Wednesday, 16 March 2016
You may think you've packed just right and are all set for your upcoming trip but sadly you're not. Rewind and have a look at what have you missed out amidst all the hype and excitement for the trip.
Unfortunately, a lot of avid and first time travelers underestimate the value of travel insurance. You'll always witness travelers justifying their decision by claiming it is only an extra travel cost that can be easily avoided when there are so many of them.
Simply put, if you think you can't afford to buy travel insurance, you're just not ready to travel. There are various benefits of buying travel insurance. Let's explore what travel insurances in general cover.
1. Evacuation and Medical Emergencies
Even when you consider yourself totally fit to travel, adversities can always form part of your journey. Since they can sometimes be extremely challenging, it is best to be prepared for any such circumstances. You might unfortunately be involved in an accident. Since medical treatment is not always ready available, you would need to coordinate a medical evacuation. This can often turn into a nightmare if you are in a foreign land where everything seems alien. When buying travel insurance, you do not have to worry about that. A typical one covers for emergency evacuation, emergency dental care and medical expenses.
They also commonly fall in the package, despite being unwelcomed guests. Life can become very unpredictable at times. You might have happily planned your trip in a month's time. It may all seem to be going well. However, imagine you fall miserably ill or a very close relative passes away. Since you'd have no option but to cancel the trip, it would be a misery to suffer any financial losses. Your travel insurance program would cover for it and would lessen your misery in the best possible manner.
3. Personal Belongings
In today's world, the sad truth stays that many of us care more about our personal belonging than looking after our health. This is why buying travel insurance can seem very attractive to travelers. With insurance, you'd have to worry less the next time your baggage gets late or misplaced. Imagine losing your handbag on a famous site tour and losing your insulin and prescription along with it. Since you'd need an immediate access to it, insurance providers would assist you with your immediate requirements.
4. Personal Liability
We are all prone to making endless mistakes, especially when we least expect to do so. In that case, third parties can create a lot of havoc for injuries or losses caused by you. If you accidentally cause damage to a person or their property, your travel insurance would help to bear that loss in your place.
This is often the most complicated clause of the insurance and needs to be understood in depth before agreeing to any such measure.
So the next time you consider your plans to be going amazing, take some time to imagine a few situations.
What would happen if you're having the time of your life at a beach holiday when all of a sudden a hurricane comes and you've to evacuate as soon as possible?
What would you do the next time your wallet and passport are stolen on a foreign trip? Or even worse, your airline carrier goes bankrupt. Since the expenses were non-refundable, where will you get assistance from?