Outlook Money
Travelling overseas is a thrilling experience, but it can be uncertain. It's crucial to think about getting travel insurance before overseas trips. Without it, one might face financial risks due to unexpected events like a medical emergency or disruptions to plans.
One option is to explore health insurance options offered by local providers in the country one is visiting. Many countries have insurance companies that offer short-term coverage for tourists. This type of insurance protects against expenses that may arise in the event of a medical emergency.
In foreign countries, medical expenses are typically high. A medical emergency could lead to significant financial losses for the traveller without travel insurance.
Unforeseen events, such as natural disasters or a family medical emergency, may force one to cancel the trip. It can result in substantial financial loss, including non-refundable charges for travel expenses, accommodation, tour fees, etc.
In situations like flight delays, missed connections, and trip interruptions, travellers without insurance may be responsible for covering the costs of purchasing new tickets and additional lodging.
Travel insurance covers the loss or theft of personal belongings, including luggage, passports, driving licenses, mobile phones, or any portable electronic devices. Without insurance, replacing these items can be both stressful and expensive.
Compiled by Syed Muskan
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