An oversight holiday is a very interesting time and it seems a shame to think of things that could go wrong, but just because you’re in another country, there’s no reason to assume you’re any less likely to run into any dangers than everyday life. Theft, loss, and medical emergencies are likely to affect you the least when you’re on holiday, and the experience would be even more traumatic if you weren’t covered and had to bear the full brunt of any financial losses. Rather than viewing travel insurance as an unwanted expense, remember that what you’re paying for is peace of mind that will allow you to relax and enjoy your vacation, without worrying about how to deal if something goes wrong. Travel insurance is a vital part of any overseas vacation, whether you’re a young fit traveler, an elderly traveler joining a group tour, or a young family on a resort vacation.
If you’re still not convinced, take a look at these reasons why you might need travel insurance.
1) Medical
Australian government statistics tell us that each year Australian consulates deal with 900 deaths and 1,200 hospitalizations of foreign travelers. Hospitals in Southeast Asia can cost up to $1,000 a day, and if a traveler does not have insurance coverage, they will likely be responsible entirely for the cost. The same government statistics indicate approximately 50 medical evacuations annually. When you consider that you may have to pay $100,000 to be evacuated from the US, you can see how important it is to have insurance.
2) loss
Things get lost when you travel. Luggage gets lost at airports and wallets stolen when sightseeing in unfamiliar cities where you’re not on the street as you are at home. As long as you have insurance cover, you don’t have to get paranoid. Losing your belongings is always frustrating, but having insurance can be the difference between a temporary inconvenience and an expensive disaster that could ruin your entire vacation.
3) Trip cancellation
Trip cancellations are very common and stressful. At the very least, you can find yourself hanging out at the airport for hours. If you have connecting flights or transfers, the impact of the blow could be much worse – and very expensive. Even if you don’t, you may find that you suddenly need to arrange additional accommodation at the last minute, or you may miss one or more nights of accommodation already paid for at your destination. Get basic travel insurance and you will be covered for both of these issues.
4) the works of nature
If you are stranded abroad as a result of a natural act such as a hurricane or hurricane, you may be covered by your insurance. If you are going to an area with a high risk of such phenomena, it is a good idea to make it a priority when choosing your policy, as it is not always covered.
5) Personal circumstances
Unforeseen circumstances in your personal life may mean that you have to cut your trip short, or even postpone it altogether. You never know when you’ll get sick or have a family bereavement. Travel insurance will allow you to recoup some of the costs of your deferred or reduced vacation.
Far from being a necessary evil, travel insurance is a safety net to ensure that you don’t find yourself unnecessarily out of pocket as a result of your vacation abroad. It doesn’t have to be expensive either. There are plenty of cheap travel insurance deals available, so there is absolutely no reason to leave home without it.