Do we need travel insurance? Is one of the common queries people ask while planning their trips. While many times, the answer to this question depends on the probability of you getting into problem during your trip, at times it also depends on where are you travelling to. As per law of some countries, having a travel insurance before entering that country is necessary.
The other factor that plays an important role in deciding if you should buy a travel insurance policy or not is – cost of the premium. From the perspective of necessity, it varies from individual to individual.
But from the perspective of necessity, if you are travelling abroad, you should have a travel insurance or international travel insurance policy, because speaking of travel, the probability of accidents, mishaps, etc is more than when you are in your own country. For instance, a mere change of weather can make you unwell leading you to hospital. And the cost of medical care in foreign countries can prove to be really expensive to your pocket. But if in such a situation you have a travel insurance coverage, you can avail the best possible medical treatment without worrying about the cost for the same.
A good international travel insurance policy can also help you recover the money lost as a result of cancelled or interrupted trip.
Take a look at some of the key benefits of travel insurance:
- Medical expenses including transportation and evacuation
- Dental care expenses
- Personal accident
- Accidental Death and Dismemberment-Common Carrier
- Loss of passport
- Loss of checked-in baggage
- Reimbursement towards Trip Delay
- Trip Cancelation/ Interruption
- Missed Connection
- Compassionate Visit
- Personal Liability
- Financial Emergency Assistance
- Home Burglary Insurance
- Hijack Distress Allowance
So now, if you are planning for a foreign trip, be it a vacation or business, take out some time to pick you travel insurance plan. Just by sitting at home and with easy access to internet, you can easily pick your international travel insurance policy and protect your foreign trip from unforeseen events.