyment out of your trip. Plus,
if covered issues do arise, the investments you made in your trip are protected. There are plenty of
travel insurance benefits. To help determine if travel insurance may be right for your trip, read our
Top 10 Reasons to Purchase Travel Insurance.
Many things can happen during a long trip, so there are many ways your travels can suddenly cost you much more than anticipated. Without the right
trip insurance plan, you may find yourself in trouble when away from home. Travel insurance can give you the peace of mind you need to travel with confidence.
What does travel insurance cover?
Some basic coverages of travel insurance include:
- Trip Cancellation
- Trip Interruption
- Missed Connection and Itinerary Change
- Trip Delay
- Loss of Baggage and Personal Effects
- Baggage Delay
- Emergency Accident & Sickness Medical Expenses
- Accidental Death & Dismemberment (AD&D)
- Hazardous Sports Coverage
- Renters Collision
Keep in mind that actual coverage and services will vary between travel insurance plans. Be sure to pick one that best suits your trip type and anticipated needs.
Don't I already have travel insurance through my credit card company or medical insurance provider?
A common misconception many travelers have is that their credit card company or medical insurance provider will fully protect them during their trip. However, this isn't always the case. While it's true that some credit card companies will provide some
reimbursement for cancelled flights, the coverage could be limited and often doesn't cover trip interruption or other risks. Many standard medical plans limit coverage while abroad and do not cover medical evacuation.
Before traveling, carefully review the trip insurance policies you have with other companies to determine if you will need additional travel insurance.
Why buy travel insurance?
There are many reasons people purchase travel insurance. Sometimes, the investment in the trip is worth protecting, or perhaps you just want to travel with the peace of mind travel insurance can provide. Many things can happen during a trip, so there
are many ways your travels can suddenly cost you much more than anticipated. That’s why you need a
travel insurance plan. Some common travel emergencies that can befall anyone with even the most benign travel plans include:
- Needing medical assistance
- Lost/stolen passport or money
- Auto accident in a rental
- Lost/damaged luggage
- Lost non-refundable deposits due to trip cancellation or the bankruptcy of the travel organizer
- A flight delay requires you to stay extra time in a hotel or miss part of your trip
- Medical emergency
One of the main
benefits of travel insurance is the peace of mind that comes with knowing you'll be financially and medically covered in the event of a travel emergency.
However, there are many more
reasons you should consider a travel insurance plan. There are many travel or trip insurance plans
that could meet your needs, depending on what your trip involves. Arch RoamRight provides trip cancellation, trip interruption and travel medical insurance for single trips or annual plans, whether you’re traveling domestically or planning around-the-world
travel. If you have any questions about selecting a travel insurance plan, visit our
Frequently Asked Questions (FAQ) page, or
contact RoamRight – we will be happy to assist you!