CF Insurance
Travel Insurance
Travel Insurance
Travel insurance is a type of short-term policy tailored to safeguard you against financial losses and medical emergencies while traveling. It provides peace of mind whether you’re taking a short domestic trip or heading abroad for business, vacation, or study.
From flight cancellations to unexpected hospital visits overseas, travel insurance steps in where traditional insurance might not apply. It’s especially important for travelers going to countries where U.S. health insurance isn’t accepted—which includes most international destinations.
The goal of travel insurance is simple: protect your trip investment and your health, no matter where you’re going.
Top Reasons to Buy Travel Insurance
Many travelers only consider insurance when booking expensive trips—but even a modest itinerary can turn into a costly setback without coverage. Here are the most common reasons people choose to insure their travels:
Why Travel Insurance Matters:
- Trip cancellations due to illness, injury, or emergencies
- Medical emergencies abroad, including hospitalization or evacuation
- Lost or delayed baggage (with reimbursement for essentials)
- Missed connections or interrupted travel plans
- Travel delays due to weather, strikes, or natural disasters
- Accidents or injuries while engaging in covered activities (like skiing or hiking)
Especially for travel health insurance USA and international plans, medical benefits are key—since most health plans offer little to no coverage overseas.
Types of Coverage and Benefits
Travel insurance can be tailored to your trip’s needs and length. Plans usually fall into the following coverage categories:
| Coverage Type | What’s Included |
| Trip Cancellation | Reimburses a non-refundable amount if you cancel due to a covered reason |
| Trip Interruption | Covers unused portion of your trip if you must return early |
| Emergency Medical | Pays for urgent care abroad, hospital stays, and ambulance services. |
| Emergency Evacuation | Moving to the nearest qualified medical facility (or back home) |
| Baggage Loss/Delay | Compensation for lost items or essentials during the delay |
| Accidental Death & Dismemberment | Lump-sum payment in severe injury or death abroad |
| 24/7 Assistance Services | Travel and health hotline access for emergencies and rebooking |
How Affordable It Really Is
Travel insurance is usually priced as a percentage of your total trip cost—typically 4% to 10%, depending on age, destination, and coverage limits. You can also opt for standalone medical-only plans, which are even more cost-efficient.
Sample Cost Estimate (for a $3,000 trip):
| Traveler Age | Basic Plan | Comprehensive Plan |
|---|---|---|
| 25 | $90–$120 | $150–$220 |
| 45 | $110–$160 | $180–$250 |
| 65 | $140–$190 | $220–$300 |