Many travelers are often on the fence on whether or not it is a good idea to pay for travel insurance. One thing is for sure, it is always best to be prepared and ready rather than regretful and sorry when the unthinkable happens. However, the answer to the question of whether or not to get insurance for your next trip may not always be a YES!
Here are some helpful hints to guide you in making your final decision:
First, it pays to review all of your existing insurance policies. Check t and determine if any of these offer coverage for medical emergencies overseas or even away from your own state or province. This is especially important if you have a pre-existing medical condition or if you are simply worried about getting sick while you are on the road. If you are paying for a superior medical insurance package, it is most likely going to be good news for you.
Second, inquire about the perks offered by your credit card company especially when you are a gold (or equivalent) credit card holder. You may be entitled to first-class travel bonuses if you make use of your credit card to purchase airline tickets, hotel bookings and tour reservations for your trip abroad. Call your card’s customer service department and inquire if you are insured against baggage loss, medical emergencies, evacuation, and accidental death and dismemberment, among others.Continue Reading...