Travel Insurance 101: Here’s Everything You Need to Know

Should you or should you not?
by WindowSeat.ph | July 26, 2017

For travelers on a budget, travel insurance is usually optional — except of course when it’s required, like for a trip to the EU. The reality is, travelers usually feel like it’s an extra expense, and the decision process usually ends up at “chances are, I won’t use it anyway,” or, “it’s a short trip. What can happen?” Now, to make a more informed choice, here’s all you need to know about travel insurance and choosing the plan for you.

What does travel insurance usually cover?

The breadth and depth of coverage depends on the policy you choose but generally, it covers the following:

• Medical Expenses — Should you get into an accident or a sudden illness, it will cover your medical expenses.
• Lost or Stolen Possessions — Say, you get robbed, your travel insurance can cover the losses.
• Personal Liability — If you caused an injury due to an accident or damage to someone’s property, your policy can cover it for you.
• Missed Departure — Should your flight get delayed for more than eight hours, your additional accommodation expenses can be covered by your insurance.
• Recovery of Travel Expenses — If you suddenly need to cut your trip short because of an emergency, the remaining unused accommodation expenses and fares can be reimbursed.

How much will it cost?