Summary of Travel Insurance Necessity
Do I Need Travel Insurance?
Before traveling, many people question the necessity of travel insurance. Over the years, we’ve often heard travelers say, “I don’t need travel medical insurance; hospitals are affordable at my destination” or “I’ll just return home if I become ill or injured.”
However, we advocate for travel medical insurance, having experienced its benefits firsthand. There have been multiple occasions where we utilized our insurance without hesitation.
Times We Used Our Travel Medical Insurance
1. Dave suffered a back injury in South America.
2. We encountered second-degree burns from a motorcycle accident in Thailand.
3. I dealt with a serious skin infection in Africa, developing cellulitis.
4. I experienced a severe reaction to malaria medication in Asia.
5. I faced extreme food poisoning in South America.
6. I had a panic attack in Asia that led to a hospital visit!
Each situation required hospital care, some of which would have been financially crippling without insurance. We were grateful for our coverage; it provided peace of mind during emergencies, allowing us to focus on recovery.
Reasons People Don’t Purchase Travel Insurance
1. Travel Insurance is Too Expensive
Many travelers wrongly assume they can afford any medical emergencies if needed. While healthcare in some countries may seem cheap, serious incidents without travel insurance could lead to significant financial burdens. Considering the sizeable investments made in flights and accommodations, travel insurance is a small price for peace of mind.
2. I Can Just Fly Home if I Get Sick
Some believe illness or injury can be resolved by returning home. However, flight changes can be costly, and medical situations may require immediate attention that cannot be delayed. Take, for example, situations where air ambulances are essential due to the severity of injuries.
3. Short Trips Don’t Require Insurance
Even brief excursions can lead to unexpected emergencies. Being near the border doesn’t guarantee safe passage. If an accident happens, immediate medical care is paramount. Delays could be life-threatening.
4. My Credit Card Provides Sufficient Insurance
While many credit cards offer some travel insurance benefits, they often fall short in comprehensive coverage. It’s crucial to review the policy details and understand what is not covered. We always ensure to have additional travel insurance for complete peace of mind.
5. Trip Interruption or Cancellation Insurance is Unnecessary
Life is unpredictable; emergencies can arise compelling you to cancel an expensive trip. Trip cancellation insurance can safeguard your investment. Friends of ours lost a trip due to a medical emergency, highlighting the importance of such coverage.
6. I’m Young and Healthy
You may feel invincible as a young, healthy traveler, but emergencies can and do occur. Our own experiences with motorcycle crashes and severe infections serve as reminders that everyone needs protection.
7. I Only Fly Carry-On, So I Don’t Need Luggage Insurance
The reality is theft can happen even with carry-on luggage. It’s wise to have coverage for lost items, especially valuable belongings like electronics. Insurance provides reassurance against various travel issues.
In summary, the value of travel insurance cannot be overstated. It equips travelers to handle unforeseen events while exploring the globe confidently. Always prioritize your safety and investment by opting for appropriate coverage.
