Health & Home Travel Insurance - 2021 Review
Are Health and Homeowners Insurance Enough When You Travel?
Sometimes, health insurance and homeowners policies may cover scant benefits for travel. But they don't go far enough to be of any real value.
That might surprise you since many travelers assume they have full coverage while traveling. Whether you are jet-setting the world or slugging to the hinterlands for business, you'll want to read this.
Here's why your health insurance will probably let you down if you travel
It's hard enough to know whether health insurance policies will cover you for basic procedures at home.
Have you ever looked for their coverage when you're away from home? Read your policy carefully to find out whether the benefits and deductibles are acceptable to you when you use out-of-network doctors.
Even if you have an excellent health insurance policy, those robust benefits you're paying for might not apply when you're traveling out-of-network.
Using out-of-network doctors is a problem for most health insurance plans. But using foreign doctors is even more of an issue. If you're on Medicare, forget about it, you're not covered abroad.
On the other hand, travel insurance pays for treatment no matter where you find yourself around the globe. You could fall and injure yourself anywhere from Morocco to Singapore, and you're covered.
Homeowners or Renters Insurance only go so far
While many homeowners' policies cover some basic situations, they don't offer what you probably need. In general, homeowners and health insurance policies expose you to a tremendous gap in coverage.
For example, if the airline lost your luggage, some travel insurance policies help track it down. They even reimburse you for replacement clothing and toiletries until your luggage is retrieved. But homeowners' policies won't touch that.
And without travel insurance, you are on your own if you need to see a foreign doctor or if your luggage goes missing. But those aren't the only reasons trip insurance is essential.
If your trip is delayed or canceled, your homeowners' policy is useless. Or, if you have an emergency while on the road, the travel insurance plan has your back.
Let's say you're about to embark on a vacation, and an immediate family member becomes seriously ill. You can't go. A travel insurance policy will cover that scenario and more that are like it.
It also applies to death, illness, or injury of immediate family members during your trip. Trips that get interrupted for these reasons are also covered. Again, homeowners' or renters policies won't touch that with a ten-foot pole.
Finally, not all travel insurance policies are alike.
It's vital to compare trip insurance options, so you end up with the right policy for you. At AARDY, we offer plans from many of the largest travel providers. With over 30 options to choose from, you are sure to find the right one for you.