Planning A Vacation? 5 Reasons Why Travel Insurance Is Not An Option But Necessity

The much-awaited holiday season of December is about to begin. All around the world, this month sees millions of people going on vacations and spending time with friends and family.

If you too are planning to go on a holiday, whether it's within your country or abroad, here we bust five myths surrounding travel insurance which will help you understand why it should be seen as a necessity and not an option.

Why Travel Insurance Is Not An Option But Necessity

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Myth 1: I don¡¯t need travel insurance for short trips or domestic travel

The belief that short trips or domestic travels don't necessitate insurance is a misconception. Unforeseen incidents, such as trip cancellations, medical emergencies, or baggage mishaps, can strike irrespective of a trip's duration or destination. Travel insurance stands as a crucial safeguard against these unexpected adversities, ensuring coverage regardless of how near or far you're from the comforts of home.

Myth 2: My health insurance covers me abroad, so I don¡¯t need travel insurance

Some individuals presume that their existing health insurance offers adequate coverage overseas. However, such plans often present limitations and might not encompass expenses like emergency evacuation, trip postponements, or repatriation in dire medical situations. Travel insurance bridges these gaps, offering comprehensive coverage tailor-made for travel-related incidents, surpassing the scope of standard health insurance.

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Myth 3: Travel insurance is expensive and not worth the cost

Cost concerns frequently deter travellers from considering insurance. Nevertheless, the price of travel insurance fluctuates based on factors such as trip duration, coverage limits, and age. It's essential to weigh the potential expenses of medical emergencies abroad, last-minute trip cancellations, or lost luggage against the insurance cost. Often, the value of travel insurance significantly outweighs the financial risks one might face without it. Moreover, with a myriad of plans available, travellers can find affordable options tailored precisely to their needs.

Also Read: Dare To Splurge This Much? These Are The World's 5 Most Expensive Islands To Visit

Myth 4: I don¡¯t need insurance for pre-existing medical conditions

There exists a misconception that pre-existing medical conditions automatically disqualify individuals from obtaining travel insurance or that their conditions won¡¯t be covered. While coverage terms might vary, certain insurers offer policies encompassing pre-existing conditions or provide waivers ensuring coverage for such situations. It's pivotal to disclose all pertinent medical information when purchasing insurance to secure the most suitable policy aligned with your specific needs.

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Myth 5: Travel insurance claims are tedious and often denied

Many travellers worry that understanding the claims process with travel insurance companies is a complex situation that might result in rejection. However, while claims processes require accurate documentation and following guidelines, insurance companies work to simplify these steps and help travellers quickly. Maintaining thorough records, including essential documents and receipts, and communicating promptly in case of an incident greatly improves the chances of successfully resolving a claim.

Also Read; Why Many European Countries Are Levying Taxes & Fines On Tourists

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