So, you’ve finally booked that holiday of a lifetime to America you’ve been planning for so long with your beloved, the flights are confirmed, the hotel rooms are the best you can get and everything is in place. However there is one more crucial matter you need to consider when travelling abroad to far continents – travel insurance – whilst it might seem like an unnecessary expense at this point it could eventually save you a lot of money.
Travel insurance cover is vital when going to another country but there are many travelers who neglect it and then end up paying a lot of money out of their own pocket for medical assistance or other unanticipated situations. Medical bills can work out very expensive in other countries so you need to be prepared with a policy that fits your specific needs.
Insurance can protect against all kinds of eventualities not only the medical ones, for example if the airline you have booked flights with cancels them for some reason or the tour operator ceases to operate due to bankruptcy you are likely to get your money back if you have adequate cover. Some people like to book holidays up to a year in advance so they have time to save, book the time off work, and prepare. However this means that the chances of something happening to prevent you from going are quite high, nobody knows what can happen in a year’s time.
Holidays aren’t cheap particularly to long-haul destinations which makes it important to secure your investment as much as possible. And it doesn’t only work one way either, there might be a reason why you’re the one who has to cancel due to something unexpected happening, such as ill health or a death in the family.
You need to ensure your policy covers, at the least, for cancellation on either side and in the event of a medical emergency. The cost of the policy all depends on the details; this includes where you are traveling and the risks involved to that country, the duration, what age group you are in, and how many trips are involved.
Most travel policies will also cover loss of baggage and theft, thus protecting your belongings and personal possessions. People like to travel with a camera, phone and laptop these days, as well as designer clothes and expensive luggage, all adding up to a fair amount if they need replacing.
There are generally 3 types of insurance policies, for frequent travelers there are annual travel insurance plans that cover for any number of trips over the period of a year, also multi trip policies, and those that cover only 1 trip.
As well as how many times you travel and for how long, each policy and the amount of premium you pay will depend on what you are covered for. The lower the premium the less you are covered, so if you want to protect yourself against absolutely everything, flight delays, cancellation, the hotel burning down, losing your luggage, comprehensive medical benefits and much more, then be prepared to dig deep into your pocket.
Visitors to the USA or Canada are highly recommended to get insurance as they are not eligible for domestic health insurance plans. In most cases you don’t even get a choice, if you want to visit one of these countries then it’s compulsory to have sufficient cover before you are granted a visa. This is because health insurance in America is so high.
Finding the right policy however can be a real chore as it involves wading your way through the hundreds offered by numerous insurance companies. Online you’ll find resourceful services that offer all kinds of tips and services for international travelers, they can help you select affordable and reliable visitors insurance policies where you can first compare plans and get quotes before purchasing. Bajaj Allianz travel insurance is one of the leading insurance companies offering overseas travel insurance plans.
No insurance will result in you having to pay out thousands of dollars in the event of an unexpected disaster or tragedy. You never know what the future holds so taking out visitors insurance can put your mind at rest that if anything should happen you have the funds to pay for it.