How Purchasing Travel Insurance Can Help You Save Money
Whether you are traveling for business or pleasure, purchasing travel insurance can help save you money. It is the same principle that applies when you buy something of value like a car or a classic piece of jewelery. Should anything happen, you do not want to lose your investment in one day. Most likely, you would want that car or ring replaced at full purchase value. If you have purchased air tickets, you would want to protect that investment as well. Who wants to lose money especially in these dire economic times?
Ways that Travel Insurance Can Help You Save Money
There are at least three situations where purchasing travel insurance can help you save money:
• Cancellation of flights – If you or the airline decides to cancel the flights you are booked in, your airfare will be partially covered by travel insurance. Say if you spent $4,500.00 worth of air tickets for you and your family, and suddenly the airline closes down for business or cancels a flight for any reason, you do not lose all of the $4,500.00 because travel insurance will reimburse that amount. Of course the airline will probably refund you the money if it is their fault, but having travel insurance will compensate you for the inconvenience and trouble. Also, if you cancel the flight yourself, travel insurance will get you back your money.
• Loss of luggage – When you purchase travel insurance, make sure it covers lost luggage as well. Imagine landing in some foreign country with none of your luggage! While most airlines are efficient about recovering lost luggage and delivering them to your door, don’t rely on that efficiency. There have been instances where luggage was never recovered.
• Medical problems – You may be in perfect health when you leave for vacation but you increase the likelihood of getting exposed to viruses or bacteria either in the plane or in your country of destination. There’s also the chance that you could accidentally drink the local drinking water or eat contaminated food. Medical visits in some foreign countries can cost an arm and a leg so you wouldn’t want to spend all your vacation money on doctor’s visits! If you have travel insurance that covers expenses for brief hospitalizations, medicine and emergency situations, think about how much all these could add up if you didn’t have travel insurance.
Tips for Purchasing Travel Insurance
• Ask your insurance provider – If you have an insurance company that insures your car, house and other property, they may also offer travel insurance or they may work with a partner or affiliate who does. Because you are an established customer, they may offer you travel insurance at lower rates. It doesn’t hurt to ask. In fact, in some instances, you may be better off going with your existing insurer than purchase separate insurance from the travel agent who books your flight.
• Go for the whole nine yards – What this means is if you are traveling with the family, you might be better off buying family travel insurance instead of separate insurance policies. It also means that because traveling with children entails more risk than traveling alone, you may want to consider travel insurance that offers comprehensive coverage; that is, plane fares, luggage, and health and medical visits.
• Multi-trip travel insurance – If you make more than one trip every year, you might be better off purchasing an annual multi-trip travel insurance policy. This would save you the hassle of purchasing travel insurance several times during the year. Some travel insurance companies will usually sell you a 12-month package that is renewable yearly and this is a huge convenience if you travel a lot during any given 12-month period. The single biggest advantage of buying an annual policy is that you don’t need to worry about arranging for emergency medical coverage.
• Compare packages and prices – As for most major ticket items, it pays to shop around for insurance. If you know you will be travelling six months from now, don’t wait until the month before your travel date to do some bargain hunting. Start now so that you are not rushed about reading the fine print and you can make a more informed decision about the kind of travel insurance that is ideal for your situation.
Remember to do the cost analysis if you are ever tempted to skip travel insurance. Even if your ticket is discounted, say you paid $600.00 to go to the Caribbean. Travel insurance will cost about $85.00 to $100.00. If you are forced to cancel your trip, you lose $600.00 (restricted and discounted tickets are usually non-refundable or non-transferrable) versus the $100.00 you paid if you had purchased travel insurance. If you want to save money, put travel insurance on the top of your list.
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Help answer the question about Travel Insurance
How much does travel insurance cost for 3 months?Hi guys. I'm planning a trip to los angeles in June 2010 for 3 months and im trying to calculate the amount of money i'll need.
The problem is, i have no idea how this travel insurance stuff works,so how much would travel insurance cost me for this period?
Any help appreciated, thanks.
About Author
Josh Webber
Josh Webber is a writer and blogger who discusses various aspects of the travel industry such as travel insurance.
That must have taken alot of time to write! (unless you just found the list somewhere on the internet)
Good ways to make money, i think maybe il try some.
wow these are all really good ideas
ive been doing lots of things like this lately =]
Stop whining and do something about it. If you need more education get it. If you need another place to live then move. You need insurance, buy it. Just stop moaning and waiting for the world to take care of it for you.
