Even if you prepared everything necessary for your trip, like airline tickets, booking of the hotel and planned all sightseeing tours, you should think about your insurance coverage. Because anything could happen and you must be protected in the event of injury, delay of the flight or lost luggage. That’s why it’s important to take out the right policy.
At first, you should verify your current premiums and credit cards to determine your needs for insurance, as all of them may cover pretty much that you don’t even require additional travel insurance. But you should check your polices to get added evidence that they will work in foreign countries, because sometimes their usage might be limited. So, the best solution is counselling with your insurance company, owing to the fact that they may recommend better options.
The credit cards can usually cover some expenses in the case of emergency. For instance, Visa even doesn’t ask for additional charge when it offers emergency assistance, however, you’ll have to be personally liable for any expenses. Gold and platinum editions of Mastercard cover hotel burglary and loss or damage of luggage, as well as they offer roadside car assistance. But you should think twice, as their services may be more expensive than taking out of a specialized travel policy.
Apart from life and medical insurance that are essential, you should also consider buying cancellation coverage, as nobody is protected against sudden changes when their trip is cancelled or reduced due to weather conditions or illness. But you should check what conditions for cancelling are covered, as there are quite a plenty of exceptions that will be taken into account if you raise a claim.
Also, there are a few special types of coverage like sporting injuries, gadgets insurance or terrorism. But they aren’t less important. If you plan to hike in mountains, for example, you should have some guarantees that you’ll get transportation to the hospital. Concerning gadgets, you can’t imagine how it’s like to lose or damage your camera, but it isn’t a rarity, so you should consider coverage for this case when you travel. And if you want to go to places knows for terrorism, as the Middle East, you need terrorism coverage, because when something goes wrong in such places within a month of the arrival, you’ll get compensation.