Already on ArticleSlash?

Forgot your password? Sign Up

The Importance of Travel Insurance

 


Visitors: 137

Traveling without the appropriate insurance can be financially disastrous if you are involved in an accident or if you fall ill while abroad. Despite these risks, recent research shows that one in five adults still choose to travel without any insurance.

Fewer than 60 countries have reciprocal healthcare arrangements with the UK. Australia is one country that does; but while your treatment may be free, the use of other services, such as ambulances probably won't be included.

The USA is a country that we don't have a healthcare arrangement with. Falling ill in America, without insurance could easily lead to bankruptcy. For example, the cost of an air ambulance in the East Coast of the USA could set you back £35,000!

It's not just medical expenses that are covered. Holiday insurance can also cover you for the loss of luggage and personal belongings such as money and passports.

Travel Insurance Costs

Research carried out by Alliance & Leicester has shown that holidaymakers in the UK are paying collectively £1.3bn too much for insurance each year. This is due to 60% of us choosing to use travel agents to arrange the insurance for us when we book our holiday. Insurance purchased in this way can work out to be up to five times more expensive than buying it separately. It really does pay to shop around.

It's wise to check the level of cover that your policy provides before purchasing. Check the small print to ensure that you are covered for all activities that you will likely be taking part in while you are away.

Compare travel insurance quotes
One search to compare over 500 travel insurance policies
For cheap travel insurance and holiday insurance go to Moneysupermarket.

(309)

Article Source:


 
Rate this Article: 
 
Travel Insurance - Saves You Hassles As You Travel
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Importance of Finding the Right Travel Insurance

by: Richie Wells (October 13, 2008) 
(Insurance/Travel)

Travel Insurance India - The features of a good travel insurance policy

by: Laxmi K (December 01, 2009) 
(Insurance/Travel)

Importance of Travel website design to travel industry

by: Jim Damon (January 26, 2010) 
(Internet and Businesses Online/Web Design)

Travel Insurance - Get Hold Of Travel Insurance If You Are Going On A ..

by: Mike Paul (August 18, 2010) 
(Insurance/Travel)

Travel Insurance - Common Travel Insurance Coverage

by: Justin R Hopley (September 17, 2008) 
(Insurance/Travel)

Travel Insurance - Road Safety and Travel Insurance

by: Mark Lauterwein (April 09, 2008) 
(Insurance/Travel)

Hedge the High Cost of Travel Today Consider Travel Insurance

by: David C. Reynolds (July 24, 2008) 
(Insurance/Travel)

Travel Insurance For Senior Citizens Wanting To Travel Oversees

by: Ken Snow (July 29, 2007) 
(Insurance/Travel)

Travel Insurance - Takes Care of Any Worries During Travel

by: Allan Elvin (August 05, 2007) 
(Insurance)

Travel Insurance - Saves You Hassles As You Travel

by: Allan Elvin (August 01, 2007) 
(Insurance)