Do you need travel insurance?

Not every trip needs to be insured; however, if the cost, risk of illness, or potential for interruption has you feeling cautious, then trip insurance may be a wise investment. Asking yourself the following questions may help you decide:

• Are you traveling abroad or more than 100 miles away from home?
• Are you hyper-aware of the cost of your travel arrangements?
• Are you concerned an injury or illness of you or a loved one may affect your trip?
• Are you traveling during a heightened risk of severe weather, like the winter holidays or hurricane season?
• Does your trip include pre-paid home rentals, car rentals, or event tickets?

​When considering a plan, take inventory of the components of your trip. Pre-paid vacation home rentals, car rentals, and event tickets are unique items to insure, yet they can be costly if forfeited due to an unexpected circumstance. If these costs are added to the total pre-paid price of the trip, a comprehensive travel insurance plan could protect you if your trip should be canceled or interrupted.

What type of travel insurance plan do I need?
Whether you're planning a domestic or international trip, cruising or backpacking, driving or flying, there's an insurance plan for every type of trip. And like all insurance, a travel insurance plan will include many "coverages" to protect you and your investment.

When choosing a plan, identify your main concerns and budget. Most comprehensive plans will be similar, offering coverage for trip cancellation and trip interruption. However, when you start looking at travel delay benefits, baggage protection limits, and emergency medical coverage, you will see that there is a wide range of benefit limits.

How much does travel insurance cost?
Every plan, whether comprehensive, travel medical or something else, comes with unique coverage that affects the premium. In addition to the trip cost, it's important to recognize the age of the travelers, destination, and length of the trip often affects the premium as well. A lot goes into the price of the travel insurance plan you chose.

InsureMyTrip can help.
Travel insurance can provide peace of mind when you travel – guarding against cancellation of your flights, cruises, unexpected medical expenses, emergency evacuation, and lost luggage.
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To make buying travel insurance easier, visit LMC’s InsureMyTrip website to compare benefits, get quotes, buy policies, and save from the top-rated carriers.