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  • Writer's pictureCurly World Travel

Why Travel Insurance is a Necessity, Not a Luxury

Are you planning to travel soon? If so, did you opt for travel insurance? Whether you're taking a business trip or a vacation, we are here to tell you that you should always purchase travel insurance! Travel insurance not only provides financial security in the event of unforeseen circumstances like trip cancellation or interruption, lost or stolen baggage, or medical emergencies, but it also provides peace of mind, allowing you to relax and enjoy your trip without worrying about the potential for financial loss.

This blog post will detail all the ways in which travel insurance extends beyond the realm of luxury and becomes an absolute must-have. Hold on to your seatbelts; it's going to be a rough trip! Let’s hope you have insurance :)

Medical emergencies

Medical emergencies can happen anywhere, but when you're traveling in a foreign country, they can be especially hard to deal with. If you get sick while you're away, travel insurance can protect your finances and give you peace of mind.

When you buy travel insurance, you usually get a hotline you can call 24 hours a day, 7 days a week if you need medical help. The insurance company will help you find the closest hospital or clinic and, if needed, help you get there.

Travel insurance can help pay for your doctor and hospital bills if you get sick or hurt and have to stay in the hospital. Some policies may also cover the cost of getting you back home for medical care or the cost of a medical escort to go with you on the flight.

If you already have health problems, it's even more important to have travel insurance. Some policies will pay for treatment for pre-existing conditions, while others may require you to buy a separate "rider."

Even though good health insurance is important, keep in mind that it may not cover you if you go abroad. Travel insurance will cover things that your health insurance doesn't.

When it comes to your health, it's best to be ready for the unexpected. For a safe and worry-free trip, it's better to have travel insurance that covers medical emergencies than not.

Trip cancellation

Things like a death in the family or a very bad illness can come up out of the blue and force you to cancel your trip. Trip cancellation is one of the most common reasons why people buy travel insurance. Things like a death in the family, a serious illness, or a natural disaster can happen that keep you from going on your trip.

When you buy travel insurance, it can protect your finances if you have to cancel your trip for a reason that is covered. Most policies will pay for trip cancellations if they happen for one of the reasons listed in the policy. For instance:

  • Illness, injury, or death to oneself, one's loved ones, or one's traveling companions

  • A weather event, like a hurricane, that is out of your control and makes the place you desire to visit unlivable.

  • A bombing or other covered act of terrorism at your destination

  • A covered event at your destination, like a war or a civil unrest,

  • Losing a job or being laid off

This means that if you have to cancel your trip for one of these reasons, your travel insurance will pay for things like your airfare and hotel reservations that you otherwise can't get back. Some insurance policies may also cover the cost of tours or trips that have already been paid for.

Lost or stolen baggage

If your luggage gets lost or stolen, it can be frustrating and make you feel stressed. You might have important papers like your passport and visa, as well as valuable things like clothes, electronics, and other things you need for your trip. Unfortunately, the cost of replacing these things can add up quickly, especially if you're going abroad.

You'll be glad to know that travel insurance can help protect you if your bags get lost or stolen. When you buy travel insurance, you are usually covered in this event. This coverage can help pay for the cost of any items that are lost or stolen, up to the policy's limits.

Making a claim for lost or stolen luggage is easy. Most of the time, the first thing to do is file a report with the person in charge of the bag, like an airline or train. After that, you'll need to give the insurance company a copy of the report and any other important papers. The claim will then be taken care of by the insurance company.

Some policies might not cover jewelry, cash, and other valuables, so it's important to know if yours has any exclusions and take the right steps to protect your valuables while traveling.

Travel delays

Travel delays can be very inconvenient and expensive, especially if they are caused by bad weather, mechanical problems, or other things you can't control. If your trip is delayed, having travel insurance that covers delays can protect your money and give you peace of mind.

If you buy travel insurance, it will usually cover you if your flight is late. If you get stuck at an airport or other transportation hub and need extra food or a place to stay, this coverage can help pay for things like that. It can also help pay for things like getting to a new place or back home, making extra phone calls, or communicating in other ways.

