Travel Team | Jun 21, 2022
With the variety of different types of travel insurance available, choosing the best plan for your needs can be tricky. That's why it's important to compare travel insurance plans before your trip, so you can find the one that offers the right level of coverage for you and your loved ones.
As we dive into the different types of travel insurance, keep in mind the other types of insurance you have and what their purpose is.
You probably pay for at least a couple of these: health, dental, and vision insurance; car insurance; homeowners’ insurance, life insurance. And why is that? For starters, some of them are required by the U.S. government and mortgage lenders, but also, somewhere along the line, you recognized their importance in protecting you from unknown events that could adversely affect you. Travel insurance isn’t any different in that respect.
With the events of the last few years, the perception of travel insurance has changed. It’s no longer seen as a luxury or merely as a bonus for travelers who can afford it. More people are realizing the advantages of travel insurance, even for the average traveler, and starting to think of it as a necessity.
All travelers need to be mindful of the risks they face by taking a trip. Just as there are risks associated with owning a home and driving a car, traveling has unique risks. We're here to help mitigate those risks while you're exploring the world.
Here's a breakdown of the major types of travel insurance. Use this list to compare travel insurance options and find what works best for you.
With a trip protection plan, you can be protected if you need to cancel, delay, or interrupt your trip for a covered reason such as illness or injury. You can be reimbursed for your nonrefundable, prepaid trip costs, as well as unused expenses and transportation costs if you need to return home early.
In addition, trip protection plans can reimburse you for the cost of replacing lost, stolen, or damaged luggage. It can also reimburse you for rental fees for specific types of sports equipment, like skis or golf clubs, if yours are lost, stolen, damaged, or delayed by a common carrier for six or more hours during your trip.
Additionally, many plans offer medical coverage for injuries or illnesses that arise while you're traveling, as well as travel services such as 24/7 multilingual traveler assistance as a non-insurance benefit.
Different plans offer different levels of coverage, so be sure to review your options, learn how to read a travel insurance plan document, and choose a plan that offers the right protection for your needs.
For U.S. residents traveling inside or outside the United States, consider RoundTrip Trip Protection. Learn more and start your quick quote at SevenCorners.com.
Seven Corners’ Inbound USA visitor insurance is for non-U.S. citizens and non-U.S. residents traveling to the United States. Millions of people who travel to the USA trust Seven Corners to provide emergency medical coverage for an affordable cost.
Inbound USA is a scheduled benefit plan, which means it pays a set amount for each type of medical service or treatment you receive. For example, if you break your leg during your trip, you may require multiple services or treatments, such as x-rays, surgery, and a brace. According to your scheduled benefit plan, we will pay a set amount for each of those after you’ve met your deductible.
So, in your plan document, you may see:
In this scenario, we would pay up to the amount listed. Anything over the dollar amount for each service, you would be responsible for paying.
Learn more about Inbound USA visitor health insurance and start your quick quote.
Travel medical plans are just what they sound like. They provide medical coverage for people traveling abroad. This is important because many domestic health insurance plans don't cover you when you travel internationally, which means you could have to pay the cost if you get sick or injured on your trip.
Also, if appropriate medical care is not available at your location, you may need to be medically evacuated to an area with appropriate care. A travel medical plan will cover the expense of an emergency medical evacuation. It also comes with a knowledgeable travel assistance team as part of your non-insurance benefits. Seven Corners will arrange the evacuation for you.
A travel medical plan can cover doctor and hospital fees, emergency transportation, accidental death, and more. As with any type of travel insurance, different plans offer different levels of coverage.
Deductibles, medical maximum options, coinsurance options, and other aspects of the plan can also vary widely, so do your homework and purchase a plan that covers all your bases.
Seven Corners Travel Medical Insurance is available for U.S. and non-U.S. citizens traveling outside their home country. Learn more about your options with Seven Corners Travel Medical Insurance and start a quick quote today.
Student travel insurance is ideal for anyone studying, teaching, or doing research abroad. In many cases, it's required by your educational institution to participate in the program.
With a student travel plan, you can get coverage for medical expenses, emergency transportation, maternity services, emergency evacuation, and much more. If you're considering studying or teaching abroad, student travel insurance is worth it, even when you’re on a budget.
For example, if you plan to study in Italy for a semester, you would opt for worldwide coverage that excludes the USA. Now, let’s say you’re 23 years old and you choose the Liaison Student Basic plan with a $0 deductible and $50,000 plan maximum. Your plan could cost less than $50 per month, which may be much less than you could be required to pay for medical treatment if you get sick or hurt while studying abroad.
Rates vary depending on the plan you choose and custom plan selections. Learn more about your options and start a quick quote for Liaison Student Travel Medical Insurance.