Travel Insurance: What It Is and Why You Need It episode artwork

EPISODE · Dec 9, 2022 · 44 MIN

Travel Insurance: What It Is and Why You Need It

from Everyone's Talkin' Money · host Shari Rash | Financial Advisor for Women & Founder of GWA Wealth

Travel is back and millions are ready to get out there and start experiencing it all again. However, there’s a new reality. What happens if you get sick or injured while you’re away? You might think that you just pick up your insurance card and all will be taken care of. Not so fast. Did you know that getting sick or hurt on a vacation can lead to some pretty wicked consequences like a huge bill that could drain your bank account? That’s where travel insurance comes in. I absolutely love to travel, but honestly, it wasn’t until the 2020 pandemic shut down the world that I really realized that travel insurance is totally worth it. And the best part, as our guest Omar Kaywan from Goose Insurance says, travel insurance is only about 10% of your travel cost. So if your trip cost $2000, travel insurance would only cost around $200 max. Omar shares: What is travel insurance and why you need it Exactly what to do if you get sick or injured on a vacation What to look for in a travel insurance policy How to figure out what it doesn’t cover Why you might need travel insurance even if you’re traveling in the US. Get your bags packed, but first listen to this important episode that might literally save you millions. LINKS Goose Insurance Travel Insurance SPONSORS Thanks to Ka’Chava for sponsoring the show. Ka’Chava is offering 10% OFF for a limited time at Kachava.com/mymoney. Thanks to Masterworks for sponsoring the show. To get priority access go to masterworks.art/mymoney.  Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney. Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. This episode is sponsored by/brought to you by BetterHelp. Give online therapy a try at betterhelp.com/mymoney and get on your way to being your best self. This episode is sponsored by Planet Money. Listen now to Planet Money from NPR -- wherever you get your podcasts. LEAVE US A REVIEW Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts.  Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode! GOT A QUESTION? Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares MORE MONEY TIPS Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame FREE GUIDES + RESOURCES Download our FREE Top 25 Episode Guide Download a FREE BONUS podcast episode 5 Minutes to Unlock a New Money Mindset See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Travel is back and millions are ready to get out there and start experiencing it all again. However, there’s a new reality. What happens if you get sick or injured while you’re away? You might think that you just pick up your insurance card and all will be taken care of. Not so fast. Did you know that getting sick or hurt on a vacation can lead to some pretty wicked consequences like a huge bill that could drain your bank account? That’s where travel insurance comes in. I absolutely love to travel, but honestly, it wasn’t until the 2020 pandemic shut down the world that I really realized that travel insurance is totally worth it. And the best part, as our guest Omar Kaywan from Goose Insurance says, travel insurance is only about 10% of your travel cost. So if your trip cost $2000, travel insurance would only cost around $200 max. Omar shares: What is travel insurance and why you need it Exactly what to do if you get sick or injured on a vacation What to look for in a travel insurance policy How to figure out what it doesn’t cover Why you might need travel insurance even if you’re traveling in the US. Get your bags packed, but first listen to this important episode that might literally save you millions. LINKS Goose Insurance Travel Insurance SPONSORS Thanks to Ka’Chava for sponsoring the show. Ka’Chava is offering 10% OFF for a limited time at Kachava.com/mymoney. Thanks to Masterworks for sponsoring the show. To get priority access go to masterworks.art/mymoney.  Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney. Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. This episode is sponsored by/brought to you by BetterHelp. Give online therapy a try at betterhelp.com/mymoney and get on your way to being your best self. This episode is sponsored by Planet Money. Listen now to Planet Money from NPR -- wherever you get your podcasts. LEAVE US A REVIEW Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts.  Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode! GOT A QUESTION? Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares MORE MONEY TIPS Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame FREE GUIDES + RESOURCES Download our FREE Top 25 Episode Guide Download a FREE BONUS podcast episode 5 Minutes to Unlock a New Money Mindset See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Travel Insurance: What It Is and Why You Need It

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How long is this episode of Everyone's Talkin' Money?

This episode is 44 minutes long.

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This episode was published on December 9, 2022.

What is this episode about?

Travel is back and millions are ready to get out there and start experiencing it all again. However, there’s a new reality. What happens if you get sick or injured while you’re away? You might think that you just pick up your insurance card and all...

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