Top 10 Benefits of Travel Insurance
Have you ever asked yourself, ‘What are the benefits of travel insurance?’. You probably have, and with good reason. Insuring your trip helps make sure your trip isn’t spoiled by unplanned—and costly—expenses.
Here are some of the many benefits of travel insurance:
1. Sometimes trips have to be canceled
Life can be unpredictable. Having travel insurance means you don’t have to pay for your trip if you need to cancel.
2. Lost or stolen luggage can wreak havoc on your travel plans
While on a trip you may lose your luggage or have it stolen. Most luggage takes an average of five days to return to its owner. You may need to pay to replace your passport or buy clothing. Travel insurance, such as that provided by Allianz Global Assistance, offers coverage to replace your items right away.
3. You may require support in case of a medical emergency
It is estimated that 30%-50% of travelers will become ill or injured during their trip. If you suffer an accident or illness in a remote part of a country, you may need airlifting to a hospital or back home. Travel insurance can cover medical emergencies, especially for travel outside the United States, where many hospitals request cash payments in the thousands before treatment can even begin.
4. In the event of a natural disaster, airline strike or act of terrorism, airlines will not refund your ticket
We bet you didn’t know that! Allianz Travel Insurance plans can cover the cost of these unexpected trip disruptions and help you get home quickly and safely.
5. You may not be able to recover your Frequent Flyer Points
If you’re a frequent flyer, travel insurance is necessary to protect your points. If you’ve paid for part or all of your flights with points, travel insurance can compensate you for the value you’ve lost.
6. Most excursion tour operators require that you purchase travel insurance
Make sure you secure travel insurance in advance through a reputable agency like Allianz Global Assistance to get the best coverage at the most affordable cost.
7. You may get in a car accident while on a trip
If you’re involved in a motor vehicle accident, even if it was minor or not your fault, it may end up costing you more than you thought. Travel insurance can cover you (up to the amount specified under your plan) if you’re found legally responsible for someone else’s personal injury or property damage.
8. You could experience economic hardships
You may have to postpone or cancel a trip due to sudden unemployment; travel insurance can help offset the economic crunch when you need it most.
9. You need extra coverage for your family
Travel insurance is especially important for families because it can cover everyone on the trip. Most travel insurance policies cover children until the age of 21 and without pre-existing conditions at no extra cost.
10. You deserve to enjoy a stress-free trip
Purchasing travel insurance offers you peace of mind and allows you to recoup your losses against any unforeseen eventualities.
Allianz Global Assistance
Allianz Global Assistance, a world leader in travel insurance and assistance services, offers countless reasons why savvy travelers protect themselves from travel delays, severe weather, lost luggage, medical emergencies, and more. For more information about how Allianz Global Assistance can benefit you, contact the travel advisors at Vivian V Russell Travel by calling (707) 525-0550 or visit allianztravelinsurance.com.
