8 Benefits of Travel Insurance to Help you Travel Safely and in Comfort
Aug 27, 2021
Travelling is both an exciting and a scary opportunity. There are many factors to consider; weather conditions, traffic, uncertain situation like school holiday, paid leave, schedule for business trip. Perhaps most importantly, what if there was an accident? What if I were to leave my luggage behind? Or an unexpected injury? All that anxiety and stress could be solved with travel insurance. Unfortunately, not many people understand the real benefits of travel insurance. People think it only adds to the cost of travelling.  Whereas in actual fact it reduces the risk of having to spend more on your vacation. Down below we will explore some of the many benefits of travel insurance.   What is Travel Insurance? Travel insurance can be thought of as protection for when you travel, both domestically and abroad. Whilst it is not mandatory some countries require that visitors include it while visiting. Although travel agents are not allowed to force passengers to purchase travel insurance, it is best to include it on the ticket. In addition to an affordable price, there are many advantages to be had. When compared to the short term cost the long-term savings easily outweigh it. There are two types of travel insurance, a single trip policy or an annual policy to cover multiple trips. For single trip, the insurance is only valid for one return trip with validity period up to 180 days. Meanwhile, the annual program can guarantee up to 90 days per trip in one year. Single trip protection can be purchased directly when booking, whether it's a plane, train, or boat ticket. However, if you want to buy it separately with the insurance agency of choice you are more than able to. Annual programs are usually explicitly provided by insurance agencies. It is always wise to read the terms of these programs and weigh the benefits before deciding. Read the benefits and exclusions contained in the policy very carefully.    Travel Without Stress with Travel Insurance A trip should be planned as well as possible. By doing this then the risk of unwanted events can be minimized. No amount of planning can ever fully prepare you for what may go wrong as sometimes life is out of our control. To make the trip safe and comfortable for you and your family, especially when these unexpected situations arise, you can get the following protections from travel insurance.   1. Cover for Flight Rebooking Fee The main thing that we need anticipate when traveling abroad especially during uncertain condition like pandemic that’s currently happening is a change of flight schedule, whether the schedule change is on purpose or not expected. On purpose for example health condition that makes you unable to travel so you have to postpone your trip, or unexpected things for example government regulation that restrict people on traveling during pandemic situation. The benefit of Flight Rebooking Fee that is given by travel insurance will help reduce your expense when making a schedule change for your flight ticket which usually costs quite a lot. Currently there is only one insurance company that provide this benefit.   2. Delay or Cancellation Compensation You also have to account for delays or cancellations when travelling. Whilst this usually happens with airlines you can also experience it with other methods of travel. Travel insurance becomes a further necessity for this very reason, as anyone with an itinerary can attest, when your plans are changed last minute it’s incredibly inconvenient. Insurance companies will compensate the beneficiary if this were to occur as a way to make up for the loss of the original booking. Other than compensation for flight delay and cancellation, insurance company also give compensation for accommodation, tour package, and theme park entrance ticket that got affected. Just as one would claim baggage compensation benefits, one must also keep a file of their travel documents. That way, you have proof of the cancellation or delay and can be compensated appropriately.   3. Indemnity of Lost or Damaged Baggage For those who travel frequently, luggage that is left behind, damaged, or even lost is often a problem. Travel can be uncomfortable when it comes to baggage issues, in addition to taking a long time to fix, your plans can be disrupted. It’s no fun losing all your clothes just as you start your holiday! But with travel insurance, one can obtain coverage for replacement of lost luggage and its contents or coverage for delay costs whilst waiting for your baggage to arrive.    4. Cover the Cost of Hospital Care In these times especially you can never predict when you may fall sick. Though we may leave healthy and fit, there is always a chance we may be struck with unexpected illness. If this was the case you may have to be hospitalized in order to recover. If traveling using health insurance, the cost of hospital treatment will be covered. All expenses will be transferred from the patient to the insurer as long as they visit the hospital partnering with the insurance company. The services obtained can vary based on the hospital and the insurance coverage but may include; 24-hour emergency cover, ambulances, hospitalizations to emergency operations.    This protection is essential if someone is abroad, in a new unfamiliar environment. Your body may react to bugs or climates that it is not familiar with. You don’t want to be saddled with the cost of unnecessary and expensive medical care whilst overseas.   5. Accident Care Coverage In addition to being sick, hospital costs can also be covered if someone has an accident while traveling. Often people forget about this risk, but being on holiday does not mean you are exempt from having an accident. Usually insurance company will provide a huge amount of benefit, especially when considering the potential fallout from such an accident. Paralysis, loss of limbs or risk of disability due to accident would all be covered with no cost to you. In fact, they would provide compensation if it were to befall you. When purchasing travel insurance, pay attention to how much value is given for each event.   6. Coverage from Natural Disasters or Acts of Terrorism Everyone wants to travel in the safest and most comfortable way possible. Unfortunately, our security cannot always be guaranteed. Thankfully travel insurance can help provide a sense of security in case the worst were to happen. In addition to the threat of terrorism, you can also get protection in the event of natural disasters. Both of these incidents are impossible to predict. Therefore, it is beneficial for anyone who has travel insurance as it includes a 24-hour evacuation process coverage.   7. Death Benefit Everyone wants to go back home after a trip. Especially for those who travel for business, when going home means coming back to your family, friends and loved ones. But what happens if an accident occurs or a disease strikes, resulting in death? With travel insurance, one can at least calm down a little when travelling because this insurance will provide compensation for the holder if they happen to pass away while traveling. This benefit can be claimed under various conditions. The insured amount will be given to either the family of the departed or someone appointed by the departed when purchasing the insurance. The amount varies depending on the beneficiary.   8. Repatriation of Bodies The insurance will also help the process of repatriation of bodies not just providing compensation. The benefits will be offered in two forms. There is also the option of cremation or burial assistance if your beneficiary were to not repatriate the body. That way, the family members left behind do not need to be confused about anything to do with the funeral process.   Travel insurance really is worth it, in terms of what you pay for coverage and what the potential benefit is in covering the cost for very expensive medical bills, emergency evacuation and costs related to trip cancellations and interruptions. 

