Hey travel lover! Do you want to explore the beauty of the world without having second thoughts? Do you need peace of mind, but you are afraid of the difficulties that you might be facing while planning a tour? First thing first, if you want your tour to be as perfect as you planned then buy travel insurance. But before doing that check out every facility that you need to be covered by the travel insurance company
Here are some essential things that you should be looking for:
- Emergency medical
- Trip cancellation
- Trip interruption
- Loss of your belongings or luggage
- Delayed baggage
- Trip delay
Medical coverage can repay you for the expense related to clinical treatment for a sickness or injury while you are outside of your country. This can incorporate inclusion for the medicines you might be prescribed by the doctor or any therapy that you need at that time.
But if you are ill or you are having an injury that is known before the trip that you are planning for, then the travel insurance company might not cover that. The policies of every travel insurance company are different, so you need to read the policies twice before taking a decision.
Trip cancellation and trip interruption are often covered together by the companies. In case if you cancel your trip because of some reasons that were listed in the policy then they will refund you the amount that you have given to them for booking your trip. The company probably would cover the lost or damaged belongings of yours during the trip. Also, check that which adventure activities the company would cover or not.
BEST TRAVEL INSURANCE COMPANIES:
- Travelex Insurance Service
- Allianz Travel Insurance
- World Nomads
- Seven corners, Inc.
- AIG travel guard
TRAVELEX INSURANCE SERVICES (Best overall)
If you want affordable packages for your family or friends’ tours, you should consider the Travelex Insurance service provider. The main feature that this travel insurance company is providing is that you are not going to pay any additional cost for children under 17 and younger. Well! That is exciting news for the family travelers.
Travelex offers two travel insurance coverage plans:
Travel Basic (Providing budget-friendly prices)
Travel Select (Best for family tours, international travelers)
The Travel Select plan is the strongest as it covers emergency medical and dental, Travel assistance, Trip cancellation, and trip interruption coverage. It also covers Trip delayed coverage, missed connection, baggage, and personal effects, kids including pricing also provides coverage for sporting equipment delays.
Also, this plan came up with a 100% insured trip cost of Trip cancellation and 150% insured trip cost of trip interruption. Excitingly, it provides $50,000 for emergency medical coverage.
For affordable prices, Travel Basic plan is the best to choose from. It provides 100% insured trip cost of trip cancellation and trip interruption, also provides $15,000 for emergency medical expense and $100,000 for emergency medical evacuation expense.
- Its Travel Select plan is the best to choose for international trips.
- Provides coverage for children under 17 or younger at no additional cost.
- One can upgrade its coverage of tour plans the way he likes it to b
ALLIANZ TRAVEL INSURANCE (Perfect for frequent travelers)
Allianz travel insurance is a branch of Allianz, insured more than 80 million customers throughout the world. This insurance company provides annual and individual trip policies. The one who travels a lot must insure itself to Allianz annual travel insurance plan, as it covers lost/ stolen or delayed baggage expenses, emergency medical and trip cancellation or interruption coverage of all the trips that you are planning throughout the year.
It provides 10 travel insurance plans, all of which are providing the best coverage for travelers. The most popular single trip plan of Allianz is the OneTrip Prime plan includes key benefits like emergency medical, trip cancellation, and interruption. This travel insurance plan provides $300 of coverage for baggage and $800 for travel delays. Covers up to $100,000 for trip cancellation and $150,000 for trip interruption.
You can upgrade your plan the way you want it to be or get rental car damage coverage too.
The best annual/multi-trip plan of Allianz travel insurance company is AllTrips Executive. Provides coverage of $5,000, $7,500, $10,000 for trip cancellation and trip interruption that are pre insured.
If you are doing business worldwide then use this plan as it benefits $1,000 for business equipment and business equipment rental coverage.
- It provides annual trip coverage.
WORLD NOMADS TRAVEL INSURANCE (Best for adventure seekers)
If you are an adventurous person, then this travel insurance company is made for you! It provides s a wide range of activities during its trip plan including skiing, scuba diving, hiking, surfing, and bungee jumping. However, this is perfect for solo travelers and adventure seekers.
World Nomads provides 2 travel insurance plans, which cover stolen/ lost and delayed baggage, trip cancellation insurances, medical repatriation, emergency medical and dental, terrorist attacks. It provides two insurance plans,
Standard plan: (Provides low coverage level, budget-friendly)
Explorer plan: (Provides high-level benefits)
Standard Plan provides $100,000 in emergency medical benefits, also provides coverage of trip cancellation, interruption. Covers lost/damaged baggage, accidental death, and other travel insurances.
The standard plan provides benefits of $25,000 for travel protections. Whereas, Explorer plan came up with $500,000 in medical evacuation benefits.
So, the cost of coverage differs for the plan you choose for your trip. It can be high if you are choosing the Explorer plan but provides more adventurous activities that you might want to give a try once in your life.
WHY NOMADS TRAVEL INSURANCE:
- Best due to its adventure benefits.
- Its website is easy to use.
SEVEN CORNERS, Inc. (Best for customized trips):
Seven corners, travel insurance company is providing several insurance plans including
Travel medical insurance (Health insurance for up to $5M.)Student travel insurance (best for faculty and students)
Visitor insurance (providing health and other travel insurances to the visitors of USA)
Trip insurance (including trip cancellation and interruption and other expenses)
Annual travel insurance (coverage for annual trips)
Medical evacuation and repatriation
Group travel insurance (best for group of travelers)
A popular plan of Seven corners is the RoundTrip plan. It provides coverage including (emergency medical, lost stolen baggage, trip interruption, or trip cancellation). RoundTrip plan came up with 3 ranks
1. Economy 2.Choice 3.Elite
Its economy plan is affordable including main coverage. Choice plan of RoundTrip provides benefits of $20,000 in trip cancellation, coverage of up to $1,500 of stolen/ damaged baggage. It benefits emergency medical coverage of $100,000.
While planning your trip through Seven Corners, you can easily customize the benefits including car rental damage coverage.
WHY SEVEN CORNERS, Inc. :
- It covers pre-existing conditions (health issues that exists before planning a trip (i.e. cancer, heart diseases)
- It provides a customized trip option, that can add benefits to your coverage or plan your trip the way you want it to be planned.
What should be the steps to plan your next tour. check out our post.
AIG TRAVEL GUARD (Best For Leisure Travel)
Travel Guard (AIG) that was awarded by Forbes Advisors as the top travel insurance company.
Travel Guard came up with its 3 insurance plans:
Deluxe Plan (provides high-level coverage)
Preferred plan (comprehensive travel plan)
Essential plan (budget-friendly)
Deluxe plan, best plan of Travel Guard provides coverage up to 100% insured cost in trip cancellation, and 150% insured trip cost in trip interruption. Deluxe plan covers up to $2,500 for lost or stolen baggage. It also provides $100,000 for travel medical expense. Moreover, it covers Flight Guard, security evacuation, Travel inconvenience benefits, trip guides, accidental death, and emergency evacuation.
The preferred plan covers most of the benefits including travel medical expenses of $50,000, and baggage coverage of up to $1000. Whereas, Essential plan covers $15,000 for travel medical expense and $750 for baggage coverage.
WHY TRAVEL GUARD:
- It provides 24/7 concierge assistance.
There are a lot of travel insurance provider out there that helps you in insuring your trip. We chose the 5 top best travel insurance providers based on comforts, luxuries, rankings, benefits, or almost every essential thing that make your trip perfect!
It’s better to buy insurance for your trip, as you don’t know what is going to happen.
We tried our level best to meet your standards.