Thursday, April 26, 2012

Why You Need Travel Insurance

Why You Need Travel Insurance

Travel insurance is highly important if you are going on holiday and it is a serious mistake to consider going anywhere abroad without it. Many people however aren’t completely familiar with the purpose of travel insurance, nor why it is so crucial – and so here we will look at the answers to those questions and analyse why you need it and what it will cover.

First of all, one reason you get travel insurance is in case you should end up not actually going on your holiday. You might think that this is unlikely, but there are many things that can lead to your being unable to leave. For instance it may be that the plain is unable to fly, in which case you will need to rebook your hotel and may be unable to make the new date. Another reason you may be unable to go on holiday could of course be that you yourself have fallen victim to an illness or an injury. It doesn’t take much to prevent you from being able to go on your holiday, and if you should end up with gastric flu or a broken limb then this will mean you are unable to fly and again mean you have to cancel your flight and your hotel.

With travel insurance and specifically cancellation insurance this won’t matter quite as much. Of course it will still be a big shame if you are unable to go on your holiday when you expected, but it will be a much bigger shame if you don’t get your money refunded as that will probably mean you end up not being able to afford to go at a later date. Use travel insurance and cancellation insurance and you will get all of your money back, which you can then put into a later holiday.

Of course that’s not the only thing that travel insurance can help you with. Another situation where you might need travel insurance for instance would be when you end up having to spend more money than you planned while out there. This can happen if for instance you end up having to stay at a different hotel for whatever reason, or if you end up staying longer. If your flight is delayed and you need to stay there an extra 24 hours, or even longer, then you will have the choice of remaining in the airport for that entire time (not great if you have a family) or of using travel insurance in order to book a new room so that this can actually end up being a good thing as far as your enjoyment goes.

There are many other reasons you might end up spending more or losing money on holiday. For instance you might lose your luggage which is a common occurrence when travelling. More importantly though you may injure yourself – and if you are going on holiday to ski or otherwise partake in activities then travel health insurance becomes even more important. There are many other situations too where you may need travel insurance and that’s the point – you can never predict this.