Family Travel Insurance | Travel Insurance (2024)

FAQs

Does travel insurance cover all family members? ›

If you buy annual multi trip family travel insurance, every adult on the policy over 18 is insured to travel independently. You don't all have to go away together at the same time. Single trip family travel insurance policies will not cover solo travellers because the policy is designed to cover one family holiday.

Note that some travel insurance providers require all persons listed on the policy to live in the same state. You will likely need separate policies if any travelers live in different states. In most cases, all the monetary benefits listed on the policy are per traveler, not per policy.

The questions will vary depending on your condition. We may ask about your treatment, if you've been prescribed any medication, and any recent medical appointments. We will not need to know the name of the medications that you take. We may also ask you about what treatment you are expecting in the future, if any.

As a general guideline, it's wise to buy at least $100,000 in travel medical expense coverage. The most generous travel insurance plans provide $500,000 per person for emergency medical expenses. Other good plans have ample medical coverage of $250,000 or $100,000 per person.

Most travel insurance policies won't pay out if you're negligent while under the influence of alcohol or drugs, and have an accident or have property stolen.

Can you travel separately on couple travel insurance? With a single trip policy, you both need to be travelling together in order to be covered. However, if you choose annual couples travel insurance, both adults named on the policy can travel indepenently.

We at the MarketWatch Guides team awarded Allianz Travel Insurance 4.1 out of 5 stars based on our provider review methodology. Named our pick for concierge services, Allianz offers 24/7 travel assistance through a multilingual team, which can help policyholders with travel and coverage issues while abroad.

There are two main types of travel insurance: trip protection plans and travel medical plans. Trip protection protects U.S. residents while traveling within the United States and abroad and is important if you don't want to lose the money you paid for your trip if you must cancel, interrupt, or delay your trip.

We named Nationwide travel insurance as our pick for the most coverage reimbursed. It offers 100% trip cancellation coverage and up to 200% trip interruption protection, depending on your plan choice. Nationwide also provides some of the best policies for cruise ship passengers, based on our review.

The most common reasons for claims in the U.S. were respiratory illnesses, injury and fractures.

How soon before a trip should you get travel insurance? ›

Though you can buy travel insurance before you book your flight, it's actually better to wait until after you reserve your seat on the plane. This way, you'll know your ticket price and can make sure your travel insurance will cover the full cost of the ticket, in case you need to file a claim later.

Travel insurance may not cover incidents related to pre-existing conditions, high-risk activities without specific coverage, or some events occurring under the influence of drugs or alcohol.

For single-trip travel insurance, the start date should ideally be the same day you book your holiday to ensure you're covered for any eventualities, like trip cancellations. For annual travel insurance, the start date should be the day you book your holiday.

Travel insurance is not one-size-fits-all, so the price and conditions of a plan will vary. However, it may be useful to understand pricing guidelines to plan your travel insurance purchase. In general, you should expect a plan will cost anywhere from 4%-10% of your total pre-paid, nonrefundable trip cost.

How much travel medical insurance do you need? Squaremouth, a travel insurance comparison site, recommends buying at least $50,000 in emergency medical coverage for international travel. For travelers going on a cruise or to a remote destination, the site recommends at least $100,000 in coverage.

Annual multi-trip travel insurance isn't only ideal for frequent solo travellers – it can work for globetrotting families, too. Most travel insurance providers allow you to include multiple people (who are considered family or dependants) under the one policy, which may end up saving you money.

It depends on the provider but in many cases, policies can cover a group of up to 10 people travelling together, or even more – whether that's your extended family, a group of friends or even business colleagues. And you'll usually get a discount for insuring everyone under the same policy.

Group travel insurance is a single policy that covers groups of 10 or more. Everyone in the group must have the same itinerary and travel to the same destination. Shop early and compare quotes to get the best deal. Compare travel insurance coverage options and rates with SquareMouth.

Trip interruption insurance reimburses you for unused, nonrefundable costs in the event you must cut the trip short and return home for a covered reason, including a family member's sickness or death, terrorism, inclement weather or a natural disaster, among others.