What Are Travel Insurance Plans? - 2026 Review

Travel insurance plans are built in order to create a package of cover suitable for a traveler on a trip. The trip could be at home or abroad. Often we think of travel insurance plans as being a smaller version of Home and Health Insurance.

Most Home and Health plans have little value when we travel, hence the interest in purchasing trip insurance.

Travel Insurance Plans - Carriers

Specialist insurers typically provide travel insurance plans. These insurers are either wholly independent, or owned by a much larger Property and Casualty insurer. Either way, a customer should be concerned as to the financial health of the travel insurance provider. Weak financial health would give cause for concern that the insurer would be unable to make good any financial claims against it.

At AARDY we publish the A.M. Best ratings for each of our carriers. A.M. Best is recognized as being the leading independent voice for insurance ratings.

Whenever we offer a quote there is a rating – and in AARDY's case, every insurer we work with has an A.M. Best rating of at least A, which equals ‘Excellent’.

Why is this important? It means that AARDY insurance carriers have very strong balance sheets, operating performances and business profiles. Both when viewed as stand-alone entities, but also when compared with other insurance carriers.

Travel Insurance Plans – Cancellation Cover

Think of travel insurance plans as a collection of related areas of cover. Each will have its own use for the majority of customers.

All will have variety of Cancellation benefits. The more comprehensive plans will often have much wider benefits, covering more frequent claims. So a less comprehensive policy might only cover for cancellation due to a serious injury or death. A more comprehensive policy might offer cover for cancellation due to work reasons, or simply for any reason at all.

Travel Insurance Plans – Medical Cover

Other benefits will relate to the level and types of Medical cover provided. Medical Evacuation relates to getting a person home after a serious illness. Medical Sickness relates to the costs associated with treating a traveler in a hospital. Remember that home medical insurance may not transfer out-of-state or when abroad, hence its usefulness in a travel insurance policy.

Travel Insurance Plans – Baggage Cover

The final set of benefits relate to having bags lost or delayed when traveling.

Add all these benefits together and we now have a comprehensive set of travel insurance plans.

Travel Insurance Plans – Competition

But, not all plans are created equal. The majority of travel insurance carriers know that they are competing against one another. As such, their prices tend to be highly competitive.

The problem comes when a customer is only presented with one option. This is exactly the scenario when offered travel insurance from an airline, or a travel site.

Expedia, for example, only offers one trip insurance. So, it is impossible for a traveler to compare, which means that a customer would not know if it is cheap or crazy-expensive. We have compared the Expedia travel insurance with the plans that we offer from our travel insurance carriers. Expedia is one of the worst trip insurances that we have seen. The Expedia trip insurance is both expensive, and also has very low levels of cover. Really, the very worst of both worlds.

Travel Insurance Plans - Advice

Our simple advice for finding one of the cheapest travel insurances – always use a travel insurance marketplace like AARDY. You will now be comparing insurance plans from the leading travel insurance carriers in the country. You can see their financial stability via their A.M. Best ratings. You can compare cover. More importantly, you can check and compare price. Each of the national travel insurance carriers will price differently – you get to compare and choose the one that offers best value for you.

At AARDY we suggest that when you travel you should consider travel insurance. You can get an anonymous quote in seconds, and compare dozens of the top travel plans from many of the largest US travel insurers, saving you time and money finding the right travel plan for your needs.

What many people do not know is that they won’t find the same flight insurance plans available at a better price. Price certainty is guaranteed as a result of anti-discriminatory insurance law in the US.

Travel Insurance Comparison – Will I Pay More Buying Travel Insurance from a Comparison Website?

In short – a trip insurance quote for an insurance plan that you see from AARDY is the same price you would see from the insurance carrier direct. We are not allowed to compete on price for ‘filed’ insurance products. No one is. As a result, you are certain to get best value from us.

Safe travels.