Whether you're a backpacker or a well-off traveler, going on the road costs money. There's the gas or airfare you need to take care of, your food, as well as your accommodation. With all these considered, why would you add more to your costs?
Travel insurance for example requires money. And that adds in to your travel expenses. But unlike other less essential things you take with you when you travel (such as an expensive jacket when a regular one will do), travel insurance is a must have, whether you're traveling locally or overseas. Not convinced? Let us show you some of the most compelling reasons why you need to be insured when you travel. Ready? Then read on.
- To have peace of mind. Anything could go wrong during your vacation. You might get sick because of the food you eat, your luggage could get lost, or your important gear (such as a laptop or camera) could get stolen. By being insured, you won't have to worry about these things happening to you since you know that you will be covered.
- Insurance actually costs less. Should you get hospitalised, your expenses would balloon if it happens to you outside Australia, or a country where your medical coverage isn't recognised. Where will you get the money to pay for the hospitalisation? Certainly not your pocket money. In fact, you don't need to do that if you have travel insurance. Therefore, it actually costs less to be insured than to make out of pocket expenses in times of emergency.
- It's for the good of your loved ones. Your insurance can also have an impact on your family even if they're not the ones directly affected. Let's say for example that you caused injury or damage to a person or property during your trip. Depending on the severity of the situation, you might have to pay a small amount or something that would cost thousands of dollars. In more serious cases, you might be forced to sell off your assets just to cover the costs you incurred. This will have a lasting effect on your loved ones, especially on their education and their life at home. You don't have to be bothered by this though if you're insured.
Here at Rate Detective, our qualified advisors are ready to help you find the right travel insurance for you. They will also provide you with rate comparisons of Australia's top insurers, so you can go on the road without any worry. Contact us today!