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SAVVY TRAVELER Travel Insurance

TO BUY OR NOT TO BUY. HERE ARE SOME GUIDELINES. Before you travel, especially internationally, check with your

Do you have flight insurance? If your luggage or valuables are lost or stolen by the

regular health insurance provider and

credit card company to determine what’s covered and not covered, and then decide if you need additional insurance or a supplemental policy. Consider the most expensive out-of-pocket costs

you might incur. For example, medical evacuation to the U.S. can easily cost $10,000 to $20,000. Does your current health insurance policy cover this, and will it pay for foreign doctors and hospitals directly? Medicare does not cover these costs. Tere’s a family emergency and you have to cancel

your trip that you’ve already paid for. Do you have trip cancellation or trip interruption insurance?

airline, hotel or cruise line, are you properly covered? If you miss your flight or it’s cancelled and you

have to rearrange your entire itinerary including ho- tels, tours, etc. Your airline or tour company goes out of business

or can’t deliver the itinerary you’ve already paid for. Can you get reimbursed and for how much? You’re going on a “high-risk” vacation…mountain

climbing, scuba or skydiving…Are you covered in case of an accident? You have a car accident or are injured in a rental

car, especially when traveling internationally. Are you covered by the rental car company or do you need a supplement?

Te best and most hassle-free

way to obtain trip insurance after you’ve determined what’s covered is through your travel agent, tour op- erator or directly through a reputa- ble travel insurance company. Tey can sell you a package that includes all or most of what you believe you will need. Some of the most estab- lished companies include Travel Guard, Allianz and Travelex. Insurance prices vary widely and

most packages cost between 5 and 15 percent of the total cost of your trip. Rates can change significantly depending on your medical condi- tion or age, and policies often vary by state. Te bottom line: If you’re over 50

and traveling internationally, you should probably purchase insurance. Whatever you decide, use a reputable travel agent, tour operator and insur- ance company, ask a lot of questions and read the contract’s fine print.

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