Travel insurance is the best way to protect your trip investment from the unexpected. Traveling is an exciting experience, and anything can happen while you are away from home. Our specially designed travel insurance plans paired with our world-class services provide you with the coverage and confidence you need to travel without worry. Wherever your travels take you, we offer coverage to protect both domestic and international trips. Whether you’re taking a cruise, studying abroad with a student travel program, or taking that family vacation that you’ve always dreamed of—we’re here to ensure you have the coverage you need.
IMG’s line of travel insurance products, iTravelInsured Lite, iTravelInsured SE, and iTravelInsured LX, provides varying levels of coverage for trip cancellation, baggage delay, trip interruption, medical benefits, and many other travel-related events and expenses. These plans were designed to protect you from financial losses should something bad happen before or during your trip.
Do I need travel insurance?
- Could you afford to lose your non-refundable, pre-paid travel expenses in the case of your trip being cancelled due to an unforeseen event (ex: death of a family member)?
- Are you traveling to a destination that may be affected by severe weather?
- If you were to get sick or injured on the trip, would you be unable to pay out of pocket for the necessary healthcare?
- If your flight is delayed or cancelled, would you seek reimbursement for the inconvenience and additional charges such as change fees?
- If your luggage is lost or stolen, could you afford to replace the missing baggage or personal effects?
If you answered yes to any of these questions, you should consider travel insurance. While trip cancellation insurance is not mandatory, some countries require proof that a traveler has travel medical insurance before allowing entry. Check out our blog post, "Is Travel Insurance Worth It?" for more information about travel insurance.
How much does travel insurance cost?
Travel insurance costs can range anywhere from 4 to 10 percent of your total trip costs.
Price varies based on how much coverage you’re looking for, and the reasons you’d like to insure your trip. If you’re looking for “Cancel for Any Reason” coverage or to insure a luxury trip, then iTravelInsured LX is the plan for you. iTI LX offers the option to cancel your trip regardless of the circumstances.** However, if you’re looking for more standard cancellation benefits, such as if an immediate family member falls ill and you need to cancel, then the iTravelInsured SE and iTravelInsured Lite plans may be the right plans for you.
What's the difference between travel insurance and travel medical insurance?
Travel insurance is a great way to protect your financial investment for your trip. Travel benefits can provide coverage for prepaid, non-refundable trip costs and some plans also offer limited medical coverage benefits.
Travel medical insurance is primarily used for short term medical coverage when you are traveling outside of your home country. Your domestic insurance plan often does not provide coverage for you in foreign countries. If you were to fall ill or get in an accident, you could have to pay out-of-pocket for those expenses.
Travel Insurance may provide coverage* for items such as:
- Prepaid, non-refundable expenses
- Trip cancellation**
- Travel delay
- Trip interruption
- Lost or stolen luggage
- Emergency medical evacuation*
- Accident and sickness medical expenses*
Credit Card Insurance May Not Cover You
Your credit card may boast about offering travel insurance benefits, but the reality is that they are simply a credit card company. They may offer some benefits with low maximum limits. For instance, if you miss your connecting flight due to a travel delay or your luggage gets lost, you may receive some limited coverage only for those items. If you purchase a travel protection plan through IMG, you are purchasing from a company whose specialty is travel insurance. To learn more, check out "The Truth About Credit Card Travel Insurance."
Recent Blog Articles
Top Travel Hacks to Save Money
We’ve all come to the realization that vacations and trips cost money, but we continue to take them because they’re worth it! In fact, we wish we could travel even more than we already do, which is why it’s fine to be as cost-conscious as possible while planning your travels.
Being cost-conscious could mean anything from choosing the cheapest stateroom on a cruise, to cutting the planned tour in favor of exploring on your own. Either way, you’re a budget traveler, and we can appreciate that. To assist you with your frugal ways, we’ve compiled our top travel hacks on how to save money when planning a trip, including a few tips regarding travel insurance and how to stay on budget while also protecting your investment.
Book your travel accommodations using the prepaid rate and then protect your payment with a travel protection plan. Many hotels offer the lowest possible rate through their loyalty member programs, and once you are a member, you will gain access to the prepaid rates. However, the prepaid rates generally have strict non-cancellation policies.
By booking the prepaid rate and purchasing a travel protection plan with trip cancellation coverage, you are not only protecting your prepaid hotel expenses, but other non-refundable, prepaid expenses such as lost flight costs or guided tours. Most importantly, you’re putting the money you saved on the hotel room to good use.
A 2018 airline study completed by CheapAir.com reports that the best time to buy a domestic U.S. flight is around 70 days prior to your departure.1 For international flights, it depends on your location. For example, a trip from the U.S. to Europe is expected to hit peak pricing around 160 days prior to departure.
There’s always the chance that you score a great flight several months in advance of your departure date, but the further out you plan, the more you’re exposing yourself to unexpected events. Try using those flight ticket savings by purchasing a travel protection plan, so if you’re planning to travel during hurricane season, you’re covered well in advance of any storms forming.
Have you ever wanted to travel overseas for a football game? Or maybe you’re going to be traveling to a Rolling Stones concert. Tickets to these hot events sell out quickly and often go on sale well in advance of the event dates. By purchasing a travel protection plan, if you cannot attend the concert due to a covered reason, you may be reimbursed for your non-refundable event tickets.
Only buy the accommodations and coverage you need. Consider the activities or expenditures that are going to “make or break” your trip and stick with the essentials. If you can cruise without the excursions, then maybe you can upgrade your estate room. If you haven’t invested too much money into your trip, then a travel protection plan may not be worth it. By being focused with your trip and coverage needs, you can avoid overpaying.