4 Travel Insurance Types You Must Know For Your Cancun Vacation

by Max Harper on October 7, 2010

If you’re off to visit Cancun, travel insurance is a prerequisite for you.

Travel insurance policies actually aim at taking out the sting from travel related problems.

There is an economic need of a travel insurance policy and without it you may waste a lot of money during your dream vacation, if there is any unforeseen circumstance.

Travel insurance can be offered for cruises, flights, home rentals. These are the types of coverage of travel insurance policies you should look into for your Cancun Vacation.

1. Travel medical insurance: The worst part of a vacation is if you fall sick during your vacation. Medical travel insurance policy will pay for all kinds of medical costs incurred during the trip. If you have a medical insurance policy, that’s well and good, but before your medical insurance policy starts paying for your poor health conditions, you can get the coverage costs immediately under the travel medical insurance policy. It covers, doctor visits, ambulance costs and emergency medical surgeries.

2. Trip cancellation coverage: If, at the eleventh hour, you come to know that your tour operator has gone out of business and are on the verge of filing bankruptcy, you can get help of travel insurance policy. This policy will reimburse the money or the unused portion of the vacation if anybody falls ill in your family. This coverage will prevent you from losing those extra dollars in case your family or the tour operator goes through any unfortunate experience.

3. Accidental death coverage: If you die or become permanently disabled during a trip, then your family may get compensation if you have purchased this coverage under your travel insurance policy. This type of coverage will include accidental death, loss of hands or limbs during an accident.

4. Travel delay coverage: If your trip gets interrupted due to some weather problem or any other reason and you need to stay for a longer time in the airport, you will get coverage for the costs that you incur while staying in the airport. Mostly travel insurance companies will cover weather related problems.

Thus, if you’re likely to go to a vacation this summer, go and get a travel insurance policy in order to make your trip worthwhile. Save those extra dollars in unnecessary expenses and make your dream vacation an ideal one that is worth remembering.

Jacobs is a financial writer and a community member in Ampm Insurance community. He has written many articles on Insurance, travel insurance. etc.
Max Harper
View all posts by Max Harper

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