The Case for Buying Travel Insurance

The Case for Buying Travel Insurance | OneTravel

Did you even ever think about the need to buy travel insurance before heading off on an overseas vacation?

Plenty of people don't purchase travelers insurance because they don't know about it. Others know about it but choose not to purchase because they 1) don't think it is important, and 2) would rather spend that money on something else instead of having it go to waste.

I'm here to explain a little more about travel insurance and why this mode of thinking above might end up costing you more money in the long-run.

Most health insurance policies do not cover your accidents and injuries when you are in another country. That's where travel insurance comes into play. If for some reason, you have to head to the doctor or hospital while traveling, you are now covered and can get some of your money back.

In addition to health coverage, some policies help to cover issues involved with travel, such as having your luggage lost and needing to buy some clothes and toiletries to get by. Some also help to cover the costs if your important belongings get stolen mid-trip like laptops and cameras.

Do you Need travel insurance?
I know, you're probably thinking, “Oh, but I never get injured when I'm at home. I'll buy the insurance and then never have to use it. Money wasted!”

This might be true. You will most likely go abroad, have a terrific time, and, besides a small cold or a bad hangover, you will come home just fine, never needing to touch a claim form.

Call it the worrywart in me, but doesn't traveling often put you in new places with new medical concerns, or make you do things you might not do at home more often than not?

For example, malaria runs rampant in certain parts of the world, and that can easily put you in the hospital for an extended stay. And, when do you think you'd be more likely to go skiing, jet boating, or hiking in rather remote places? Probably when you are out traveling on vacation, right?

Forget the claim of needing to be evacuated to a medical center that can provide the proper medical treatment, costing you $90,000 out of pocket without a travel insurance policy. Think about the simple broken bone. Even that can cost you thousands of dollars – perhaps even thousands of dollars you don't have.

To me, there would be nothing worse than having to call a trip short because all of our money was gone paying for medical bills, especially when a small investment in the beginning could have prevented it.

What do you think? Is travel insurance a necessary purchase, or a waste of money?  Stay tuned for next week when we talk more about the different kinds of insurance and what they might cover.

 

Follow us on Twitter for more travel tips! 

Post your Comments












Book with OneTravel

  • Flights
  • Hotels
  • Cars
From:
To:
Click here for calendar
Time:
Click here for calendar
Time:
Adults:
Seniors: (65+)
Children:(2-11)
Infants on lap:
Infants on seat:
Class:
$ 15 OFF
Big Savings Coupon Code: Blog15

RecentPosts

  • 5 Unique Airports Around The WorldComments: 1Rating: 0 / 0

    1
  • By:Suzy Guese, last post 21 Apr 2014
  • On paper, an airport is a humdrum place. Countless travelers pass through airports each and every day. While some of these crossroads on the map are as one would expect, others are much more than containers of grouchy passengers, bad food and countless magazine stands. From out-there runways to terminals just for royalty, here are a few of the world’s most unique airports....read more

  • 3 Affordable Cameras To Take on Your Next TripComments: 0Rating: 0 / 0


  • By:Suzy Guese, last post 21 Apr 2014
  • In order to remember your travels, you must either possess a steel trap of a mind or a nice camera. Some travelers lug around bulky and large DSLR cameras to take the very best photographs of their travels. Others merely pull out their smartphones and concede their phone takes “good enough” photographs for travel. However, if you fall somewhere in the middle in that you want to take high quality photographs on your worldly adventures but you don’t want to spend an arm and a leg to do so, there are a number of cameras on the market that can capture those travel memories without costing the price of a small vacation....read more

  • Foodie Friday: Italian Gelato RecipeComments: 1Rating: 0 / 0

    1
  • By:Diana Denza, last post 18 Apr 2014
  • You don’t have to trek to Rome for a serving (or two) of the cold, creamy goodness known as gelato. Bring the taste of Italy to your dessert table with this simple recipe....read more

  • A Unique Jewelry Collector’s Guide to New YorkComments: 0Rating: 0 / 0


  • By:Jen Westmoreland Bouchard, last post 18 Apr 2014
  • One of my favorite things to do when visiting the Big Apple is to splurge on unique, stunning jewelry pieces. It’s no secret that New York boasts a robust independent jewelry design scene, which bodes well for discerning collectors like myself. Here are my top five suggestions for where to get your adornment on in NYC....read more

  • Ai Weiwei at Lisson Gallery, LondonComments: 1Rating: 0 / 0

    1
  • By:Chris Osburn, last post 17 Apr 2014
  • Just announced are the details of an upcoming exhibition by firebrand artist, Ai Weiwei, at London's renowned Lisson Gallery....read more