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Differences Between Travel Insurance and Flight Delay, Canceled, or Overbooked Compensation

Differences Between Travel Insurance and Flight Delay, Canceled, or Overbooked Compensation

Traveling always comes with risks, and to minimize them, many travelers opt for travel insurance. However, when it comes to flight delays, cancellations, or overbookings, it's important to understand that travel insurance and compensation for these issues are two different concepts. In this article, we will explore the main differences between these two types of protection and how you can receive compensation even if you already have travel insurance.

What is Travel Insurance?

Travel insurance is a policy that covers various risks associated with your trip. It may include:

Medical insurance covering treatment costs abroad.
Accident insurance.
Baggage insurance covering loss or damage.
Trip cancellation insurance compensating expenses if the trip is canceled due to unforeseen circumstances.
Flight delay insurance covering expenses related to delays, such as hotel accommodation and meals.

What is Flight Delay, Canceled, or Overbooked Compensation?

Compensation for flight delays, cancellations, or overbookings is a financial payout that airlines are required to provide to passengers under EU Regulation 261/2004 and UK261. This compensation is intended to reimburse inconveniences caused by these issues and can range from €250 to €600 in the EU and from £220 to £520 in the UK, depending on the flight distance.

Key Differences Between Travel Insurance and Flight Delay, Canceled, or Overbooked Compensation

Source of Payment:
- Travel Insurance: Payments are made by the insurance company.
- Flight Delay, Canceled, or Overbooked Compensation: Payments are made by the airline.
Coverage of Risks:
- Travel Insurance: Covers a wide range of risks, including medical expenses, baggage loss, trip cancellation, and flight delays.
- Flight Delay, Canceled, or Overbooked Compensation: Covers only delays, cancellations, and denied boarding caused by the airline.
Amount of Payment:
- Travel Insurance: The amount of payment depends on the policy terms and can vary.
- Flight Delay, Canceled, or Overbooked Compensation: The amount of payment is fixed and depends on the flight distance.

Can You Receive Compensation if You Already Have Travel Insurance?

Yes, you can. Even if you already have travel insurance, you are still entitled to compensation for flight delays, cancellations, or overbookings. Travel insurance and compensation for these issues are not interconnected and can be received independently of each other.

How MySkyHelp Can Assist You

Obtaining compensation for flight delays, cancellations, or overbookings can be a complex process, especially if you are unfamiliar with the rules and procedures. MySkyHelp offers professional assistance in filing claims and obtaining compensation. Our experts will gather your necessary documents, properly prepare your application, and secure the payout you deserve.

Conclusion

Understanding the differences between travel insurance and compensation for flight delays, cancellations, or overbookings is crucial for every traveler. Travel insurance provides protection against various risks associated with your trip, while compensation for these issues is intended to reimburse inconveniences caused by the airline's actions. Regardless of having travel insurance, you are entitled to compensation for flight delays, cancellations, or overbookings, and MySkyHelp is always ready to assist you in this process.

We hope this article was helpful! If you have any questions or need assistance, feel free to reach out to MySkyHelp.

Departure airport

Final destination

Which airline did you fly with at the beginning?

First flight number

What was your scheduled departure date & time?

Did you have any connecting flights?

List all your connecting flights:

Connecting flight [#1]

City or airport name

Flight number

Initially planned date and time

Which flight didn't go as planned?

What happened to your flight?

Did you ensure you had the correct documentation?

Before you board the plane, airlines must check that you have the necessary documents for your destination. If you do not, they are entitled to deny boarding and do not have to pay compensation.

Examples of documents you may need to show:

1. Valid passport or other accepted ID
2. Valid visa
3. Proof of return ticket
4. Negative Covid-19 test result
5. Passenger locator form

Yes

How many hours late did you arrive at your final destination?

How many days before the departure were you informed about the flight change?

Since you arrived at your destination with a delay of less than 3 hours, unfortunately, you are not eligible for compensation.

Since the airline notified you of the flight cancellation 14 days before departure, unfortunately, you are not eligible for compensation.

Did you incur any additional expenses, such as accommodation, transfer, or food?

Fill out only if the airline did not reimburse these expenses and you have documents proving payment:

Expenses [#1]

Select the type of expense

Total amount in €

Payment document

We'll need some details about the passengers:

Name

Surname

E-mail

How many passengers traveled with you?

I agree to the Terms and Conditions and Privacy Statement.

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