Top 5 Benefits Of Having Travel Insurance
Top 5 Benefits Of Having Travel Insurance: Travel is a luxury for most and a hobby for few, nonetheless, there goes a lot of time and effort in planning it. Most people will plan all their needs and requirements but often overlook the importance of travel insurance.
You cannot take some things for granted and your security is one of them. There is absolutely no way to ensure prevention of unfortunate incidents; unfortunately each of us is more susceptible to vulnerability in foreign lands and it is only wise to cater for it. Travel insurance will not evade the misfortunes for you but it can provide a wide range of benefits for travelers.
- Overseas Medical Emergency
In the case of an overseas medical emergency, travel insurance offers twenty-four hours medical assistance for medical evacuations, ambulances and funeral arrangements. It also covers for medical and hospital costs, such as for hospital stays, surgery, and emergency dental treatment.
- Emergency Accommodation and Travel
If you get injured or sick during your travel and going back home is not possible, travel insurance will cover for unanticipated costs of accommodation and travel.
Additionally, due to injury or illness if your travel partner cannot accompany you, their payment for any unforeseen accommodation or travel expenses would be reimbursed.
- Unexpected Return
If it is imperative that you go back home for any unexpected reason, your flights to get home will be covered by travel insurance. Resumption of journey could be because of a death of a family member, hospitalization or even a natural disaster.
- Income Loss
There are options in travel insurance to cover for loss of income for a specific period if during/after travel due to some unanticipated event you can no longer work.
- Protection against Theft
The importance of travel insurance is a lot in case of theft of cash, traveler’s cheques, credit cards and travel documents. You will be given reimbursement for any costs to replace your cards and documents if lost/stole during your travel. Furthermore, if your cash is stolen you are covered for by the travel insurance.