Holiday insurance or travel insurance is important, first of all in order to make sure to be able to afford medical care of any kind. Basically, the chief purpose of insurance is to mitigate your financial risk. According to recent research, the average medical treatment abroad for foreigners costs between $2000-2500 and can be much higher. Of course, we all avoid thinking about negative things, but isn’t it really worth to spend initially additional $20-40 in order to be relaxed during your whole vacation? Since last several years, we see a growth in sales of travel insurance, because of the growing economic instability, new forms of unknown viruses, terrorism and increased amount of natural cataclysms. So, more and more people prefer to be assured than not.
Here, we tried to give ten persuasive reasons of why you should get a travel insurance before going abroad.
Low cost, big benefits
On average an annual insurance policy costs just $30, what’s equal to the price of the dinner in the ordinary restaurant. Isn’t that a fair price for your serenity? We think it definitely is!
Don’t lose your favorite things, because of somebody else’s fault
According to SITA (airline information technology company), more than 24 million bags had been lost last year. Chances of saying farewell to your belongings and receive a low compensation are high, so reasonably there is need to have your luggage insured, particularly if it’s full of something valuable.
Necessity to cancel a trip
What if you planned and paid for a trip of your life, but suddenly your significant other got sick? It might sound very unoptimistic but these things happen, it is a real life and we should be ready for any circumstances. So, in order to not be disappointed and do not get into depression because of the lost money and ill relative, the good option will be an insurance policy.
You had a connection in Moscow on your way to Tokyo and got carried away by delicious local delicacies like caviar, vodka, and borsch you missed your flight
This is a very realistic situation, millions of people every year, do not show up on board of the plane for multiple reasons. Airline companies even overbook seats in the plane for that reason on a regular basis. So, even your career counts that you will miss your light! In order to get next flight without financial loses, just think about getting an insurance policy once and for an entire year.
A natural disaster damaged your destination
You saved all year for your Christmas family vacation, however, hurricane Irma devastated your vacation paradise two weeks before your arrival date. Without an insurance coverage, you will lose all the money you honestly earned!
Having travel insurance protection for weather damage, you prepaid costs will be recovered and you will get to another fantastic destination easily!
Occurrence of a terrorist attack
You dreamt seeing Gaudi’s fabulous architecture in Barcelona, but due to recent terrorist attacks, you are afraid of going to this sunny destination? With insurance policy with terrorism coverage, you just simply cancel your trip and pick up safer destination for your family adventure.
Injured or got sick
You went to Botswana’s desert, however after few days in the country, you wake with high fever and pain in stomach. In this situation an emergency medical care is indispensable. With travel medical coverage, you won’t be paying for a huge medical bill or even for a medical helicopter, that might transport you from a remote desert area. This situation is not likely; however, Ms. Case doesn’t sleep.
Financial default of the travel company
In this situation, the likelihood of getting your money for a cruise trip with your love of life is equal to zero. However, with a trip insurance that covers financial default of the travel agent, you will be provided with an assistance and solution for getting out from this situation.
Emergency assistance services
Travelling to the remote destination in the extraordinary country your train canceled. You don’t speak local language and locals are not likely to speak yours, even if it’s English. So with that kind of coverage, you will be reimbursed for a canceled train and get a proper assistance in booking new tickets.
Excursion tour operators often require their clients to be covered.
This is not because they receive a commission for every new signed policy. It’s because traveling is always unpredictable and consists hidden dangers, believe us, we are professionals in assessing travel risks.
SafeAround special advice: get your policy, travel with a serenity.