Why You Should Have Travel Insurance

Travel Insurance Destination Tourism Vacation Concept

Even the best-laid travel plans can sometimes go awry. Unexpected events or accidents can derail what was otherwise a dream vacation. However, there are steps that you can take to protect yourself, such as purchasing travel insurance to protect you and your loved ones in the event of illness or accident. There are several things that travel insurance can do for you. One is to provide peace of mind so that you can enjoy the trip of a lifetime without fear or worry. Travel insurance can also provide a financial backstop if you need to cancel your trip due to illness or family emergency; this is known as trip cancellation coverage and will allow you to recover your out-of-pocket expenses if the cancellation is for a covered reason.

Let’s suppose that you are on your trip and get to the airport only to face delays due to weather or mechanical issues with the plane. I encountered this very situation in Toronto once and had to pay the cost of a hotel out of my own pocket. I certainly wished I had missed connection coverage to take care of this added expense! This type of coverage will also take care of any fees or charges that result from your needing to change flights. Traveling during the summer months also exposes you to risks from weather such as severe thunderstorms and hurricanes. Maybe an approaching storm has cancelled all flights into New Orleans. Trip interruption coverage will refund any prepaid expenses or allow you to stay in a comfortable hotel until it is safe to continue your journey.

A couple of years ago Hurricane Maria hit Puerto Rico and caused widespread devastation. Many hotels and resorts were severely damaged or destroyed. Some of them were out of commission for a year or more. Travel protection for weather damage would have come in handy in this instance. It would have allowed you to recover your costs and even help you arrange a vacation in a new destination once the storm had passed.

One of the most common forms of travel insurance is for medical reasons. An individual with health issues or those traveling to regions where the quality of care is poor will definitely want to carry this type of coverage. Imagine being in some distant land and becoming violently ill, and you don’t speak the language or know where to turn for help. Medical travel coverage can assist you in your own language and keep you from being stuck with a huge bill. In many countries, payment in advance is required even for medical emergencies; you don’t want this to happen to you. Medical travel insurance can also provide for an emergency evacuation. Suppose you fall seriously ill while on a South Pacific cruise, for example. With the proper insurance, you can be medically evacuated to an appropriate care facility. Transport of this sort will often cost tens of thousands of dollars if you end up paying for it out of pocket. Medical travel coverage will keep your loved ones and your wallet safe in instances such as this.

There are other reasons for having travel insurance that are not as commonly known. For example, you may lose your passport; travel insurance will help pay for the costs of getting it replaced and will help expedite the process. In addition to weather-related disasters, there is also insurance that will protect you and reimburse your expenses in the event of man-made disasters such as war or acts of terrorism. There is also the more everyday sort of inconvenience such as lost or delayed baggage. You can get money to help replace the items that were lost or stolen, and you can even be reimbursed for the cost of a new suitcase. Another lesser-known reason for travel insurance is to protect against default or bankruptcy in the event the touring company or cruise line you booked with declares bankruptcy and goes out of business.

As you can see, there are many different reasons to have travel coverage. The experienced travel experts at Condor Tours and Travel are happy to work with you to help identify the right level of coverage for the trip you have planned. Give us a call or contact us through our website today!