Life is quite unpredictable and things are hard to control especially when you are travelling. The risk tolls up sometimes as it is impossible to calculate the unforeseen disasters during the trips. Sometimes even things don’t proceed as planned and this is when you realize the worth of buying travel insurance. Extra prices of travel insurance do pinch us hard but the bottom line is, it is wise to secure the risk of travelling than to repent later.
On the road, you face different risks, such as being mugged or having an accident. These things take unexpected turns at the most inconvenient time, and that’s just the way they are. A travel insurance policy can provide you with financial protection in such scenarios.
Travel insurance remains a relatively new concept in India but the number of people in our country choosing to purchase travel insurance has increased. However, many are still skeptical of getting such a plan for themselves. Even if travel insurance is regarded as a waste of time, energy, and possibly your money, we still recommend strong 9 reasons why people must buy travel insurance. Take a look!
1. Assist with medical emergencies
An emergency medical situation on a flight or in a foreign country is a totally different scenario from being ill. If you don’t qualify for the subsidies offered to locals when you seek medical treatment abroad, the cost can be ginormous. The costs of an ambulance to transporting a patient from the accident site to the closest facility will only increase. You will not be left unassisted if you have an overseas travel insurance policy with an adequate level of coverage, which includes protection against medical expenses and hospitalization costs.
2. Lost Luggage
The expense of replacement luggage during a trip is covered by a travel insurance policy with luggage coverage. The policy you have for your homeowners or renters insurance may also cover anything that happens to your luggage while you’re checking in at a hotel.
As well as baggage delay coverage, some travel insurance policies also offer this additional coverage.
3. Trip Cancellation
An unforeseen circumstance can force you to cancel your trip before you’ve even packed your luggage. A tour operator going out of business, your illness or the death of a family member could be a reason but you are covered in all odd circumstances. If you cancel your trip, your travel insurance will reimburse you for prepaid, non-refundable trip costs. Moreover, you or someone traveling with you can claim unused travel costs under the policy’s cancellation feature if the individual or that person becomes ill or injured. You, a family member, or a travel companion may be eligible for the trip cancellation benefit if they die in the middle of your travels.
4. Providing coverage for the entire family
With your family, you will incur some extra costs than individual insurance depending on the size of family and coverage you opt for. Family Insurance is bliss if you are traveling with your family. There are family travel insurances available in the country that covers everyone in the family including two adults up to 60 years of age and children with disabilities up to 21 years old.
5. Trip Delays
It can be a headache for many travelers to experience travel delays. If a flight is delayed due to bad weather or a mechanical problem, a travel delay policy can reimburse restaurant and hotel expenses. Flight delays and cancellations were reported for over 53,000 flights in 2015. Things like a stolen passport, a traffic accident, a natural disaster, and many other unexpected events can cause your trip to be disrupted or completely ruined. You can get travel insurance that will cover you in many of these situations, so you won’t have to worry so much about the potential expense if that happens to you.
6. An event of terrorism occurs
If a terrorist attack takes place weeks before you’re supposed to leave on your trip that you’ve planned for years, travel insurance can save you from a last moment crisis. New York was once thrown into chaos with its airport shut-down but thanks to travel insurance, the money was refunded to all those who were covered under travel insurance. It wouldn’t make sense to travel now, but would you lose all your non-refundable charges if you did? Travelers with terrorism coverage do not lose all their money if they cancel their trip.
7. Lost or stolen passport
Your passport is missing from your bag while attending a conference in Chicago. Your memory tells you that you didn’t leave it anywhere or maybe it was stolen by someone. No matter what the reason is, you will receive assistance in obtaining a new passport by paying for it. This assistance is provided only if you are insured.
8. Bankruptcy filed by the travel company
After you and your friends plan a two-week birthday cruise in Alaska, you learn the week before you have to leave that the cruise company has ceased operations due to financial problems. What options are available to you to recover your funds? In the event that you are forced to cancel your trip due to financial reasons, trip insurance can reimburse your costs. By using assistance services, you’ll be able to schedule your cruise on a different date as well.
9. Effortless travels and stays
When you purchase an appropriate travel insurance policy, you can ensure a stress-free trip while recovering losses against unforeseen circumstances. In addition, the reimbursement will compensate for longer stays in the travel destination resulting from a health breakdown until you are well enough to return home.
Often, travel insurance is a small investment compared to the trip costs so you must consider this wise option especially to avoid unpredictable hassles when traveling. Not only is travel insurance vital for those who want to get the most out of their trips, but it is also critical for those who travel occasionally.
Points To Remember When Buying Travel Insurance
Before you sign up for any policy, you must read the fine print to understand exactly what is covered. Check and ask any questions you have to a broker or insurer to clear up any doubts and ensure that you’re well informed about your policy’s terms and conditions. Travel insurance generally covers you for only a limited amount of time during your travels. There may be alternative combinations of protection offered by some insurance companies to meet the specific needs of customer groups, e.g., a policy tailored to frequent travelers at a company, etc.Experiencing great memories should be the focus of your travels, not hassles!
So travel with Adotrip for hassle free traveling. Book flights, hotels and tour packages and get exciting offers.