Insurance is a big topic for most travelers. There are some things one needs to know about insurance, so as to avoid paying for coverages one does not need or want, as well as purchasing the policy that will give one the least aggrevation should one have to make a claim.
1-Is the policy a primary or secondary payer? Many policies are secondary insurers, meaning they will pay only after any other insurance you have will pay. In some cases, that means having your homeowner or even auto insurance paying for some things before they will pay. Secondary coverage increases the time it will take for a claim to be paid and certainly increases the amount of paperwork. Trip Mate( the insurance Grand Circle provides ), is primary for their cancel for any reason, but secondary for other coverages.
2-Do you really need all the coverages you are paying for? Many top of the line policies will offer coverages that you will never have a need for depending on your trip. A good example is evacuation insurance. If you are going to a first world, and even some third world countries, will you really need $1,000,000 evacuation insurance, for example? Likely not, so why pay for something you don't need, when a lses generous coverage limit will be more than adequate. Another goodexample is the 'cancel for any reason clause.' We have found that to be a luxury which is rarely needed. Examining the policies that do not offer this, one discovers that most of the covered reasons( natural disaster, illness, death, transportation delay of more than 24 hours for example ) are really the reasons one would have to cancel a trip, so why pay for something you will never need. In short, decide that you're going on the trip and will cancel, essentially only if an Act of God requires it, and those acts are universally covered reasons.
3-Do you need only medical insurance and not a package policy, or only trip cancellation or baggage insurance and not medical? The package plans sold don't give you that opportunity, but a knowledgeable travel broker will. Dan Drennan Managing Director of the Travel Insurance Center, 1-866-979-6753 is a travel insurance broker frequently mentioned in International Travel News, a travel publication written by travelers for travelers, with no professional writers getting freebies to take the trips they write about. Of course, there are other travel brokers you can call, but we mention his name because we've heard it so much by so many pleased clients. If you simply want medical insurance, ask him about the Betty James policy, a bare bones policy offering good coverage at a rock bottom price.
4-Shop your policies, if you do it yourself and don't go through a broker. All policies are not created equal, and all certainly do not cost the same.