Each traveler’s potential loss varies and shifts according to a scale of the length of time they spend traveling, where they go and the activities they do. As you might imagine, the probability increases on the continuum, but the fact is you don’t have to be on the extreme end to be in a risky situation. You could be away for a short 7-day holiday and experience something grim.
Luckily, we don’t need to have a million dollars saved in the bank in case of an emergency. We can happily travel without that. All we need instead is travel insurance. Simply having this can significantly minimise the considerable risks of traveling, whether it’s illness, theft, accidents, missed flights or cancelled tours, lost baggage, terrorist attacks, natural disasters and emergency evacuations, or death.
If you’ve gone as far as planning your trip, don’t cheap out and not buy travel insurance and then regret it when something goes wrong. The expenses you’ll be working to pay out of pocket will be the thing stopping you from potentially traveling again for a long time. Instead, get travel insurance so you can enjoy your holiday with peace of mind, get the care you need when you need it, and not go potentially broke!