Whenever you’re planning a trip overseas, the last thing you want to consider is that something may go wrong. However, planning for the unexpected is something that all travellers should do. The best way to protect yourself is to take out a comprehensive travel insurance policy. Even if you’re fit and healthy, and convinced that you won’t get sick, that doesn’t mean you won’t get into an accident or lose your luggage. Here’s some reasons why you shouldn’t go on holiday without travel insurance:
You get into an accident and require medical treatment
This is probably the most important reason to take out travel insurance. In the event that you get sick whilst on holidays and require any kind of medical treatment, you’re liable for the costs if you don’t have any travel insurance. These costs can go into the thousands, particularly if you end up in the hospital. Comprehensive travel insurance covers you for any medical expenses you might incur overseas, so you don’t have to worry about how to pay whilst you’re recovering.
Your passport, wallet or other valuables are stolen or lost
There’s nothing worse than having your stuff stolen, especially on holiday. By taking out a comprehensive travel insurance policy you’re covered should the unthinkable happen, and you get robbed or lose something. The amount of cover for stolen and lost items differs between policies, as well as what items are covered. It’s best to read your policy to ensure you’ve got an adequate level of cover.
Your flight/s get cancelled
There’s a range of reasons why your flight might be cancelled, whatever the reason it sucks. You’ll be in enough of a huff worrying about the state of your holiday with your cancelled flight; the last thing you want to contend with is the reality that this cancellation may mean you’re out of pocket. Most comprehensive travel insurance policies will cover cancellations, up to a certain amount. Again this differs between policies so knowing what you’re covered for is essential.
Your luggage is lost
So you finally land in your destination ready to begin your holiday, and instead you’re face with the nightmare of all your belongings being lost! Adding cover for your luggage ensures you’ll be compensated in some way for your lost luggage.
Another reason people decide not to take out travel insurance before a holiday is because they don’t understand what policy is best suited to them, and what coverage they are receiving. Here’s a short explanation on how you choose a policy and what you should look out for:
- A comprehensive travel insurance policy gives travellers the most complete coverage when going overseas. You can get policies which are cheaper and only cover the basics, however often these won’t include coverage for flight cancellations or lost luggage. You should always be sure to read exactly what you’re covered for, and how much coverage you’re receiving.
- Policies ask you to choose an excess level, like most types of insurance. Ensure you know what amount of excess you have- remember the higher the excess, the lower the insurance policy price. If you end up needing to make a claim you’ll be required to pay the excess so choose wisely!
- Make sure your travel insurance covers you from the day you’re leaving, till the day you get back. If something happens outside the duration of your policy you won’t be covered.
- Shop around for policies, an internet search can not only find you a cheaper policy but one that covers you for more! Or if convenience is your thing, travel agents can help you to organise travel insurance; so why not book your travel insurance when you book your flights?