What Is The Difference Between One Way Insurance And Full Coverage Insurance

When traveling, especially when going abroad, it is often fundamental to have an insurance policy for your trip. When going to foreign countries that you often know little or nothing about, it is very important to do all you can to insure your trip goes as planned, with as few setbacks as possible. Unfortunately, unplanned events that are completely out of our control often come up, this is one reason why insurance policies are a necessary part of traveling. Whenever preparing for a trip, be sure to consult your travel agent about insurance plans and fees.

Your regular insurance plans for medical problems will not do you much good in a foreign country, and if you are far from home and an emergency comes up, it is good to have an insurance policy. An insurance policy that covers your travels will often cover all kinds of emergencies, whether they involve the need for medical care while you are abroad, or an emergency back home requires immediate attention and you are forced to cancel your plans and return immediately – your insurance policy will cover the cancellation fees and take care of providing the quickest means for you to get home. These are just a couple examples of the many unexpected events that may occur while you are traveling, making insurance a very useful thing to have while on a trip.

There are many different plans and prices for traveling insurance, travel agents will often offer you an insurance plan when you are purchasing tickets or preparing for a trip. If they don’t, be sure to ask them for a list of insurance options.

Some trips, such as student exchange programs, require an insurance policy for the student to be accepted in the program.

Depending on what kind of trip you are making, there are different types of insurance plans. One way insurance is specifically designed for you in the event you are not returning to the country you are leaving from. For instance, if you are returning home after an extended stay abroad, or moving to another country, a one way insurance policy will insure you all the way there, and often permits some traveling around as you make your way to your final destination. In the event of an emergency, your insurance will see to it that you get to your destination. For further details about one way insurance coverage, be sure to consult your local dealer.

Full coverage insurance will cover your entire trip, whether to one country or several, all the way until you are safely home again. Despite the term full coverage, there are different plans within the term, at a range of different prices and extent of coverage.

Both full coverage and one way insurance plans have several different options of plans available. When planning your trip, consult your travel agent about the different plans in order to decide which best suits the trip you are planning.

Travel Insurance – How To Get The Best Value Travel Insurance

If you are an occasional traveler you’ll probably buy your insurance from the travel agent. But if you travel more than twice a year, it is much more cost effective to have one insurance lasting all year round, than buying one every time you travel.

Think ahead, plan ahead. Annual travel insurance easily pays for itself with just a couple of trips. But not all insurances are worth the same and as always cheapest is not necessarily the best. More on this later.

Annual travel insurance is not compulsory but it gives you the peace of mind case of illness and loss or damage to property and many other events. Where is the best place to buy annual travel insurance?

1. Your bank is probably the first place you’ll try. Banks have in recent times become highly competitive and in order to retain your business, may offer better rates. For example my bank has upgraded my checking account to a premium account and for that I pay $20 per month.

As a result I get several privileges including free, worldwide, comprehensive travel insurance. But here is the best part … I get all this free travel insurance not just for myself but also for any member of my family traveling with me including my parents and siblings.

I said free because I am already getting other benefits which are worth a lot more than $20 per month if I were to buy them individually. I also save a lot of time as I never have to look around for insurance. So don’t ignore your bank.

2. Credit card companies also offer similar insurances, with some added advantages. In case of theft or loss of your credit card, they will supply you with an emergency one, often within a few hours.

In addition to travel insurance offers, there is another advantage in checking your credit card company’s terms. If you book your travel using your credit card, pretty much all card companies give excellent cover against many of the things that can go wrong.

Some credit card companies also have specialist travel departments which not only give you travel discounts but also give you even better protection, i.e. better travel insurance and at a much lower cost. But note that all insurance offers exclude you making a claims, for the same item, to multiple sources even if you do have multiple insurance cover.

For example, let’s say you have bought travel insurance separately and you have bought your travel ticket using your credit card. If your luggage is lost, you can almost certainly make a claim to either of the two sources but not to both at the same time.

The reason is that the insurance companies have suffered massive fraud in recent years. Allowing multiple claims simply encourages fraudsters to have multiple insurances and make multiple false claims.

For example, they can take an already damaged suitcase on a long journey knowing that it will fall apart. They can then claim damage and loss of property from multiple insurers.

