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Travel Insurance - What You Need to Know Before Travelling Abroad Fairbanks AK

If your health insurance already covers you for travelling abroad do not buy travel insurance. It's pretty much that simple. Having said that, there are times when you can make use of this product. If your current health insurance does not cover you when you travel abroad, you should be considering coverage.

Insurance Group of Alaska
(907) 276-9700
505 W Northern Lights, 216
Anchorage, AK
Alternate Phone Number
907-276-9700

Jesse Dewar State Farm Insurance Agency
(907) 644-7997
5915 Lake Otis Pkwy #2
Anchorage, AK
 
Allstate Insurance Companies
(907) 479-9000
3677 College Rd
Fairbanks, AK
 
Stevens Brian W
(907) 458-0101
Fairbanks, AK
 
Bolton Bill and Patsy
(907) 452-7777
205 B St
Fairbanks, AK
 
Todd Jackson State Farm Insurance
(907) 345-0214
1330 Huffman Road, Suite E
Anchorage, AK
Alternate Phone Number
(907) 345-0214
Services
Auto Insurance, Home Insurance, Condo Insurance, Renters Insurance

State Farm Insurance
(907) 456-7787
Fairbanks, AK
 
Allstate Insurance
(907) 479-9000
3677 College Rd
Fairbanks, AK
 
Allstate
(907) 474-8002
3576 Airport Way
Fairbanks, AK
 
Alaska USA Insurance Brokers
(907) 452-6891
1292 Sadler Way
Fairbanks, AK
 

Travel Insurance - What You Need to Know Before Travelling Abroad

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Travel Insurance

Travel insurance is basically a limited time health insurance specifically for when you are travelling.

Most people do not need this kind of insurance, although your travel agent will always try to sell it to you. Why? Because they make a good commission on the sale of this product.

If your health insurance already covers you for travelling abroad do not buy travel insurance. It's pretty much that simple. Having said that, there are times when you can make use of this product. If your current health insurance does not cover you when you travel abroad, you should be considering coverage.

Keep in mind that travel health insurance is a very expensive type of health insurance, and dollar for dollar, you can do better. You might even want to call your current health insurance company to see if they can provide you travel insurance at a better price than what is offered through your travel agent.

Why is travel health insurance a bad deal? In most cases, if you are covered by other health insurance any claim to your travel health insurance will be sent back and you will be referred to your primary health insurance FIRST. This is what happened to me - I bought travel insurance and then found out that they only pay what is not covered by my existing health insurance! The travel insurance didn't pay for my care abroad upfront - they only looked at a claim after the fact. Then I had the fun of trying to get my travel insurance company to recognize that there was a currency difference and get the right amount from them. Further, by the time I finally got my travel insurance claim (partially) paid by my own health insurance company, I was too frustrated to try to get the difference from the travel insurance. The difference was too small to warrant my time.

In my case, the travel insurance company won. They got their premium and they didn't have to pay.

So, when DO you buy travel insurance? In most cases, travel insurance is only warran...

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