Basically, there are 2 times when travel insurance is considered a must-have:
- Whenever your trip is costing you a significant amount of money. Otherwise, if something goes wrong, you would be out of all that money and you’d have no recourse.
- Whenever you’re traveling abroad for business or for pleasure. Health, medical, and travel regulations are very different in other countries. Travel insurance is the best way to protect yourself in a foreign country.
Travel insurance covers medical expenses, financial default of travel suppliers, and other losses incurred while traveling — either within one’s own country or internationally. Source
If you’re planning a trip and you’re tempted to skip buying the travel insurance policy, here are 6 reasons why this could be a very big mistake.
Read More...Travel Insurance: 6 Reasons Why It’s Essential For Expensive Trips And Traveling Abroad