Every time we travel there is a risk of mishaps and complications. Currently, travelers have a wide range of cheap travel insurance they can choose from, but sometimes too many options can be overwhelming. How do you know which one suits your needs?
At Heymondo, we explain what you should take into account to find cheap travel insurance that doesn’t affect the maximum protection you are entitled to.
What does cheap travel insurance cover?
Travel insurance offers you essential medical coverage so that you can be cared for abroad 24 hours a day, without paying for these expenses upfront.
In addition to 24-hour medical assistance, it also includes coverage for theft and damage to your luggage, delays or last-minute cancellation of transport, repatriation and early return, travel expenses of a family member or companion in the event of hospitalization or death, and civil liability…
Depending on the needs of each traveler and the type of trip, you will be able to find different travel insurance options, from policies with comprehensive all-around coverage that allows you to customize it to your needs, to cheap travel insurance that covers just the essentials.
What is the average cost of travel insurance?
There are many variables that affect the price of Travel Insurance. Going on vacation for 5 days to Italy is not the same as spending two months in Peru.
To make it easier to understand, here are some examples with different rates, depending on the destination and duration:
|Country of residence||Destination||7 days||15 days|
|United States||Europe||$40.08 USD||$80.48 USD|
|Country of residence||Destination||Heymondo Annual Multitrip|
|United States||World||$231.81 USD|
Factors such as the duration of the trip, the number of people insured, the destination of the trip, or the selected coverages can condition the final price of the policy. By taking these variables into account, it will be easier to find cheap travel insurance that covers all your needs.
Which insurance is best for traveling?
When organizing a trip, travel insurance tends to be left to the last minute. So, we are going to give you some options to help you decide on cheap travel insurance quickly and easily:
If you are going to take a short-term temporary trip, look at our Single Trip, specially designed for travelers who are looking for insurance for a specific trip. So, it includes medical expenses, repatriation, luggage, delays, and cancellation, among others. Electronic equipment and Adventure Sports are optional.
If you are a frequent traveler and take more than 3 trips a year, the best option is the Heymondo Annual Multitrip policy since it offers you coverage for all the trips (up to 60 days long) you take in the next 12 months at a very competitive price. So, by insuring for a very long period of time, the price per day and insured person decreases, making this option more profitable.
For long-term trips (+90 days), we recommend the Heymondo Long Stay, which is initially contracted for 90 days with the possibility of renewing it at your own pace for as long as you want and from anywhere in the world at very competitive prices.
Is it worth getting travel protection?
Overall, unforeseen events can arise anytime, even when you are on vacation. That is why it is so important to buy travel insurance that protects you from all possible incidents in this new health situation.
When we travel, incidents or unforeseen events difficult to solve can occur if we don’t have the appropriate resources. Health comes first, especially when we are away from home. In times like these, travel insurance has become essential for travel, but knowing which coverages are best suited to each traveler and how they can help us can be confusing. To make it easier, we have also written an article in which we talk about 9 reasons why it is advisable to travel insured.
Do credit cards have trip insurance?
Typically, credit card travel insurance only covers the expenses that you charge to that specific card. And because different cards have different travel insurance policies, it’s important to read the fine print in your card’s terms and conditions to understand your coverage levels.