3. Insurance companies are a popular and obvious source for annual travel insurance. If you drive a car or have home insurance get a quote from your insurance company. Remember, because you are already a customer, your car insurance often entitles you to a very good discount.

Here’s a tip: if they don’t give you a competitive insurance, tell them that you will be looking else where for a good package. Let them know you will be looking for a package that includes great home insurance, excellent travel insurance and also good car insurance.

Listen, fear of loss WILL make them bend over backwards for you and if they don’t? Here’s another tip: When you talk to any other source to get your competitive travel insurance, make sure you mention your other assets that you could be insuring with them, such as your car, home, home contents, etc.

This won’t work with travel companies but works absolutely beautifully with most insurance companies. I have done it many times and saved myself thousands of dollars, yes thousands, over the last few years.

The insurance industry is massively competitive. For once, this works in favor of the “little guy” (you and me), so let’s use it.

4. Certain types of home insurance may also give annual travel cover. Do look into pretty much any insurance cover you have. Some home insurance policies include some forms of travel cover including loss or damage to your property while away from home.

Tip: even if you live with your parents, ask them to check their policy for you. You will be amazed to see that even “your” property is covered while away from home.

Just one word of caution: do not assume what is covered or the level cover. If you are not sure just ask the insurer. If the cover they describe seems even better than what you expected based on the policy document, then do ask them to put their clarification in writing.

Why? When any major loss occurs, the insurer will send a local expert to assess the damage. These guys are called loss adjustors. Their job is to save money for the insurance company. And I tell you from bitter personal experience, they take no prisoners.

They will screw you down to the ground, if you don’t get things in clear black and white writing. Just do it. It takes minutes to request clarification in writing but can save you thousands of dollars when you have one of these mean loss adjustors arguing with you over the policy.

5. You can also buy last minute travel insurance from travel agents and airlines at the airport. Expect to be taken advantage of, heavily! Needless to say, this is one of your most expensive options. Just avoid ending up with this option, see to your insurance long before you need to travel.

Now here’s the thing. Travel insurance policies are not all identical. As well as considering price, you absolutely must read the terms and conditions carefully. For example, the upper age limit of some insurance companies may vary.

Some companies may limit the number of annual trips, whilst others may have no limit at all. Look, most travel insurance policies cover a range of events and claims. But as they say, the devil is in the detail.

The problem you will definitely face with some really cheap policies from unknown and possibly disreputable companies is what they put in the fine print. You know what I’m talking about? … all those tiny little statements they put on the back of the form? Or if you are buying insurance online (and you should), notice all those pages of really small text they ask you to agree to?

Well, that’s where they bury lots of little conditions and limitations. Most people don’t read all the terms. Do yourself a huge favor and on this occasion, do read it all. If the insurance policy terms are full of “weasel words” or complex language, just move on and do not buy.

All insurance companies are quick to point out how many millions you can claim in “total”, in case of a serious accident. But they all limit the amount per item within your claim. So claims for loss of cash will be capped and so will claims for electronic devices, clothes, etc.

This means that with the cheaper policies you will have a really low limit. For example, if you claim for a mobile phone and an MP3 player, you may find that the limit on personal electronics is not enough to even pay for “one” of those devices, let alone both. Don’t wait for an unfortunate event to show you the flaws in a dirt cheap policy. That is the worst time to find out and it is a time when you need the most help.

What must all policies cover?

1. Loss or damage to property and cash

2. Flight delays or cancellation

3. Accidents

4. Sickness

5. Your expenses when an event ocurs

6. Your potential liability to other people

7. Legal services

In comparison to your total costs, annual travel insurance is only a very small item. If you are covered for any eventuality, you’ll have less to worry about, which will translate to more relaxation and enjoyment.

Traveling Around the World With a Guide

Sometimes, you only get one chance to make the most of your travels. You really never know when you are ever going to get to come back to a city or country. In fact, I’ve been to cities that I am no longer allowed to visit now. Policies have changed and the world has changed. I’m glad I visited them while I had the chance.

By the time I was stationed in Japan, I had traveled all over half the world. It was my time to travel all over the other half. I took nearly three weeks one summer and just blew my wad of cash on these traveling arrangements.

