In some cases, sole luggage insurance is also offered, so you do not need either of the two types of insurance listed below:
Cancellation insurance
The cancellation insurance pays when the insured person has booked and paid for a trip, but for certain reasons cannot take off. Hedged risks are among others
- accident and illness
- Death
- natural disasters
- Unrest at the destination or in the holiday country
- transport failures
- Loss of job within a fixed time frame before departure
Slight ailments or separation from the partner are not accepted and are therefore not borne by the cancellation insurance.
This insurance is particularly worthwhile if the booked trip is a medium or high-priced trip and the cancellation would mean a severe financial loss. Important: The cancellation insurance should always include the provision of services within Switzerland.
Personal assistance
If you have to return from vacation early, need rescue or rescue at the vacation location, this type of travel insurance comes into effect. It takes effect from the time of arrival and thus as soon as you start your vacation trip. An early return home is also insured, as well as hotel costs that may arise in addition. The following risks are insured, for example:
- illness and death
- natural disasters
- Political rumors
- Illness and death of related parties
- Illness and death of the substitute at work
This insurance is essential when traveling to countries known for lower passenger safety. In addition, travelers who are planning an extreme vacation should take out such insurance. Personal assistance should also apply within Switzerland and can be locked without any additional component.
In summary can be said that the cancellation insurance targets events that occur before the start of the trip. If you suddenly fall ill at home, but have already booked the expensive cruise on the Atlantic, you can get your money back with the cancellation insurance.
However, possible exclusions are important. Some insurers are very perfidious and do not pay if, for example, an illness is? Hypothetically? could have been determined beforehand. As with any insurance policy, the same applies to cancellation insurance that you should read the fine print carefully before taking out the insurance.
Conclusion on the types of travel insurance
Personal assistance and cancellation insurance are the two most important types of travel insurance. They can be supplemented with additional modules so that the trip is fully secured. These additions include vehicle assistance, coverage of medical expenses and luggage insurance.
If all these components are included in one tariff, there is complete all-round protection. However, it is worth considering whether the cost of the trip justifies such comprehensive insurance, because the money will not be refunded if the insurance is not used.
We recommend that you take advantage of the offers Travel insurance must be compared here! This gives you an overview of the providers and tells you where you are really well insured.
