VisitorsCoverage logo
Travel Insurance

Top Ten Reasons to Buy Travel Insurance

Top Ten Reasons to Buy Travel Insurance

Students studying abroad, international businesspeople, holiday makers, families vacationing in DisneyWorld, cruise-goers. What do these people have in common? They could all use travel insurance. There are as many reasons to buy travel insurance as there are to travel. So what are some of the top reasons to buy travel insurance? Here’s our top ten list. 

1. Travel Plans Change

From time to time, we might need to cancel our travel plans. This was true before the pandemic, but it’s especially true now. Basic trip insurance only covers costs related to cancellations beyond your control. If, for example, there’s inclement weather in your destination, you’ll be able to recover certain trip costs. However, if your trip insurance includes Cancel For Any Reason (CFAR) coverage, you have the freedom to cancel your plans for any reason and still recoup a wide range of prepaid travel expenses like rental deposits and reimbursement for unused event tickets. CFAR is one of the best coverage options for people traveling during the pandemic because it allows you to book your travel plans well in advance and still cancel later on if your destination suffers a sudden Covid surge or you no longer feel comfortable traveling. CFAR allows you to reduce the financial impact of cancelling your trip. 

2. It’s Cost Effective

Travel insurance is likely not as expensive as you might think. Although certain variables can impact the cost of your plan, you’ll find that a suitable travel medical insurance costs around $300 dollars and trip insurance generally costs around $200.

3. Your Domestic Healthcare Won’t Cover You Abroad

If you’re traveling outside of your home country, your domestic healthcare won’t cover you should you incur an injury or contract an illness and need medical care. This means that you’ll be paying out of pocket for any medical help you obtain while abroad. If you’re traveling to a country like the U.S., where healthcare costs are high, you could be faced with crushing medical debt. Travel medical insurance can ensure that you get the care you need and minimize your financial responsibility. 

4. Your 24/7 Travel Advocate

Most travel insurance policies come with 24/7 emergency assistance. So whether you need help navigating urgently needed medical care or need help tracking lost luggage, or assistance with passport issues, you’ll always have an expert’s help.

5. Accidents Can Happen Anywhere

Unfortunately, no matter how much or how carefully you plan your travels, accidents can and do happen. This doesn’t mean that travelers should be scared or anxious about traveling, but it does mean you should be as prepared as possible. This is why buying travel insurance with benefits like rental car collision, flight accident protections and emergency medical evacuation is smart. If you’re planning on engaging in higher risk activities like mountaineering, scuba diving or snorkeling, it’s even more important that you find travel insurance with adventure sports coverage.  

6. Lost Luggage Can Ruin Your Vacation

Frequent travelers know all too well that luggage mishaps happen. When you arrive at your destination countries, your bags might not be there waiting for you. They could be delayed, damaged or even lost. If you have trip insurance, you’ll be covered for expenses related to retrieving your luggage or buying necessary replacement items.   

7. Missed Connections Are More Common Than You’d Think

We all know that things don’t always go as planned. This is especially true when it comes to pandemic travel. If your flight is delayed, interrupted, or cancelled, it might prevent you from catching a connecting flight. If you have trip insurance, the costs related to missed connections may be reimbursed. The benefits don’t just stop with missed flights. If you have cruise-specific travel insurance and you miss your port departure, any costs related to getting you to the next port of call so you can reunite with your cruise may be covered.  

8. Passports Get Lost or Stolen

Passports are very valuable. When you travel abroad, you may be vulnerable to passport theft. This is especially true for U.S. and Japanese citizens, as American and Japan passports are among the most sought after by thieves. To guard against this, keep your passport close to your person so it’s more difficult for criminals to steal. There’s also always a chance that you might lose your passport. If you have trip insurance, costs related to obtaining a replacement passport are covered. 

9. Flight Delays or Cancellations Cost Travelers Money

A flight delay or cancellation can derail your whole trip. Even when the flight delay or cancellation is beyond your control, such as when an airline cancels the flight, you’re still responsible for any prepaid accommodation or event expenses. Trip insurance can help mitigate these costs. 

10. Travel Insurance May Be Mandatory 

The Covid has changed a lot of things about travel, but most of these have to do with traveler safety. Consequently, some countries may require travel insurance. For example, the Schengen Area comprises many countries in Europe. If you are traveling to one of these countries, your visa requires you to get travel medical insurance. 

Of course, these are only the major reasons we recommend buying travel insurance. There are many benefits to trip and travel medical insurance. 

Related Articles

Can Layoffs Affect Your Health Insurance?

We’re all worried about the recent direction the U.S. economy has taken. Now, not only…

Return Of Mortal Remains/Repatriation- An Essential Benefit

Repatriation is a term that means ‘return of mortal remains’ and it’s a must-have feature…

Pre-certification: What, When & Why

Let’s get familiar with the term and process known as “pre-certification” to avoid any claim…

Medical Bills Can Be A Disaster for Uninsured Travelers

Rising medical expenses around the world leave many people with medical bills they can’t pay. Unpaid…


Soaring across the captivating blue sky amongst the green treetops in a beautiful rainforest can…

Infographics: Average Cost of Medical Services in the USA

For those who have never received medical care in the United States, the reality of…

Infographics: Tips for Travelers with Hypertension

Traveling with any sort of health condition can be inconvenient at times, where making sure…

Travel Medical Insurance: Why It’s Often Overlooked

These days, there is insurance for absolutely everything. Your life, your car, your home, your…

Why is Europe Travel Plus the Best Insurance for Europe?

*Updated July 28, 2021 From the glittering lights of the Eiffel Tower to the awe-inspiring…

What is Return of Mortal Remains or Repatriation Coverage?
US-European Coronavirus Travel Ban

*Updated March 24, 2020 The United States announced a travel restriction, banning international travelers from…

5 Reasons You Should Purchase Family Travel Insurance

There’s nothing like the excitement of a family trip. Whether you’re heading on a short…

Can Travel Insurance Cover Your Vacation Home Rental?

So, you’ve scoured the internet and booked the summer vacation home of your dreams. Before…

What Trip Insurance Covers & What It Doesn’t

While some travelers may have good luck while on their trip, such as never missing…

Best Travel Insurance for Visiting Europe in 2023

As the world emerges from the grips of the pandemic, Americans are ready to travel…


Plan features listed here are high level, provided for your convenience and information purpose only. Please review the Evidence of Coverage and Plan Contract (Policy) for a detailed description of Coverage Benefits, Limitations and Exclusions. Must read the Policy Brochure and Plan Details for complete and accurate details. Only the Terms and Conditions of Coverage Benefits listed in the policy are binding.