Why do I need travel insurance?
Taking out travel insurance isn’t about tempting fate, it’s about having a safety net. Some of the things it’ll cover you for include: cancellation, curtailment (the cutting short of your trip), personal liability, theft of your belongings and medical treatment.
If you’re young, fit and able to volunteer abroad you might try and save a few quid by cutting back on things like insurance – after all, what’s the worst that could happen? But don’t underestimate the need for help when you’re a long way from home and in most cases, don’t speak the local language.
Plus, healthcare in many countries is neither free nor subsidised and if you need decent care you’ll probably end up in a private hospital where fees can spiral. Health cover should also include repatriation for that occasion where coming home is a necessity.
Most policies will provide compensation if your trip never even gets off the ground, and if you’ve planned to travel the world, then you’ll probably have forked out quite and bit and will want your money back. So, taking out travel insurance in good time before your trip is equally important as having it in the first place.