5 REASONS WHY
EVERY TRAVELER SHOULD BUY TRAVEL INSURANCE
When you travel, you are in a relaxed mode and more prone to letting your guard down. This is when disaster strikes.
Travel Insurance provides peace of mind when things go wrong.
UNEXPECTED MEDICAL EXPENSES
Falling ill or becoming injured while on holiday or on a business trip could disrupt your journey and be highly inconvenient. More worrying is the medical costs, that can ruin you financially, if things go really bad. "If your illness or injury is serious and requires hospitalization and treatment, depending on where you are, this could cost from a few thousand rand to a few hundred thousand rand," warms Louise Cockcroft of the Regent Insurance Group. "Not only does the Travel Insurance pay for these expenses, but you and your family are provided ongoing assistance and support by Regent's claims assistance company Europ Assistance South Africa."
Cancellation cover provides cover for pre-paid travel expenses. "Life can be unpredictable and you might have to cancel your trip due to illness or injury, a traumatic event, retrenchment, unexpected terrorist incidents and strikes or loss of travel documents," Louise says. Last minute cancellations can be very costly as you might not recover all of your expenses. This is where your travel insurance can step in and assist.
THEFT OR DAMAGE TO LUGGAGE
Not seeing your customized designer luggage on the luggage carousel? Your luggage and personal items can be lost of damaged through an airline carrier or while you are going about your travels. Travel insurance provides compensation to replace the lost of damaged items.
Flights are often delayed but long delays could mean sitting around an airport for many hours. Travel insurance provides a benefit which provides a small allowance for purchase of necessary items while you wait for your flight. This could be from food and beverage to items of clothing or toiletries or a night's accommodation, should the airline not provide this.
When you get to your international destination and find that you bags have not arrived, don't let that sinking feeling in your stomach get you down. "The Baggage Delay benefit on a travel insurance policy provides a small allowance for you to get necessary items you need while you wait for your bags to arrive", says Louise.
Article by "The Savvy Traveller", Travel Update, Issue 3