Bonanno Financial Advisors LLC logo

250 Osborne Road, Colonie, NY 12205

Phone: 518-438-1835

 

Website: www.bonannofinancialadvisors.com

November/December 2019

The Ins and Outs of Travel Insurance

If you book a trip for the holidays, you may want to protect your financial investment with travel insurance. All travel insurance, however, is not the same, so you should look for certain features that you may want as part of any travel protection you buy.


What Qualifies
Examine the events a policy will cover, such as trip cancellation due to illness or a death in the family, a missed connecting flight or a natural disaster. Many policies will not, however, insure your trip’s cost if you cancel because your boss needs you.


What’s Covered
It pays to understand what’s covered by your travel insurance. Will it reimburse you for lost luggage? How about medical costs incurred overseas (because your health insurance may not cover them) or even a medical evacuation? You may need to buy a separate health insurance policy to pay for medically-related costs incurred abroad, but talk with your existing health insurer first to see if you’re already covered.


What’s Not
When buying travel medical insurance, make sure every country you plan to visit is included. Also check to ensure any coverage includes preexisting conditions.


Some policies will reimburse you for other events, such as theft involving your belongings and your identity, and a few will reimburse you if you cancel a trip for any reason. Read your travel insurance policy’s fine print to make sure you get the coverage you want.


SUBSCRIBE

Enter your Name and Email address to get
the newsletter delivered to your inbox.

Please include name of person that directed you to my online newsletter so I can thank them personally.


CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Registered Representatives offering securities and advisory services through Cetera Advisor Networks LLC, member SIPC/FINRA, a broker/dealer and Registered Investment Adviser. Cetera is under separate ownership from any other named entity.
Bonanno Financial Advisors LLC and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.