Many people are wondering if travel insurance is worth the price that they must pay for it. They might see it as an additional unnecessary expense that raises the cost of their vacation or as an expensive hedge against something that is highly unlikely to happen. Unfortunately, things do happen that may derail your plans for taking your trip. This is when travel insurance comes in handy. Here are some good reasons to buy travel insurance before leaving on your next trip.
Unexpectedly Having To Miss The Trip
There are many reasons why you may not be able to take your long-planned-for vacation. An illness, a summons for jury duty, or a sudden family emergency can arise at any moment and you could be out of a lot of money if you do not take your trip. Many of the prepaid costs of a vacation are non-refundable, but with proper travel insurance coverage, many of these costs can be recouped to be used at another time. Make sure that you read all of the terms and conditions for the insurance policy to ensure that you know what is covered and what is not.
Having The Vacation Interrupted After You Have Left
There have been a number of stories in the news lately about cruises being canceled in the middle of the trip and returning to port due to illnesses or mechanical failures. With the proper coverage, you also can receive a refund for expenses incurred if your journey is interrupted. This coverage also typically include expenses incurred due to missed flight connections, weather-related cancellations, or regional terror threats. Verify if traveling companions and family members are covered under the same travel policy as coverage can vary depending if the other parties are staying in the same hotel and if they take the same or separate flight.
Medical Emergencies Out Of Coverage Network
While the health insurance you use at home may provide ample coverage when you are within your covered network, you could find that your insurance is practically worthless if you have a medical emergency while traveling across the border or overseas. Some health care providers in other countries also require immediate payment. Having travel insurance could provide you with the coverage you need in the event of an accident or medical emergency. Some policies may limit coverage for pre-existing conditions and older travelers, so review your policy carefully before leaving on your trip to ensure that you know what is covered and what is excluded.