Holiday Travel Travel Insurance

The family booked a cottage last summer, arrived safe and just loved the cottage. However, on the second day of their two-week stay, Mom got a call saying her father was seriously ill and not expected to live. The family packed up and returned home, and unfortunately her father died a few days later. After the funeral, the landlord called the owner of the cottage and asked what kind of money they could expect because they only used 2 days to make a 14 day reservation. The owner refused to pay any money back on the grounds that she was relying on rental income to pay for the cost of her cottage and she was always fully booked through the season. She failed to find a last-minute lease replacement and as stated in the lease agreement; if that were the case, the money would not come back. Of course, the rental group did not have travel insurance, which would probably cover travel restrictions due to illness and / or death of a close relative. The rent cost the family over $ 4000 and they could not get a penny back.

Many people believe that travel insurance is only necessary if a flight is involved; where delays, baggage loss and the risk of aircraft crashes are covered; and health insurance is required in a foreign country. It is not considered important or not considered at all to buy insurance that covers the route of a trip to a self-help home in the same province or the same state.

Think again! Most cottage reservations are made several months in advance and many things can happen after you book to change your circumstances. Illnesses of any traveling party member, dismissal or jury summons are just some of the situations that would be covered by a travel insurance policy. Several insurance companies also offer a "change of mind" clause, allowing you to cancel for any reason after the reservation has been made and paid in full. This usually pays an amount sufficient to cover any cancellation fee that the rental agency or owner can rent.

When booking rental accommodation, carefully check the cancellation policy of the property owner or agency. If it's not clear, ask a question. Generally, most private owners and rental agencies will try to re-book the property if it is canceled and refund your money for the period they have booked, minus the cancellation fee.

The premium paid for travel insurance becomes less significant, the more you pay, however it pays off at any cost, for your mind.