Travel insurance coverage can be bucketed into three main categories: financial reimbursement, travel medical coverage, and 24-hour assistance.
The most common type of travel insurance claim is the financial type. You can submit a claim for costs incurred due to things like needing to cancel your trip (for a covered reason), trip delay or interruption, missed connections, or lost baggage.
Travel medical coverage is an especially important benefit if you’re traveling abroad and your everyday health insurance won’t cover you. Some plans provide primary coverage for medical care you need during your trip.