Travel Insurance – Don’t Leave Home Without It!

Purchasing travel insurance is usually one of the last decisions you are faced with when going on vacation or doing any kind of travel. There are times in which, be it inexperience about the advantages it brings, unawareness of the risks of travelling, or the simple act of trying to keep spending to a minimum, people decide not to opt a travel insurance.

To travel without travel insurance can be the wrong decision. The risks you are exposed to when you are far away from home are very high and, in certain occasions, to travel without insurance can be really expensive in the end. The importance of travel insurance is such that, according to most studies, up to 20% of the travelers end up regretting that they did not acquire one.

In order to raise awareness about the importance of travel insurance, this article will go over the main situations that you may encounter when you are far away from home.

To be ill or to suffer an accident while you are away, whether it is for pleasure or for business, can be a bigger problem than when it happens back home. Travelling abroad without the right travel insurance can be really expensive. In some countries, the expenses for healthcare are extremely costly without insurance to cover for them.

Within the travel insurance policy, one of the main points to which you need to pay attention is the one of medical expenses. In this part, the costs derived from medical consultations, surgical interventions, hospitalization and medication are covered. To be away from home and get sick is the most normal thing. In fact, 49% of medical problems are related to the country of destination. The most common disease among tourists are gastrointestinal infections. It is worth mentioning that these policies do not tend to contemplate things derived from a pre-existent disease, unless it has the character of vital urgency.

The coverage of medical expenses is not the same in every travel insurance. On one hand, the geographical coverage can change, but what really makes the difference is the compensation limit, which can oscillate between $ 600 and $ 200,000! This is something that really needs to be considered when acquiring a travel insurance, because not only does the insurance price depend on it, but so does the maximum covered amount. Lastly, you’ll need to take note of this final point, depending on which country you intend to visit. The costs of an operation or of a day of hospitalization are not the same in every country, for example, the US versus France. In fact, a surgical operation in France would have an approximate cost of 4,000 ECU (Euros), while in the United States that same procedure would cost around $15,000 USD.

If the disease or accident is so serious that you need hospitalization for several days, the travel insurance may cover the flight of a family member to the country where you are situated. Furthermore, the insurance would also pay their accommodation expenses during the time in which you are in the hospital. Even though this may seem unnecessary, it is actually very useful if you will travel alone or with kids who need to be taken care of by someone.

In the same way in which there are never two equal trips, there are never two equal travel insurances. Each trip needs special coverages that contemplate the specific risks it has, as well as the needs of every kind of traveler.

Visit this page in order to look for all the different travel insurances that are available to you and decide which one suits your next trip in the best possible way!