Travelling is both an exciting and a scary opportunity. There are many factors to consider; weather conditions, traffic, uncertain situation like school holiday, paid leave, schedule for business trip. Perhaps most importantly, what if there was an accident? What if I were to leave my luggage behind? Or an unexpected injury?

All that anxiety and stress could be solved with travel insurance. Unfortunately, not many people understand the real benefits of travel insurance. People think it only adds to the cost of travelling.  Whereas in actual fact it reduces the risk of having to spend more on your vacation. Down below we will explore some of the many benefits of travel insurance.

 

What is Travel Insurance?

Travel insurance can be thought of as protection for when you travel, both domestically and abroad. Whilst it is not mandatory some countries require that visitors include it while visiting.

Although travel agents are not allowed to force passengers to purchase travel insurance, it is best to include it on the ticket. In addition to an affordable price, there are many advantages to be had. When compared to the short term cost the long-term savings easily outweigh it.

There are two types of travel insurance, a single trip policy or an annual policy to cover multiple trips. For single trip, the insurance is only valid for one return trip with validity period up to 180 days. Meanwhile, the annual program can guarantee up to 90 days per trip in one year.

Single trip protection can be purchased directly when booking, whether it's a plane, train, or boat ticket. However, if you want to buy it separately with the insurance agency of choice you are more than able to. Annual programs are usually explicitly provided by insurance agencies. It is always wise to read the terms of these programs and weigh the benefits before deciding. Read the benefits and exclusions contained in the policy very carefully. 

 

Travel Without Stress with Travel Insurance

A trip should be planned as well as possible. By doing this then the risk of unwanted events can be minimized. No amount of planning can ever fully prepare you for what may go wrong as sometimes life is out of our control.

To make the trip safe and comfortable for you and your family, especially when these unexpected situations arise, you can get the following protections from travel insurance.

 

1. Cover for Flight Rebooking Fee

The main thing that we need anticipate when traveling abroad especially during uncertain condition like pandemic that’s currently happening is a change of flight schedule, whether the schedule change is on purpose or not expected. On purpose for example health condition that makes you unable to travel so you have to postpone your trip, or unexpected things for example government regulation that restrict people on traveling during pandemic situation.

