Travel insurance is one of those things that you buy hoping you will never need it. But when you do need it, it is worth far more than what you paid for it.
We’ve all heard horror stories of what can go wrong – these stories are genuine and real. Generally, the response to such horror stories is something along the lines of “What are the chances of that happening to me?” The chances of that particular horror happening to you are very small. Yet, the chances of something else happening are somewhat larger.
For example, you have booked a family holiday and the kids get chickenpox the week before you are due to leave, your luggage gets lost, you need some form of medical attention while travelling – these things are much more likely. Insurance is a protection against these unforeseen events.
If you are insured for cancellation cover and the kids get chickenpox you might lose your holiday but you will be able to pay for the next one*. In some countries medical attention can incur exorbitant costs and with insurance you can take care of what is needed without financial stress.
And there are some very practical things you may not have considered: If you hire a car overseas they always want to sell you insurance for some $30 or more a day to reduce your excess. Did you know that travel insurance can pay for most or all of the excess? The savings here alone often cover the entire cost of travel insurance*.
The small additional cost of adding insurance to your holiday gives you more space to relax and enjoy yourself.
Travel insurance is about putting a support in place you hope you will never need.
Travelbay offers its customers Cover-More Travel Insurance. For a free quote call Travelbay on 1800 020 020 to speak with one of our friendly authorised Cover-More representatives or visit our webpage.
*Please refer to the Product Disclosure Statement of your given policy for a correct assessment