Travel Insurance Companies: Have A Hassle-Free Trip
- Travel Lifestyle Tour Guides
Donna Hussain- 0
- 7 minutes read
If you are spending hundreds of dollars to book a tour, it makes sense if you purchase travel insurance. Travel insurance secures your investment for any trip if you have to cut or cancel your journey for several reasons like weather, illness, or any other reasons. There are many travel insurance companies that offer these packages and here is a list of 5 such companies. Read the article to know more about how you can secure your travel funds and make your dream of traveling come true.
5 Best Travel Insurance Companies Of 2022
Since there are many options available in the market when you are looking out for travel insurance, we have made your job easy. We have shortlisted the top 5 travel insurance companies in India and also travel insurance international companies from which you can choose the one that suits your criteria.
Travelex
Travelex Insurance Services is a popular travel insurance operator that is based in Omaha, Nebraska. It provides several insurance plans that depend on the coverage required for your trip. Policies are laid forwards by Berkshire Hathaway Specialty Insurance company, which has been awarded with an A++ rating from AM Best and AA+ from Standard & Poors. This travel insurance company offers coverage to its customers globally. The pricing of this company is competitive in the market and children who are under the age of 21 are insured without any extra cost.
Allianz Travel Insurance
Allianz Travel Insurance is a subsidiary of Allianz Group, which traces its roots back to 1890 in Germany. Travel policies of this company are laid forward by insurers with AM Best ratings of A to A+ and can only be availed by the legal U.S. residents. This is the best travel insurance for 2022.
Travelers who wish to hit the road multiple times every year should take into consideration annual travel insurance rather than single per-trip policies. Allianz Travel provides four varied annual plans with different benefit levels. Their AllTrips Executive plan is recommended, which has the biggest limits and coverage.
Insuremytrip
This company was founded in 2000. It is a travel insurance comparison website that looks at over 20 insurers who are using one intake form. It provides an easy-to-use signup option and comparison tool to compare multiple policies quickly that are based on your specific requirements. Filters are also available to choose policies that cover higher limits, adventure sports, increased medical coverage, and many more.
A quotation for a family of four people to take a 14-day trip that costs approximately $4,000 and includes hotel and flight expenses resulted in three recommended plans with costs of around $100 to around $400 for different levels of protection. Basic features include luggage coverage, travel delay, and also medical care.
World Nomads
World Nomads is a good option for those who are searching for adventure. This Australia-based insurer is a great choice for global travel with few excluded activities. The policies are laid forward by different insurers that include financially strong and well-known Generali Global, Nationwide Mutual Insurance Company, AIG, and Lloyd’s.
HTH Worldwide
HTH Worldwide was founded in 1997. HTH Travel Insurance provides plans with a high amount of medical coverage which is a big concern for elderly people leaving the country, as they could end up visiting a doctor’s office or hospital with an expensive bill to pay. HTH Travel Insurance provides up to $1 million in complete medical coverage.
Policies for travelers with prevailing primary insurance enjoy 100% coverage for some common hospital charges, including tests, surgery, inpatient hospital stays, office visits, and prescription drugs outside of the United States, along with other coverages.
Conclusion
To come up with the options of top travel insurance companies, the major portion of focus includes the claim and limit of the policy, coverage options, the typical cost of the insurance policy, and what is being covered. This list will allow you to choose from a concise option of bests in the market. Just match them with your criteria and go ahead.
