Travelling might expose you to a variety of risks, both before and after the trip. The safety net that protects you from the financial effects of these dangers is travel insurance. You must have a comprehensive understanding of cheap travel insurance if you’re organising your upcoming vacation or business trip.
When you start looking into the types of travel insurance you should purchase, you’ll find that there are a lot of misconceptions about it. These fallacies frequently leave you perplexed and prevent you from making an informed choice.
Here are the most prevalent travel insurance myths busted for you so that your vacation preparation is simple and hassle-free: –
Myth #1: Travel insurance is a complete financial waste
Fact: This is about as naive an observation as you’d find. When you can be ready in advance for the unexpected, why would you want to take a chance? Even the most carefully planned vacations can be derailed by flight delays, mishaps, illnesses, or other problems. Purchasing a cheap travel insurance plan that protects you from travel dangers is equivalent to travelling stress-free.
Myth #2 I have health insurance. Thus, I don’t need travel insurance
First of all, travel insurance provides coverage for far more than just medical expenses. Second, few international travel insurance health plans cover the costs of receiving medical care abroad and those that usually do only cover particular nations and areas.
Myth #3 I can file a claim for carelessness
Fact: No travel insurance policy will pay for negligent acts. Your travel insurance provider won’t cover you if you were intoxicated at the time or were foolish enough to leave your bags alone.
Myth #4: I won’t need travel insurance if I’m going on an adventure trip
A travel insurance coverage typically does not cover adventure sports, though this can vary from provider to provider. However, if you are considering an adventurous vacation, you can easily inquire with your insurance company about the types of travel insurance coverage you would receive while travelling.
Myth #5: I’m going to where there are travel advisories, but that shouldn’t worry me because my travel insurance has me covered.
Fact: If something unpleasant occurs when you are travelling to a location where a travel warning has been issued, your online travel insurance won’t cover it. To make sure your trip is safe, always read the travel advisories.
Myth #6: I will need to purchase individual travel insurance for each member of my family.
Fact – Most people mistakenly think that each member of the family needs a separate travel insurance policy. But this is wrong. A yearly policy would be preferable if you and your family travel frequently. You can avoid the inconveniences of purchasing coverage again and save money by purchasing an annual policy.
Myth #7: I can report any accidents once I get home.
Fact: In order to be eligible for a claim, you must notify any accidents to your insurance carrier and the local police within 24 hours of the incident.
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
