Why travel insurance is so important
Why do I need travel insurance?
As the holiday season approaches, many of us will be going abroad. Many people remember the important things, like packing the Christmas presents, but what about travel insurance?
What if you become ill overseas?
If you fall ill while overseas, you should seek medical help. If the illness is minor, a trip to the local chemist or pharmacy can be enough, however, if your illness appears to be more serious, you should contact your insurer.
Under travel insurance, your insurer will know the best hospitals and doctors in the area and will be able to advise on the best course of action. Without travel insurance, you could end up receiving poor care and significant medical bills.
What if you lose your luggage?
If your luggage is lost during a flight, you have the right to claim compensation from your airline. However, if you have travel insurance, you’d be better off making an insurance claim, as you’ll get more money and find it easier to claim this way.
If your luggage is lost, damaged or stolen overseas, on the other hand, you will be responsible for replacing your items if you don’t have travel insurance. With the right travel insurance, you can be reimbursed for all your lost items and expenses.
What happens if you can’t reach your destination?
When you travel, there is a lot that is out of your control. From a delayed flight to a cancellation, without travel insurance, disruptions to your trip can end up costing you a fortune. In many cases, you would lose the money you’ve already paid and have to fork out even more on new bookings and flights. With travel insurance, you are covered for all incidents that are out of your control.
Taking out a suitable travel insurance policy is potentially one of the most important purchases you'll make for a trip. Without the right travel insurance, a dream holiday can soon become a nightmare.