Why Is Travel Insurance Important?

Why Is Travel Insurance Important?
By Cicely A. Richard, eHow Contributor

Travel insurance is important because it protects travelers when unforeseen circumstances occur after they've booked and paid for their trip. The insurance helps travelers if they have to cancel their vacation plans because of personal situations or errors on the part of travel agencies and airlines. This insurance also safeguards travelers if emergencies arise once they reach their destination. Travel agencies and companies that specialize in travel insurance, such as Access America, provide different policies for travelers.

Lost Medication
People whose baggage containing their medication is lost or stolen can fill emergency prescriptions because of travel insurance.

Identification and Cash
Travel insurance is important if people's passports and wallets are lost or stolen. The insurance helps travelers replace lost identification and get emergency cash.

Medical Emergencies
Travel insurance covers medical emergencies, accidents and treatments that may occur on a trip to a foreign country.

Acts of Nature and Terrorism
Travel insurance covers money people loss if they have to evacuate their vacation location due to severe weather like hurricanes, typhoons or tsunamis. If travelers wish to cancel their trip because a terrorist attach occurred at the travel destination, travel insurance gives them a refund.

Bankruptcy
People with travel insurance will not lose money if cruise lines, airlines or tour operations file for bankruptcy. The insurance covers non-refundable expenses.

Flight Cancellation
If the airline cancels a traveler's flight, travel insurance refunds the cost of the plane tickets.

Personal Circumstances
Travel insurance refunds trips that have been canceled because of personal circumstances, such as illness.



Information from eHow.com

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