7 Reasons Why You Should Buy Travel Insurance
Life is unpredictable as it is, and the risks only increase when you are on a foreign land among people you do not know at all. Anything can happen during such travels, and there is no guarantee that your trip will go as intended. From being mugged to meeting with an accident, you risk all kinds of vulnerabilities when on the go. Fact is, your trip can take the most unexpected turns at the most unexpected of times. This is where having financial cover in the form of travel insurance can come to your aid.
Travel insurance can help you maximize the benefits of travelling while being assured that you are prepared to meet any sort of circumstance that may befall you during the journey. To help clear away your doubts regarding travel insurance, here are certain benefits that such a plan offers: -
Support in Case of Medical Emergencies
Being ill and resting in your home is one thing, and being involved in a medical emergency in a different country quite another. Availing medical treatment in a foreign country without the subsidies that are offered to the locals can be exponentially expensive. Furthermore, instances of medical evacuation from the scene to the closest medical facility will only add to the expenses.
Having an overseas travel insurance policy with adequate cover which includes protection against medical expenses/hospitalization,will save you from being unaided.
Reclaim Flight Rescheduling and Cancellation Fees
Rescheduling or cancellations of flights due to various reasons from medical exigencies, bad weather, to strikes, can disturb even the best made travel plans. And without travel insurance to back you up, you end up paying for the flight cancellation charge or any other charge that may be associated to your trip. With travel insurance, such charges can be aptly taken care of.
Replacement of Lost or Stolen Luggage
Theft or misplacement of luggage or any other valuable is not uncommon when on a journey. Be it electronics, like a broken phone or laptop due to the carelessness of an airline baggage handler, or loss of wallet with your credit/debit card/passport on the journey, the right travel insurance will cover all the blips for you.
Coverage for the Entire Family
Travelling along with your family involves more expenditure than solo travel does. And while you may still manage certain expenses on your solo trip, it is a given that you will require some support in case of a family trip. More people means an increase in risk and higher chances of something going wrong. Thankfully, there are family travel insurances available in the country that cover the entire family including two adults upto 60 years of age, and dependent children up to 21 years of age.
Protection Against Personal Liability
A travel insurance plan can also come to your aid if you are found responsible for injury or property damage suffered by someone else, when on a trip. Instead of being a victim in an accident, you may be the one at fault or there may arise a situation where your kid damaged some valuable which you will have to pay for, to the owner. However, with travel insurance, you have such unanticipated scenarios covered as well.
Stress-Free Stays and Travels
With an appropriate travel insurance plan, you can ensure a stress-free travel while recouping your losses against unanticipated eventualities. It will also help recompense for longer stays in the travel destination owing to health breakdown, until you are well enough to travel again.
Travel insurance is a must-have not only for the frequent travelers, but the occasional travelers as well. With several travel insurance policies available online, you can now compare and buy the best plan for yourself.
Let your travels be about great memories, not hassles!
**To understand exactly about the policy coverage, exclusions etc. read the Policy Wordings carefully.**