July 26, 2010

Ten Not So Well Known Reasons To Buy Travel Insurance

Most travelers know the obvious reasons to buy travel insurance, that you might get sick or injured at the last minute and have to cancel your trip. But there are many other things that can go wrong where travel insurance can help limit your financial loss, as well as reduce stress and hassle of dealing with unforeseen problems.

1. You arrive for your cruise and but your luggage doesn’t.

2. You house is burglarized the day before you leave.

3. You are in a traffic accident on the way to the airport and miss your flight.

4. You get sick or injured while on a cruise ship and need to see the onboard physician, which is not covered under your regular health insurance.

5. Your company requires you to relocate to another state.

6. Your childcare provider falls ill and you have no one to watch your children during your romantic getaway.

7. Your travel supplier declares bankruptcy.

8. You a member of the military and are called for emergency duty due to a natural disaster.

9. You will forfeit pre-paid tuition and expenses for a study abroad program if your child is unable to travel due to injury or illness.

10. A volcano erupts and shuts down almost all flights to and from an entire continent. (Ok, so that one maybe is more well known.)

(Note that restrictions may apply to coverage limits for the above situations, or require additional upgrades beyond the basic travel insurance policy.)

When purchased directly from an insurance company, policies are very affordable, often just 2-5% of the value of the trip. That’s a small price to pay for peace of mind before and during your vacation.

For more information about travel insurance, contact Suzette Mack, Family Travel Specialist, at suzette@family-treks.com.

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