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How to Choose Travel Insurance in 2020 | Know what's covered (and what to look out for!)

I and welcome back to the channel if

you're new here my name is Megan and I

create videos with actionable tips and

hacks to help you make the most of your

next trip when it comes to travel

insurance yes it's all a little bit

different but there are typically four

main types that you should be looking

for I'll briefly breakdown each category

into simple human terms so you can get

an idea of what's covered and what you

should be looking for so you can get as

much coverage as you need without paying

any more than you need to all companies

are different in what they will cover

and how much they will cover this video

is a generalization of what may be

included in each category and potential

exclusions you should be on the lookout

for I'm hoping my stories will be a way

to convince you to get travel insurance

without having to lecture you on the

fact that you should get travel

insurance which you really should at

least medical please get medical which

is the first one will cover emergency

medical coverage can reimburse you for

the cost associated with medical

treatment for an illness or injury while

you are outside of your home country

this could include coverage for the

medication you need treatment you have

to get the hospital stay and even the

ambulance that's going to get you to

that hospital I was hiking in the Rocky

Mountains with a friend from Australia

he had travel insurance thank God but we

were up there ten hours into the hike he

ended up in a rock slide broke his leg

and had to be airlifted by a helicopter

off the mountain at helicopter ride

alone would have been thousands of

dollars but he thankfully did not have

to pay for you'll want to read your

policy very carefully because there were

a lot of exceptions as to what's going

to be covered in circumstances where

things won't be covered it's often not

covered if something happens and you've

been taking recreational drugs or

alcohol so if you drank too much and

you've alcohol poisoning you might not

be covered

another exclusion is any pre-existing

condition that is not stable or under

control

a pre-existing condition is an injury

illness disease or other medical

condition that occurs prior to travel

for which you've had symptoms and sought

a diagnosis medical treatment and ER

a new prescription or there's been a

change in your prescription she here is

that it's something known so if you book

a physical one week before your trip and

then your doctor diagnosed will see you

with high blood pressure and you have a

complication with this high blood

pressure while you're on your trip you

may not be covered however if you went

on that trip didn't have the physical

before didn't know you had high blood

pressure and had a complication with it

you probably would be covered if you're

not having any health concerns you may

not want to go for your checkup right

before your trip so that's the risk you

have to weigh the pros and cons on and

make the decision for yourself obviously

any non-emergency medical events if you

go to the doctor for a check-up while

you're abroad not going to be covered

also every policy is a little bit

different as to what activities are and

aren't covered definitely check this out

because you may be surprised what's

considered an adventure activity like

snorkelling and then you're not covered

for any injuries associated with that

activity another one that's often not

covered is if you're doing something

that's considered reckless or if you're

putting yourself in some sort of

unnecessary risk I swear when traveling

across Asia every other person I meet

has been in some sort of motorbike

accident or complications so even if the

law says you don't need to wear a helmet

or you don't need a license and you

don't wear a helmet and don't have a

license and drive that could be

considered and should be reckless

behavior by your insurance company and

you probably won't be covered for it not

being covered for unexpected medical

expenses abroad especially depending on

what country you're traveling in can

literally bankrupt you so definitely

read the policy and consider getting

emergency medical if you're going to get

any type of travel insurance also know

that it doesn't have to be expensive I

use safety wing and it cost me less than

a dollar fifty a day

Chadd saved me hundreds of dollars in

2019 I'm thrilled to be partnering with

them on this video to be able to share

those service with you while I've

personally never had to make a claim

they have great reviews for their claims

process and the policy is administered

by Tokyo marine which is one of the

largest insurance companies in the world

safety wing is the most flexible travel

insurance I've come across for long-term

travellers because they have all of

these benefits that most insurance

companies don't offer you can buy safety

wing once you've already started your

trip and then you can stop it whenever

you decide to finish your trip this

means you don't have to pay four months

worth of insurance up front there's no

cap on the duration of travel and they

cover almost every country you could

possibly be traveling to safety wing is

completely in line with my mantra of

getting as much coverage as you need

without paying any more than you need to

they exclude things that the average

traveler doesn't need like cancer

treatments or high-risk sports to keep

the price low without sacrificing their

service or quality you still get 24/7

emergency support and if you have any

questions they have this awesome chat

system on their website yeah

they know me I literally use this every

time before a trip to just clarify a few

things even if I'm just taking a short

trip safe doing is still my go-to I

spent nine days in Mexico and my total

cost was under twelve dollars that is so

worth it for the peace of mind and just

one little incident it's paying for

itself it's also great if you're going

away on vacation with your family

because you get one kid under ten free

with every covered adult up to two kids

safety wing is who I trust and will

continue to use in 2020 but a great tool

to help you compare the best plan for

your travels would be ensure my trip

safety wing isn't on this directory but

it was the tool that I used to compare

safety wing to the dozens of other plans

out there before I made my decision next

we have category number two which is

emergency evacuation and repatriation I

will keep this one short and breeze

through the rest of these category

because they're not quite as complicated

as the emergency medical insurance is

well they kind of are but I also know

