There is nothing like frigid temperatures and snow-covered landscapes to make you long for the sunny days and warm ocean breeze of summer vacation. Consequently, winter is an ideal time for families and individuals to begin the planning process for their summer vacations.
Of course, in the past year or so, many vacation plans were usurped by the unexpected restrictions of COVID. As a result, it’s now more important than ever to seriously contemplate purchasing travel insurance before your next vacation. No matter where you are going, or how you are traveling, you want to make sure that you are safe and that your plans don’t fall through leaving you with nothing to show for months of planning.
What is Travel Insurance?
Travel insurance is basically an insurance policy protecting you from financial loss that could happen either before or while you are traveling. This can include provision for expensive medical events while you are on vacation but can even cover the small annoyance of delayed baggage. To put it simply, it provides a safety net around your entire trip from planning to the actual event, giving you much-needed peace of mind that protects your investment in a vacation.
Reasons to Consider Travel Insurance
Let’s look at a few of the most likely reasons you might want to consider adding travel insurance to your summer vacation arrangements. The following are some of the most common situations where travel insurance could come in handy:
- Cancellations: The global pandemic brought on a host of constellations across the entire world. Vacations were canceled, flights delayed or grounded and all sorts of issues arose. This led to many vacations simply being canceled outright. Unfortunately, those without travel insurance were at the mercy of their vacation host companies as to whether or not they would get a refund at all. Some got a partial refund, others didn’t see any of their money returned. It was a bad situation and is an example of how easy it can be to lose the investment you have made in a vacation if it is canceled. Keep in mind when it comes to COVID cancellations, there are some limitations on what travel insurance will cover. Therefore, check on the specifics of your policy, so you know if you are protected.
- Travel Emergencies & Interruptions: Of course, there are also just unexpected life events that can lead to cancellations, perhaps a death or sickness in the family, and suddenly you can’t go on the vacation you have planned. No matter what the reason for your vacation interruption, travel insurance can protect your investment.
- Medical Emergencies: Although going to the hospital due to sickness or injury is likely the last thing you think about while on vacation, this exact scenario happens more than you might realize. Unfortunately, a good deal of health or medical insurance companies will not cover you when you are out of state or coverage areas. That’s what makes travel insurance that much more important as it provides medical coverage for you while on vacation. You don’t want to face a hefty hospital bill simply because you find yourself in need of medical attention while away from home.
Bottom Line: Travel Insurance is a Wise Way to Protect Your Investment
If the post-COVID era has taught us anything it is that things don’t always go as planned, whether it be COVID-related or not. Don’t let the experience you look forward to most this year—your vacation—fall apart. Instead, reach out to our team of insurance professionals today for more information on travel insurance.
