There are many ways to purchase travel insurance for your next trip, but there are many benefits to buying your travel insurance online. This article will go over the different advantages of purchasing travel insurance online.
Why should you buy travel insurance online?
- Immediate and accurate quotes
- Buying travel insurance online is instant
- Access to your policy information
Buying travel insurance online give you immediate and accurate quotes
When you go online to purchase travel insurance, you benefit by getting immediate and accurate quotes for your specific trip. Whether you purchase the policy directly from the travel insurance company, or use a comparison engine, you are getting a real-time quote that is unique and accurate for your trip details.
Many insurance “quote” sites (home, auto, life, etc.) ask you to enter your information, only to say that someone will contact you shortly with a quote. That usually means they have sold your “lead” information to several companies or agencies, and each one will call or email with a quote. Sometimes this happens the same day; sometimes it will take days or you will never get your quote at all.
Travel insurance is designed to be quoted and purchased online. Since it is a temporary insurance product, the “underwriting” process is simpler and immediate issuance is available. So, if you are looking for travel cancellation insurance, you enter your trip information, some personal information like age and place of residence, and they can give you an accurate quote to the penny.
Buying travel insurance online is instant
As mentioned above, the “decision” process for travel insurance is simplified because it is a temporary product. You aren’t buying a 30-Year Term Life policy, so they don’t need to know about smoking habits, etc. You simply provide your trip information, some personal information, get your quote, and buy right away using a credit card.
You heard correctly. You can use a credit card to purchase a travel insurance policy online. When you find the right policy, simply enter your card information on the secure payment page and purchase the travel insurance plan. You will typically receive an email confirming your coverage, and many companies will send an actual policy in the mail. (NOTE: A printout of the confirmation email is typically sufficient for proof of coverage, and it also will have emergency contact phone numbers and websites)
Access to your policy information
Another advantage of buying travel insurance online is having 24/7 access to your policy information from anywhere in the world via an internet connection. If you forget your printed policy at home, no problem. If you lose your policy because is was in your stolen suitcase (good thing you have travel insurance!), no problem.
Most travel insurance companies have a special log in area for policyholders where you can review your coverage and access emergency contact information in case on a claim.