I think my husband and I have figured this out and decided our plan of attack with regards to "Travel Insurance," but would appreciate any advice here.
1) We have confirmed our current medical insurance covers us out of country, including ambulance transportation to medical treatment facilities in that country.
2) We have a MedJet policy for medical evacuation.
3) We use our Chase Sapphire Preferred card for all travel expenses and feel the travel insurance benefit through that card will reimburse most costs should we have a cancellation or interruption of our trip. We are not concerned if not 100% is covered as we just feel that's a risk we can take.
Having those 3 things in place, is there any reason why we would need to purchase a trip insurance policy from Allianz, GeoBlue or the many other companies who sell these policies?
The only thing I can think of would be some type of policy that provides us some additional coverage should we contract Covid-19 while traveling and have to quarantine in place somewhere, but I have not found any policies that seem to sell that limited coverage....and although we'd prefer not to have to do it, we can afford to quaratinine in place, if necessary.
Thank you in advance for any thoughts on this. It can be exhausting trying to research this on the internet!
~Amanda