It is up to you whether to take out travel insurance and I don’t want to be your mother, but I would like you to know the consequences of traveling without insurance and to speak honestly from my experience.

Going on a trip without travel insurance can be a big mistake, even for backpackers on a tighter budget. If you travel long enough, eventually something will go wrong. And if you don’t have travel insurance to cover you, you can end up having huge financial problems. Here are 11 reasons why you should buy travel insurance.

take out travel insurance

1. You need to cancel your trip

What happens if someone gets sick and can’t travel, a parent dies, you have to work, or your house floods? With trip cancellation coverage, you’ll be able to get back everything you’ve paid out-of-pocket.

2. You lose your connection

You’ve planned a cruise, but find that your connecting flight to the ship is delayed. With the connection lost, it appears that you will miss your cruise departure. How will you reach the ship? With missed connection coverage, you can take another flight to catch the ship at the next port of call. You will also have support services to help you organize and pay for those travel charges.

3. Your flight is canceled

After attending the family reunion, you arrive at the airport to return home but find out your flight is cancelled. Who will help you find a new flight to return home? With trip interruption coverage, you’ll have the money to pay for a new return ticket and stay in a comfortable hotel.

4. A hurricane reaches your destination

You saved all year for a summer vacation in Aruba, but a hurricane destroys the hotel a week before you leave. Will you lose all the money you worked so hard to save? With weather damage travel insurance, you will be able to recover everything you paid in advance. Travel assistance services can also help you organize a vacation in a new place in case your initial destination is no longer feasible.

5. A terrorist attack occurs

Imagine the situation: you’ve been planning a trip to Egypt for years, but just days (or weeks) before leaving, a terrorist attack occurs. The airports are closed and Egypt is in chaos. It might not be wise to travel at that time. With terrorism coverage, you can cancel your trip without losing all the money you’ve spent.

6. You get sick or injured on your trip

You and your friends have planned a hiking trip to visit Machu Picchu. After the first night in Lima, you wake up with severe stomach pains and a high fever. You can’t walk. Instead, you need emergency medical care. With travel medical coverage, you won’t have to pay a medical bill, which can be huge.

7. Your luggage is lost

Your special day has finally arrived: a trip to a luxury beachside resort. Unfortunately, the airline made a mistake and your luggage is lost. Luckily, you have the basics in your carry-on, but what about your other clothes, shoes, toothpaste, and personal items?

With baggage coverage, you can relax. The service will help you retrieve your bags. They will also reimburse you for the essential items. You will be able to buy toiletries and some clothes (international travel insurance will pay for it). You can even get reimbursed for a bag so you can bring your new stuff home.

8. Your passport is lost

You are in a remote town and your passport got lost somewhere on the way. With Lost Passport Coverage, you’ll have help speeding up the process of replacing and paying for a new passport.

9. You need an emergency medical evacuation

You and your friends have planned a tour in the mountains, but right at the top your friend suffers from dizziness and a dangerously high fever. He needs immediate medical attention. How will you save him?

With medical evacuation cover, you can arrange safe transport to a medical facility. Medical evacuations often cost tens of thousands of dollars, but with travel insurance you won’t break the bank to get out of that situation.

emergency medical evacuation

10. The company you hired goes bankrupt

You’ve planned a two-week honeymoon cruise to the Caribbean, but a week before the trip you see on the news that your cruise has been canceled due to a financial default by the cruise company. How will you get your money back?

With travel insurance that covers financial default, you will be able to recover your expenses. With the help of assistance services, you can also reschedule your cruise.

11. You need emergency assistance services

You and your parents have planned a trip, but on the way, the train is canceled for mechanical repairs. You don’t speak the language. Who can help you find alternate transportation?

With travel insurance you will have emergency assistance services. Service agents will recover your non-refundable fares, then locate and pay for transportation to get you where you want to be.

What to check before taking out Travel Insurance

Travel insurance is an investment, your Plan B. Even if you think you won’t need it, just buy it. It may be the best invested money you will ever spend.

Believe it or not, in the event that something happens, it matters a lot who you choose. And while it’s unlikely you’ll ever need to use your travel insurance, you want to make sure you’re confident in the policy you’ve chosen. Therefore, I always recommend searching and comparing travel insurance providers.

Whichever insurance you take out, be sure to read the terms and conditions of the policy very carefully to ensure that it fully covers your needs.

When taking out travel insurance and comparing policies, start with the basics:

  1. Medical expenses

If you get sick and the bill skyrockets, you want to be taken care of, both medically and financially, especially if you are going to travel to the United States where healthcare is very expensive.

  1. Emergency evacuation

Especially for big adventures you want to be covered against a possible evacuation. Being airlifted out of the mountains with a broken leg can easily skyrocket to over €10,000 even in cheap countries.

  1. Repatriation

If you end up too sick to continue your trip, having insurance to cover the cost of your flight home can save your life.

Share This