Travel Insurance Assessment

1. Which part of travel insurance reimburses prepaid, nonrefundable costs if a covered reason stops you from taking the trip?
- A) Trip cancellation
- B) Medical evacuation
- C) Baggage coverage
- D) Accidental death
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Trip cancellation reimburses prepaid travel expenses if you're prevented from taking your trip for a reason covered by your policy.
Review: What Does Travel Insurance Cover? The Main Types Explained
1. What does medical evacuation coverage pay for?
- A) Lost luggage
- B) Emergency transport to adequate care, or home
- C) A canceled hotel
- D) Rental car damage
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: It covers transport to the nearest adequate medical facility, then home if warranted.
Review: What Does Travel Insurance Cover? The Main Types Explained
2. Roughly what does travel insurance usually cost, according to D.C.'s insurance regulator?
- A) Under 1% of the trip
- B) About 4% to 10% of the trip's price
- C) About 25% of the trip
- D) Half the trip
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: D.C.'s regulator says travel insurance usually costs between 4% and 10% of a trip's price.
Review: Is Travel Insurance Worth It? How to Decide for Your Trip
2. Which trip is the weakest case for travel insurance, according to Iowa's regulator?
- A) A short, inexpensive trip close to home
- B) A costly tour abroad
- C) A remote trek
- D) A prepaid cruise
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Iowa's regulator says shorter trips closer to home do not need travel insurance.
Review: Is Travel Insurance Worth It? How to Decide for Your Trip
3. Generally, does Original Medicare cover medical care outside the U.S.?
- A) Yes, fully
- B) Generally not
- C) Only in Canada and Mexico
- D) Only with Part D
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Medicare.gov says Original Medicare generally doesn't cover medical care outside the U.S.
Review: Does Your Health Insurance or Medicare Cover You Abroad?
3. What may some medical providers abroad require?
- A) Payment up front
- B) A U.S. referral
- C) Proof of Medicare
- D) Nothing
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Colorado's regulator says some providers in other countries may require immediate payment.
Review: Does Your Health Insurance or Medicare Cover You Abroad?
4. What happens if you cancel for a reason not on your trip cancellation policy's list?
- A) It's paid in full
- B) The claim is generally denied
- C) It's paid at 50%
- D) It's paid next year
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Michigan's regulator says if your reason is not on the list of covered reasons, your claim will be denied.
Review: What Reasons Does Trip Cancellation Insurance Cover?
4. What does cancel for any reason coverage typically reimburse?
- A) 100% of the trip
- B) A percentage of prepaid costs
- C) Only medical bills
- D) Only baggage
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: CFAR typically reimburses a percentage of your travel costs and costs more than standard coverage.
Review: What Reasons Does Trip Cancellation Insurance Cover?
5. How can a traveler with a medical condition often get it covered?
- A) Buy a policy with a waiver soon after the first trip deposit
- B) Buy the day before departure
- C) Leave it off the application
- D) Buy a cruise line waiver
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Maryland's regulator says buying within two weeks of the deposit may mean pre-existing conditions are covered.
Review: Does Travel Insurance Cover Pre-Existing Conditions?
5. Why is a cruise line's cancellation waiver riskier than insurance?
- A) It isn't insurance and isn't regulated by state insurance departments
- B) It costs more
- C) It covers medical care
- D) It's federal
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Triple-I says waivers aren't insurance and aren't regulated by state insurance departments; you may not collect if the operator has financial trouble.
Review: Does Travel Insurance Cover Pre-Existing Conditions?
6. Your suitcase is stolen on a trip. Which policy commonly covers belongings away from home?
- A) Homeowners or renters insurance, after the deductible
- B) Medical evacuation
- C) Auto liability
- D) Trip cancellation
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Colorado's regulator says homeowners and renters policies usually protect belongings lost, stolen or damaged on a trip, subject to deductibles and limits.
Review: Lost or Stolen Luggage: Does Travel Insurance or Homeowners Insurance Pay?
6. For an expensive camera you travel with, what can cover it anywhere in the world?
- A) A floater or endorsement on your home or renters policy
- B) Trip interruption coverage
- C) Medicare
- D) A cancellation waiver
Practice: you’ve seen the answer to both versions of this question, so it won’t change your Insurance IQ.
Explanation: Triple-I suggests a floater or endorsement for expensive items, covering them anywhere, as well as at home.
Review: Lost or Stolen Luggage: Does Travel Insurance or Homeowners Insurance Pay?

Educational only: this assessment measures what the course teaches. It says nothing about whether your own insurance is adequate, and it isn’t a professional evaluation of your policy.

Travel Insurance: Final Assessment

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