Travel Insurance

Travel insurance can help protect you and your family from unexpected events or losses that may occur on a vacation or business trip. From medical emergencies to missed flights and lost luggage, there are many reasons why purchasing travel insurance is wise before you go on a journey. Find out the 10 main benefits of getting travel insurance here.

Protect Yourself From Financial Loss.

Travel insurance not only provides you with peace of mind, but it can also save you a lot of money if the unexpected occurs. In the event that your flights are delayed or cancelled due to natural disasters, airline strikes or even terrorism, having travel insurance can help to cover any additional costs incurred as a result. It also protects you from financial losses in cases of lost baggage or theft.

Receive Help If You Need It While Away.

Travel insurance can give you access to a range of assistance, including medical attention or legal advice if needed. Some travel policies even offer specialized care such as helping with repatriation or providing support if being detained abroad. Additionally, certain policies may also help with finding and forwarding lost or forgotten items while you’re away from home.

Be Covered for Unexpected Medical Emergencies.

Falling ill unexpectedly when travelling can be very stressful. Worse yet, medical costs overseas can be sky-high, and replacing lost medication might require lengthy visits to a foreign doctor. With the right travel insurance, you may receive coverage for emergency medical treatment, hospitalization costs and related services such as doctors’ fees or medicine. This could save you from facing huge financial strain after an unexpected health issue.

Have Coverage for Lost or Damaged Items.

Travel insurance can provide coverage for different types of items like travel documents, baggage and personal effects. If there’s a substantial delay before you arrive at your destination, you may be eligible to receive a luggage allowance, too. So if your flight is significantly cancelled or delayed, and as a result, you lose valuable possessions, then depending on the policy your travel insurer can replace them with new ones.

Get Refunds if Your Trip Is Cancelled or Cut Short.

If your trip is cancelled due to an insurer-approved reason such as illness, death, or other unforeseen events, Travel insurance can provide refunds on already-paid costs. Travel disruption cover is typically included with the policy and this will pay out in case of scheduled flight cancellations and airline strikes. Moreover, if your trip must be cut short due to an emergency after it has already begun, then you could also receive financial compensation.