Insuring Your Holiday Against Any Eventuality
Posted: Oct 26, 2013
If you decide insuring your holiday trip is an unnecessary expense, you may be in for a surprise if anything untoward happens - and most likely an unpleasant one!
Of course, everyone plans a holiday looking forward to a good time. Some plan for each and every step of their itinerary: what to wear, what to see, what to do, purchasing advanced tickets for plays and shows, making reservations and more, but may choose to ignore the unthinkable possibilities that could occur. But insuring your holiday trip is the icing on the cake that shouldn't be ignored.
Here are some of those possibilities - knock on wood, they don’t happen, but be prepared in case they do.
Insuring Against Cancellations
Imagine this: it’s the day before your trip and your children come down with the flu or meet with an accident. If you’re like many bargain travellers who take advantage of lower rates and special sales (or just happen to book an non-refundable trip), a cancellation can mean the bulk of your budget down the drain. Insuring your holiday trip can ensure you get back the bulk of your expenses (such as airfare) paid out. There are even some policies that will enable you to cover your trip against cancellation due to other reasons like floods, fires, earthquakes at home, unforeseen bankruptcy of your travel supplier, and more. It may even cover you in case you can’t make the trip back home because of disasters and catastrophes to your home destination.
The sad truth is, flights get delayed all the time - due to inclement weather, technical problems, or even strange political reasons. Unfortunately, flight delays can mean unforeseen expenses. This can range from having to buy new tickets for connection flights missed, expenses for hotel room accommodations and food, clothes and more.
Insuring your holiday trip against unforeseen delays can help prevent you and your family from huge unexpected expenses like these or, worse, being stranded in some unfamiliar airport, cold, hungry and uncomfortable.
For short trips with minimal luggage, this shouldn’t be an issue. However, if the trip is long or you’re travelling with your family, lost baggage can mean taking out a big chunk of your holiday budget for food and recreation just to replace them. Unfortunately, baggage sometimes gets offloaded and put onto a different plane, and if you’re unlucky, it’s one that’s going to a different destination! Sometimes the luggage does get on the right plane to the right destination and you even manage to arrive with it - but then thieves strike. One of the best benefits of a good policy is protection against lost or delayed baggage.
Medical and Legal Expenses
One of the worst things that can happen while you're away is that you fall ill or meet with an accident that will require medical and/or legal expenses. However, with an appropriate policy you’ll be cared for properly, both medically and legally.
The reasons for taking out cover when you travel are many and varied, but the most common are simple: peace of mind, protection from the unexpected, and saving money.
Patrick Chong is the Managing Director of Insuremore. We provide low cost travel insurance and offer a range of policies for insuring your holiday, including single-trip, multi-trip and family insurance. For all your insurance needs, Insuremore can help you in the quickest and most cost-efficient way.
Writer and Online Marketing Manager in London.