'Do I need travel insurance' is a crucial question to be asking ourselves anytime we plan a trip or holiday, whether its a week away elsewhere in the country we reside in, a beach holiday abroad or months away travelling!
The need for travel insurance applies to all of us irrespective of age or gender!
It's not just a case of your suitcase going missing, what if you are injured abroad? The cost of medical treatment outside of your own country is extremely high and you are solely responsible for paying for it should you ever need it.
Unfortunate accidents can occur where ever you are in the world and for the small cost of taking out an insurance policy to cover you it is absolutely priceless peace of mind.
A list of possible needs for travel insurance are listed below:
The above can be subject to individual excesses/deductibles where for example you are covered for example you may be covered up to $100 per item that is lost in your luggage BUT you will be responsible for paying the first $75 dollars of that element of the claim.
Also depending on age and health it may be possible for insurers to place certain exclusions on a policy where areas of cover will not apply. You will be asked basic questions when completing your application which will identify any possible need for an exclusion to be applied.
You must study the schedule of benefits before committing to any insurance contract so you understand exactly what you are covered for and the relevant excesses/deductibles.
If you are asking yourself 'Do I need business travel insurance?' Please see our 'Do I need business travel insurance' page.
The cost of travel insurance is incredibly minimal if you look around of check out a price comparison website so there really is no excuse to leave home without it!
There are a wide range of available products on the market so when asking yourself 'do I need travel insurance?' perhaps consider one or more of the following that may be applicable to your trip: single trip policy to annual cover, policies specifically for the elderly, backpackers insurance, golfing insurance, winter sports cover, business travel insurance, group travel insurance, family travel insurance, cruise line travel insurance.