TRAVEL INSURANCE – A Necessary Extra

Travel insurance can seem like a boring and unnecessary item on your pre-travel to do list – why spend money protecting yourself against a holiday disaster which may never happen? However, expensive holiday disasters, such as cancellation, medical emergencies or lost possessions, can strike at any time, whether you’re popping over to Europe for a long weekend or travelling the world for two years.

The main items covered by travel insurance are:

• Cancellation Cover
• Emergency Medical Expenses and Repatriation – NOTE There are many travel medical plans available that include Covid related medical expenses. But since not all do, it’s important to verify Covid coverage before buying a plan if it’s a priority for you.
• Personal Possessions, Travel Documents and Gadgets.
• Activity Cover - Some travel medical insurance policies won’t cover expenses that resulted from activities such as mountain climbing, skydiving or parasailing.

If you plan to engage in activities like this, work with a travel insurance agent to compare adventure travel insurance plans to make sure your particular activities will be covered.

• Legal Advice
  
• Personal Accident

The most common overseas medical emergencies policyholders experience include:

• Fractures from falls
  
• Trauma involving motor vehicles
  
• Respiratory problems such as a collapsed lung
  
• Cardiovascular problems such as a heart attack

If you don’t have the right coverage in place and you get injured or sick on your trip, you’ll be stuck paying medical bills out-of-pocket.