7 Great Reasons to Buy Travel Insurance
1. You can relax and enjoy your trip
One of the most important reasons you should consider buying travel insurance is so you can travel with extra peace of mind. The best part of a trip or vacation is having the opportunity to relax and unwind - but an unfortunate incident such as a flight cancellation or a medical emergency can quickly turn your vacation upside down. However, if you opt to insure your trip with Travelex, an untimely mishap doesn’t have to ruin your adventure!
2. Your financial investment is well protected
No one wants to cancel a vacation or lose the money they’ve invested on a trip. With a Travelex travel insurance policy, you’re covered in a variety of situations that may cause you to either cancel your trip or cut it short. In these instances and more, travel insurance can help provide the financial support you need.
3. You have coverage for emergency medical expenses
It doesn’t matter if you’re traveling through a remote area of Africa or visiting Canada for the weekend, your health and safety should always be a top priority. If an emergency medical evacuation or emergency medical treatment is necessary, Travelex can help you find a doctor and organize transportation to your hospital of choice for treatment. Should you become hospitalized while traveling, Travelex travel insurance policies include transportation of a visitor of your choice to stay with you or to transport any traveling children back home.
4. You can receive reimbursement for stolen or lost personal belongings
A trip to the beach isn't much fun without a bathing suit. If your luggage is delayed or lost, Travelex plans go above and beyond. Travelex can refund you for items lost, stolen or damaged, and reimburse you for necessary items you need to buy until your baggage is returned.
5. You have access to 24/7 travel assistance and concierge services
You can call the toll-free number 24/7 prior to departing for assistance or advice on planning your trip. Yes, Travelex can help you with services such as booking concert tickets, making dinner reservations, or finding out the tee-off time for golf. Then, when you’re traveling, one toll-free call gives you access to a variety of travel services like medical emergency assistance and lost baggage retrieval.
6. Your health insurance doesn’t cover everything
According to the US Department of State - Bureau of Consular Affairs, your domestic health insurance may cover “customary and reasonable” overseas costs. However, they often won’t pay for a medical evacuation back to the US, which can cost upwards of $50,000. That’s where Travelex’s travel insurance plans can help. With coverage automatically included for emergency medical and dental expenses as well as for emergency medical evacuation and repatriation, a costly bill won’t have to ruin your trip or your finances.
7. Your own travel insurance policy can make up for your credit cards’ shortfalls
There’s a good chance your credit card provides some coverage for travel insurance. It’s important to check the actual details of this coverage as it can vary depending on your card type. It can even cost you additional funds to invoke, as credit card companies often have a number of conditions you need to comply with in order for their insurance to apply. For example, you may have had to pay for the entire trip using that credit card for any related insurance claims to be valid. For higher benefits coverage, purchase a specific travel insurance plan that matches your personal needs.