Although trip planning is fun and exciting, it can also be a daunting task. This is because there are so many things to do and consider before you fly out, so it is easy to get overwhelmed. From researching the destination to packing all essentials you need for the trip, it is best to have an efficient checklist to follow so you don’t miss anything important during the trip planning process.
One thing many travelers often forget to include is travel insurance. However, now more than ever, travel insurance is a crucial part of every vacation to-do list. It offers plenty of benefits, including protection against a variety of risks related to travel, as well as coverage against medical treatment that may arise as a result of unexpected complications during your trip.
If you are still hesitant about getting travel insurance, keep reading to learn why you need it for your next trip.
Travel insurance basics
In general, a typical travel insurance plan will include five main courses, including trip cancellation and interruption, medical, evacuation, baggage, and flight insurance. There are also add-ons you can include to cover specific concerns such as identity theft. However, most insurance companies feature them in the basic plan so you don’t pay an additional fee for them.
For instance, the comprehensive travel insurance plan is often the most sought-after coverage as it usually covers all of the abovementioned courses. However, because insurance prices and policies can differ between companies, you might want to work with brokers from reputable insurance companies such as AHA insurance to help you find the best travel coverage for you.
Keep in mind that knowing a few basics before you decide to purchase an insurance policy is important, so you can choose the one that best suits your needs and preferences.
Benefits of travel insurance
Medical expenses and emergency assistance
One of the biggest reasons why trip cancellations and interruptions occur is because of health emergencies. Whether it is a sudden injury or illness, these emergencies often lead to high medical bills and extended lodging costs for travelers. The best way to save yourself and your travel partners from such expensive costs is to have a travel insurance plan to cover any medical expenses.
However, when you obtain your travel medical insurance, make sure you check what is included in the policy. Some insurance companies have a limited amount of expenses they are willing to cover as well as other emergency medical costs such as repatriation and air ambulance.
Personal possession and luggage
Another benefit you get from obtaining a travel insurance is that it covers your personal possessions and luggage. This includes your bag, suitcase, and any other items that you bring on your trips such as eyewear, jewelry, and clothes. The monetary amount you are covered for is typically a maximum and is broken down into sub-sections. Each item in your luggage will fall under one of these sections. This will determine the maximum amount that you can claim if it is lost, damaged, or stolen.
It is important to note that every policy is different in terms of what is and is not covered. So, it’s important to check before you travel as some items come as standard, while others come as an extension and you need to pay extra for them.
Personal accident and activity cover
Trips are meant to be memorable, so the chances are you will probably participate in many activities, from skiing and winter sports to bungee jumping and skydiving. However, all of these activities come with some risks, so it is important that you are well covered in case you sustain any injuries while participating. Your insurance plan will cover any medical expenses that may arise should you get injured on your trip.
If you or your travel partners get injured during your travel or suffer damages caused by a third person, you may need to seek legal advice from a lawyer. This is another great benefit of obtaining travel insurance as the policy may include a legal expenses section that will pay for the cost.
If you want to have the best time on your trip and not worry about any additional costs, then you should obtain travel insurance. The insurance will be able to cover any medical expenses, losses, or damages you may experience during your trip should things go wrong. Although the prices of the policies may vary, it is certainly well worth it compared to the massive costs of health emergencies overseas.
For more information, refer to our guide and read about the benefits you get from getting travel insurance.