How To Get Cheap Travel Insurance | Travel
“However, if your primary concern is covered by trip cancellation, such as canceling due to…
“However, if your primary concern is covered by trip cancellation, such as canceling due to an illness or a family member’s illness, you can be covered without spending the additional money to add ‘cancel for any reason,” says Benna.
Consider Buying an Annual Travel Insurance Policy
If you’re taking one or two trips a year, buying travel insurance for each one makes sense. But if you’re planning multiple trips, buying a policy for each one gets inconvenient and expensive.
Annual travel insurance policies are primarily designed to provide travel medical insurance for multiple trips, and at a better overall price.
Check Your Credit Card’s Benefits
Your credit card may offer travel insurance as a built-in perk. The key here is that you must charge the entire trip on that credit card.
“This benefit can include some cancellation coverage for trip expenses paid for with that card, in addition to coverage for luggage,” says Benna. He points out that instead of paying for a travel insurance policy, you can save money by relying on a credit card’s cancellation benefits.
If your trip expenses exceed the credit card’s coverage limit, you can buy travel insurance for the remaining amount, notes Benna. This will make the policy less expensive than insuring the entire trip cost.
