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CNBC
27-06-2025
- CNBC
Best adventure travel insurance of 2025
Travel insurance can be a huge help, even if you plan to just lounge by the pool. But if you've signed up for mountain biking, rock climbing or a jungle safari, you'll want adventure travel coverage. An adventure travel add-on to your standard travel insurance policy extends coverage to activities that are usually excluded. That includes medical coverage for injuries sustained in high-risk activities and reimbursement for the damage or loss of any specialty gear. CNBC Select reviewed more than 20 travel insurance carriers with adventure travel benefits and picked the best for cost, coverage, availability, claims filing and more. (See our methodology for more on how we made our selections.) Faye has one single-trip plan with optional add-ons for pet care, adventure sports and damage to vacation rentals. Emergency medical: $250,000Medical evacuation: $500,000Personal effects: $150 per item (up to $2,000 total) Up to 75% reimbursement of nonrefundable trip costs if purchased within 14 days of initial trip deposit. Available if policy is purchased within 14 days of initial trip deposit. Who's this for? Starting at just over $5 a day, Faye's plans automatically cover dozens of activities like white water rafting, skiing, horseback riding, kayaking and mountain climbing. Standout benefits: Feeling more daring? The Adventure & Extreme Sports endorsement adds parachuting, bullriding and other daredevil activities. Faye will also cover up to $2,500 in emergency veterinary expenses or up to $250 in additional kenneling costs. Silver, Gold and Platinum plans with add-ons including a collision damage waiver (for Gold and Platinum), lost ski days or golf rounds and CFAR insurance (for Platinum plan) Emergency medical: $250,000 for Platinum PlanMedical evacuation: $1 million for Platinum PlanPersonal effects: $500 per item, up to $3,000 total Add-on with Platinum plan that reimburses 75% of nonrefundable trip costs if you purchase within 14 days of booking ($50,000 maximum). Available with Gold and Platinum plans if purchased within 14 days of trip deposit. Who's this for? AXA Assistance USA's Platinum Plan reimbursers you for missed ski days, prepaid lessons and lift tickets if your ski trip gets derailed by closed trails, inclement weather or insufficient snow. Standout benefits: The Platinum Plan also offers a collision damage waiver, which can be helpful if you're planning to rent a car to get to the slopes. Standard, Explorer, Epic single-trip plans and annual/multi-trip plan, with CFAR available for top-tier policiesEmergency medical: $125,000 for Standard Plan, $150,000 for Explorer Plan, $250,000 for Epic PlanMedical evacuation: $400,000 for Standard Plan, $500,000 for Explorer Plan, $700,000 for Epic PlanPersonal effects: $1,000 for Standard Plan, $2,000 for Explorer Plan, $3,000 for Epic Plan Add-on for Explorer and Epic plans that covers 75% of nonrefundable costs if purchased seven days before initial deposit. (Not available in New York.) Available with Explorer and Epic plans purchased seven days before first deposit. Who's this for? World Nomads' Explorer Plan covers more than 200 thrill-seeking activities, including free-style skiing, ice climbing, hang gliding and shark-cage diving. The top-tier Epic Plan is aimed at bucket-list adventures like glacier walking and deep-sea diving. Standout benefits: World Nomads lets you buy a policy even after you've started your trip, with coverage starting the very next day. Single-trip and multi-trip/annual policies and cruise insurance. Add-ons include Cancel for Any Reason coverage and a travel inconvenience benefit Emergency medical: $50,000 for Essential Plan, $250,000 for Deluxe Plan, $500,000 for Platinum PlanMedical evacuation: $200,000 for Essential Plan, $500,000 for Deluxe Plan, $1 million for Platinum PlanPersonal effects: $750 for Essential Plan, $1,500 for Deluxe Plan, $2,500 for Platinum Plan ($250 per item) Add-on to Worldwide Trip Protector Deluxe or Platinum plan that reimburses 75% of nonrefundable costs when purchased within 21 days of initial trip payment Available if policy is purchased within 21 days of initial trip deposit. Who's this for? Travel Insured International's plans offer up to $500,000 for medical expenses and $1 million for evacuation, higher than most competitors. While most travel insurance excludes dental care, Travel Insured International covers up to $750 worth of emergency treatment. Standout benefits: The Worldwide Trip Protector Platinum plan comes with an optional extreme sports medical upgrade that lifts the exclusion if you ride or drive in any races or participate in speed or endurance competitions. Basic, mid-level and top-tier plans, plus policies just for flights, cruises and adventure travel. There are no add-ons but the LuxuryCare plan includes an option to upgrade to CFAR coverage. Add-on to LuxuryCare plan that reimburses 50% of nonrefundable trip costs if purchased within 15 days of booking Available with any plan purchased within 14 days of trip deposit. Who's this for? Berkshire Hathaway Travel Protection's AdrenalineCare plan reimburses up to $500 if your golf or other sporting gear is delayed more