Travelers who need more coverage can compare and buy a policy from a third-party insurance provider, like those available on squaremouth.com. These policies can reimburse all prepaid and non-refundable travel expenses, such as airfare, hotels, and tours.
No Option to Cancel For Any Reason
Many travelers want the flexibility to cancel without needing approval from a credit card or travel insurance company. Unfortunately, the standard Trip Cancellation benefit only reimburses travelers who cancel for specific reasons, such as illness, death, severe weather, or terrorism.
For travelers looking for the broadest coverage, some third-party policies offer Cancel For Any Reason to partially reimburse them to cancel for reasons that are not covered by the standard Trip Cancellation benefit.
Medical is Typically Not Included
Most credit cards do not have coverage to treat medical emergencies during a trip. There are some exceptions, but they offer low amounts of medical coverage.
Squaremouth recommends $50,000 in Emergency Medical coverage and $100,000 in Medical Evacuation coverage for international travel, and higher amounts for cruises or remote travel. To get complete coverage for the lowest possible price, travelers can stack a third-party policy on top of their credit card’s built-in insurance.
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ABOUT SQUAREMOUTH
Squaremouth compares travel insurance policies from every major travel insurance provider in the United States. Using Squaremouth’s comparison engine and third-party customer reviews, travelers can research and compare insurance products side-by-side. More information can be found at www.squaremouth.com
Available Topic Expert:
Steven Benna
[email protected]
(727) 619-7262
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/when-your-credit-cards-travel-insurance-isnt-enough-says-squaremouth-300482067.html
SOURCE Squaremouth