Sunday, March 11, 2018

Deciding Whether You Need Travel Insurance


Club Newport assists both individuals and professionals in planning their ideal vacation or business trip by offering significant savings on travel arrangements. Enrollment unlocks access to the members-only portal where travelers can enjoy the convenience of online shopping and booking by viewing the thousands of available resorts, hotels, cruise excursions, and car rentals from around the world. Each purchase accumulates reward points that can be used for future travel or gift cards and is supported by the Club’s unique 110% best price guarantee.

Beyond significant savings, benefits of membership also include guest passes, full-range concierge services at no additional cost, and bonus resort stays starting at only $49 A WEEK! Travel has never been more affordable and rewarding than with a Club Newport Vacation Membership.

Aside from finding the best deals and accommodations for your trip, an important factor to consider before booking is whether or not to purchase travel insurance, and which kind. Here are a few points you may want to consider before making a decision.

Assess the financial risks of an unexpected situation. Since many flights and hotel bookings are either non-refundable or become non-refundable after a certain date, you might consider travel insurance that permits you to cancel for any reason. This may be particularly beneficial for any trip that you’re planning well in advance (6-12 months). Should you need to cancel your trip for an unforeseen reason, this insurance will refund your expenses.

Trip interruption insurance is another option that could help you recover costs. This type of coverage reimburses non-recoverable expenses associated with having to cut your trip short or significantly change your plans once you have already embarked.

In addition to the logistical portion of the trip, consider what would happen if you fell ill while traveling. Medical travel insurance protects you by paying any medical expenses should you suffer an accident or get sick while on your trip. Some medical plans don’t provide coverage outside of your own country, so it’s important to speak with your insurance representative before deciding if extra insurance is needed. In the case of extreme emergency, medical evacuation insurance covers the cost of transportation to a hospital or back home via a private transport service.