Can I Get a Refund For a Travel Insurance Policy?

Sep 14, 2021

One thing I've learned in my life is that most companies won't refund your money if you decide to cancel your travel insurance policy. In addition, if you have the misfortune of getting caught in a fraud, then you may not be able to get your money back. So, when it comes down to it, there are really no good reasons to get travel insurance, other than the fact that you have to pay some sort of fee to use the insurance. If you're traveling to an area that is considered high risk, such as the Car ...read more

Travel Insurance Tax Deductible - Do You Know What it is?

Nov 11, 2021

Travel insurance coverage is a very popular topic these days, especially with all the talk of the upcoming recession and all of the problems that may arise when planning a long distant journey. When deciding on what type of policy to purchase, one should first consider the different types of plans that are available and the differences in price and coverage from one provider to the next. When you are looking for the best travel insurance coverage, it is important to do your homework and check a ...read more

Is Travel Insurance Tax Deductible?

Dec 6, 2021

Whether you purchase travel insurance for business or pleasure is another question. While travel medical insurance is a tax-deductible medical expense, the cost of trip cancellation and interruption insurance are not. However, the amount you can deduct depends on how much of your trip is business-related. For example, if you're visiting clients, attending a conference, or taking a training course, you can deduct the cost of the conference and the travel expenses related to that. For most travel ...read more

Can I Get a Refund for Travel Insurance?

Dec 31, 2021

Most travel insurance policies will allow you to cancel within 15 days of purchasing coverage. However, this is not always possible. If you are forced to cancel your trip due to an epidemic or other circumstance, most insurers will offer a full refund of your premiums. The catch is that you must do so within 15 days of purchasing the policy. During this time, you can only request a refund if the epidemic or other cause of cancellation was your fault. Most travel insurance policies will reimburs ...read more