Why Should I Buy Travel Insurance When My Credit Card Cover It?

My credit card company sent me a new card that promised me 3 times the amount of frequent flyer miles on my credit card purchases Single. I want to fly so that it sounded like a good deal. Overlooking the fact that I-have to pay an annual fee for miles thesis and the credit limit was lowered, I went ahead and signed up for the card.

So I’m looking for the Travel Benefits gives me my card and the problem is obvious: Why should I buy additional insurance

Here are my advantages:

  • travel and emergency assistance
  • car rental collision damage waiver
  • lost baggage fee
  • travel accident
  • Concierge Service
  • roadside dispatch
  • signature dining

Forget That thesis benefits apply only when you are using your credit card for the purchase of all of your travel. So if you use the money to pay for a taxi leaving the airport, and you are injured in an accident, you will not be covered.

SIMILARITIES entre credit card travel benefits and travel insurance

Lost Luggage Reimbursement . This type of insurance will reimburse you up to a certain limit per trip for loss or damage to either your checked luggage or carry-on baggage. HOWEVER, always read the exclusions section. Not all damage is covered or sufficiently covered. For example, reimbursed on my Visa card travelers get only $ 200 for gold jewelry fur Any lost or stolen. The best advice is to leave expensive items at home, and exclusions for what is and is not covered reading.

Travel Accident Insurance. This covers you for “accidental death and dismemberment,” better known as AD & D coverage. This is what it covers “any accidental injury that the only causes of the accident loss of life, limb, sight, speech or hearing while riding as a passenger in, entering or exiting Reviews Every Common Carrier,” as you while you in the airport and on the plane. Note that this insurance covers you only if you drive or from the airport or traveling –Other terminals, such as bus or train.

DIFFERENCES entre credit card travel benefits and travel insurance

There are considerable differences.

If the credit card company says the reimbursement of travel and emergency Note carefully the word “help.” They help by providing services only, not financial benefits.

So, what is missing in card services covered by That Is bought your travel insurance?

Medical and medical evacuation coverage . Purchased insurance Will your financial related medical expenses KEY on your trip, including exorbitantly expensive medical evacuation or political costs.

repatriation of mortal remains . This sounds grim, the goal when you die your trip shoulds, your family wanting to have your Will Remains brought` house.

Trip cancellation and trip interruption . This is a nice benefit of travel insurance covers financial and compensation for the costs associated with cancellation and interruption, such as the hotel bill or re-issue of a new journey ticket. Please contact your insurance company for benefits and exclusions.

Terrorism . Some companies will cover you in any country, regardless of location and regardless of whether the US government has issued travel advice. There are no added cost for this coverage.

Should I buy travel insurance?

Yes. It’s very cheap, and much more than what your credit card company.

It is worth to hear stories of travelers who take advantage of their travel insurance. A young man avoided a hefty $ 20,000 medical evacuation allowance when he was trampled by an elephant in a parade in Thailand Because He Bought $ 50 travel insurance.

benefit by purchasing travel insurance and –Other with your credit card company, such as concierge and signature dining, you can enjoy peace of mind and your next trip.

Source by Jeffery Gulleson

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