Travel Travel insurance is not a luxury. It can save you a bunch of money, especially if you want peace of mind when vacationing abroad. there are some affordable travel insurance that won’t cost you an arm and leg to go on your next adventure — how about it? To choose travel insurance, it’s important to be aware of the difference between insurance and coverage.
Benefits of travel insurance
1. Protects you from unforeseen events.
This is the most important thing about travel insurance — it protects you from events that you can’t anticipate. Which is good, because there are lots of things that can go wrong when traveling — from missing your flight to getting hurt in a car accident.
2. It’s a great deal for long-term travelers.
The longer you’re planning to be away, the better the deal will be for you. You see, affordable travel insurance does expire at some point and it gets more expensive as time goes on (it’s true even if your policy is not linked to any expiration dates). So if you’re not using the policy, the longer your trip is going to get cheaper.
3. It’s a good deal for certain countries as well.
For example, Mexico is still covered under the Costa Rica policy, which means we don’t have to pay extra for that trip. Since it’s a day-trip, insurance won’t make sense most likely. But if you’re planning on spending longer than a week in Mexico, you can use the policy to get more money back on your trip and prevent emergencies from happening during that time.
4. Some policies can cover a wide range of things that can happen to you in a country.
For example, our World Nomads policy covers us against terrorism anywhere in the world (at this point, it’s not something that we’re worried about but it’s always good to know). And even though we don’t need it, it’s great to know that the coverage is there.
5. It makes life easier for you if something happens.
Peace of mind is priceless when you’re traveling — and having a travel insurance policy gives you a lot more peace of mind (especially if your policy covers emergency evacuations and medical treatment where you are).
6. If you don’t travel as much, it’s a great thing to have.
If your travel is limited to a single country, then you may not need the coverage. However, if you’re planning on traveling to multiple countries in one trip, then it might make sense to get the policy. You can purchase both covers for your trip at the same time and save money by using both policies together. Regardless of whether or not you use the insurance for your next vacation, it’s never a bad idea to have this kind of coverage when planning your next trip or two.
7. If you’re going to a third-world country, it’s a must.
A lot of people only buy travel insurance when they are going to first world countries, which is great (I mean, who doesn’t want peace of mind when going on vacation?). However, traveling to the third world and having health care issues that can be covered under an affordable travel insurance policy can be highly beneficial. It’s good to know that you will have access to medical care if something should happen.