Bet You Should Know These 5 Things About Travel Insurance
We all love travelling and experiencing new adventures; well, at least most of us do. Yet, while we get all excited about our next trip, there is often one important aspect that we always seem to leave out of our itinerary - travel insurance.
We have our cars insured, take education insurance for our kids, health insurance, not to mention life insurance. Few people know about travel insurance. Jovago.com , Africa’s leading online hotel booking company, highlights 5 facts about travel insurance that you may not know; but which are all the same very essential.
Why does it matter?
Every insurance has what it covers. Some may be wondering why travel insurance. This is because it’s intended to cover travel related losses such as medical expenses, flight accidents, lost baggage, trip cancellation among others; either in the country of origin or abroad. The main purpose of travelling is to create lasting memories of time spent enjoying oneself or/and especially with family in a vacation. It is an investment worth every dime, thus, safeguarding these memories should be atop your travel plans. Then, you can let your hair down, pack and go make those lifelong memoirs.
“In life, more than in anything else, it isn’t easy to end up alive.” ― Roman Payne
Am not trying to scare you, but let’s face it; when embarking on a trip, all that comes to mind are the adventurous activities you will engage in. Water rafting, canoeing, hiking/mountaineering are all in your to-do list in Mount Kilimanjaro or even the ubiquitous Mount Kenya . However, amid the entire craze, that boat may capsize just as the rope may let you lose halfway to the peak. Whatever the accident, you will need quick medical response, which come in handy with travel insurance. Remember, some of these areas are remote and sometimes airlifting may be necessary. In cases where you had only budgeted for your travel expenses, such unpredicted occurrences require prior planning to avoid the worst.
Types of travel insurance
By this time, you have a clear conviction why you should take travel insurance. But you are also wondering whether to take an all-inclusive cover or opt for a specific one. Truth is, different service providers offer different types of travel insurance depending on your preferences. Here are some to help you make an informed decision.
#1. Travel medical Insurance – Do not mistake this for your health insurance. This type of insurance is intended to cover your medical needs during your travelling period. Further benefits may include emergency airlifting back home for personalized medical attention. There is nothing like a distance too short to require a travel medical insurance.
#2. Trip cancellation/interruption insurance – In most cases, airfares are non-refundable and paid in advance. This means, in case of a default by your tour operator, or any other emergent reason why you have to abruptly cancel your trip; all your money goes down the drain. This also applies to hotel booking cancellations with a non-refundable policy (upon having a genuine reason). Trip cancellation insurance helps pay for outlays following a trip cut short and retains your money that would otherwise have been lost.
#3. Luggage loss and delay coverage – Having to deal with a lost luggage situation can turn your most anticipated trip into a complete nightmare. Despite the many suggested tips on handling your baggage during your trip, what do you do in the event that you unfortunately lose it? Ogling at the open space won’t bring back your stuff, so why not be on the safe side by taking luggage loss insurance. Most airlines or hotels will never compensate you, and this is the best way to protect your travel bags and all their components.
What travel insurance does not cover
Important to note especially when travelling to prone areas, is that most travel insurance do not cover terrorism related threats and political conflicts. It is therefore advisable to consult with your service provider before embarking on your journey.
When best to get travel insurance?
According to Aristotle, “The ideal man bears the accidents of life with dignity and grace, making the best of circumstances.” By taking your travel insurance NOW, you guarantee the best travel experience for you and your loved ones.