Holidays are a time of carefree and well-deserved rest. But even the best-planned trip can bring many unexpected events. Such situations may not only thwart our travel plans but also bring additional costs. It is worth realizing that travel insurance can be helpful during your vacation. So if you are wondering whether you should buy travel insurance, below we present a list of the top four reasons you should insure your trip.

1. Medical and dental assistance

This is usually the most common and necessary item in travel insurance. The costs will be paid or reimbursed if any medical, hospital, or dental assistance is needed while traveling.

Just imagine, you go through some issues that requires medical attention, being without insurance? Spending money you weren’t counting on can hinder the success of your trip.

Don’t forget to review the conditions in your plan. However, this coverage is generally valid for emergencies related to personal injury, sudden or acute illness, and pre-existing or chronic illness.

2. Trip cancellation

Organizers of foreign trips encourage us to buy tours in advance, tempting us with attractive prices. However, making such a decision well in advance can be disturbing because it is associated with a fear of what to do if we cannot leave on a given date. Life can be more unpredictable, and we cannot predict what will happen between planning a vacation and departure. That is why it is worth buying travel insurance. Thanks to the policy, in the event of cancellation of the trip, you will not lose the money you have already paid.

3. Travel delay or interruption

A delay or cancellation of a flight, a stolen passport, an accident, a natural disaster, and many other unexpected events may delay or interrupt our trip entirely. In the event of a flight delay, the travel insurance will cover other expenses, i.e., purchasing everyday items – food or clothing.

 4. Lost, stolen, or damaged baggage

Whether your luggage is lost, stolen, or damaged, replacing all contents, including clothes, electronics, and medicines can be expensive. However, not everyone knows that travel policy can help cover most of the expenses related to stolen baggage. What’s more, in the event of documented theft of payment cards, passports, or documents necessary to continue the journey, the insurer may also pay you a one-time benefit of a fixed amount, which you can use to cover for the most urgent needs.

Did you know?

Many credit cards offer rewards for travel insurance. You can save money on a travel insurance when you use your existing credit cards during your travels.

As an American Express® Aeroplan®* Card member, you can enjoy an array of travel-related insurance benefits such as Lost or Stolen Baggage Insurance and up to $500,000 in Travel Accident Insurance. That’s not all, Scotia Momentum® VISA* Infinite card also offers its member Comprehensive Travel Insurance & New Mobile Device Insurance coverage.

In conclusion

If you want to feel safe while on vacation, travel policy is a must.