Monday, July 9, 2012

The Four Most Important Reasons to Purchase Travel Insurance

More and more people are choosing to go down the budget route when it comes to traveling right now as almost everyone is feeling the pinch of the recession. One way that some people are choosing to cut back on the cost of their trip however is to take said trip without travel insurance. Can this save you money? It certainly can, but unfortunately, it can also end up costing you hundreds of times what you are saving. I will now outline a number of reasons why travel insurance should be moved to the essential category when you are listing what you can drop and what you cannot, for your next trip.

Unfortunately, regardless of how care free we would all love to be, most of us are a little neurotic at heart. And there is no way more sure to bring out your neurotic side than to travel without travel insurance. Unfortunately, regardless of what type of trip you are taking, some things can go wrong. And if you don't have insurance, most people find it very difficult not to worry about those things.

The most important reason to purchase travel insurance is probably the ridiculous cost of medical bills in many countries. Should you be heading to America for example, a serious stay in a hospital could easily lead to bankruptcy if you are not insured. And there is not just the financial aspect of getting injured on holiday. Could you really handle the stress should you have to deal with an injury, a foreign hospital and financial pressures all at the same time?

One of the most commonly claimed elements of travel insurance policies is lost luggage. Not only can a trip take a pretty serious nosedive in terms of pleasure when you lose your luggage, but it can also be a pretty expensive problem. If your airline loses your luggage at the start of your holiday, you are going to have to purchase everything again should you want to actually enjoy yourself. Travel insurance ensures that you can do so without returning home to massive credit card bills.

Regardless of how well you plan your holiday, unforeseen events can occur that would lead to you being unable to head off. Travel insurance protects you if you are unable to take your holiday because of one of a number of common reasons. Eventualities that travel insurance protects against include serious illness, a death in the family, jury duty or an important exam needing to be retaken. And should you find that the destination that you are planning on heading to happens to be experiencing weather that would make your trip unwise, you can stay at home safe in the knowledge that your travel insurance also covers cancellation due to extreme weather conditions.  


Medical Aid Site said...

It's certainly important to be properly insured when traveling, especially if you're making frequent trips abroad throughout the year. You may regard it as an added expense or a luxury but if you're ever in need of it, you're sure glad it is there.

Chris from

Unknown said...

Thanks for the great info on home insurance calgary.

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Unknown said...

Great article. Yep travel insurance is a mandatory thing to be executed before getting on to any trip .thats the safest way to get yourself insured and have a relaxed way of enjoyment.
There are many trusted names in the travel insurance industry but few of the well reneowned names are as foll:
Bajaj allianzx
HDFC ergo travel insurance.
The one being the preffered one.
Do definately have one and commence your journey !!

For more details on the products you may also explore these URLS

Happy travel !!

Unknown said...

Thanks for the information in this article. Do you think you could help me find travel insurance in Calgary? That would be really helpful.

Anonymous said...

I like the way you
Compare Travel Insurance. These concerns must be addressed as we look at insurance plans.

Anonymous said...


Roberto said...

Sometimes credit card companies provide cover for travel insurance additionally covering for baggage loss/delay, and even trip interruption/cancellation.
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