5 Reasons Why You Need Travel Insurance

It’s no secret that there are still some circumstances beyond our control when we travel despite careful and thorough planning weeks or months in advance.

Delayed flights, lost or stolen luggage and medical emergencies are just some of the unpredictable scenarios one can face.

Without travel insurance, disruptions during your trip will end up burning a significant hole in your pocket; however, there are still travelers who choose to disregard purchasing that extra protection. Most trips often times go without a hitch so why add an unnecessary expense on top of the already expensive travel fees?

Buying travel insurance is a gamble. No one wants to pay for something unnecessary, but no one wants to regret not buying insurance either. It’s a conundrum. To help lessen the confusion, here are some reasons why buying a travel insurance is worth the risk.

#1 You Need To Cancel Your Trip
If you suddenly find yourself unable to go on your trip for an unforeseen reason such as you’re required to work, an illness, an accident or a death of a family member, you’ll be able to recover your out-of-pocket expenses with the help of trip cancellation coverage.

#2 Your Flight Is Cancelled
If your flight is delayed or cancelled due to a natural disaster or your travel provider goes out of business, a travel insurance with trip interruption coverage will reimburse you non-refundable travel costs.

#3 You Get Sick Or Injured On Your Trip
In most countries, medical treatment for visitors is costly. If you require medical attention because of an illness or an injury, travel medical coverage has your back. You won’t end up paying an expensive medical bill and you’ll have assistance services to locate a hospital and arrange transportation.

#4 Your Baggage Is Lost
This is the most popular reason why people buy travel insurance. Lost, delayed or stolen luggage can be such a hassle when you’re on a trip; thankfully, travel insurance with baggage delay coverage will provide you a certain amount to purchase the personal items until your baggage is retrieved. Meanwhile, baggage coverage will reimburse you for the value of the lost or stolen baggage and the personal effects included inside.

#5 You Need An Emergency Medical Evacuation
In case of accidents, it’s important to have insurance that can cover you. If you find yourself needing immediate medical attention, you’ll need a medically equipped flight to return home or a safe transportation to a medical facility. Typically, medical evacuations can cost tens of thousands of dollars but with medical evacuation coverage included in your travel insurance, you won’t need to completely empty your bank account just to afford this.

If, after all this, you’re still not convinced getting travel insurance is worth it, consider how much of a financial disaster it’ll be if an accident does happen. Isn’t it better to be safe rather than sorry?

Ritchel Mendiola
Ritchel Mendiola

Ritchel Mendiola is a feature writer based in the Philippines. In addition to writing for Balikbayan Magazine, she is a news correspondent for Asian Journal News-Manila.

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