Travel Insurance is one of the most misunderstood parts of planning a trip. From social media posts to advice from friends, there are plenty of misconceptions about what travel insurance does, and doesn’t cover.
Before your next trip, here are a few common myths worth clearing up.
Myth: Travel insurance covers every situation
Travel insurance provides valuable protection, but coverage varies by policy and provider. That’s why it’s important to compare plans carefully and understand the benefits, exclusions, and coverage options that best fit your trip.
Myth: My credit card provides all the protection I need
Some travel credit cards include travel-related benefits, but they may not provide the same level of protection as a standalone travel insurance policy. For example, medical coverage, emergency medical evacuation, and trip cancellation benefits may be limited or unavailable depending on the card.
Myth: I can cancel my trip for any reason
Standard travel insurance generally covers trip cancellation for covered reasons. Travelers looking for additional flexibility may want to consider optional Cancel For Any Reason (CFAR) coverage, which is available with some policies and typically reimburses a portion of eligible, non-refundable trip costs.
Myth: Travel Insurance is only for international trips
While international travelers should understand what medical coverage they have abroad, travel insurance can also be valuable for domestic travel. Flight delays, severe weather, lost baggage, or unexpected illnesses can affect trips close to home just as easily as overseas vacations.
Understanding your travel insurance options before you leave can help you choose coverage that fits your destination, trip cost, and travel plans.
For more answers to common travel insurance questions and tips for choosing the right policy for your trip, visit USTIA’s FAQ page.
