Why buy travel insurance? Travel insurance is the most important investment due to unforeseen events happening on a daily basis. We are not saying that it is common but we can’t be sure about the next moment and what life has prepared for our well planned trip. Hence, travel insurance is necessary, especially in case of abroad trips which have high-risk involvement and insurance covers all of those risks.
However for many passengers, this travel insurance is an unnecessary expense and they ignore it, and mostly it is done by the younger generation. And it is not worth it to ignore this expense even if you are young and healthy. Here, in this piece, we will put light on the importance of buying travel insurance while travelling because it is better to be safe than sorry.
Why Should You Buy Travel Insurance?
Buying travel insurance can never go in vain, it will always be a smart decision and many benefits are there other than acting as a cure for any risk. When there is no guarantee of any item we purchase then, how can we be so sure of the travel plans we are imagining, that too without travel insurance.
To have a peaceful trip, consider buying travel insurance while booking your tickets for your vacations. This is so weird that we are talking about buying travel insurance but we don’t even define the term. Firstly, let’s get familiar with travel insurance and then the importance.
What Is Travel Insurance?
Travel insurance is the friend in need, and can rescue you in any unexpected travel emergencies. It protects you from any financial distress during travel. It is a wise decision to buy this insurance for your safety. Now let’s move towards the point of why buy travel insurance?
Travel insurance covers medical emergencies abroad, flight cancellation, lost baggage, delayed flights, 24/7 assistance etc. it can be purchased directly from insurance companies, travel agents or even third party insurance can also be bought. Remember that the policy will be different according to the provider and type of policy you are purchasing.
How Does Travel Insurance Work?
To buy the insurance policy for travel, you need to provide all the personal information and trip-related information including the length of stay. After that, you have to select the best policy according to your budget and needs.
The policy will be effective on the day of departure of your trip. Therefore, it is not a magic wand but it can give you peace of mind while traveling.
Key Reasons Why Buy Travel Insurance?
Helps in any kind of medical emergency
This medical coverage includes any emergency before traveling which caused the flight cancellation, then this cancellation or change in departure schedule will be totally refundable. Besides this, if you get sick while traveling then also, this travel insurance will cover all the treatment expenses and lower the overall cost of the treatment.
In addition, this plan will include the emergency evacuation as well as transportation charges to get to the hospital. Hence, it is worthwhile to spend on this travel policy and be on a safer side.
Flight delays or cancellations
Flight delays or sometimes cancellations are common at the time of rush period or some natural calamity, and at that time, refund is provided by the airlines itself. But that refund is not the actual money transfer, it is in the form of vouchers or coupon codes or some offer on the next flight. This creates a disappointment in the passengers and they feel discouraged while booking a flight. But, in travel insurance policy you will get full refund with extra benefits like discounts on hotels, and voucher for next flight etc. Therefore, it is the best option to buy a travel insurance policy and avoid unnecessary expenditure.
Your travel agency goes bankrupt
Just imagine that the agency through which you have booked your flights and done all the arrangements have gone bankrupt and now your money is on the verge to sink with their business. In this situation you will be saved if you would have bought a travel insurance policy. The financial default coverage allows you to cover all the prepaid expenses as per the policy limit.
Lost luggage
The complaint of the lost luggage is under the department of the airlines and it is theory duty to get your baggage safely at your address. But sometimes the company avoids and doesn’t take responsibility of the baggage report and refuses to compensate in case of the lost scenario. Hence, to get baggage along with the compensation travel insurance policy is a must.
The weather issue
Any natural hindrance in the flight timing is looked up by the airlines itself but there is no refund in that case, they just schedule the next flight. However, in a travel insurance policy, you get reimbursement of all your pre-paid plans and cover all the weather damage.
Conclusion
These were some of the reasons which will make you clear how important travel insurance policy is and why buy travel insurance. Booking flights without this policy can be costly sometimes. So, it’s better to follow the famous quote-’prevention is better than cure and travel without any worry. In case of any air ticket related information you can contact FlightsToIndia with exclusive summer offers.