The benefit of Flight Rebooking Fee that is given by travel insurance will help reduce your expense when making a schedule change for your flight ticket which usually costs quite a lot. Currently there is only one insurance company that provide this benefit.

 

2. Delay or Cancellation Compensation

You also have to account for delays or cancellations when travelling. Whilst this usually happens with airlines you can also experience it with other methods of travel.

Travel insurance becomes a further necessity for this very reason, as anyone with an itinerary can attest, when your plans are changed last minute it’s incredibly inconvenient. Insurance companies will compensate the beneficiary if this were to occur as a way to make up for the loss of the original booking. Other than compensation for flight delay and cancellation, insurance company also give compensation for accommodation, tour package, and theme park entrance ticket that got affected.

Just as one would claim baggage compensation benefits, one must also keep a file of their travel documents. That way, you have proof of the cancellation or delay and can be compensated appropriately.

 

3. Indemnity of Lost or Damaged Baggage

For those who travel frequently, luggage that is left behind, damaged, or even lost is often a problem. Travel can be uncomfortable when it comes to baggage issues, in addition to taking a long time to fix, your plans can be disrupted. It’s no fun losing all your clothes just as you start your holiday!

But with travel insurance, one can obtain coverage for replacement of lost luggage and its contents or coverage for delay costs whilst waiting for your baggage to arrive. 

 

4. Cover the Cost of Hospital Care

In these times especially you can never predict when you may fall sick. Though we may leave healthy and fit, there is always a chance we may be struck with unexpected illness. If this was the case you may have to be hospitalized in order to recover.

If traveling using health insurance, the cost of hospital treatment will be covered. All expenses will be transferred from the patient to the insurer as long as they visit the hospital partnering with the insurance company. The services obtained can vary based on the hospital and the insurance coverage but may include; 24-hour emergency cover, ambulances, hospitalizations to emergency operations.   

This protection is essential if someone is abroad, in a new unfamiliar environment. Your body may react to bugs or climates that it is not familiar with. You don’t want to be saddled with the cost of unnecessary and expensive medical care whilst overseas.

 

5. Accident Care Coverage

In addition to being sick, hospital costs can also be covered if someone has an accident while traveling. Often people forget about this risk, but being on holiday does not mean you are exempt from having an accident.

Usually insurance company will provide a huge amount of benefit, especially when considering the potential fallout from such an accident. Paralysis, loss of limbs or risk of disability due to accident would all be covered with no cost to you. In fact, they would provide compensation if it were to befall you.

When purchasing travel insurance, pay attention to how much value is given for each event.

 

6. Coverage from Natural Disasters or Acts of Terrorism

Everyone wants to travel in the safest and most comfortable way possible. Unfortunately, our security cannot always be guaranteed. Thankfully travel insurance can help provide a sense of security in case the worst were to happen.

In addition to the threat of terrorism, you can also get protection in the event of natural disasters. Both of these incidents are impossible to predict. Therefore, it is beneficial for anyone who has travel insurance as it includes a 24-hour evacuation process coverage.

 

7. Death Benefit

Everyone wants to go back home after a trip. Especially for those who travel for business, when going home means coming back to your family, friends and loved ones. But what happens if an accident occurs or a disease strikes, resulting in death?

With travel insurance, one can at least calm down a little when travelling because this insurance will provide compensation for the holder if they happen to pass away while traveling.

This benefit can be claimed under various conditions. The insured amount will be given to either the family of the departed or someone appointed by the departed when purchasing the insurance. The amount varies depending on the beneficiary.

 

8. Repatriation of Bodies

The insurance will also help the process of repatriation of bodies not just providing compensation. The benefits will be offered in two forms.

There is also the option of cremation or burial assistance if your beneficiary were to not repatriate the body. That way, the family members left behind do not need to be confused about anything to do with the funeral process.

 

Travel insurance really is worth it, in terms of what you pay for coverage and what the potential benefit is in covering the cost for very expensive medical bills, emergency evacuation and costs related to trip cancellations and interruptions.