I find all of the pictures that i need just by doing Google searches on the topic I am interested in.
you might be interested to note that the Governor of Oregon has mandate that all state building in Oregon be powered by alternative energy by the year 2010.
also here are some pic,'s and information about vertical wind generators.
http://peswiki.com/index.php/Directory:Vertical_Axis_Wind_Turbines
"A report by the Canadian Fraser Institute found that the average wait time in that country to see a general practitioner was 17.7 weeks. One such incident found a woman waiting over three months to receive radiation therapy for breast cancer:"
OK so your answer to this is don't let the poor people get healthcare so the rich don't have wait times.
Medicare and Medicaid's bills from the hospitals get lumped together as large bills to our government. The government then tell the hospitals what percentage of that bill they will pay. To counterbalance this the hospitals raise the rates on everything so that they are still getting full price. That price stays the same for all insurance companies which then raise YOUR premiums because our government has helped to jack up the price. Now millions of Americans cannot afford healthcare. There is a flawed system in place and something needs to be done.
Google Search of pics related to each of the topics you have addressed above… use key words such as each Water heater blankets.. save a pic of a heater and then one with a blanket… on your puter as an example.. then use the insert command in powerpoint to add it.. you should be able to adjust size in powerpoint to fit your layout… use text block to do your writeups.. and arrows to point to what your talking about… in each block… does this help… You have so many topics above it'll take a little while to get the pics you need… I've done alot of briefings in powerpoint while in the military.
Where in South Korea are you?? I spent 3 years stationed over there.. one in Weagan… and 2 in Seoul
1: Is the power-train warranty worth the purchase price? I've heard conflicting opinions.
Generally no extended warranty is worth the purchase price. Consumer reports did a study and 78% of the time you will never incur as many covered expenses on the extended warranty vs. what you will pay for it, upfront.
Regarding the powertrain, if you truly are getting a 'new' vehicle, Hyundai, Kia, Mitsubishi and GM all have 100K powertrain warranties. You just have to make sure and service your vehicle per the owners manual or they can void it for negligence.
2: How do you "haggle" with a car salesman about coming down on the purchase price without being rude?
You can't worry about feelings when negotiating. The dealer is definitely not thinking of your feelings. Their goal is to sell the car for as much as they can.
Just know what you should be paying for the car. Go to edmunds.com and do a search and be firm with your offers. Generally speaking, a car dealer will always sell you their product as long as they are making any sort of profit. If you really know what you want, for $14, you can go to consumerreports.com and get the 'bottom line' price. Although you will never know what the dealer paid for the vehicle, this is the closest thing to it.
Note that Scion and Saturn will not negotiate on new vehicles, period.
3: IF you found the vehicle that you wanted in a different state for say $4,000-$5,000 cheaper would it be worth the the time and travel to buy that vehicle?
That will not happen on a new vehicle. It may be $1,000 cheaper at the most for a new vehicle, but you have to also consider your time and and transport fees. It may be worth it, but typically it is not.
6: Would you consider buying a vehicle in a state that didn't have any sales tax?
It doesn't matter where you buy the car. You have to pay sales tax on where you live (register the car), not where the dealer is located.
7: Should I consider buying a vehicle with all of the bells and whistles, because I have young children?
You should buy a safe vehicle with whatever bells and whistles you need. Children don't need things like leather seats or navigation. Children do need side airbags, ABS and traction control.
8: What part of year is the "best" time to buy a new car? The beginning of the model year or the end of the model year?
Between now and the end of the year is the best time to buy a 2008. The 2008 stock is going down, though, so your choices will get more limited unless you want to buy a 2009 model. Of course, the 2009 may not have the same incentives.
9: What are some makes/models of vehicles that are COMFORTABLE to drive?
Different cars are made for different people. If you have small children, I think you should think safety first. Good models that are both reliable and safe include the Honda Accord, Toyota Camry, and Hyundai Sonata.
10: Should I consider fuel efficiency over the size vehicle that would make my family more comfortable?
That is a personal choice that noone can answer except you.
If size and fuel mileage are important, you may want to check out a vehicle like a Mazda 5. It is reliable, seats 6 and gets 27 mpg highway. Other good alternatives of smaller, functional vehicles that seat at least 6 and drive like cars are the Kia Rondo and the Ford Taurus X.
11: What are some makes/models of the more fuel efficient vehicles?
Depends on how many people you want to seat. If you only need room for 4, look at the Honda Accord, Hyundai Sonata, Mazda 6, Nissan Altima, Chevy Malibu and Ford Fusion.
If you need room for at least 6 – Mazda 5, Kia Rondo, Ford Taurus X.
If you want something larger – Ford Flex, Mazda CX-9