• 29
  Mar
  2010

• Don’t Strike Out Trip Cancellation Insurance Just Yet

  
  Filed Under: Blogging
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One of the most important types of insurance coverage for travel is trip cancellation insurance. However, it is glossed over by many travelers who don’t consider cancellation when actually planning a trip.

However, there are certain kinds of trips for which trip cancellation insurance is indeed a necessity. For these trips, you are much better off purchasing a travel insurance plan with trip cancellation insurance, or a separate plan for cancellation or interruption. An example of such a trip is a cruise.

Although a cruise is typically thought of as a means of transportation and therefore akin to air travel, that is not the case. Cruises are more like a complete holiday package, and are different in that there are usually no rescheduling options without a financial penalty.

Also, cruises get booked months in advance, and so, that would mean that there is more time between your booking a cruise and the actual departure date. That lends itself to more chances of the trip being cancelled, making coverage a prudent decision. Trips that include packages such as safaris, or multi-day adventure treks/sports are also prime candidates for trip cancellation insurance.

Travel tip: Do your research and decide on trip cancellation coverage before booking the trip. Many plans offer waivers of the pre-existing conditions clause when the insurance plan is purchased within two weeks of the booking.