Thursday, May 8, 2014

Why Buy Travel Insurance?

            So you think you don’t need travel insurance, because you're responsible traveler, you travel light, your have good health, and you purchased your trip through a reputable travel agency? Well guess what? You are still at risk of losing your personal property, vacation time, and accumulating costly medical bills. Your health insurance might not cover you internationally, and even the healthiest of us can have accidents.

Things are changing constantly, especially the ones beyond our control. No one would believe if I told them a month ago that a beautiful and civilized country like Ukraine, with 20 million tourists visiting every year, would burst into flames with major civil unrest and instability with new civilian casualties mounting every day. While the ticket to Ukraine alone costs $1,500 at this time of year, your host’s destination could be jeopardized, your safety could become a concern, you could require medical assistance, and evacuation from the region.

              
Even if you’re not bringing any designer clothes, expensive electronics, or sports and professional equipment with you on the trip, in the event that your baggage gets lost or stolen, you could run into some serious spending at overpriced supermarkets or souvenir shops packed with tourists. That is unless you don’t mind wearing the same clothes for the duration of your trip, or borrowing sunblock from strangers.




As unpleasant as it may sound, statistics have proven that when you’re traveling, you are at a higher risk of financial losses. The new environment can be disorienting, you can lose your normal alertness, misplace your documents, get lost in the city, and become an easy target for criminals. Insurance from Travelex can pay for restoring your documents, negotiations with local authorities, and for your search and rescue. Think of insurance as your personal travel companion who follows you everywhere and comes to your assistance at any time when things don’t go as planned.



You can’t afford not to buy travel insurance. Without travel insurance, the money you paid for your travel package, is actually just a blank check, a starting point, with potential costs escalating well beyond your initial budget. With Travelex you can help ensure that your finances aren’t compromised, and your travel expenses don’t exceed expected levels. Travelex is a trusted name in travel insurance that has been protecting travelers since 1976. It offers a price match guarantee which will ensure you’ll get the most competitive rate in the market.