Round Trip travel insurance policy is generally purchased while individuals plan for holidays or cruise vacations. It offers a wide range of benefits that include trip cancellation, interruption or delay, repatriation or emergency medical evacuation, any other emergency assistance for medical reasons and loss of baggage or personal belongings.
Hence, every individual who purchases this round trip travel insurance policy can have a worry-free travel as emergencies such as loss of baggage, accident or sickness is taken care. You can insure your non-refundable trips so that you can obtain a refund for the money spent for non refundable expenses in case your trip gets canceled due to unforeseen circumstances.
Round Trip Choice travel insurance plan offers enhanced benefits for travelers looking for additional coverage amounts. The insured can also claim for non-refundable travel tickets expenses by opting for the cancel for any reason benefit.
Round Trip cancellation insurance can be purchased by residents of United States or individuals looking for beneficial travel health insurance coverage within the United States. Dependents can also be covered under this medical insurance plan in case they are less than 19 years of age.
The policy is generally valid for up to 30 days from the effective start date unless the insured chooses to purchase for additional days. Travelers should cover the entire trip including air fare in order to be eligible for the trip cancellation benefit. Under all circumstances, the reimbursed amount would not exceed the initial payment for the trip.
The effective start date of round trip cancellation insurance plan begins on the midnight of the receipt of completed enrollment form either by paper application, mail or fax along with the initial premium. The eligibility of most of the benefits starts right from the effective date of the travel cancellation insurance plan.
Emergency assistance, trip cancellation services, cancel for any reason benefits (optional) are some of the coverage that the insured is responsible for immediately after the effective start date of the insurance plan.
Trip delay reimbursement or missed flight connection (optional benefits) can be claimed if they occur during the to and fro of the covered trip. The insured is entitled for collision damage waiver from the day of departure. After the effective start date, this benefit is valid for 30 days (unless the individual purchases for additional days in advance) or when the trip that has been covered ends (whichever occurs first).
Ray Sondeo often writes about travel insurance.