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The important difference between a vacation waiver and travel insurance

Even under the best circumstances, insurance and insurance policies can be complex. You almost feel like you need to have a University degree in Insurance just to be able to find the right product for you at the right price for you.

 And it’s safe to say that if you don’t get it right, the implications and the complications can be endless and, at times, frightening.

Nowadays, there is such a broad selection of insurance products – especially for travel –  that it just takes one slip in order to select the wrong product for the wrong purpose.

This article will add some clarity to an area of travel insurance that you may not have even heard of, the important differences between a vacation waiver and travel insurance.

And, from Money Magazine, this advice – “It is important to note that while some travel credit cards offer mild insurance coverage, it is often not comprehensive. If you lose your luggage, get stranded due to airline problems, or need to travel for family medical emergencies, you may be covered. However, it is very rare, if not impossible, to find a travel credit card that offers medical coverage in any capacity. If you’re looking for travel insurance, it is suggested you look elsewhere for a more comprehensive plan.”

See below for our partner World Nomadsoffering in travel insurance.

 
Read more at  elliott.org