Making sure your trip is protected with travel insurance is a good decision every time, but shopping for a better value is an even better decision. After booking a flight, cruise or hotel, most travel companies will also offer a travel protection option. It is easy to say yes and move on, but here are 5 good reasons why you should instead purchase directly from the travel insurance company.
Shop Benefits and Prices
The most obvious reason to shop around for travel insurance is to find a plan with the benefits you need at a good value. How much medical coverage is enough for you? Are you traveling with more luggage than usual and want to make sure there is enough coverage? Understanding which benefits are most important to you will help make a good value decision. The plan offered from a travel supplier may not be designed to fit your specific criteria; rather, it is more likely intended to be an easy decision at the time you book the trip. Make sure you find the coverage you want at a good price.
Money vs Voucher
Many travelers aren’t aware that some protection plans offered from the travel companies don’t actually pay claims with currency; instead, travelers may receive a voucher for future travel. This is the difference between “store credit” and a “cash refund”. To get full value, you would need to re-book a similar vacation with the same company. This may work for some, but it is limiting for many, as we will discuss next.
Multiple Bookings, Same Policy
It is increasingly more common for travelers to conduct their own travel research and act as their own booking agent. When someone books a cruise, flights and hotels online, but from different suppliers, do they have to purchase separate travel insurance plans for each booking? Fortunately, they do not. MH Ross travel insurance plans with emergency assistance services are able to include all of your trip costs, even if they are each booked through different companies. Don’t make the mistake of only buying cruise insurance from the cruise company and forgetting to insure the flight that you booked separately. Keep everything together and covered with MH Ross.
MH Ross travel protection plans include emergency medical benefits in the event of an unexpected injury or illness during your trip. Many other travel insurance plans offer this, but as secondary coverage. Secondary means that a medical emergency must be claimed with all other forms of insurance you may have prior to being claimed with the travel insurance. As you might expect, this can included much more paperwork and slow the entire claims process significantly. All MH Ross plans are primary coverage. This means MH Ross is eager to step in during your emergency medical situation and will not require you to involve any other insurance company you may already work with.
Cancel For Any Reason
Cancel For Any Reason is a coverage benefit that allows the most flexibility for you to decide whether or not to travel, if all conditions are met. The conditions are: the plan must be purchased within 15 days of the initial trip deposit date, all of your trip costs must be insured, the last chance to cancel is 2 days before the trip begins, and a claim can reimburse 75% of the unused and non-refundable payments. This benefit is included on the MH Ross Advantage Asset plan and Advantage Complete plan. Again, a travel supplier may offer this only for their travel services, or only with vouchers, if they even offer Cancel For Any Reason. Choosing an MH Ross plan with this benefit gives you the power of choice over your trip.
This information is an overview of coverage. Please always refer to your plan documents for specific information, or contact MH Ross, 24/7, we are delighted to help!