Travelers often debate investing in quality travel insurance. Some prefer to “risk it,” others rely on credit card coverage, and some simply don’t understand its benefits.
As digital nomads, we consider travel insurance essential. It provides peace of mind as we traverse multiple continents monthly.
We’ve encountered tales of those without travel insurance and of people whose lives were saved by it.
Travel insurance covers more than just medical emergencies, such as reimbursing eligible expenses for airline delays, lost ski rentals, or delayed luggage. Review your Certificate of Insurance to understand the benefits.
Here’s an overview of what travel insurance can cover:
Medical Emergencies and Evacuation
Healthcare in the US is costly, with a single hospital night exceeding $10,000. In a serious medical emergency abroad, the right travel insurance plan provides crucial assistance.
Travel insurance can reimburse non-refundable bookings and deposits in case of unexpected events like a family death or illness.
Travel insurance may cover delays and missed connections, reimbursing eligible meals and accommodations for delays exceeding six hours.
For lost, stolen, or damaged baggage, travel insurance can reimburse eligible purchases, including sporting equipment.
Property Damage and Car Insurance
Travel insurance can cover hotel room theft and rental car damages, providing primary coverage and 24-hour emergency assistance, depending on the plan.
In conclusion, investing in travel insurance is a smart decision for any traveler, offering a safety net for medical emergencies, trip cancellations, delays, luggage issues, and more. It provides peace of mind and financial protection, allowing you to fully enjoy your adventures without the burden of unexpected expenses. Ultimately, travel insurance helps ensure that your journey remains memorable for all the right reasons.