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This is a reminder that if you are even a semi-frequent traveler, be it for business or leisure, you should considering getting an annual travel insurance policy. The start of the new year is a great time to do it.
Relatively speaking, travel insurance is cheap. Even a top-tier annual policy will run you a bit over $1 per day. The great thing about getting an annual policy (which is what I do) is that you don’t have to worry about insurance on a per trip basis, and you save money over getting a different short term policy every time you travel.
Travel insurance covers many basic and extreme things which travelers may encounter. This includes:
- Canceled flights
- Delayed flights
- Lost luggage
- Emergency medical coverage
- Medical evacuation
If you even make one of those claims in a given year, it can cover the cost of the insurance, especially for major medical emergencies.
I get my annual policy through Allianz, who has offices in over 30 countries around the world to provide assistance to travelers (disclosure: I have a business relationship with them).
Take care of your insurance this week and be covered for all of 2017!
Disclaimer: I work as an ambassador for Allianz Global Assistance (AGA Service Company) and receive financial compensation.