While these terms are sometimes used interchangeably, they are actually very different types of coverage.
- Travel assistance provides support services in case of an emergency while traveling.
- Travel insurance provides monetary compensation for losses that occur while traveling.
Both types of coverage can be purchased for single trips or multiple trips throughout the year. Travel assistance plans are relatively affordable, and unlike travel insurance, you pay a set rate that isn’t based on the cost of your trip.
While individual plans may vary, the following outlines what each type of coverage provides.
Travel assistance provides: |
Travel insurance provides reimbursement for: |
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Plus multi-lingual world-wide travel assistance services when a traveler needs to find local medical care, arrange for emergency transportation, track lost baggage, and more. |
The key difference is that travel assistance is an assistance services plan and travel insurance is more like a typical insurance plan that provides protection for monetary losses that can occur while traveling.