than six hours. If your equipment is lost, you can get reimbursed up to $1,500. Standout benefits: AdrenalineCare covers $50,000 in emergency medical coverage and $750,000 in evacuation coverage. A pre-existing condition waiver is available if purchased within 14 days of the initial trip deposit. Travel insurance typically covers common inconveniences like canceled, interrupted and delayed trips, as well as delayed or lost luggage, unexpected medical expenses and emergency evacuations. Most standard policies exclude losses or injuries resulting from high-risk activities, but you may be able to add an adventure travel rider or upgrade your plan and get covered for things like: The list of activities varies by carrier and there may be limits on certain approved activities, like coverage for scuba diving that is limited to a certain depth. Even the most generous insurance policy will exclude certain activities. Again, these will vary by carrier, but often include: Travel to certain destinations may also be excluded, including active war zones, sites of natural disasters and destinations the U.S. has issued travel advisories against, like North Korea and Cuba. Your insurance company is assuming more risk, so whether you choose add-on coverage or an upgraded plan, covering adventure travel is more expensive than a standard policy. According to travel insurance comparison site Squaremouth, the average adventure travel insurance policy costs about $27 per day. For a 15-day trip, that works out to be about $408. However, your exact cost will vary based on the activities you need to cover, your age, and how much coverage you're getting. Below, we compared the cost of a standard policy with one including adventure travel coverage for a 30-year-old visiting the United Kingdom for a week. Adventure travel insurance covers high-risk activities most standard policies exclude, like sky diving and rock climbing. It can be obtained as an add-on to a traditional plan or as a specialty policy. Skiing is covered by most travel insurance companies, although some include it with a basic plan and others require policyholders to purchase an add-on. Read your policy documents to see if it's included automatically by your provider. Each provider has its own list of excluded activities and approved activities may be restricted to certain elevations or depths. In addition, participation in professional athletics and injuries resulting from drug or alcohol use or from intentional self-harm are almost never covered. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every travel insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of travel insurance products. To research the best travel insurance companies, we compiled over 50 data points on more than 10 travel insurance companies. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. To determine the best adventure travel insurance companies, CNBC Select analyzed more than 10 top providers based on cost, coverage options, add-ons, customer service, and the variety of activities and sports they cover. We looked for companies that included adventure activities in their offerings, prioritizing those that included them in base policies. We also considered gear or equipment coverage policies and prioritized brands that offered high medical limits. We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools. Based on these criteria, our picks for the best adventure travel insurance are:
Yahoo
20-06-2025
- Business
- Yahoo
Squaremouth Reports on Global Airbnb Crackdown: What Travelers Need to Know
ST. PETERSBURG, Fla., June 20, 2025 /PRNewswire/ -- Governments across Europe and Asia are cracking down on international rentals. Last month, Spain ordered Airbnb to delist 65,000 rentals. Earlier this year, Thailand issued a warning to foreigners buying apartments and renting them out that they are violating Thai law. Other popular countries, like Italy and Greece, have implemented their own similar measures. These new laws and regulations come on the brink of the busy summer travel season, when traveler anxiety is already skyrocketing. Squaremouth, the nation's largest travel insurance comparison service, reveals what you need to know before booking your trip this summer. How These Crackdowns May Impact your Trip The crackdowns across Spain, Italy, Thailand, Greece, and other regions are part of a larger push to address housing inequality and overtourism. Crackdowns like these can leave travelers in a bind and cost them money, especially if accommodations are suddenly canceled or become unavailable. This happened to a Squaremouth employee recently, who had her rental suddenly canceled at the last minute. "We had an Airbnb booked in Bangkok, but Thailand had just issued a ban on short-term rentals in apartments and condos because they say it disrupts the public," said Arielle Turriff, Product Development Manager at Squaremouth. "Our booking got canceled, and since a lot of our plans were based around that area, we had to find a hotel nearby last minute. It ended up costing us an extra $500." Does Travel Insurance Cover Airbnbs? Travel insurance can cover Airbnb stays and other vacation rentals as long as you have Trip Cancellation and Trip Interruption coverage. However, these benefits only