Monday, January 22, 2018

Why You Should Always Get Travel Insurance



Image Credit: Pexels

You should always take out travel insurance when travelling abroad. That is a simple fact. If you still aren’t convinced, then let me share some reasons why travel insurance is so important.

Covers Medical Expenses While Abroad
One of the main reasons to get travel insurance is that it means that you don’t need to pay money for medical bills should you get ill on a vacation. One in three of the claims made on travel insurance is medical related. You might think that you are going to be perfectly healthy and that nothing will happen on vacation, but things that you can’t predict can and often do happen. From something as simple as getting food poisoning or tripping to more life-threatening illnesses and injuries, it is always best to have travel insurance just in case something happens. Things can start to add up to incredible amounts, and you don’t want to have to pay out of pocket for these expenses. You want to get well again and get back to enjoying your vacation.

Covers The Cost Of Getting You Home If Needed
This point is the obvious next step from medical expenses, but it is worth pointing out that travel insurance will pay for the cost to get you home if you can’t take your planned flights. For example, a British citizen was forced to get an air ambulance to the UK due to multiple fractures and a tear in one of their arteries. The cost of the treatment and transport home totals £500,000. This is not a bill that you want to receive after you have just survived a life or death experience. However, if you don’t have travel insurance, then that could happen. Travel insurance will cover the cost of treatment and transport home, so you don’t have to.

Covers Lost or Damaged Luggage
Aside from medical costs, travel insurance can also cover lost or damaged luggage when travelling. If your suitcase goes missing or it and its contents are damaged, then you can receive compensation.This will mean that you don’t have to pay out of pocket for new clothes and other vacation essentials. This will instead be covered by the company that you took the travel insurance out with. If you don’t have travel insurance, then you could take out a small loan to pay for everything, but if you have travel insurance, then you won’t need to. If your bag gets stolen while on vacation, then your travel insurance may also cover this as well. Baggage is often an extra on your travel insurance that you need to pay a little more for, but it is well worth it just in case something happens.

Covers The Cost of Delays and Cancellations
Another thing that travel insurance covers is the cost of delays and cancellations. Just in case your flights are cancelled or delayed, then it is worth paying a little extra to add these to your travel insurance. How much and what this covers will be detailed in your specific travel insurance as one will differ from another.

So, should you pay for travel insurance?  You will have to make that choice, but it certainly appears to be a wise choice.

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