Travel insurance is one of those things that you have to have, but hope you'll never use.
If you're a traveler that loves to count every penny then travel health insurance is probably not high on your list, as you won't reap any immediate benefit from your purchase...but trust us, you'll be happy you got it should anything go wrong on your trip! Travel insurance will save you A LOT of pennies when you have to make use of it.
There are various different options available, some travelers may be happy with a general policy, while others prefer a tailored package provided by companies such as World Nomads and SafetyWing.
Various cover options include trip cancelation, luggage protection, emergency medical expenses, and emergency medical transportation. A comprehensive travel insurance option will provide all of these.
10 Reasons to get travel insurance for your next trip
1. Emergency medical care with travel health insurance
You never know when you could get sick or injured while on a trip. This is especially important if you are taking part in adventurous activities like hiking, snowboarding, surfing, or scuba diving.
With travel health insurance, you won’t be paying a huge medical bill. You’ll also have assistance services – in your own language – to locate a suitable medical facility and arrange transportation. You can also get travel insurance with pre existing medical conditions as well as specific travel insurance for pregnancy.
2. Luggage protection
You never know when your luggage will get lost on the plane, get stolen while traveling on local buses/trains etc., or get damaged while in transit. This includes not only your clothes in your suitcase but your precious equipment such as camera, laptop, cell phone etc.
If your luggage is delayed, travel insurance will reimburse you for each day you are without it, and if it's stolen you'll be covered to be able to replace your items.
3. Cover if your trip gets canceled
There could be a number of reasons why you have to suddenly cancel a trip -- illness, family emergencies, work responsibilities, or another emergency comes up and you can no longer go. You never know what life is going to throw at you.
With trip cancelation coverage, you’ll be able to recover your expenses for these covered reasons and more.
4. You miss your connection or your flight is canceled
If you are traveling a route that requires more than one flight and you happen to miss your connection for whatever reasons, many travel insurance policies will cover you for those missed connections. The same goes for if your flight is canceled.
5. Adventure and sports coverage
If you are planning on doing any adventurous activities or participate in any sports, this cover will be extremely important for you. World Nomads covers a number of different activities including those in the snow, water, air, on land, and a variety of sports. Whether your scuba gear gets stolen or you get injured while windsurfing, you'll be covered.
6. Working or volunteering abroad
You can get tailored travel insurance if you're going to be working or volunteering aboard, you'll then be covered for anything that happens to you while on the job. Specific covers include for child care, general farm work, hospitality, restaurant, teaching, admin work, ski instructor, and even for office work.
You can also get travel insurance catered towards specific types of trips or types of travelers like backpacker travel insurance, cruise travel insurance, seniors travel insurance, student travel insurance, travel insurance over 70 and budget travel insurance.
7. Assistance with emergency prescriptions
If your prescription medication gets lost, stolen, or runs out, there are travel health insurance covers that will assist you with filling in an emergency prescription. This is an important cover if you're on any vital medication!
8. Your travel company goes under
What happens if you book the most amazing trip with a tour company months before you're due to leave on the trip, then just before something happens to the company and they close down? Some travel insurance companies will help you recoup your expenses already paid and help you book another trip.
9. Losing your documents abroad
This is possibly every travelers worst nightmare. A good travel insurance policy will help you replace your documents and assist in getting you home. Travel insurance for Schengen visa is a requirement.
10. A natural disaster or terrorism act
Should a natural disaster such as a hurricane, earthquake, or flood occur or an act of terrorism happens wherever you are, you'll want to get home. A travel insurance policy will assist in getting you home safely.
Also, if these should happen in your destination before you leave and have to cancel your trip, you'll also be reimbursed for your expenses.
Travel Insurance recommendation: World Nomads
For a comprehensive travel insurance, we strongly recommended World Nomads. They are a well-known and trusted brand among many frequent travelers, they offer good value for money, flexibility, availability to claim online while you're still away, offering coverage for a range of adventure activities, provide up-to-date travel safety alerts through their World Nomads Travel Safety Hub, and even allow you to buy a World Nomads policy if you're already traveling.
Travel insurance and travel health insurance from WorldNomads.com is available to people from 140 countries. It’s designed for adventurous travelers with cover for overseas medical, evacuation, baggage and a range of adventure sports and activities.