You might find yourself asking this. Or you might find yourself asking what you could possibly need with travel insurance. After all, why waste hard earned cash? Wouldn’t it be more fun to spend it on an extra day in the destination of your choice? How about Paris or Rome?
Before you dismiss the value of travel insurance as being a gimmick there’s one thing to keep in mind,things tend to go wrong and we can’t predict when. Be it a volcanic eruption that grounds planes for days, or that memorable day on vacation that someone with a cold sat beside you and shared their germs. Either one can spoil a trip rather quickly.
We all know that it’s no fun being sick or stranded. Suddenly the money you saved by not purchasing travel insurance seems insubstantial when compared to the cash that you are now shelling out on foreign medical bills and/or extra hotel days. Regular home-based insurance policies don’t often cover the cost of getting sick or being stuck abroad but travel insurance does.
This service doesn’t have to be expensive. Whether you’re a budget traveler or a business traveler logging over 50,000 miles annually, there’s a policy for you. In fact, there are a great many annual multi trip travel insurance deals available for price conscious consumers.
In any event, travel insurance is vital resource. It not only protects customers from unexpected flight delays and colds, but it also typically takes care of travelers in the event that they need to be evacuated.
Company policies often cover everything from natural disasters to outbreaks of violence. In worst case scenarios, travel insurance companies will generally help return one’s remains to their surviving kin and provide a stipend to help with funeral expenses.
On a somewhat lighter note, if your valuables are stolen and you have insurance, chances are that you will be compensated for your losses. This will certainly save you the great expense of having to replace your computer, camera, and iPhone, all in one go.
Insurance is also helpful for travelers planning to drive rental cars on vacation. Often regular policies don’t cover driving or other activities abroad, that could result in costly accidents. Therefore, if you’re driving and you bump the rental car into a signpost or a random goat, there could be more problems than just a dented sign or a dead animal. After all, how are you going to pay for it and still have money left to enjoy your trip?
So as you can see, having travel insurance is important for all journeys that one takes in life and multi-trip insurance is the best way to save on policies if you’re constantly on the move.