Most people who have plans to travel cross-state or abroad focus on material needs, such as those tech gadgets they can’t be without or that new outfit they’ve been wanting to wear for some time.
Although these items will prove to be handy when the time comes, only travel insurance can really help you in the event of an accident or illness. Here’s four reasons to start comparing and buying travel insurance online.
Perhaps the most important perk of having trip protection is the fact that it covers your emergency medical situations. A travel insurance plan is designed to cover the cost of healthcare services for unforeseen illnesses and injuries that you sustain during your travel. While it typically does not cover pre-existing conditions such as diabetes, it does enable the insurance holder to seek immediate medical treatment during their travel.
Baggage Loss and Delay
Baggage can be lost or delayed when traveling, and always causes hassles for travelers in this situation. Most travel insurance plans will offer a fixed dollar amount per traveler if bags are delayed for a set period of time. This fixed dollar amount will allow for the purchase of necessary items such as toiletries and clothing. If baggage is lost or stolen, travel insurance can offer a per traveler dollar amount to compensate for the loss.
Emergency Medical Evacuation
For those situations that require medical evacuation, travel insurance can arrange for and cover the cost of transporting a traveler to the nearest suitable hospital. Left uncovered, this can be a very expensive event for a traveler and it is important to be insured against this type of financial event.
Having travel insurance can protect you in the event that you need to cancel your trip for a covered reason. If you file a trip cancellation claim for a specific covered reason, trip cancellation coverage can reimburse you for all pre-paid and non-refundable trip costs that you incurred and insured.
Now that you’re convinced of the importance of having travel insurance, the next step is finding the right insurance provider. While there are many prominent brands out there for this particular insurance product, not all of them offer the same quality and affordability. To simplify the process and narrow down candidates, search and compare insurance providers online using our free quote form.