7 Myths of Travel Insurance

Passport? Check! Credit card? Check! Toothbrush? Check! Travel insurance?

When traveling as a group, it's important to check off your list. A key travel component people often neglect is to secure travel insurance—and several myths and misconceptions may keep travelers from investing in a worthwhile plan. Travel insurance experts with Travel Insured offered Groups Today their insight on the importance of protection.

MYTH 1: Travel insurance is too expensive.
Actually, travel insurance can be quite affordable. Often, the insurance plan is relative to the trip cost—and when broken down amongst a group, could be even less expensive. A 10-day trip and a $100 travel protection plan, for example, would cost only $10 per day.

MYTH 2: The airline will provide all the necessary coverage.
Airlines might get you and your group on the next available flight, but they won't guarantee a hotel, meal or rebooking costs incurred by an extremely long delay. That alone can get rather costly for more than one person. Travel Insured notes that protection could help with costs related to a delay and more, depending on the plan.

MYTH 3: The extra expense is too much.
Travel insurance plans are a small percentage of overall trip costs. Many customers of Travel Insured feel the extra expense of travel protection is a small price to pay for the coverage and security they have while traveling. It's better to be safe than sorry!

MYTH 4: Travel insurance isn't needed for short trips.
The chances of an accident or medical emergency are the same whether you and your group are away for a few days or a few weeks. Travel insurance can help if someone would need to stay in a hospital in a foreign country.

MYTH 5: If you cancel your trip, you're refunded.
Most prepaid travel expenses cannot be refunded without travel insurance. If something happens ahead of a trip, or an event is missed or canceled, a travel insurance plan may help you recoup some or all your group's money.

MYTH 6: If you have a credit card, you don't need travel insurance.
Credit cards may offer some protection, but not at the amount of coverage a true travel insurance plan would provide. Travel insurance through credit card companies usually only covers certain travel incidents or costs that were paid for with that card.

MYTH 7: Purchasing travel insurance for a group is too difficult.
Purchasing a protection plan is no more difficult than placing an order for your favorite pizza.

Travel Insured offers group plans for adults and students, for 10 or more travelers—including family groups. Its non-age-based group plans provide excellent pricing and benefits for anyone, no matter their age. The Travel Insured Customer Care department is conveniently available to answer your questions, around the clock, every day of the year. Call 800.243.3174 to learn more about travel insurance.

By April Simone Stevens, Contributing Writer for Groups Today.

This article originally appeared in Groups Today.