People booking their dream vacations often think they should get travel insurance in case of a need to cancel or illness. Before doing that, travel experts recommend you understand the ins and outs of travel insurance.
To begin with, it can be expensive, running as much as 5 to 6 percent of the cost of the trip. Second, read the fine print to understand possible restrictions. Plus, you may only get a portion of the trip’s cost instead of reimbursement for all of it.
Here are steps you can take to protect yourself and avoid the pitfalls of travel insurance:
- Be sure to use the right credit card, like a travel rewards card, that provides levels of protection;
- Book your stay at a place that will honor cancellations like hotels instead of Airbnb;
- Buy only flexible airline tickets that give you some wiggle room, like refundable tickets that may cost a little more.
Don’t totally discount travel insurance if you’re concerned about medical emergencies that require evacuation. That can cost much more than the trip.
Council of Seniors Works Hard for Senior Benefits
Sufficient retirement income can make travel dreams come true. That’s one reason why Council of Seniors is fully committed to getting Congress to pass The SAVE Benefits Act. Because the annual Social Security cost-of-living adjustment (COLA) has been insufficient over a series of years, we need this legislation to pass. The amount of $581 was withheld from seniors’ checks, and it’s time for it to be returned.
Sign our petition right now to help us show greedy politicians how important this bill is.
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