reimburse you if you cancel for a covered reason, like an illness or severe weather that prevents you from traveling. Most plans do not cover government restrictions. If you're staying in an Airbnb and want complete flexibility, opt for a policy with Cancel For Any Reason (CFAR) coverage. CFAR is an upgrade that offers partial reimbursement for prepaid and non-refundable trip payments if you need to cancel your trip for a reason not otherwise covered by Trip Cancellation, such as a government crackdown on Airbnbs. CFAR is a popular benefit for many travelers, as it provides the most possible flexibility when it comes to canceling a trip. In fact, Squaremouth has seen a 34% increase in travelers purchasing CFAR compared to last summer. Squaremouth's Tips for Enjoying your Summer Vacation Rental Always purchase travel insurance as soon as you book your Airbnb to maximize your coverage window, especially for Trip Cancellation benefits. Heed local government notices and warnings when it comes to disruptions. For maximum flexibility and peace of mind, consider Cancel For Any Reason (CFAR) coverage. About Squaremouth Squaremouth is a trusted name in the travel insurance industry offering comprehensive, transparent, and competitive coverage to travelers for 20 years through its digital platform. With the largest portfolio of travel insurance carriers and products in the U.S., Squaremouth has insured over 4 million clients. Media Contact Ned Tadic ntadic@ View original content to download multimedia: SOURCE Squaremouth
Yahoo
13-06-2025
- Yahoo
5 Travel Insurance Mistakes to Avoid This Summer
ST. PETERSBURG, Fla., June 13, 2025 /PRNewswire/ -- With the summer travel season almost here and the cost of travel continuing to increase, many travelers are looking for ways to save. But in trying to cut expenses, even seasoned travelers can overlook key protections and make mistakes when it comes to purchasing travel insurance. Squaremouth, the nation's largest travel insurance comparison service, has unveiled the top five travel insurance mistakes to avoid making this summer as you hit the skies or the road. Mistake #1: Buying Coverage Too Late Travel insurance is designed to cover unforeseen events that may impact your trip. Once something goes wrong, it's too late to get covered. Buying insurance early maximizes the coverage period, and gives you access to certain time-sensitive benefits for increased flexibility. Waiting too long can mean missing out on key protections like Cancel For Any Reason (CFAR), pre-existing condition coverage, or coverage related to named storms during hurricane season. Squaremouth Tip: Buy comprehensive travel insurance coverage as soon as possible after you book your trip, ideally within 10 days of booking. This will give you access to the most possible plans and benefits. Mistake #2: Not Being Prepared for Delays or Disruptions Flight delays and disruptions have reached an all-time high due to major disturbances in the aviation industry. In the past year alone, widespread technology failures, airline staffing shortages, and air traffic control issues have disrupted more travelers than ever before. In fact, Squaremouth recently uncovered a 55% surge in travelers looking for delay-related coverage. Squaremouth Tip: Look for Travel Delay coverage that kicks in after flight delays of 3 hours and accounts for any delay of a common carrier. This will give you the most coverage and flexibility in the event of a delay. Mistake #3: Paying More for "Better" Coverage Many travelers assume that more expensive travel insurance offers better coverage, but that's not the case. Lower-cost policies aren't necessarily lower quality. Some insurance providers simply price their plans differently based on how they assess risk. Squaremouth Tip: Buy the least expensive travel insurance policy that meets your specific coverage needs. Mistake #4: Buying Add-On Insurance from An Airline or Cruise Line Many travelers make the mistake of opting into the insurance add-on offered by an airline or cruise line without comparing other options. While these policies can provide a basic level of protection, they often come with limited coverage and less flexibility than a standalone plan. Squaremouth Tip: Use a comparison site like Squaremouth to compare policies by coverage amounts, price, and provider rating. Mistake #5: Relying Only on Your Credit Card's Coverage Some credit cards offer travel insurance as a perk for cardholders. While these plans offer baseline coverage, like Trip Cancellation, Trip Interruption, Travel Delay, and Baggage Delay coverage, there are limitations - the biggest one being a lack of medical coverage. Squaremouth Tip: Use a third-party plan to supplement your credit card's coverage, especially if medical or health coverage is important to you. About Squaremouth Squaremouth is a trusted name in the travel insurance industry offering comprehensive, transparent, and competitive coverage to travelers for 20 years through its digital platform. With the largest portfolio of travel insurance carriers and products in the U.S., Squaremouth has insured over 4 million clients. Media ContactNed Tadicntadic@ View original content to download multimedia: SOURCE Squaremouth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
