Imagine this; you are finally travelling to a foreign country for your much-awaited summer vacation. You are excited and can’t stop dreaming about sipping exotic cocktails, watching beautiful sunsets, and meeting vibrant people. But as soon as you land, you lose your baggage and with that all the important documents you were carrying. And while you are in a foreign land with no extra clothes or money or documents, you accidentally get injured. That’s a nightmare you don’t want to see. This is where voyage insurance comes in.
It’s travel insurance that saves you from such unpredictable scenarios. It’s a fallthrough plan that will stay with you and make sure that all possible risks are covered and you can enjoy your holiday in peace. To know more about what exactly travel insurance is, what it covers, and why it’s imperative that you get one, stick with us till the end of this blog.
What is Travel Insurance?
Life is unpredictable and so is every plan we make, including our travelling plans. Insurance ensures that you have the financial means to deal with various risks when you are travelling internationally. From injuries and medical treatments to lost luggage and travel disruptions, various kinds of policies cover these unforeseen scenarios and disruptions.
What does Travel Insurance cover?
While different insurance providers have different policies and offers, here are some of the most common covers that the best travel insurance providers offer:
- Medical expenses
- Trip/flight cancellations/disruptions
- Lost or stolen baggage
- Adventure sports
- Misplacing/losing travel documents
As we said earlier, the coverage and limits may vary based on the place you are visiting, your insurance provider, and their policies. It’s always in your best interest to read the policy carefully, especially the fine print, and understand what’s covered and what’s not.
While most travel insurances are pretty standard, the COVID-19 pandemic brought major changes in the policies. Many of them now offer coverage for COVID-19-related expenses like testing, treatment, and quarantine facilities. With the recent rise in COVID cases around the globe, it’s better to go for travel insurance with covid coverage.
5 Reasons to Get a Travel Insurance
It’d suck if you had to spend your entire vacation being paranoid about all the things that can go wrong. To avoid that, it’s better to arm yourself with the best travel insurance in 2023!
While there are many reasons why you need to get travel insurance, here are the most common 5 reasons why you need travel insurance before you plan your trip!
1. Medical Emergencies
Jhis is the most common reason why folks get travel insurance. You never know when you’ll fall ill or get injured, requiring immediate medical attention. When you get the best assurance voyage, it can cover the cost of various medical expenses including hospitalisation/medical treatment, and emergency evacuation. However, some travel insurance policies may not cover pre-existing medical conditions. Before you commit to travel insurance, read the policy carefully and understand what’s covered and what’s not.
2. Flight Cancellations/Delay
Flights get cancelled or delayed all the time. Whether that’s due to weather, technical issues, or strikes. In such cases, travel insurance can provide you with cover for your flight tickets and other prepaid expenses such as hotel bookings, tours, and activities. Do keep in mind that this point might not be covered by all travel insurance providers.
3. Lost or Stolen Luggage
We all laugh at the main leads in the movies when they lose their luggage over a stupid overlook on their part. Spoiler alert; this can very well happen to you in real life. And when you lose important items such as your passport, phone, or camera, it’s another nightmare in itself. But if you get travel insurance, you can get financial aid to replace your belongings or get compensation for the items you lost.
4. Natural Disasters
There’s no telling when a natural disaster like an earthquake, hurricane, or flood hits your vacation destination. It can happen out of nowhere and bring a stop to your travel plans. If you ever come across such a scenario, your travel insurance can cover the cost of evacuation, accommodation, food, and other expenses. It’s important to read the policy carefully to know when natural disasters are covered and what documents you must provide.
5. Adventure Sports
A lot of people travel far and wide to try exciting adventure sports such as bungee jumping, skiing, or snowboarding. While these sports might be thrilling, they also come with risks. If you’re injured while participating in adventure sports, travel insurance can cover the cost of your medical expenses. Do note that not all travel insurance policies cover adventure sports.
Conclusion
Now you know how travel insurance can save you in your most difficult hours when you are travelling to a foreign place. But make sure you check all the policies carefully. Not all travel insurance policies cover everything we mentioned above, and the coverage limits may vary from provider to provider.
Before you pick travel insurance, compare different policies, read and understand the T&Cs carefully, and then choose the policy that best suits your needs and budget. Sometimes cheap travel insurance can do more harm than good so make sure not to compromise with the price.