Thursday, April 29, 2010

Travel Insurance

I was just visiting the GapAAdventures.com site, and I see they have a lot of info about Travel Insurance.

These days, travel insurance is a must. You never know when you're trip might be cancelled... either because of your illness, or because of bad weather. Travel insurance just makes good sense.

Here's a bit of what they have to say about it.

What insurance is required?
Travel medical insurance is mandatory. With a wide variety of company, credit card and travel policies out there, how do you know if your coverage is sufficient for our style of adventure travel? Our minimum insurance policy coverage for medical emergency evacuation and repatriation is USD$200,000 (or equivalent in other currency). If your pre-existing coverage does not meet these needs, you will be required to purchase travel medical insurance.

Why should I get cancellation insurance?
Adding cancellation insurance to your medical insurance is optional, but always recommended. By having 'all-inclusive' coverage you do not need to worry about emergencies that can happen any time, any where, before or during your travels. Including the cost of your airfare, as well as your tour(s), ensures that you do not have to worry about any unforeseen situations such as having to rush home to a family member or having a tour changed or cancelled because of a natural disaster.

How much does it cost?
Less than you'd expect! Travel medical insurance is based on the number of days of coverage - so how long you will be away. All-inclusive insurance, which adds cancellation to your medical insurance, is based on the dollar value of the tours, airfare, hotel nights and other services being covered. Typical costs, in USD, on a 10-day tour valued at $1000 with airfare coverage at $1000 as well would be:

Medical insurance only for 10 days = around $50
All-inclusive insurance (medical + cancellation) for $2000 (tour + airfare) = around $130

Get a quote on travel insurance!
Give our Adventure Specialists a call:

In North America - 1 800 708 7761
In the UK - 888 800 4100
In Australia - 1300 796 618
In New Zealand - 0800 33 33 07

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