In the wake of recent natural disasters, political instability, and other turbulent current events around the world, travelers should consider going abroad with some type of travel insurance, including travel insurance for South America.
Although many travelers do not want to pay the extra expense or don’t think they need travel insurance, a good travel insurance policy can give you peace of mind, and can help you out with unforeseen events. Plus, there are several options for those who are looking for flexible travel insurance for South America policies.
Verify Eligibility for Your Home Country
First, look for travel insurance that covers citizens from your home country. If you are from the United States or Canada, you are eligible for travel insurance from TravelSafe, a company that we recommend. For citizens of other nations, Columbus Direct is worth checking out, along with Square Mouth.
US & Canada Residents:
Citizens of Other Nations:
Read The Fine Print
Travel insurance policies vary from cancellation-only to all-inclusive. Cancellation-only will cover the cost of the trip if you have to cancel for any reason. Medical expense/emergency assistance policies generally provide a 24 hour hotline that you can call in case any medical problem occurs while abroad. Lost or stolen luggage policies are also available. Comprehensive plans are the most expensive but they offer you total security in the case of any unforeseen events, medical emergencies, or flight cancellations or delays. As with any insurance policy that you consider, read carefully the fine print. Make sure that you are aware of any policy exclusions and the duties that you have to assume in case of making a claim.
Compare Apples to Apples
To make sure that you receive the correct type of travel insurance, compare at least five different travel insurance quotes. This may take some time, and it is up to you how much time and effort you want to invest in picking the right travel insurance. Don’t spend more time comparing travel insurance than you do planning the vacation itself. A website like insuremytrip.com allows you to compare and contrast major travel insurance companies – but please note that this website is not comprehensive, and so there are a lot of reliable insurance companies not listed there.
Dispel Myths About Travel Insurance
One myth that many travelers assume is true is that their credit card companies and/or their travel agency are essentially travel insurance companies and that they will take care of you in your time of need. While it is true that some major credit card companies will assume the costs of a stolen credit card, it is unlikely that they will do much beyond that. Also, travel agencies are not travel insurance companies and cannot protect you in the way that travel insurance companies can. A travel agency specializes in planning, quoting, booking, and arranging your vacation, while a travel insurance company will provide you with certain services if an unlikely event disrupts your travel plans. To travel safely and securely, book your South America tours with a reliable travel agency, and then ask your travel agent to recommend a travel insurance company.