A Beginner’s Guide to Travel Insurance: Everything You Need to Know

That’s why it is important to have travel insurance. InsureMore is a travel insurance company based in the UK that offers travel insurance to millions of customers. This is a guide to travel insurance for beginners. 

What is Travel Insurance?

Travel insurance is the coverage that financially protects you against risk, damages, theft, loss and more while travelling. These risks include can anything from missing your flight, the way to a severe injury or illness. There are various travel insurance policies. The one you choose will have to depend on your budget and your needs—the more expensive the insurance, the better the coverage and the more privileges you will receive. Travel insurance on the cheaper end of the spectrum will cover you in the case of a delay or cancellation and emergency medical and transport privileges.  Travel insurance that costs more will come with a lot more benefits. These include recovering lost luggage, medical insurance, paying for rental car damages and sometimes refunding cancelled trips. 

Why Should I Have Travel Insurance?

Travel insurance is critical because it protects you financially while you’re not at home and in a foreign place. As previously mentioned, you never know what may happen on a trip, and it’s better to be safe than sorry and protect yourself financially against any risks while you’re away from home. Medical emergencies overseas can also be costly, so it is better to have travel insurance that can cover the costs if anything happens. Travel insurance is also very affordable and accessible, so there is no reason why you shouldn’t get it if you’re going away. 

Why Does My Age Matter?

If you’re a senior traveller, you are more likely to deal with unexpected medical conditions while away. Therefore, you should get travel insurance that offers some essential benefits. This would include trip cancellation due to medical emergencies and other reasons that would mean it wouldn’t be suitable for you to travel as a senior. Your travel insurance as a senior traveller should also include the recovery of stolen luggage and the insurance of clothing, medication and other valuable items. Senior citizens may have medical conditions requiring them to fly back at a moment’s notice; therefore, their insurance should cover the last-minute arrangement of a flight back home. 

How Much Does it Cost?

The price of travel insurance varies greatly depending on your age. The older you are, the more expensive your travel insurance is because there is a higher chance of your trip being cancelled or something going wrong. The cost of travel insurance depends on location. It should cost 5-10 % of the total cost of the trip. 

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