The Importance of Travel Insurance

Travel insurance is one of the most important things you need to purchase alongside your holiday, although this is often overlooked. Martin Lewis has issued a warning to tourists travelling this year without insurance, that you are putting yourself at risk of major financial losses. You wouldn’t drive your car without car insurance or own a home without home insurance so why travel the world without travel insurance?
 
Below we have listed the top 5 reasons of making sure you and your family’s holiday is covered:
 
1.Medical emergencies or treatment overseas
2.Lost, stolen or damaged items, including baggage, passports and money
3.You need to cancel your holiday
4.Your Travel Company goes bust
5.A natural disaster or terrorist attack occurs                  
 
Medical emergencies or treatment overseas
No one wants to fall ill or have a hospital trip while on holiday, but medical complications or accidents can occur at any time, in 1 year, 3689 British Nationalists were hospitalised abroad. Making sure you have travel insurance before travel will ensure you get the necessary medical attention you need without having to pay out a fortune. For example, just to see a doctor in the States could cost you almost $1000.
 
Lost, stolen or damaged items, including baggage, passports and money
In 2015 23.1 million bags were lost or damaged and in 1 year 27,272 British Nationals required help for lost or stolen passports. With travel insurance you can be reimbursed for lost, stolen or damaged baggage or personal items so you can focus on taking care of what you need in such an inconvenience such as this rather than the cost and will help you get home without a passport.
 
You need to cancel your holiday
Life doesn’t always go to plan and there may be a reason in which you need to cancel your holiday, for example, a family member falls ill, or you have an accident or get made redundant. With no insurance, it may be difficult to get your money back, especially if you are close to your departure date. With a travel insurance policy, depending on circumstances you will be covered and will have peace of mind knowing you’ll get some, if not all of your money back.
 
Your Travel Company goes bust
You’ve planned your dream holiday and a few weeks before you are due to travel you see on the news that the company you have booked with is about to go bust. We were all shocked with this situation last year with the collapse of the world-famous brand Thomas Cook. Without travel insurance it may be difficult and a lengthy process to get your money back.
 
A natural disaster or terrorist attack occurs                 
You’ve been saving and been looking forward to your holiday all year, and just before you are due to travel a hurricane or ash cloud strikes or a terrorist attack occurs at your chosen destination and the Foreign Office now states it’s not safe to travel. Without travel insurance you could be at risk of losing all your hard-earned cash.

We have lots of different types of cover available at very competitive prices and are here to take the stress of arranging your travel insurance away. For free and impartial advice or to book contact us today on 0131 467 7000 or visit our website: https://www.ttce.com/insurance.html