There are many vendors trying to convince you that going abroad without a travel insurance is completely stupid. However, most people on vacation have already invested enough in their travel expenses to overlook, at best, the frivolous extra. And there are arguments on both sides of the fence. If you have never encountered a flight or cancellation of a cruise ship, loss of personal property, or serious medical illness outside the United States, you may have never seriously considered a travel insurance plan. However, for those travelers with the above experience, many experts agree that a well-researched insurance plan may have been helpful.
Do You Need Travel Insurance?
Before deciding whether to buy travel insurance or not, there are a few factors to consider. First, are you planning the wonderful, once-in-a-lifetime vacation you've had on your to-do list for the past ten years? This type of trip may require some thoughtful consideration when considering protecting yourself and your long-awaited investment. You may pay off a small additional investment in the event of flight cancellation, health insurance, and lost luggage should anything happen to your trip.
Medical travel insurance
Traveling outside the US? Make sure that, especially when you are staying for a long time, you are covered by health insurance if, for example, you have a medical condition while in Tanzania. You may be surprised to ask your insurer how low insurance coverage you have when traveling outside the United States. Many insurance plans only cover doctors and care in certain areas of the network. And a big reminder for seniors: Medicare does not apply outside the United States. Also, make sure your vaccinations are up to date before traveling. And depending on where in the world you are traveling, know what types of inoculations you may need in addition to those already available.
Most travel experts agree that travel insurance is not necessary for all travelers, but for some it is certainly a wise idea. A long stay outside the US would indicate some type of medical coverage. In the event of a medical emergency, you should ensure transportation to the United States. Your health insurance plan may include emergency medical care, but it is unlikely to pay for continuing to take you home.
Plans and Coverage
There are companies that are simply waiting for you to sell any travel insurance package, including insurance in the event of a terrorist event and accidental death. You need to consider exactly what is most likely to go wrong and plan the situation best. Experts recommend that you thoroughly examine your travel insurance plan and make sure that you are fully aware of the insurance coverage details before paying. Comprehensive package deals are likely to cover a little bit of all the major aspects of your trip, including trip cancellation, luggage loss, and basic medical and / or dental plans, but buy again and make sure you're really covered.