Protect Young Adults from Summer Travel Risks with Insurance

Summer is a popular time for your teenagers to travel, whether it’s for vacation, summer studies, summer employment or just traveling to and from school. But traveling does come with risks, especially if your young adults aren’t experienced. Different kinds of insurance can help protect them against unexpected costs and problems they might face.

Mitigate Financial Risks

The unexpected can often happen during travel. If your young traveler misses a flight or gets sick, rescheduling a trip can be expensive. Travel insurance can help cover financial risks and may even provide travel assistance and baggage protection. Adding travel insurance can also help cover any medical expenses that may be needed. Existing health insurance plans don’t always cover this expense, so make sure to check on the terms of an existing plan. Consider speaking with an agent to find the right plan.

Prepare for Potential Accidents

Health risks can be greater when traveling, especially if your young traveler is in a remote area or in another country. Having health insurance can cover medical costs when traveling, such as emergency room visits, prescription drugs and even medical evacuation. Short-term health insurance that provides coverage for the exact number of days needed is a good option.

Protect Personal Belongings

Young adults and students are popular targets for thieves and pickpockets. If your teen has his or her belongings stolen it can be a huge financial blow, or worse it can strand them in an unfamiliar place. If they are abroad, this can be a real problem. They may also be subject to identity theft or fraud if their credit cards and ID are stolen. Identity theft insurance should be a consideration to protect from unauthorized charges. Renters insurance can also be helpful because it protects against damages and losses of many personal belongings in a residence. Many renter’s insurance policies are transferable, so check your policies to see how the coverage works.

B189-MN-7-17

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