In times, where nothing can be perfectly planned, an overseas trip planned to the last detail can be very difficult to chart out. Regardless of the reason of travel, you would need to extensively plan out the required documents and itinerary to be able to enjoy your trip to the fullest. Even then, one can not necessarily be prepared for unforeseeable circumstances that might arise while you are traveling. It is in this scenario, that a travel insurance can not only protect you, but act as that friend in an unfamiliar country. It covers and compensates most of the major expenses or losses that you can incur in a foreign country, making it easier for you to relax and enjoy your trip.
Following are a few advantages that you can get by availing an overseas travel insurance policy on your next trip abroad:
- Cover for emergency medical expenses
When you are in a foreign country, a sudden medical emergency can be daunting for multiple reasons. It is not only difficult to understand the necessary processes in a new country, but taking care of the necessary costs can put a big dent on your pre-planned budget. An overseas travel insurance cover can offer 24×7 assistance for claims for covering medical expenses and can also assure you of a medical evacuation in case of a major medical emergency.
- Personal Liability Cover
In some cases, an unintentional damage caused to a third party while traveling overseas can also take a toll. In such cases, an overseas travel insurance can cover any costs incurred by you in terms of third party damages. It is however, important to ensure that this cover is included while deciding the travel insurance quote.
- Loss of Baggage/Documents
Another emergency that you cannot foresee would be losing your travel documents such as passport or visa, while traveling. It is also seen that one can lose their baggage or luggage in the airport while making long journeys. While in some instances this could be a result of misunderstanding, in some cases, your possessions could get stolen. In such cases, your travel insurance can ensure that you are compensated for the losses incurred.
- Compensation for Cancelled/Rescheduled Flights
While traveling overseas, there are several flights that you might have to depend on, to get to places. In case of rescheduling or cancellations, your other related booking and itinerary could be compromised. An overseas travel insurance in this case, would ensure that you get compensation for the cancelled or rescheduled flights, thereby providing relief for at least some of the losses that you incur.
Considering the above advantages, it is highly recommended that you purchase an overseas travel insurance policy whenever you plan to travel abroad. Moreover, in some countries, having a travel insurance has also been made mandatory for travellers and tourists from other countries.