Top 10 Reasons to Purchase Travel Insurance

Everyone loves a peaceful journey and a nice vacation away from home. However, people often seem reluctant to secure their tour with travel insurance. They either consider it unnecessary or find it suitable only for long international journeys. They can’t be more wrong.

Imagine landing at your destination, but your luggage isn’t there yet. You’ll have to wait a few extra hours, maybe even arrange lounge service at the airport, and pay for a meal. With travel insurance, your insurer would reimburse you for these unforeseen expenses. 

That’s just one of the many travel insurance benefits globetrotters like you can enjoy. So, join us as we explore 10 reasons you must buy travel insurance for all your journeys.

1. Medical Coverage 

Both domestic and international travel insurance plans include coverage for unexpected medical emergencies throughout your trip. This coverage compensates you for medical expenses, including hospital visits, treatment, and emergency medical evacuation.

2. Protection Against Trip Cancellations

You may need to cancel your trip before departure due to health issues or other reasons. In such cases, having travel insurance becomes crucial. It covers all kinds of trip interruptions, including reimbursement for non-refundable expenses due to sudden cancellations. 

3. Coverage for Lost or Stolen Luggage

Airlines delaying and even losing baggage is a common occurrence, especially during peak travel seasons. And sometimes mischievous elements may steal your luggage. Fortunately, travel insurance benefits also include reimbursement for delayed, lost, and stolen luggage. Some policies also pay for the emergency purchase of essential items to make up for the loss.

4. Personal Liability Protection

Suppose you rent a bicycle or a vehicle to explore a town abroad. However, you may have an accident that causes damage to property and injuries to a person. With travel insurance, you can shield yourself from legal liabilities resulting from accidental injury, death, or property damage caused to a third party abroad.

5. Support in Legal Matters

Accidents, issues in travel documents, or any other event can also cause legal trouble, ruining your entire vacation. Instead of spending money on exploring restaurants and monuments, you may be forced to hire a legal representative. Travel insurance will again come in handy, assisting with legal issues and covering the cost of representation and legal fees.

6. Financial Recovery for Flight Delays

Travel insurance also helps you manage the added costs that come with delayed and cancelled flights. While your airline may offer you a refund for the price of the ticket, travel insurance also reimburses you for extra expenses due to delays, including meals and hotel stays.

7. Assistance with Passport and Document Recovery

In case you lose your passport or visa or they get stolen, international travel insurance covers the cost of replacing them. Insurers also have a network that assists you in contacting the local bureaucracies and helps you recover your original documents. 

8. Coverage for Adventure Activities

A regular travel insurance plan doesn’t always cover high-risk activities like skiing, scuba diving, paragliding, trekking, etc. But that’s not a dead end. The insurer offers specialized protection plans for adventure trips. These travel insurance plans offer tailored coverage to match the risk levels of your favourite adventure sport.

9. Access to Emergency Assistance Services

Travel insurance gives you unrestricted access to a round-the-clock global support service. Whether you need to arrange emergency transport, seek medical help, or evacuate, help is just a phone call away. Furthermore, toll-free numbers and multi-lingual support ensure there are no hurdles between you and immediate help in critical situations.

10. Stress-Free Travel

The last and most important reason to buy travel insurance is that it offers a stress-free travel experience. It protects you against a wide range of hiccups, such as flight delays, lost luggage and passports, medical emergencies, the need for evacuation during turmoil, and more. 

Knowing you’re fully covered allows you to relax and cherish every moment of your journey. Moreover, it gives the adventurist in you the confidence to explore new destinations across the globe without losing sleep over the financial repercussions of events outside of your control.

Key Takeaways

This wraps up the top 10 reasons to buy travel insurance. Benefits such as coverage for medical complications, emergency transport and evacuation, flight delays, stolen belongings, and more are worth every penny when travelling to an unknown location away from home. 

Now, only one thing remains: purchasing the right travel insurance policy for your journey. Make sure to compare your options and get a plan with an adequate sum assured covering your holiday from start to finish. 

Using platforms such as PhonePe can simplify the process of selecting and buying the right travel insurance policy.