Barry Choi: Forget air passenger rights, get travel insurance

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Barry Choi: Forget air passenger rights, get travel insurance
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Travel insurance is what you really need to protect yourself from any unexpected delays or other issues that may occur during your trip.

might state that you’re entitled to compensation after a four-hour delay. With this coverage you could possibly get a meal and book a hotel room and then have the costs reimbursed. Make sure to keep receipts and also be aware of the limit that will be insured.

If you’re making a claim for flight delay insurance, your insurance provider will want to see an official notice from your airline that your flight was delayed. A screenshot of your updated boarding pass would likely be enough. If your insurance is being provided by your credit card, you’d likely have to show the statement in which your flights and hotels were charged to your credit card.

Generally speaking, if you’re under the age of 65, and have no pre-existing health issues, an annual multi-trip premium policy will cost you about $250. This would cover both travel medical and extended travel insurance for any trips you take throughout the year. If you’re going to purchase a travel insurance policy, be sure to shop around. Some of the more popular options include TuGo, BMO, and Manulife.offer a comprehensive travel insurance package.

state that you need to pay any outstanding balance with a credit card that earns the same points for your insurance to be valid. In most cases this isn’t a big deal for consumers. However, it could be a problem if you’re redeeming points, but don’t have a credit card that earns the same currency and offers travel insurance.

Note that if your credit card offers travel medical insurance, there’s no need to charge your flights and/or hotels to the card for your policy to be valid.

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