When preparing for a trip, most people wonder if taking out a travel insurance policy is really necessary. Most banks “give away” travel insurance cards to the credit card holders. Well, saying that they give them away is not entirely true because these are not gifts at all. The bank clients have already paid and probably overpaid their cards by keeping their money in the bank and using the services provided by banks. Another thing you should have in mind is that the agreed premium in these cases tends to be quite low and the deductibles in case of the occurrence of the insured event are not negligible. Cautious and experienced travellers who use these cards usually decide to buy a travel insurance policy too. When they’re purchasing their travel insurance policy, they can personally agree with the insurer on all specific terms and details. They can get information about the premium, general and specific terms and conditions, and any additional coverage if available. All this cannot be done if you rely on the insurance card received from the bank.
The second most frequent question is how to come by affordable travel insurance. What is affordable travel insurance? First of all, the travel insurance is affordable by definition. This, however, should not be the main criterion when you decide to buy a travel insurance policy. The insurance policy is a form of a guarantee that you will be taken care of in case of an accident, illness or any unexpected or expected situation which requires additional resources or expert assistance. The price of a travel insurance policy is always acceptable when you keep in mind the expenses you might incur if you have an accident in another country.
One of the standard arguments for buying the travel insurance policy is its affordable price, but this is only the final argument. Before that, you should think about all the practical, organisational or financial reasons that motivate you to get an insurance coverage if you plan to travel. Think about what might happen if you fall ill, have a skiing accident, if your flight is cancelled, luggage lost or even if your hotel is overbooked. The assistance you will get from your insurer in each of these situations will certainly be worth the price of your travel insurance policy.