What Is Travel Insurance?
The term travel insurance is commonly used to describe a few different types of insurance. It can sometimes be pretty confusing for new travellers.
You should know what kinds of coverage a travel insurance policy includes, because it may not include everything you think it does.
Travel Health Insurance is coverage for accidents, injuries, and hospital visits while you are away from home.
Medical Evacuation Insurance is coverage for transporting you to a major hospital for treatment.
Trip Cancelation Insurance is coverage for unexpected interruptions in your travel plans.
Baggage/Property Insurance is coverage for theft or damage to your gear while traveling.
Do You Need Travel Insurance?
This is the million-dollar question — and ultimately a personal decision. I’ve met plenty of people who travel without travel insurance and I’ve contemplated doing the same.
But after over 6 years of constant travel, hearing horror stories from other travelers, and getting into a few dangerous predicaments myself — if someone asks for my opinion on the subject I answer with:
YES. Everyone should carry some kind of health/property insurance when traveling.
Why? Because shit happens. Whether you think it will or not. Despite your best-laid plans and preventative measures. Sure, if you sprain your ankle, it might not be a big deal.
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