Unexpected Travel Insurance Benefits

By |2018-09-06T10:52:45+00:00September 6, 2018|Categories: Travel Tips|Tags: |12 Comments
Travel Insurance Benefits

Travel insurance benefits that go the extra mile.

Travel insurance policies might surprise you. Whether you buy a single trip plan or an annual policy like ours, whether you are a global traveler, senior traveler, or seasonal beach bum, circumstances are bound to come up that will force you to look at the fine print and wonder, ‘does my travel insurance cover that?’ ‘What are my travel insurance benefits?’

Do compare travel insurance options to familiarize yourself with particular benefits. It will save you in the long run. Here are five examples of available coverage–travel insurance benefits that may not have occurred to you. Even if you never need these benefits, you’ll surely travel happier knowing you’re covered.

Your partner cancels and now you have to pay a single supplement

This sounds like adding insult to injury. Maybe that long awaited trip with your favorite travel companion ends up being a solo journey, through no fault of your own. And then you are asked to pay the single supplement for traveling alone? Hardly fair. If your partner has canceled for covered reasons, you will be able to claim the supplemental fees you are charged. Check out other examples of how insurance covers trip interruptions and cancellations, or even your travel companion.

Travel Insurance Benefits

Expect the unexpected: performance art in Athens, Greece.

Ouch. You have to pay to redeposit your frequent traveler rewards points

You’ve finally arranged to use your accrued frequent traveler points. If you’re like me, you’ve saved those for a special trip. I like to use points for my ‘extra’ personal travel like visiting family in Washington. It takes time (and money) to accrue those points, and more time (and money) to carefully book that trip with miles. So, if the trip is then cancelled for a covered reason, I want to re-bank those points. But now the airline or bank wants to charge me for redepositing my very own hard-earned points! Ouch, burned again. When your policy includes the Frequent Traveler Reward Program, you can get reimbursed for the charges associated with redepositing awards back into your account.

I’m pretty sure I’m well enough to travel, but…what about my preexisting health condition?

This can be complicated. But rest assured that if you are medically able to travel when you book your trip and purchase your travel insurance policy, you can find travel insurance coverage to give you peace of mind. Underlying conditions don’t need to be the end of your travel lifestyle. Note that this sort of policy must be purchased within two weeks of your making your first travel deposit or payment for the trip.

Travel Insurance Benefits

Travel is all about connections. This canal connects the Gulf of Corinth with the Saronic Gulf, or more broadly, the Ionian and Aegean Seas.

C’mon. Missed connections don’t need to ruin your vacation.

A friend of my daughter’s used to claim the reason she was late for soccer practice, every time, was that she had to wait for a train to pass. The thing about trains, like this one that passed through her neighborhood, is that they generally run on the same schedule every day. Our little soccer player might have known when to leave her house to avoid the delay.

But what happens if a traffic accident or road closure or natural disaster prevents you from making your flight connection? Assuming you’ve allowed enough time in the first place, your travel insurance policy covers you. If the missed connection makes you miss more than 24 hours of your trip, for example, you’ll be reimbursed for prepaid expenses. And your policy might cover your reasonable meal, hotel, and transportation costs related to getting back to your trip, or back home.

Rental Car Collision Damage Waiver

We’re fans of turning down all those last-minute insurance options at the car rental counter. That’s because we know our coverage via our travel insurance policy or credit cards. (Allianz has a handy post here outlining the pros and cons of credit card rental car insurance.) In other cases, using your personal car insurance policy isn’t viable. To be confident in your coverage, use the Allianz Collision Damage Waiver option, an add-on to most of their travel insurance policies.

Travel Insurance Benefits

No reservations about signing the waivers when we rented a car recently in Puglia, Italy.

These are just some of the examples of benefits you can get with your global travel insurance. Not all options are available with all types of policies, but the Allianz web site does a good job of letting you search by type of benefit. Just as needs change, you can select different options for separate trips with various plans within single trip or annual policies.

Note: This is part of a series of posts we’re writing about travel insurance, a topic we’re asked about a lot. The series is sponsored by Allianz Global Assistance. However, we were Allianz policy holders before they asked for our editorial contributions. We’ve chosen the series topics, and the content is based on our own research and experience. Check out our recent post about the Allianz TravelSmart app which you’ll find useful whether you’re a policy holder or not. All your comments and shares are welcome.

Check out these little known benefits of global travel insurance. #global #TravelPast50 #Travel #TravelPhotography #SeniorTravel #TBIN #TravelInsurance
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12 Comments

  1. Doreen Pendgracs September 10, 2018 at 4:06 pm - Reply

    Interesting post. I never knew there were so many variables and considerations when choosing our travel insurance policy.

    • Kristin Henning September 12, 2018 at 3:04 pm - Reply

      I was surprised, especially, about coverage for price differences when a traveling partner cancels. Nice!

  2. Carol Colborn September 10, 2018 at 8:50 pm - Reply

    We are in the market for one. We will be in Mexico for three months every year. Another two months will be spent elsewhere. Should we get an annual coverage?

  3. Judy Freedman September 10, 2018 at 9:14 pm - Reply

    I just bought an annual plan. I was back and forth about it but decided to try it. Hope it covers me for all my trips. Sadly, I’ve had to use the medical benefits recently and just a few months ago was glad to have the insurance when my flight got canceled in Quebec and I was rerouted to Toronto and had to stay overnight. Was glad insurance covers my stay.

    • Kristin Henning September 12, 2018 at 3:08 pm - Reply

      For us–lots of travel and not necessarily planned out far in advance–the annual was a no brainer. We don’t need to do anything except renew annually. Which reminds me…

  4. Charles McCool September 11, 2018 at 9:05 am - Reply

    I like this twist, sort of a travel insurance hacking starter guide.

    • Kristin Henning September 12, 2018 at 3:09 pm - Reply

      Haha, thanks. Yes, and I had fun peering down the rabbit hole. I think I could do a second post on other interesting bits of benefits.

  5. Jackie Smith September 11, 2018 at 9:12 am - Reply

    Most informative post! Sounds like all insurance policies: read the small print to make sure what you think you are paying for really is what you are getting!

    • Kristin Henning September 12, 2018 at 3:11 pm - Reply

      In this case, as I researched, it seemed more like ‘find out what you are paying for that you didn’t know you could get!’ Sometimes our insurance coverage offers more than we expected.

  6. jane Canapini September 12, 2018 at 9:38 am - Reply

    Travel Insurance is almost as big a headache as renting a car, so it’s worth doing the research and shopping around for the right one. I love my own credit card’s insurance policy because it covers a lot of what you talk about here.

  7. Kristin Henning September 12, 2018 at 3:12 pm - Reply

    That’s great, Jane, that you’ve settled on something that works for you and your travels. Thanks.

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