travel insurance

[Nutrioso]

:confused:We take several cruises a year. Two this year, four in 2007. Each time we purchase travel insurance. Surely there must be a policy out there to protect you which would cover the entire year's worth of cruises and yet be less expensive. Has anybody had experience with this? Would appreciate your advice. Thanks.:confused:

[Fblack]

I also cruise 4 times a year. One thing I learned, the longer you wait, the cheaper the insurance. As an example, I am booked on a cruise for next September. If I bought now, it would cost $584 for two people. If I wait until June, (the final payment date) the price drops to about $325.

 

The biggest issue is if you need insurance for a pre-existing illness. Some insurance requires that you book within 10 days of booking the cruise. Personally, I have given up worrying about pre-existing illness. Read the policy terms exclusions and decide yourself.

[jhannah]

Scratch.

[cruisequeen10]

We have a policy here for 1 year and you can travel up to 30 days at one time.

[cruiseco]

There are annual policies out there but they are mostly for frequent business travelers.

 

The problem with marketing an annual product for leisure travelers that includes coverage for trip cancellation and trip interruption benefits is that it's impossible to figure out what to charge. One traveler might be going on four three-night sailings at $299 each. Another traveler might be going on three Silversea 14-day sailings at $15,000 each. Without knowing beforehand all of the details of each person's travels there's no way the underwriters can come up with an accurate premium that's fair to all.

 

That's why most of the annual policies out there either have no trip cancellation/interruption coverages or a small maximum benefit of $1000 to $2000.

[cruiseco]

There are annual policies out there but they are mostly for frequent business travelers.

 

The problem with marketing an annual product for leisure travelers that includes coverage for trip cancellation and trip interruption benefits is that it's impossible to figure out what to charge. One traveler might be going on four three-night sailings at $299 each. Another traveler might be going on three Silversea 14-day sailings at $15,000 each. Without knowing beforehand all of the details of each person's travels there's no way the underwriters can come up with an accurate premium that's fair to all.

 

That's why most of the annual policies out there either have no trip cancellation/interruption coverages or a small maximum benefit of $1000 to $2000.

[cruiseco]

There are annual policies out there but they are mostly for frequent business travelers.

 

The problem with marketing an annual product for leisure travelers that includes coverage for trip cancellation and trip interruption benefits is that it's impossible to figure out what to charge. One traveler might be going on four three-night sailings at $299 each. Another traveler might be going on three Silversea 14-day sailings at $15,000 each. Without knowing beforehand all of the details of each person's travels there's no way the underwriters can come up with an accurate premium that's fair to all.

 

That's why most of the annual policies out there either have no trip cancellation/interruption coverages or a small maximum benefit of $1000 to $2000.

[AAAAmerican]

Variables exist.

 

Compare each and the total. Read the Policies well and make sure it is A Primary not a Secondary or Terchiary one.

 

As well make sure the firm is rated well in your State and/or Country.

 

WE us *****the DATA BAse here its FREE to compare then we book through them.

 

READ all the information you can as that is in your best benefit.:cool:

 

:confused:We take several cruises a year. Two this year, four in 2007. Each time we purchase travel insurance. Surely there must be a policy out there to protect you which would cover the entire year's worth of cruises and yet be less expensive. Has anybody had experience with this? Would appreciate your advice. Thanks.:confused:

[iamtrustworthy]

Variables exist.

 

Compare each and the total. Read the Policies well and make sure it is A Primary not a Secondary or Terchiary one.

 

Primary isn't better than Secondary. It only refers to the order in which a claim is paid.

 

Primary Medical Coverage means your medical bills are paid from the first dollar. No "coordination of benefit" claim forms need to be filed. This works best if the medical claim's less than the coverage amount. That's because even though you had insurance pay for part of the claim, when the Primary benefits are exhausted, your other insurance won't consider any deductibles or co-pays to be satisfied.

 

For example, here's what happens if you have a $70,000 medical claim with a travel insurance plan that has $50,000 Primary coverage:

1) You submit the $70,000 medical claim to the travel insurance. It pays $50,000 (its maximum)

2) You submit the remaining $20,000 to your medical insurance plan. Let's say it has a $5,000 deductible with a 20% copay.

3) Of the remaining $20,000 your medical insurance plan will pay $12,000 and you will be liable for $8,000.

 

Secondary Medical Coverage means your medical bills are paid after any other coverage you have pays their share. This means that Secondary coverage will pay any deductibles, out-of-pocket expenses or co-pays up to its coverage limit.

 

Here's a little detail that's good to know: Secondary coverage assumes you have other coverage that's Primary. If you don't have other coverage Secondary becomes Primary.

[dakrewser]

WE have an annual traveler's medical package thru American Express which covers all travel away from home - both business and personal. We'll book trip insurance for each occasion based on where we're going, how long we'll be there, etc. This works out better over all than just booking full insurance (medical + trip) for each vacation...