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!
Get new posts delivered by email:
Top Travel Deals on RSS
4 Fun and Free Museums to Visit in Los AngelesComments: 0Rating: 0 / 0
Many travelers head to Los Angeles with ideas of living large like the celebrities who call the city home. They want to experience that magic of the City of Angels without breaking the bank. However, realistic budgets quickly squash those dreams of living large in Los Angeles. While you might not be able to frequent the shops on Rodeo Drive and spend a small fortune, Los Angeles does offer several fun and free museums you can visit to fill up your time in town....read more
7 Last Minute Secret Summer Destinations To Visit Around The GlobeComments: 0Rating: 0 / 0
Not all of us are planners when it comes to travel. However, in the summer months, you can’t really afford to wing it. Many hotels are booked up or prices for everything from rental cars to flights are sky high in the go-to vacation destinations around the globe. However, there are many last minute destinations that can sweeten the end of your summer. While these destinations might not be the loudest and most well known, but hey provide much enrichment without too much of cost or crowds....read more
In My Bag: Kelly’s Jordanian TreasureComments: 0Rating: 0 / 0
In this blog post series, I interview world travelers about an object that came home in their bag and what it means to them. This week’s post features Kelly Moe-Rossetto, woman of the world and founder of Cardamom Collective....read more
Animal of the Week: Maya the Cat, Snapchat World TravelerComments: 0Rating: 0 / 0
Cats. When they’re not sleeping, eating, or peeing on your most prized possessions, they’re becoming Internet famous....read more
4 Simple Tech Tips for Airport TravelComments: 0Rating: 0 / 0
Traveling through an airport isn’t always sunshine and roses. It can mean shoddy Wi-Fi connections, endless hours waiting on a delay and bad meals. While the crowds, security process and bad fast food often can’t be avoided, you can make the tech side of your airport time a little more enjoyable, useful and safe....read more
California: CST #2090295-40, Nevada: SOT #2007-0081, Iowa: SOT #883, Washington: SOT #6027859380010001
Some of the content posted herein are the views and opinions of the individual blogger's and do not represent the views and opinions of OneTravel. It may be the case that OneTravel is partnering with a particular travel supplier mentioned in a blog post, however, all views and opinions expressed herein by parties other then OneTravel are by the respective bloggers.
© 2014 W K Travel, Inc. All rights reserved. Copyright for all material appearing on this website is owned by W K Travel, Inc. Persons accessing this website are authorized to view and print material from this website for information purposes only. Any other use of this material is restricted to non-commercial purposes and must include this copyright notice.
W K Travel Inc. owns the following Trademarks and Servicemarks appearing on this website:
OneTravel, OneTravel.com, and 1Travel. Trademarks and servicemarks for all other products and services appearing on this website are the trademarks and servicemarks of their respective owners.