Do You Need Travel Insurance?

May 2, 2018

As temperatures rise here in the valley, many local residents begin their season of travel and adventure.

Travel insurance is intended to cover your actual financial loss when your trip is interrupted.

Do you need it? It depends.

Our recommended insurance philosophy is “sweat the big stuff”…lost luggage isn’t big stuff.

On the other hand, if you have a cardio event in a foreign country and need medical evacuation, that’s a different matter.

Covered “actual financial loss” refers to things like medical expenses, medical evacuation, loss of prepaid travel fees, replacing lost luggage, etc. It does not include pain and suffering from a baby crying in the seat next to you.

Covered “interruption” refers to issues on your end (sick, death in family, jury duty, lost job) and issues on the travel side (flight cancellations, weather delays, lost luggage, political unrest). It does not include a last minute change of mind about a trip.

Common exclusions are preexisting medical conditions, traveling to receive medical care, injury caused by reckless behavior, travel into a known event (like hurricane) and travel to restricted dangerous countries.

Travel insurance for a single trip typically costs 5-7% of your trip cost.

Passport 360 from Chubb is a full-year travel policy that provides 24/7 coverage on an unlimited number of trips for one year. If you’re a frequent traveler, especially overseas, Passport 360 is worth considering.

Carrie Babij is President of Desert Insurance Solutions in La Quinta, and has more than 25 years’ experience with high net worth personal and commercial lines of insurance. For more information, contact Carrie at

Last modified: May 2, 2018

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