The best way to determine if, for you, it
is wise to purchase travel insurance, is to consider the various
emergency situations that could arise during your trip, determine
the best guess for the cost of each, and see whether you can afford
to pay for the worst case scenarios out of your own pocket.
If the answer is no, then it is indeed wise to purchase travel
insurance.
Even if the answer is yes, however, money is not the only issue
in determining the wisdom of travel insurance.
Let's take a look at what can happen in your travels - the situations
that travel insurance could have covered. You and your family
take a delayed flight from home to another location where you
are to change planes. Because of your delay, however, you have
missed your connection. Your tickets are non-refundable, non-exchangeable.
You are now faced with the purchase of new tickets, with a hefty
last-minute price tag, as well as the feeding and housing for
your whole party as the next flight is tomorrow morning. If you
had been wise and purchased travel insurance you would have been
reimbursed for these costs.
Your spouse is diabetic. Her purse is stolen while you are traveling.
You have no travel insurance and you're in a foreign country.
How do you retrieve the money lost from her wallet, replace her
much-needed reading glasses and, most importantly, get her the
insulin she so desperately needs? If you had been wise and purchased
travel insurance you would have been reimbursed for these costs.
You would have also had someone to call or see for help purchasing
insulin.
You have had a wonderful vacation and you're
ready to travel home. You suddenly get the word that the airline
on which you are returning has gone bankrupt and all planes are
grounded. How do you get home? To whom do you turn for help and
advice? You are in a country where few people speak your language.
Who can help you translate? If you had been wise and purchased
travel insurance you could have not only been reimbursed for the
loss of the price of your airline tickets but you could have been
provided with a translator and someone to help you find an alternate
flight or cruise home.
These are but a few of the common occurrences when traveling.
Perhaps travel insurance is indeed a wise decision.
About the Author
Steve Cogger, an active traveler, has developed the http://www.1-Happy-Traveller.com
website for your convenience. Visit today for all of your travel
insurance needs.
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