We Create Dream Vacations
"With so many travel options out there, it can be overwhelming. As your travel agency we will work as your 'value interpreter'. Using our expertise, we will find amazing experiences that exceed your every desire, but not your budget. With our services, you will be confident that your Dream Vacation will be perfectly planned, hassle-free, and filled with monents you'll never forget."
Honesty-Why Buy Travel Insurance?
4/28/2016 1:18:28 PM Link 0 comments | Add comment
Posted by Amanda Hand on Nov 12, 2015 1:44:27 PM
A popular question travelers often ask our travel agents is - Why buy travel insurance? Travel insurance is widely undervalued and often times travelers will opt out of the purchase because they don’t feel prepared to make the decision.
Americans spent $1.9 billion on travel insurance in 2012, according to a survey done by the U.S. Travel Insurance Association.Gregory Karp from the Chicago Tribune says, “That’s up nearly 50% from five years ago.” You can read more on Karp's take on travel insurance here.
Despite such a large increase in the industry, many travelers are still asking - why buy travel insurance?
For some, the answer is simple - they don’t have a trip to lose. But many travelers see trip protection as a product for trip cancellation and aren’t thinking about many of the other risks associated with travel.
In this post, we’re going to go over six reasons travelers buy insurance, and there are some you probably haven't thought of.
1. Statistically 17% of travelers have their trips impacted
According to a survey completed by UStiA, 17% of travelers have their travel plans impacted. A trip often depends heavily on outside sources that are not within our control. Whether you are flying, cruising or both, often times your plans are impacted unexpectedly. It can cause you lose on your travel investment.
The average income per person annually is $20,194, according to the Bureau of Labor Statistics. With room & board averaging around 10K annually, that doesn’t give your average American much wiggle room for travel. For the average person, losing their travel investment is not something you can afford.
2. Other countries may deny medical treatment
One thing people often forget, is their health insurance may not be global. This is especially true if you are on Medicare. You first want to check if your health insurance covers you abroad, but even if they do, will they provide the hospital or facility a statement saying they will promise to pay like travel insurance will do?
3. Medical and emergency evacuationcan cost 50K+
What do you think happens when someone becomes sick or injured on a cruiseship and the condition is too severe for the doctor on board to treat? A medevac lands on the ship, and transports the patient to the nearest, most qualified medical facility. It is rare you will see a medical evacuation cost less than $30,000.
Medical evacuation is not the coverage to be considered, there is also non-medical emergency evacuation in times of political unrest or natural disasters. Having coverage and being able to get out when the conditions are dangerous is a way to ensure your own safety.4. Prescriptions aren’t easy to replace while abroad
Many travelers have lost their prescriptions or have had their prescriptions stolen while traveling abroad. Not only are prescriptions sometimes difficult to replace without an original script, but it may be difficult to find a pharmacy that carries your prescription.
For 10 Tips on Traveling With Prescriptions you can read this article here.
5. Because acts of terrorism and political unrest are something we are all susceptible to
Egypt, Yemen, Tibet, Syria. They are all locations where tourism once flourished. Now, they are areas plagued by civil war, terrorism and civil rights issues. Political unrestcan happen overnight, and being able to get out can be a matter of life and death.
6. Knowing you’re not alone is a comforting feeling
Traveling with companions is a great feeling. But knowing you and even your group have someone to rely on if the unexpected happens is a great feeling.
Archives
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016