Why Do I Need Travel Insurance?
Travel insurance protects you from the unexpected. You hope that everything will run smoothly on your vacation, but mishaps or accidents do happen.
How Does Travel Insurance Work?
- It is recommended to purchase your travel insurance plan when you pay your first deposit for your trip. The earlier you purchase travel insurance, the sooner you have protection for your vacation. Read your policy document to find out when coverage starts depending on your selected bonus coverage.
- In exchange for the amount you pay, Travelex will provide you with coverage against the mishaps and accidents included in the plan. Limits apply to each plan type. For example: if your baggage is lost by the airline upon your arrival at destination, the Basic plan provides up to $500 and the Select plan provides up to $1,000 of coverage. The policy documents you receive will also have a complete list of plan exclusions and limitations.
What Am I Covered For?
- Coverage limits vary depending on the plan you choose. If you’re just looking for essential travel insurance coverage, we have our Travel Basic plan. For travellers looking for coverage with higher benefit levels, we have our Travel Select plan.
- Generally speaking, you’re covered for unforeseen events on your journey that fit within the items specified in your policy. We recommend reading your policy carefully to ensure you’re satisfied with the levels of coverage. Our plans come with a ‘15-day free look’ period where you can cancel the policy if you have not departed on your trip or filed a claim.