There are two broad opinions shared by travelers worldwide when asked about travel insurance (did you know, that the Norwegians actually call it reiseforsikring?). The first category consists of adamantly insured travelers, many of whom can recount numerous instances in which insurance has saved their vacation, business or physical health. The second category consists of less conscientious travelers who do not see the point in the investment.
How Insured Travel Can Help You
Traveling while insured means more than being compensated for a missed flight. While this is one of the most common ways in which travel insurance helps people, there are many more aspects to a traveler’s plan.
- Medical Insurance for Travelers – However inclusive your current medical insurance plan may be, chances are that it does not cover the possibility of an emergency surgery in Bali. If you find yourself in the position of requiring medical attention in a foreign country, finding an acceptable means of payment can be difficult.Insuring yourself for medical needs that may happen abroad is a great way to relieve yourself of this stress. Many insurance companies who specialize in traveler’s medical insurance are well-known and easily accessible in the parts of the world most frequently visited by tourists, allowing you to get quick and professional treatment from a trusted doctor, anywhere.
- Theft Coverage – It is no secret that tourists are especially susceptible to theft. Criminals are not always hasty to do their work on locals, and will spy out an unwitting visitor to target with ease. Often, there is little to be done in response, but, if you have travel insurance that covers theft, you can at least recoup your losses from the insurance company.
- Luggage Insurance – One of the most dreaded things that can befall a traveler, especially a frequent one, is lost luggage. Since people tend to take their most important things with them when they go somewhere new, losing luggage can be a devastating experience.
Thankfully, insured and stolen luggage can be compensated for by a travel insurance company.This makes it easy to replace the items that would otherwise be too expensive or hard to find. Since airlines rarely take responsibility for the luggage they lose, it can be a great help to know that you are covered by an insurance company.
Is It Worth It to Purchase Insurance Before Traveling?
Many detractors claim that insurance of this type is not useful because so many trips go perfectly, so why pay more for the eventuality that your trip does not? The truth is that, while a majority of trips go perfectly fine, it is worthwhile to remember that only one needs to go badly to change your life.
Knowing that a single mistake, if left unprotected and uncovered by an insurer, can wildly change your entire life is usually enough to make the insurance worth paying for. Traveling without travel insurance is a sure way to invite trouble, a particular type of trouble made much more complicated by the place you are in.