Recent studies indicate that seven in 10 people traveling for pleasure (not business) are taking trips to mark ‘life events’ such as birthdays, new babies, anniversaries and more. In addition, surveys of travelers indicate that grandparents are often traveling with their grandchildren as a growing segment in family travel.
Multi-generational trips are becoming more common partly due to healthy baby boomers hitting retirement just as their grandchildren get to an age where they can travel more easily.
Some of the travel insurance benefits that are particularly helpful to families traveling together are:
- Trip cancellation coverage for illnesses or school year extensions
- Coverage for emergency medical treatment and pre-existing medical conditions
- Emergency evacuation coverage to obtain appropriate medical care
Many travel insurance plans extend coverage to traveling kids at no additional cost – a benefit that’s greatly appreciated by the adults. We’ve put together a review of what travel insurance coverage families need and the best travel insurance plans for family travel.
Take a look and let us know what you think!