Vacation Daze Travel Insurance Decline Form*

Travel Insurance Declination Form
What is travel insurance and/or should you get travel insurance you ask....The question is how much can you afford to lose if something unexpected happens??
Travel insurance is coverage designed to protect against risks and financial losses that could happen while traveling. The risks range from minor inconveniences such as missed airline connections and delayed luggage all the way to more serious issues including injuries or major illness. What does travel insurance cover? Depending on the coverage you choose, travel insurance can cover a broad array of possible damages and losses: Injury or sickness Travel insurance can help protect you from medical expenses abroad that your normal health insurance doesn’t cover. Most health insurance plans don’t provide full coverage in foreign countries and some health plans provide no coverage at all, including Medicare. Travel insurance works in addition to your everyday health insurance and can help supplement medical costs if you get sick or injured before or during your vacation. Lost luggage Travel insurance can help cover expenses stemming from lost or stolen luggage. This is especially useful if an airline loses your bags, as it can be very difficult to get them to pay for lost luggage. In the United States, the Department of Transportation (DOT) requires airlines to compensate fliers up to $3,300 for lost baggage. In foreign countries that amount is a maximum of $1,750. But to receive those maximum amounts, passengers must provide receipts proving the value of the lost bags and their contents. And some airlines require that the claim be filed within 21 days. To make matter worse, DOT doesn’t define when baggage is officially lost (as opposed to just “delayed”). Overseas, a bag is only considered “lost” after 21 days. For delayed bags, DOT only requires airlines to provide victims with enough money to buy necessities like clothing, medicine and toiletries. Last-minute cancellations Travel insurance can help cover costs stemming from trip cancellations. Most resorts or cruise lines won’t give you a full refund in the event of a cancellation. If you cancel two weeks or more before your trip, most resorts will at least charge a cancellation fee; many cruise lines might only give you a 25% refund or will give you partial credit on another cruise. If you cancel within two weeks of a trip, with most companies you won’t give any refund whatsoever. Unforeseen circumstances happen, and you want to be covered just in case. Coverage beyond your credit card Some credit cards provide limited coverage, with annual limits and restrictions for cancellations and interruptions (if they offer cancellation/interruption coverage at all). However, few credit cards offer coverage for the most expensive travel risks: medical expenses or emergency evacuations, which travel insurance can cover. What travel insurance might not cover It’s important to know that while there are many reasons to buy travel insurance, certain things may not be covered under travel insurance. If you have a preexisting condition, look for a plan that provides a preexisting condition waiver. If you’re visiting an area with political unrest, check into what coverage a policy provides if you wish to cancel due to problems in the area. Travel insurance policies cover some incidences of tour operator defaults due to financial issues. Look into how that’s handled before booking your trip. How much does travel insurance cost? Travel insurance cost is primarily based on the price of the trip and the age of the traveler. A 35-year-old might expect a policy to add 3% to 5% to the cost of a trip while a 60-year-old might pay around 10%, says Jonathan Harty, owner of a MA-based travel agency. It can be a small price to pay to safeguard your investment in a honeymoon or the trip of a lifetime. What travel insurance coverage should you get? Before looking into travel insurance, think about the reasons you might cancel. Is a trip delay due to weather going to dramatically change your vacation? Is it possible your school year will be extended, or you will need to take a work-related trip instead? Are there acts of war in the country you’re going to visit? Are you nervous about the CDC issuing a travel warning for your vacation destination? These are all valid reasons for cancelling a trip or wanting insurance coverage. But not all travel insurance covers these concerns. Cancel for any reason insurance When you buy this coverage, if you want to cancel because you have a hangnail, go ahead. The insurance company usually doesn’t need a reason. They just need you to cancel within the specified time frame, typically at least 48 to 72 hours before you depart. You’ll trade convenience for a lower reimbursement level. With cancel for any reason insurance, you’ll get a percentage of your pre-paid, nonrefundable trip costs back, around 70%, without having to give a reason. You can sometimes purchase this as a standalone policy or as a rider on a comprehensive policy. Comprehensive travel insurance This is the typical policy that people imagine when they think of trip insurance. The comprehensive policy usually covers delays, cancellation due to sickness or death, lost luggage and some emergency medical costs. Just read the fine print so you know exactly what it covers.
Travel Insurance Decline Form
We feel it is our responsibility to recommend travel insurance to protect your investment. Please feel free to ask any questions about the travel insurance they have recommended.
- I, the Lead Guest on the reservation for travel dates and destination specified below, decline the offer to purchase travel protection/trip insurance for the stated reservation.
- I understand that I am solely responsible for any cancellation penalties and out-of-pocket expenses incurred.
- I will also make my own separate travel, medical and any other provisions in the event of an emergency while I am traveling.
- I understand that I am not protected from loss in the event of any travel vendor, travel supplier or any travel-related operator default.
- This waiver confirms that I voluntarily decline travel insurance and travel protection insurance for the trip I booked with Vee's Vacations
- I understand I am solely liable for all airline fees, supplier fees, and agency fees that may apply.
- I assume and understand that there is a risk involved with my travel and my travel activities and/or excursions.
- I acknowledge that I was informed about my options but I declined the insurance, and I hereby release Vee's Vacations and its agents from any and all liability.
- I have been advised of the cancellation penalties of my trip and I acknowledge the receipt of the information of travel insurance from my travel planner.
- I understand if I choose to purchase travel insurance, my travel planner will work on my behalf to recover my losses to the best of his/her ability, according to the travel insurance agreement.
- I understand if I do purchase travel insurance and need to cancel my plans for a covered reason, I will not be charged a cancellation fee by the agency.
I have read this document; I understand this document and all consequences resulting from my decision to DECLINE to purchase trip protection/trip insurance. I understand if I purchase travel insurance and need to cancel my plans for a covered reason, I will not be charged a cancellation fee by the agency.
Decline Travel Insurance*

I decline travel insurance and agree to the conditions listed above.
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