Although it may not feel like it, spring’s just around the corner…or at least spring break is. After making it through the winter, a spring break vacation is looking more appealing than ever! Quick cross-border weekend trip? Week-long luxe vacation? The options are endless!
As a savvy traveller, wherever you’re headed, you know you’ll need travel insurance—it’ll cover you for accidents and medical emergencies outside your home province…and even missed connections and lost luggage. And it’s definitely worth the cost. But we know even if you’re spending big on your trip, you’ll want to save money on travel insurance costs. Who wouldn’t?
To help you out, we’ve put together a list of some options for doing that. That way, you can spend your hard-earned cash on things like a hotel room upgrade, premium excursion or mouth-watering meal instead!
Looking for more ways to save money on spring break? Read 5 Travel Tips for Families to Save on March Break Vacations.
Choose the right travel insurance plan for your specific needs!
To start, think about the type of traveller you are, and make sure to get customized coverage for your needs. And remember, you get what you pay for. So don’t just look for cheap travel insurance—look for the most suitable coverage. Instead of worrying about every possible scenario, think about the perfect fit, and buy only what you need instead.
For the family traveller—Family Travel Insurance
If you’ll be travelling with a family of 2 or more this spring break or in the future, a family travel insurance plan will be the most economical option. The more people in your family, the more you’ll save!
An Emergency Medical family plan has all the same benefits as an Emergency Medical plan like:
- Hospital confinement and treatment
- Doctor’s services
- Emergency dental treatment
- And more
Also, it’s available in a Single Trip or Multi Trip Annual plan. And if you’ve got an annual plan, you can travel together with family members or separately as many times as you want during the year…and not have to worry about re-purchasing travel insurance each time.
Learn more about family travel insurance plans here!
For the traveller who wants it all—All Inclusive Holiday Package
If you love the thought of having coverage for all possibilities in one package, consider an All Inclusive Holiday Package—you’ll get all the perks…including non-medical coverage on top of your medical coverage for things like:
- Cancelled or interrupted trips
- Lost or damaged baggage
- Accidental death and dismemberment
- And more
With this package, not only will you get handy, comprehensive coverage, you won’t have a deductible on your medical plan, meaning you won’t have to pay if you have to make claim.
For the frequent flyer—Multi Trip Annual Travel Insurance
Live to travel? We do too! That’s why we love this option. If you’ll be travelling more than once a year, you’ll want to consider a Multi Trip Annual Travel Insurance plan. It’s cheaper than buying multiple Single Trip policies. And the more you travel, the more you save on travel insurance per trip.
With an annual plan, you’ll also save time. You won‘t need to worry about getting travel insurance every time you travel, but can leave the country any time with the confidence that you’re covered. Last-minute getaway, cross-border shopping trip, week of business travel? Check!
Tip: Another way to save money on travel insurance is to go with a higher deductible when you purchase your plan! The higher the deductible, the less you’ll pay for your travel insurance policy (premium).
For the globetrotter—Excluding USA plan
If you’re travelling internationally but skipping the US, you’ll want to consider an Excluding USA travel insurance plan. It’s less expensive than policies that include travel to the US! Medical costs are notoriously expensive there, and you’ll be offsetting some of those costs with your travel insurance premium. So if you’re skipping the US, skip paying for travel insurance to the US!
For the trip interrupted—Trip Interruption Insurance
If you’re worried about costs due to a disrupted or interrupted trip, think about getting a Trip Interruption Insurance policy. No need to get Trip Cancellation & Trip Interruption bundled together if you’re just worried about interruption!
Trip Interruption Insurance has got you covered for events that happen on your trip or after you’ve started travelling, causing you to disrupt or interrupt your trip…or go home earlier or later than your original return date.
For example, this insurance covers costs if one of your flights is delayed and you end up missing a connection. While delays are exasperating, knowing that costs for the following will be reimbursed by your travel insurance policy can reduce the sting:
- Internet service
So that’s the low down on travel insurance options that’ll help you save money on your next trip. Think about what kind of traveller you are before you buy—whether you’ll be travelling for spring break or later in the year!
Questions about what plans might be good for you? Post in the comments below!