you don't have all day so I will make it

happen

emergency evacuation and repatriation

usually covers emergency medical

evacuations international security

evacuations so if there was a terror

attack or a natural disaster and then

repatriation of your remains back to

your home country what that means is

that the insurance company will cover

the expenses any arrangements necessary

to get covered body of the insured

person back home to their family not

something you want to think about but

also important and when it comes to

emergency evacuation check your policy

to see where you are evacuated to some

policies will evacuate you back to your

home country so that's paying for a

pretty big flight while others are going

to evacuate you to the nearest place of

safety that's a big difference you also

may not be covered for emergency

evacuation if there's an ongoing or

known event in the country that you're

traveling to an example of this would be

this ongoing volcano that is erupting

not erupting I don't even know what's

going on with it now in Bali yeah people

are still traveling there it may be

considered a known event that there is a

volcano and it is not safe to go there

and therefore your coverage if you

needed a flight out of the country an

emergency situation would not be covered

what I recommend you do is to think

about where you're going if you have any

questions at all send in a very detailed

email your exact travel situation the

policy you're getting and ask

point-blank if you will be covered or

not this way you have it in writing and

you will have the peace of mind and you

will know they should get back to you

quickly and if they don't then pick a

different travel insurance because this

is something that you need to know

category number three is trip

cancellation and trip interruption these

two are usually packaged together and

give you financial protection on the

prepaid and non-refundable expenses of

your trip trip cancellation is going to

refund you of the non-refundable

expenses if you don't go on your trip at

all while trip interruption is going to

pay you for any unused portions of your

trip that you've prepaid for and don't

complete trip cancellation can refund

your trip expenses if

cancel the trip before leaving for a

reason covered by your policy some

policies are limited to reasons that you

are allowed to cancel like if there's a

terrorist attack in the destination

severe weather or a death of a family

member or even if you're too sick to

travel but there's also another type of

upgrade you can usually get which is

canceled for any reason insurance which

is exactly as it sounds you can

literally cancel for any reason so if

you're fighting with your travel partner

and you no longer want to go on the trip

you can cancel if you ended up not

getting the ways you were expected for

your Christmas bonus and you can't

afford the trip you can cancel this is

an upgrade and it's going to cost you

more but may be worth it based on your

specific situation trip interruption

begins the day you leave for your trip

and reimburse you for any unused trip

expenses they also will cover the cost

of any additional transportation

incurred if you need to return home

early

both trip cancellation and trip

interruption become more important if

you have prepaid for a lot of the

different expenses on your trip however

if you are flying to Asia and just

backpacking around and winging it

without all these prepaid accommodations

it may not be worth it moving on to

category number four which is theft or

loss of your personal belongings this

refers to coverage if your possessions

are lost stolen or damaged during your

trip this category can include baggage

insurance electronics and gear coverage

travel documents like your passport or

your driver's license and sometimes even

money baggage insurance covers travelers

in two instances it will either

reimburse you for any clothes medication

or other essential items if your baggage

is delayed in arriving to the

destination so if you arrive at an

airport and your bags don't anything

that you need while you were waiting for

your bags can be reimbursed by the

company baggage insurance is also going

to cover you up to a specific amount to

reimburse you for any items if your

baggage is lost so if it's not just

delayed but you literally never get it

back you'll receive a certain amount of

money to replace those items that were

lost in the bag in addition to delayed

or loss of baggage you can often find

policies that are going to reimburse you

for any damage loss theft of your

personal items gear electronics

sometimes even money

not usually this is one of the toughest

travel insurance categories that you can

claim for it because there are a lot of

exclusions like leaving your gear behind

not keeping an eye on your things and

then they get stolen

leaving your gear in an unlocked car or

if you don't get a report from an

authority every travel policy I've seen

requires a report from an authority of

some sort so this could be a police

report or it could be a report from the

bus Authority if you were riding on that

bus while your camera was stolen you

also need to prove that the item was

yours and what it was actually valued at

which is going to deteriorate from what

you bought it at based on the wear and

aged weather you incurred a loss to your

gear or to your baggage you also have to

keep in mind that there are often going

to be limits per item so if the per item

limit it's $500 and then the maximum

full baggage limit is $2,000 and you had

a $2,000 laptop inside of your luggage

and your luggage was lost you're not

going to receive $2,000 back the most

you'll receive due to the per item limit

is going to be $500 based on the limits

put on by policies and then a difficulty

in actually claiming and proving the

value of the item it may not be worth

insuring your gear I had a friend that

was traveling with a Kindle e-reader he

left it in his hostel it was stolen he

went through this entire process got the

report from the police officer only to

be reimbursed $15 for that Kindle

e-reader so think about the gear what

you have think about what it's worth and

see if it's going to be worth insuring

for you by this point in the video you

should have a good idea of generally

what you should be looking for in a

policy that you're considering I'm

hoping it will help you decide so you

can get all the coverage you need

without paying any more than you need to

you may want to check out some of the

videos right here because they will

definitely also help you prepare for

your trip and then hit my face to

subscribe down here because I would love

to see you back on the channel again

next week until then all the best and

happy travels