Some policies may have specific requirements or exclusions, such as a minimum amount of time that a delay must be, or that the delay must be caused by a certain event, or that coverage only applies to certain types of transportation.

Before you buy travel delay coverage, you should always carefully read the policy's terms and conditions to find out what it covers, what it doesn't cover, and what it needs.

Also, it's a good idea to plan ahead and add extra time to your travel schedule to account for possible delays or have a backup plan for where to stay and other important things in case a delay comes up out of the blue.

Natural Disaster

Natural disasters can occur anywhere in the world, disrupting your travel plans or rendering your destination unlivable. If a natural disaster occurs while you are traveling, having travel insurance that covers natural disasters can help protect your finances.

You are typically covered for hurricanes, earthquakes, floods, and wildfires. If you have to cancel or shorten your trip due to a natural disaster, this coverage can help you get money back for things like unused airfare and hotel reservations.

Some policies may also cover trip interruption, which will reimburse you for expenses such as the hotel, transportation, and activities you paid for prior to the interruption.

It's critical to understand that natural disaster coverage varies by policy. Some policies may exclude natural disasters that occur before or during your trip or are severe enough to render your destination uninhabitable.

Check the terms and conditions of your travel insurance policy to see what types of natural disasters are covered and what the requirements and exclusions are. It's also a good idea to keep an eye on the news and weather reports for the area you want to visit in case of any natural disaster warnings.

Financial default

When a travel provider, like an airline or tour company, can't pay its bills and goes out of business, this is called "financial default." This can happen out of the blue and leave travelers stranded or out of money for things like flights and hotel reservations that can't be refunded.

If you have travel insurance that covers financial default, you will be protected financially if a travel company goes out of business. In most cases, the coverage will pay for non-refundable expenses if the provider goes bankrupt or goes out of business.

Coverage for financial default may be a separate option or rider that you can buy along with your travel insurance. In addition, different policies may have different requirements for the financial default coverage to kick in, such as the provider going out of business within a certain amount of time before or during your trip.

Before you buy a policy, it's important to read the terms and conditions carefully and understand the coverage for financial default, the limits, and the paperwork you'll need if you need to file a claim.

It's also a good idea to find out how financially stable the travel companies you book with are and to book with companies that have been around for a while and have a good track record.

Political or civil unrest

Unexpected political or civil unrest can make it dangerous to travel. If you are going to a country where there is political or civil unrest, you need to make sure you have travel insurance that will pay for you to come home early or change your plans if you have to.

Before going somewhere, you should always find out what's going on and be aware of any possible dangers. It's also important to stay up-to-date on news and travel warnings from your country's government and other reliable sources.


When you travel and plan to rent a car, rental car insurance can be a useful addition to your travel insurance. Many standard car rental contracts don't cover damage to the rental car or liability to third parties. This means that you may have to pay for any damages or accidents that happen.

Travel insurance that covers rental cars can help protect you financially in case of damage to or theft of the rental car. It can also cover third-party liability in case you cause an accident and are responsible for damage to or injury to other people's property or people.

As another tip, some credit card companies may offer coverage for rental cars if you pay for the rental with their card. Check with your credit card company first to see if they offer coverage and to find out what the terms and limits of that coverage are.

When you rent a car, don’t forget to inspect it carefully before you take it, and if necessary, take pictures or video to document any damage that was already there. This will help make sure you don't have to pay for damage that was already there when you got the car.

In the end, travel insurance is an important part of planning any trip, whether it's for business or for fun. It gives you financial security and peace of mind by covering things like medical emergencies, trip cancellations, lost or stolen luggage, travel delays, natural disasters, political or civil unrest, financial default, and rental cars. Checking your policy's coverage and limits is important so you know what is and is not covered.

It can be hard to choose the right travel insurance because there are so many options and factors to think about. Don't be afraid to contact us if you need help choosing the right travel insurance for your next trip. We are here to help you through the process, answer any questions you may have, and make sure you have the coverage you need to enjoy your trip without worrying. Send us a message, and we'll do everything we can to help.

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