31-05-2025
- Health
- CNBC
Why travel insurance is a must for seniors
Travel insurance can be a huge help to anyone, especially older travelers who may have a greater risk of health issues or unexpected travel disruptions and greater concerns about protecting their finances. CNBC Select explores why travel insurance is so important for seniors and the policies to consider if you're over 65. Whether you have private insurance or Medicare, your U.S. health care plan probably isn't valid abroad. That's where your travel insurance policy's medical coverage is invaluable. It will cover the cost of doctor's visits, hospital stays, prescriptions and more. If you need to be flown somewhere for treatment or get back home, a good policy will also cover the cost of medical evacuation. We recommend buying a policy with at least $100,000 in emergency medical coverage and $250,0000 in evacuation coverage. If you're visiting far-flung locales or are particularly concerned about your health, however, look at policies with higher limits. Travel Insured International has some of the highest limits we've seen. Plans cover up to $250,000 in emergency medical expenses and $1 million for evacuation or repatriation. Single-trip and multi-trip/annual policies and cruise insurance. Add-ons include Cancel for Any Reason coverage and a travel inconvenience benefit Add-on to Worldwide Trip Protector Deluxe or Platinum plan that reimburses 75% of nonrefundable costs when purchased within 21 days of initial trip payment Available if policy is purchased within 21 days of initial trip deposit. A standard travel insurance policy won't cover pre-existing conditions if they force you to change your plans or seek medical treatment. A pre-existing condition is any injury, illness or chronic condition that requires treatment or medication, including diabetes, arthritis, cardiac disease or COPD. If you file a claim, your provider will typically look back 60 to 180 days before you enrolled to see if there were any changes in your medical status. You can get a pre-existing condition waiver, however, which prevents your insurer from reviewing your records when processing a claim. Many companies offer waivers but require travelers to be medically able to travel and to buy their policy within two weeks of booking. We like Nationwide for its more generous 21-day window in which you can buy coverage and still receive a waiver. Single- and multi-trip plans and cruise insurance, plus add-ons like CFAR and rental car coverage. Add-on to Prime plan that reimburses 75% of nonrefundable trip costs if purchased within 21 days of booking (Not available in New York or Washington state) Available with single-trip plan purchased within 20 days of initial trip deposit (14 days for cruise insurance) Even if you don't have a medical issue on your trip, you might have to cancel your plans because of a health condition, death in the family or other emergency. Trip cancellation and interruption coverage are among the best reasons to get travel insurance. A comprehensive plan will reimburse up to 100% of your nonrefundable costs if you need to cancel and up to 150% if you need to cut your trip your policy's terms to see what events are covered, but common scenarios include: If you're concerned about your situation being covered or don't want to have to submit proof, a Cancel For Any Reason (CFAR) policy will refund a portion of your expenses, regardless of why you scraped your plans. Most CFAR plans limit you to 50% to 75% of your nonrefundable costs, but Allianz reimburses 80% of expenses. Single-trip and multi-trip/annual policies and a rental car plan. OneTrip Prime and Premier plans include coverage for one child 17 or younger when accompanying a covered adult. Reimburses 80% of nonrefundable trip costs if you cancel at least 48 hours before departure. Included if policy is purchased within 14 days of initial deposit Read our review of Allianz Travel Insurance Cruises are particularly popular with retirees, who enjoy the convenience, entertainment and relaxing atmosphere, and have the funds and free time to devote to an extended excursion. Viking, Holland America and Cunard all market cruises aimed at older come with specific risks, though, including the ship breaking down or you missing your connection. We love Seven Corners' cruise insurance policies, which include up to $250 a day for missed connections, $5,000 for an itinerary change and $250 each time the ship is disabled or misses a port of call. Plus, Seven Corners gives you 20 days to buy a policy with a pre-existing condition waiver and covers travelers up to age 99. The best way to estimate your costs is to request a quote Policies provide missed and delayed tour/cruise connection coverage. Cancel for any reason coverage and pre-existing conditions waiver are also available if you buy your plan within the specified time. ***CFAR and IFAR are subject to certain eligibility criteria and are not available in all states Yes Many travel insurance companies put age restrictions on their policies, limiting coverage to travelers under 79 or even 65. The cost of a policy can also be much more expensive for older travelers. Seven Corners will approve coverage for travelers up to age 99 and Faye and