Traveling Protective

Traveling Protective

Travel Insurance: Worth or Waste?

So what do you know about Travel Insurance?

Initial thoughts are probably, "Just more money to spend on top of an already costly trip, why the hell would I want to do that?"

Unfortunately, your initial thoughts on travel insurance would be completely off base and could ultimately cost you more than the initial perceived cost of the travel insurance. Oh the irony. In fact, the American Traveler increased their travel protection purchases from 2008 to 2009 by 13%, despite economic recession. 90% of those travel insurance purchases were to protect against trip cancellations, the most popular fear of travelling, by far, for American Travelers.

"People are now more knowledgeable about the unpredictable nature of their everyday lives, which can be affected by natural disasters, terrorism or even an illness in their family, so they are drawn to solutions that will mitigate these problems," says Jon Ansell, UStiA Immediate Past President. "Savvy, experienced travelers know the value of travel protection and assistance, and use it to improve their overall travel experience.

"At the same time, we are concerned about how few people realize their healthcare policies provide very little, if any, out-of-country medical coverage, and some don't cover you if you are traveling more than 100 miles from home," Ansell noted.

Clearly, travelers are beginning to wise up to the advantages and mental comfort that comes with purchasing travel insurance. For information's sake, one out of every 6 persons who buy travel insurance have actually filed a claim at some point. By comparison, the claim frequency rate for homeowners insurance in 2004 (last available date) was 7.3% or one out of every 14 policyholders, according to the Insurance Information Institute.

TravelMark, in addition to online travel deals and vacation deals world, has realized the importance of safe and secure travel for its customers. In an effort to provide the most complete customer service available, TravelMark has teamed with TravelSafe, a trusted name in the travel insurance world for almost 40 years, to offer great travel protection deals with policies of all different coverage and prices.

So when you start your next round of vacation planning, visit TravelMarkllc.com for the best cruise deals, vacation deals, and hotel deals on the web. Then, check out our travel protection page for the best travel insurance options and policies available. You can never be too careful when it comes to your family's safety and the protection of your hard earned money spent on travel.

About the Author

Alex Rood is a Travel Professional in Miami, Florida

Why do Asian people wear protective masks in public or traveling on planes?

Hypochondria, and the irrational hope that a mask will stop a pandemic virus.