Almost all are well aware of the beauty of Mexico, especially its beaches and other beautiful & historic landscapes that attract most visitors across the world. Traveling is one of the best experiences one can have in life, but unforeseen events like sickness or accidents during your Mexican trip can ruin everything. So, if you are planning a trip to Mexico? But you are not sure whether you’d need travel insurance to go to Mexico or not. Don’t worry, in this article; we will highlight all the things that you need to know about Mexican travel insurance.
Travel Insurance: Is It Worth the Money?
Yes, it is! When you will be forced to pay more than you can afford to lose on your journey. Mexican travel insurance provides you coverage from trip protection to medical coverage, and many more issues are covered under comprehensive coverage plans. The cost for premiums of travel insurance to go to Mexico will cost you around 4% to 5% of your total trip. That means if you want to cover a $5,000 trip, you might have to pay $500 for insurance. Here are the most important factors that you need to take into account to decide whether Travel Insurance is worth your money.
- If you tested Covid-19 positive before visiting
You should be covered under Mexican travel insurance to avoid interruption during your trip caused due to medical conditions like Covid-19. If you test positive, you will get reimbursed under trip cancellation coverage by your insurance company to cover all your expenses, like unused prepaid costs. At the same time, a trip delay coverage will compensate you against hotel and meal (with limits) expenses in the event of being quarantined.
- In case of sudden Border Closing
When a country suddenly closes its borders due to a pandemic, you won’t be covered unless you buy a “cancel for any reason” policy. In most cases, they cost between 40 to 60 percent more than standard plans and cover a maximum of 75 percent of your expenses.
- If you lose your baggage during your trip
This thing can happen to anyone, but it’s up to you whether you were already prepared to face such a situation or not. Comprehensive insurance coverage can help you in such a situation by reimbursing you for all the financial loss caused due to luggage loss and hence can provide peace of mind to the insured.
Which Travel Insurance Plan Is Right for You?
Different insurance companies offer several insurance plans that include various types of coverage. At SmartGringo partnered with IMG, we do offer mainly three types of travel insurance plans to go to Mexico for individuals, families, and groups of travelers, which are listed below:
- Patriot Travel Medical Insurance®
This insurance plan is designed for those individuals, families, and groups who want to get a short-term (5 days to 2 years) travel insurance plan for their trip. Under the patriot travel medical insurance plan, things like medical expenses, evacuation, and repatriation will be covered. The cost of deductibles ranges between $0 to $2500.
- Global Medical Insurance®
This insurance plan is specifically designed for individuals and families who want long-term coverage (one year or more). That means anyone purchasing this travel health insurance plan can easily renew their policy annually. Almost everything that can increase the burden on your pockets is covered under this insurance plan; that’s why it’s also termed a comprehensive coverage plan. The cost of deductibles ranges between $100 to $25,000.
- Patriot Platinum Travel Medical Insurance
This platinum travel insurance plan comes with coverage for up to 36 months, including sudden and unexpected recurrence of pre-existing medical conditions. Anyone purchasing this insurance plan can renew their policy for up to 3 years and has to pay for deductibles ranging from $0 to $25k.
Do I really need travel insurance to go to Mexico?
Well, there is no perfect fit answer to this question. Most visitors think that the insurance from their home country will protect them on their abroad trip, but they don’t know that it will not be able to cover a wider range of things that can happen during their abroad trip. Traveling in Mexico without travel insurance coverage can be risky as unexpected events can happen anytime and badly affect your Mexican trip. So, it’s up to you whether you want to enjoy your trip abroad with your family to the fullest or not.
Bottom Line:
Traveling Mexico with your loved ones can be risky without having travel health insurance. Traveling without coverage can expose you to financial risks during the trip, as these insurance plans come with several benefits for the policyholders that we have already mentioned above. So, don’t waste your future time, compare quotes from multiple vendors on SmartGringo, and pick the travel insurance to go to Mexico that is worth your money.
