Have the ashes from the recent Iceland volcano eruption clouded your travel plans?
Granted, being stuck in an airport in Amsterdam or Dublin isn’t the worst thing in the world, especially if you’re young, cash-liquid and aren’t pressed for time getting back to the U.S.
But what about the rest of Americans? Reality dictates that being grounded in London has ramifications for thousands who are due in Los Angeles the next day — and for other tens of thousands of travelers traveling via U.S-Euro points of call.
Theoretically, that’s where travel insurance comes into play. First off, any overseas traveler needs to factor in a potentially angry Mother Nature — and that means getting travel insurance. According to Insuremytrip.com, the cost of overseas travel insurance is about 4%-8% of your entire trip.
That’s not exactly cheap, but it can be valuable when you need it. The same Web site says that you can get between $150-$250 a day with good travel insurance if something goes awry — like a mushrooming volcanic ash over the skies of Europe that grounds your plane in far-off places like Paris, London or Amsterdam.
What should you do if you find yourself in such a situation? Here are three tips:
Also make sure to check for coverage if your trip to Europe is canceled outright due to Iceland’s volcanic ash. Most travel policies pay out 100% for things like non-refundable deposits and airline fares. Again, the clock comes into play here — check your travel insurance policy to see at what point your travel insurance payout begins.
Traveling overseas without insurance is a big risk. Anyone who’s stuck in a European city without it these days can attest to that.
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