How Important is Travel Insurance?

how important is travel insurance

You love to travel, or you would probably not be reading our travel blog. When you book a vacation, you’re not just buying travel, you’re buying memories. But even the best-planned trip can incur unforeseen issues. I would never travel without travel insurance. Travel insurance should really be thought of more as travel protection. because it includes so much more than just trip cancellation insurance.

Did you know that when you travel out of the country, your medical insurance may not cover you? Did you know that if you obtain your travel insurance from the provider (i.e. buying the cruise line’s insurance protection plan) you will not have financial default coverage if that provider goes out of business before your trip?

Still not convinced that travel insurance is for you?  Ask yourself, “Can I afford to lose my vacation investment?”  Sickness, injury, or worse can occur when you least expect it–not only to you, but to a non-traveling family member. Without travel insurance…

  • Would you be able to pay all of your emergency expenses out of pocket and in advance?
  • Would you be covered if you injured yourself on your trip and required emergency assistance or medical evacuation back to the U.S.?
  • Would you be able to leave immediately if an elderly parent passed away or there was a medical emergency in your family back home while you were on your trip?
  • Would you get your money back if something happened before your trip and you needed to cancel?

Travel insurance helps protect against unforeseen emergencies which can occur at any time. It also helps protect you against other circumstances like travel delay, lost or

stolen baggage and personal items, missed connections, hurricanes and so much more. In short, travel insurance is Peace of Mind. It allows you to relax and enjoy your vacation without worry. If you don’t think it’s worth the cost, just ask someone who’s needed to file a claim.

TravelSafe Insurance is one of the nation’s largest and most well-respected providers of travel insurance. What distinguishes TravelSafe from their competitors is their experience – over 40 years. Since 1971, their family-run business has been working hard to protect the traveler and serve the travel agency community all the while remaining on the forefront of innovation and product development. TravelSafe offers the most comprehensive travel insurance coverage in the industry. Travel insurance providers are not all the same and neither is the protection they may claim to offer. By insuring with TravelSafe, you get decades of travel insurance experience in every policy – plus the attention, the personalized service and the coverage your clients they need to allow them to relax and enjoy their vacation.

Some common misconceptions about travel insurance :

Misconception 1: 78% don’t buy travel insurance because they think they do not need it. However, the US State Department reports that 310,000 passports were lost and stolen abroad last year and the Air Transport Industry Baggage Report indicated that 25 million bags are mishandled every year. Travel insurance and travel assistance can help consumers with these common mishaps.

Misconception 2: Many travelers think travel insurance coverage is mainly for overseas medical emergencies only. However, nearly half of travel insurance purchasers (48%) bought travel insurance for travel inside the Continental U.S. More than half of purchasers (55%) buy travel insurance for all or most trips and nearly a third (31%) buy for some trips.


Category: Insurance

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