(NerdWallet) – Particularly considering the fact that the COVID-19 pandemic, vacation insurance plan has emerged as a will have to-have travel item. And even though it undoubtedly could be beneficial protection for quite a few styles of visits, there is a great deal about vacation insurance coverage that receives misinterpreted.
In most situations, journey insurance plan does not equate to automated refunds. There are typically oodles of paperwork to file to verify your situation, additionally rigid deadlines to adhere to. And typical excursion street bumps (like a flight delay), not to mention overall roadblocks — like a flare-up of an ailment you have by now been identified with — aren’t normally coated.
Below are 6 prevalent vacation insurance myths that appear up regularly and the truths behind them.
Myth 1: Vacation insurance policies is just health care insurance policies
Far from it. Most varieties of journey cancellation or