Top 10 Reasons to Get Travel Insurance
Even a quick weekend out of town can require extensive planning and large deposits. In a perfect world, you’d never have to cancel your travel plans after paying the balance, but in practice, it occurs more frequently than most like to admit. Before you book your next vacation, make sure to review the top 10 reasons to get travel insurance.
- If you buy from an outside company, you may get your money back if the vacation company goes out of business prior to your trip.
- Your travel insurance will refund you the cost of your vacation if you become ill and cannot go on your vacation.
- You can get travel insurance that helps you pay for medical expenses when you become ill abroad.
- When weather patterns in your departing city make it impossible to travel as schedule, your travel insurance policy can keep you from coming out of pocket for rescheduling.
- Travel insurance often pays to replace your missing items when the airline or cruise company loses your luggage.
- Some types of travel insurance will let you change a non-refundable airline ticket without paying the $100 change fee.
- Travel insurance provides additional coverage in addition to what your credit company offers when you use it to purchase your tickets.
- Hurricanes can derail a Caribbean cruise, potentially forfeiting your entire vacation package price if you don’t have travel insurance.
- No matter how many times you ask in advance of booking your trip, a member of your family or a close friend is sure to schedule a wedding, graduation or family reunion as soon as you put down that non-refundable deposit.
- Travel insurance policies are relatively inexpensive compared to the total vacation price, making it an affordable way to get peace of mind once you book your vacation.