5 Reasons to Buy Travel Insurance

5 Reasons to Buy Travel Insurance

When and how to buy travel insurance will keep you relaxed during your trip. If you’re a traveler like me, then here’s how you prepare for t.e trip. You realize, your suitcase is stacked up and wont close, so you start to take things out. A jacket, camera and shoes for hiking ……. You don’t really need to pack those. But there is one thing, you can’t forget and it takes no room at all: Travel insurance.         

People put a lot of emphasis on the additional expenses and end up asking themselves, “Do I really need to purchase travel insurance?” The answer to this question is YES. Here are five reasons you must look into travel insurance before your next vacation.  

Travel Insurance: You Can’t Afford to Lose Your Investment Made for the Vacation

Let’s put it this way, you buy a three day vacation to private island in Meditarranean worth $5000, for once-in-a-lifetime experience to celebrate your bachelor night. Just before the day you are all set to fly to your destination, your father suffers a heart attack and ends up in the hospital. When you call to cancel your trip by explaining your reason, they show their sympathies – but it won’t get your money back. Most company policies state that refunds shall not be made, if you cancel within 15 days of your departure.  

The travel insurance provides trip cancellation benefits that can get you the reimbursement for nonrefundable trip costs for any reason covered within the insurance. There are several reasons that can be covered with travel insurance, like serious injury or sickness of an insured person; the death of an insured traveler, family member or partner; or natural disaster that makes the destination un-habitable.

Travel Insurance: Medical Emergency Can Be Quite Expensive Overseas

Consider it this way: On a driving tour in Mexico, your rental car slams into a big truck, leaving you with broken bones. When you make it to the hospital, you gather the strength to show your health insurance card. The staff just say no by shaking their heads. You end up paying upfront with bills stacking up to thousands. However, if you need medical evacuation, the cost might hit more than $100,000, depending on your destination and distance to the nearest hospital.

As the U.S. State Department notes, “many foreign medical facilities and providers require cash payment up front and do not accept U.S. insurance plans. Medicare does not provide coverage outside of the United States.”

When you are travelling with a medical emergency plan , the costs for medical and dental emergencies are covered with travel insurance. Emergency medical evacuation can pay for your visit to the hospital or medical facility in close proximity, as well as the cost to get you home after the covered injury.               

Travel Insurance: You Don’t Want Something to Happen That Would Ruin Your Trip

A holiday or weekend vacation is really an investment to greater happiness. But when the time for vacation kicks-off with a missing bag, canceled flights or medical emergency, your happy travel plan slowly fades away.

The travel insurance helps you out with these situations. Your travel delay benefits can reimburse you on the expenses related to travel or accommodation and nonrefundable expenses. Expenses incurred during the baggage delay can be refunded with baggage delay benefits – incase the baggage is delayed or misdirected. Although, several other benefits include common mishaps during travel, so check your insurance to see what’s included. 

Travel Insurance: What’s Most Important?

What’s the most important thing to consider while traveling to the host country? Most US residents would usually call the embassy for help. They can help with finding passports, making contact with family and friends in the US; connecting you with the local police and for various other reasons. Even though they can help you connect the dots in case of emergency but it’s really you, who’s going to pay for medical care and evacuation (except disasters or catastrophes) or any financial losses incurred while travelling.

That’s the primary reason, citizens of the US are advised by the US State Department to purchase travel insurance – with benefits that cover emergency medical evacuation, and for unexpected expenses, pertaining to trip cancellation or lost and stolen properties.

Travel Insurance: Find Easily Affordable or Under-the-Budget Travel Insurance

The cost is the primary reason that individuals don’t purchase travel insurance. Although, it is totally understandable, it is still an important part of your journey that you should seriously consider. 

This is what most people don’t realize: How insurance can be made very  affordable. When you are scrolling up and down for the best quotes, we provide various coverage plans, so you can choose the one that sits well with your pocket.

It’s better to compare different plans before getting an ideal insurance. Don’t worry: If you are not sure about your trip, you will have 10 days or more, depending on your residence, to ask for a refund, provided that you haven’t used any of your trips or started a claim. 

We recommend taking a look at our low-cost travel insurance plans before getting quotes for your next trip. Your travel safety stays a priority. This gives us more than a reason for you to buy travel insurance that’s easy and affordable.