Travel Itinerary: 1993

Hong Kong – May 13 to May 17

Manila – May 18 to May 21

Ho Chi Minh City – May 22 to May 24

Singapore – May 25 to May 29

Thinking that the next time, if ever, I get to visit Hong Kong, it will no longer be a British Colony, I made plans to travel there when I was in Japan. I had friends in Manila who had retired from the Navy. I had met them while I was in the Marine Corps.

History took me to Ho Chi Minh where my uncle fought in Vietnam. But, Singapore had been calling me since I was a kid. Commercials on the television, pages in my geography books and posters in every Asian food restaurant I ever ate had beautiful pictures of the land. So, I put it on the itinerary as my last stop for my vacation in 1993.

I could go home for Christmas.

But, the summer was for seeing the world.

I called a travel agent and made the arrangements. It wasn’t until I actually landed in Hong Kong and started trying to get around that I realized I should have hired a travel guide. A travel guide is nothing like a travel agent because a guide goes with you and knows where all the greatest places are. A travel agent only gives you an itinerary and provides you with travel arrangements.

Travel agents are capable of providing you with quality discounts while you’re traveling. You’ll know what restaurant to go to because you might have a pass or a coupon that gives you a nice discount on your food. You’ll know where to stay because lodging is cheaper. A travel agent can also make sure you have the proper travel insurance. But, a travel agent most likely knows little else about the place you are traveling.

When you hire a travel guide, you are hiring an expert. You are hiring someone who knows Hong Kong and Singapore like the back of their hand. You can look in any brochure and find the highlights of any city. But, you probably already know about the Floating Restaurant in Aberdeen Harbor or about the Ocean Park and Water World where kids can play in huge pool parks. That’s what everyone knows about Hong Kong.

But, a guide can show you so many other interesting things that very few travel agents even know. Did you know about the kayaking trips in Hong Kong? Have you ever heard of the Al Fresco Restaurants and Caf├ęs where you can eat outdoors? And what about the nightlife? Would you be able to find your way to Club No. 9 or the Hei Hei club? A travel guide could get you there in a minute.

Travel guides have been around for a long time and plenty of people use their services. But there are still some people on the outside who don’t know about this little insider secret. Guides are all over the place. There might be a guide in your city who knows where you are going and what to do when you get there. Spending the extra cash on a guide will save you trouble in the long run.

Travel Insurance in a Package – CSA and HTH Travel Insurance

Two of the best known names in the travel insurance industry are CSA and HTH travel insurance. Both of these insurance companies have been around for a while insuring tourists and business journeyers alike. They both offer packages that will protect the investment you have made regarding your travel package.

Keeping your Money Safe while Traveling

When you are spending money for a trip, you will want to make sure that the money is safe by insuring your travel plans. And more often than not, the more you spend on travel arrangements and the riskier your trip is, the more money travel insurance will cost you. Both CSA and HTH are insurance providers that weigh the risks of your venture with the premium. Not everyone gets the same flat premium for their coverage when they are using these companies. Nor do they get the same coverage. Everything depends on the type of travel that you are doing and the type of coverage that you desire.

Comprehensive Travel Insurance with CSA and HTH

CSA is a name that is known to most travel agents and is one of the most popular insurance companies that is used today. You see, most travel agencies will try to get you to sign up for insurance just in case you cancel on your trip or because of inclement weather that may prevent you from taking your trip. And although you may think you don’t need such coverage, in the end, it’s you who benefits.

For instance, CSA is one of the companies that will protect you against poor weather when you are going on a trip where they expect the weather to be good. The amount for which they offer insurance depends on the type of insurance that someone is getting and the likelihood of something going wrong. CSA is a company that will weigh out the risks of the insurance and balance it with the cost of the insurance.

HTH is another provider that specializes in medical coverage for those who get sick while they are on vacation. HTH also takes into consideration the chances of the person getting sick as well as the general health of the person being insured. HTH also considers your travel destination when preparing a quote.

Quick and Efficient Service with CSA and HTH Insurance

When it comes to claims, CSA and HTH are both known to handle them quickly and effectively. If you need to make a claim, you just have to provide proof of a loss and present this to the insurance claims adjuster so that you can get your money back. Of course, neither CSA nor HTH will insure a traveler based upon their enjoyment of the trip. Losses that are incurred during a trip have to be concrete losses that can be proven on paper when you are making a claim. It’s all quite fair really. And yet, nothing can compare to the peace of mind you’ll get knowing you are fully covered during your trip.