TRAVEL INSURANCE – WHAT IS AND WHY YOU NEED IT?



The world is such a magical and incredible place that not even the worst times can hinder people from traveling to the most inspiring and beautiful destinations. While most places are completely safe to travel, there are always risks while traveling and people should be aware that some can be minimized, while others can happen at any time. Usually, the longer the distance, the more risks they are likely to face. To combat most of these uncertainties and give travelers a tool against risk, travel insurance is the best solution. Travel insurance covers the risks derived from traveling domestically or internationally. For a usually low expense, travelers are thus insured in case something unexpected happens during their trip. The benefits far exceed the cost of buying travel insurance, as travelers not only have the peace of mind that comes from being protected, but also receive a long list of benefits in case something does happen. In some cases, travel insurance is included in the overall vacation package if buying from travel companies. Other times, the insurance is compulsory and needed to be able to travel in certain destinations or take part in certain travel activities. Even if it is not required, it is always advisable to have it just in case. It is the best way to protect yourself, your family and your belongings while traveling, as these times are usually less predictable and much riskier. Another great advantage is that travel insurance is extremely easy to acquire as most travel operators and insurance brokers will sell it. Usually, it can even be bought online by the traveler himself, with minimum personal information disclosed and a low price. Apart from its usefulness in case something happens, travelers that have it can usually better enjoy their trip and activities, without worrying too much about each and every thing that could happen. This is especially true in foreign countries where not everything is familiar and there are many more risks involved. Considering the current state of the world, with the pandemic and so much uncertainty, travel insurance should be the first thing to consider when traveling!


There are usually many types of travel insurance and people should be aware and choose the one they need and offers the most coverage. Thinking about the future travel itinerary or involved risks, some of the items included in an insurance policy might not be needed, while others could prove critically important. Another thing to consider is the minimum and maximum amounts of money insured, as these can also vary. Before actually signing to a travel insurance policy, it is important to know what to expect and to carefully read the terms and conditions. It is also important to choose a renowned insurance company, as there are plenty to choose from, but only a few that are truly trusted by travelers. One type of travel insurance can cover the actual travel package itself, covering the reimbursement of any paid services in case the holiday is canceled for various reasons, including the bankruptcy of the travel company. This also includes flight or hotel cancellations that have nothing to do with the tourist himself. Other insurances include medical coverage for the travelers, reimbursing any sum of money spent abroad for emergency medical care, up to a specified amount. Thinking how much money these things usually cost and how cheap travel insurance is, it’s pretty clear why one needs it. Another topic is the unfortunate death or severe injury, when insurance can cover the repatriation or even benefit surviving beneficiaries. A less serious, but a much more frequent case is the loss or theft of luggage or personal items. Most policies cover these risks and some might even be much more specific and include particular risks for certain destinations and cases. So, in short, the types of travel insurance include trip cancellation, baggage loss or theft, emergency medical and accidental death, some packages including all of the above. While none of these might occur during a trip, the benefits of having travel insurance greatly outweighs the low cost of purchasing one and it is always a good idea to be safe and protected.

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