Mitigating Risk: The Importance of Travel Insurance
Making sure you have good insurance cover when you travel abroad has always been a savvy thing to do but it has become an even more important aspect of your travel plans in a post-pandemic landscape.
Sites like sanetraveller aim to give you regular tips and guidance on important topics such as travel safety and security. One regular subject that always needs to be talked about is travel insurance and here are some key reasons why it is so essential.
Medical expenses can soon spiral out of control
An unexpected medical emergency in a foreign country can soon escalate into an expensive and traumatic experience.
No one can accurately predict when they might fall ill or need treatment. If you have an existing medical condition you might have a better idea of the precautions you need to take but, whatever your circumstances, it is clear that you need a backup plan.
That is where travel insurance comes into play.
When you arrange the right level of travel insurance cover you can be sure that you should be able to get the medical and financial help that you might need to put things right.
COVID-19 has been a real game-changer in the travel insurance industry and coverage has been updated with many policies to account for this potential scenario.
Another key factor to consider that has come about from the pandemic is the need to cancel or amend your travel plans at short notice.
Travel insurance is designed to account for this eventuality and you should be able to take out a policy that covers the prospect of cancellation due to COVID-19 or other issues that prevent you from continuing with your travel plans.
Make sure you check the terms of the policy to see what is covered. However, the most important point to remember is that without travel insurance you could be severely out of pocket if you have to cancel a trip or return home at short notice.
Refused permission to travel
Another aspect of the pandemic that has changed the landscape is the fact that some borders have suddenly been closed at short notice or travel restrictions have been imposed.
This means that you could be fit and well enough to travel but when you get to the airport you might find that you are denied the chance to board your plane or gain entry to your chosen destination.
You could also fail a COVID test at short notice, for example.
All of these scenarios could prove to be very expensive if you don’t have travel insurance in place.
Although the global pandemic has fundamentally changed the travel industry and insurance companies have had to rethink their policies as a result. This is not the only reason for making sure that you are adequately insured when you travel abroad.
There are many justifiable reasons why travel insurance is so essential in mitigating risk.
When you consider how many things that travel insurance can cover against, would you want to leave home without having the peace of mind that comes with knowing that you have it covered?