If you buy travel insurance, you likely have coverage for a variety of scenarios. Travel insurance means to protect you from losses you might experience during a trip.
There is always a chance that your planned travel could not go over as expected. You might not be able to travel at all or you may have to return home sooner than planned. This might cost you money. If an unforeseen event prompts changes, you might be able to use travel insurance to recover some losses.
Make sure you understand the difference between two distinct types of travel coverage. One is trip cancellation coverage, and the other is trip interruption coverage. The two occupy unique niches in travel insurance policies. You often cannot use one in place of another.
Travel Cancellation Insurance
Travel cancellation insurance means to help you before you travel. In a literal sense, it serves its purpose right up until the moment of departure. It nonetheless stays on your policy until the completion of your trip.
If you have to cancel your entire trip, cancellation coverage might reimburse you non-refundable expenses. These may include airfare, hotel costs and other common travel expenses.
Cancellation coverage usually includes a list of scenarios it will cover. To qualify for cancellation reimbursement, you likely have to experience events beyond your control. These may include:
- Death, injury or illness to you, a family member, or other close association
- Employment status changes, including work requirements or layoffs
- Terrorist incidents or natural disasters in your destination
Keep in mind that not every policy will cover every instance of cancellation. Check with your insurance provider if you have concerns.
Travel Interruption Coverage
Like cancellation coverage, trip interruption coverage can help you cover costs in case your travel cannot proceed normally. However, this coverage kicks in while you are officially traveling. If you encounter a problem that mandates your returning home, this coverage may help.
Commonly covered interruptions include:
- Unforeseen illness, injury or death to you or an immediate loved one
- Mandatory evacuations or terrorist attacks in your destination
- Certain crimes committed against you like assault or robbery
Interruption insurance might help you regain costs of re-booking flights or travel arrangements. It may also help you cover cancellation fees or any other lost costs.
Work with your travel insurance provider to get a policy that covers concerns that might lead to trip cancellation or interruption. The right travel insurance can be a benefit to you when you need it most.
We’ve got you covered. Call Texas Insurance Agency at (713) 921-8000 for a fast, free Mexico travel insurance quote right now.