Travelex don't have any age restrictions at all. One single-trip plan with optional add-ons for pet care, adventure sports and damage to vacation rentals Up to 75% reimbursement of nonrefundable trip costs if purchased within 14 days of initial trip deposit. Available if policy is purchased within 14 days of initial trip deposit. Essential, Advantage and Ultimate policies plus last-minute Travel Med Go plan and standalone plans for emergency medical and flight coverage. Upgrades include rental car, pet and adventure activities coverage Upgrade with Ultimate plan covering 75% of nonrefundable trip costs if purchased within 21 days of initial deposit and 31 days of departure. Included with Ultimate plan if purchased within 21 days of initial deposit Travel insurance averages between 4% and 10% of your total nonrefundable trip expenses. Because of increased risk, seniors pay on the higher end of that range. CNBC Select gathered rate quotes for a 65-year-old traveler and a 30-year-old traveler taking the same one-week $3,000 excursion to London and looking for $250,000 in medical coverage and $1 million in evacuation coverage. While the 30-year-old's rate was about 4.4% of their nonrefundable trip expenses, the 65-year-old was quoted a rate of about 7.3%. There can be a significant difference in price among carriers, so using a travel insurance marketplace like Squaremouth can help you compare rates in minutes. SquareMouth is a travel insurance marketplace that allows you can compare top-rated providers, including Berkshire Hathaway, Nationwide, Seven Corners and Tin Leg. Yes Read our SquareMouth travel insurance review The best policy for any traveler depends on your specific needs, the length and location of your excursion and other factors. Our top picks for travel insurance for seniors includes Travel Insured International, Nationwide, Seven Corners, Allianz and Faye. Some companies allow you to buy a policy up until a day or two before your departure, although enrolling within two weeks of booking ensures you have access to a pre-existing condition waiver and other benefits. Travel insurance typically costs between 4% and 10% of your nonrefundable trip expenses. For seniors, a policy will more likely be on the higher end of that range. We found coverage for a 65-year-old on a one-week vacation in London was 7.3% of the total expense. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every travel insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of travel insurance products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
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Business Standard
14-05-2025
- Business
- Business Standard
Indo-Pak conflict cancels flights: Does travel insurance cover costs?
As geopolitical tensions rise, travellers wonder if their insurance will cover flight cancellations if airports shut down due to conflict. Here's what you need to know about travel insurance. During India's Operation Sindoor, over 300,000 flight tickets were cancelled between May 7 and May 12, aviation industry sources told Business Standard. This is a common practice during such conflicts across the world. Force majeure? But what happens to the fliers' money in such a scenario? Does travel insurance cover flight cancellations if airports shut down due to conflict? The answer is not that straightforward. Standard policies often exclude war-like situations 'Flight cancellations caused by operational issues or sudden airport closures are generally covered under standard travel insurance policies,' says Sameer Mathur, MD and founder, Roinet Solution. 'However, if the disruption is due to an officially declared war, that falls under exclusions,' he said. Insurers typically classify events like war, terrorism, or civil unrest under 'force majeure' or 'exclusions,' meaning claims under such circumstances may be denied. 'Most standard travel insurance policies clearly state that losses due to geopolitical conflicts, such as war or terrorism, are not covered,' adds Manish Kumar Goyal, CMD, Finkeda. Special add-ons could offer some relief While base policies may fall short, some specialised products offer limited protection. 'There are add-ons like Cancel for Any Reason (CFAR) that allow partial refunds even in such situations, but they must be purchased early and come at an extra cost,' Goyal explains. Key features of CFAR coverage: Must be purchased within a set window after booking travel Costs more than regular insurance Allows trip cancellation for almost any reason Reimburses a portion (typically 50–75 per cent) of non-refundable expenses However, Mathur clarifies that in most Indian policies, no standard plans include war-related disruptions, and no add-ons currently cover full cancellation costs due to geopolitical conflict. If you're caught in such a scenario, it's vital to document everything. 'Travelers should keep tickets, identity proofs, and a cancelled cheque handy to submit claims,' Mathur advises. 'Each case is subject to evaluation, but basic documentation is essential.' Bottom Line Travellers must check the policy document thoroughly before purchasing and consider add-ons if travelling to or near conflict-prone regions. In uncertain times, preparation and awareness are the best safeguards.
