Traveling the globe can be an exciting experience, but it is worthwhile to look into travel insurance before heading out into the great wide world. Seniors, couples, solo travelers and even families are strongly encouraged to secure insurance coverage prior to traveling overseas. These policies can help defray costs associated with necessary medical care that your health care provider will not cover due to you being out of the country. Or, if your trip must be cancelled or delayed because of illnesses and injuries, then you can be reimbursed for costs you’ve already paid. John Hancock, Travelex, and Allianz all received top marks from our researchers, and come highly recommended. Read on to learn more about these options.
Top 3 Travel Insurance Companies
- John Hancock
John Hancock offers several types of insurance, including travel insurance. The Bronze, Silver, and Gold policies are the most highly recommended for this provider. Unlike some other policies, children are not included in the parents’ coverage and a separate policy will be necessary; making this a more expensive option for families traveling together. This policy will protect you on trips up to two months in length and covers illness as well as injury. If you are planning to engage in any extreme sports such as mountain climbing, bungee jumping, or parasailing, you will need to purchase an additional coverage rider. This is a great option for solo travelers or adults without children.
- Two-month coverage period.
- Affordable option for solo travelers.
- Comprehensive medical coverage.
Check out what Travelex has to offer! Take a look at the TravelSelect and TravelMax policies before you head on holiday with your children. Anyone under 21 will be included on the parent’s policy, making Travelex an ideal option for families. The six-month time frame makes this an option when families are making extended visits overseas for business or family reasons. Extreme sports coverage is available as an add-on if you are looking for adventures such as extreme water and snow sports and natural adventures such as mountain climbing.
- Children under 21 included in coverage.
- Six-month coverage period.
- Extreme sports add-on coverage available.
Take a look at Allianz’s Classic Plan with Trip+ if you are looking for extended coverage for you and your family. With year-long coverage, this option is perfect for students studying abroad, and families that are relocating overseas for a year or less. Allianz is known for their strong coverage and customer service and has a presence worldwide. There is no coverage available for extreme sports making this an inappropriate choice for adventure travelers.
- Coverage periods up to one year.
- Kids 18 and under are included.
- Allianz’s global presence.
Traveling overseas is exciting, but it can also come with challenges when it comes to health care coverage. In the event that a medical emergency or injury should occur, you will be glad to have travel insurance. John Hancock, Travelex, and Allianz all over great policies for both single travelers and families traveling with their children. If you are taking a holiday abroad this year, be sure to take a look at travel insurance before you go! This coverage is especially important for anyone engaging in extreme sports while on vacation. Don’t let the fear of injury stop you from living your dreams!