Buying travel insurance for international travel is a great way to protect your finances abroad. There are many reasons to purchase travel insurance, including missed flights, faulty equipment and declined bookings. Your international travel insurance covers all extra costs you incur when rebooking a hotel or flight. Whether your flight is delayed due to bad weather, an equipment malfunction, or a failed booking caused by an overbooked airline or hotel, your insurance can help cover these extra costs.
COVID-19 coverage is also available through international health insurance
If you’re going on vacation or a long business trip, you probably want to make sure you’re covered for COVID-19. This coronavirus disease is treated similarly to the flu. Your health insurer reimburses the costs of inpatient and outpatient treatments. COVID-19 coverage is also available through many international health insurance plans.
Some plans cover COVID-19 testing for free. Other subscriptions may require prior authorization and require payment for the service itself. Some insurers only cover COVID-19 tests if they are medically necessary. If you have health insurance, you’ll want to make sure your provider offers COVID-19 coverage.
In the US, North Carolina-based BlueCross BlueShield offers free COVID-19 coverage if you’re in-network. BlueCross also waives co-payments for in-network providers for the condition. It also includes out-of-network primary care and behavioral health visits.
Can I cancel my subscription?
Before canceling travel insurance, travelers must contact the insurance company in writing to request cancellation. They must have received their policy certificate by email or regular mail, and must include their policy number and contact details. If they cannot find this information, please contact the insurance company’s customer service.
A cancellation for any reason (CFAR) policy protects travelers against most travel costs if they have to cancel a trip for any reason. This cover is especially useful if you are ill or otherwise unable to travel. Standard comprehensive travel insurance may not cover the cost of an illness that prevents you from travelling. However, CFAR coverage will help you recoup some of the lost costs of your trip.
Some policies will reimburse the costs of missing the trip if you cancel the policy within the specified time. However, you should check the fine print of the insurance plan to know if you can cancel it based on specific reasons. In some cases, coverage is limited to non-refundable expenses, such as a rental car.
Can I rebook my subscription?
If you want to change your travel plans, you may be entitled to a refund of your premium. You can also submit an application to transfer your insurance to another insurer. The new premium will then be calculated on the basis of the details of your new trip. However, you cannot get a refund for the amount you initially paid.
Can I rebook my trip?
When traveling abroad it is important to understand the terms of your travel insurance policy. You may be able to rebook your trip without an additional insurance premium, or you may be refunded if you cancel your trip. Depending on the travel insurer, you may also be able to transfer your insurance to a new traveler at an additional cost.