8 Reasons Why Travel Insurance is Important

LT Globetrotter

August 28, 2020
travel insurance

Although no one likes to spend more money, the truth is that anything can happen when traveling. So, it’s a good idea to be protected just in case. Trip delays, interruptions, or even cancellations can cause unexpected headaches and expenses, but travel insurance can help make sure you are protected for adjustments you need to overcome these situations. Some plans contain cancellation benefits and if you have a covered reason you can be reimbursed for pre-paid non-refundable expenses, like a medical emergency or loss of employment before your trip even begins.

Here are eight reasons why travelers choose travel insurance:

1. Life is unpredictable.
Some trips need to be cancelled. With travel insurance, you don’t necessarily have to pay for a trip you are unable to take. Instead, enjoy more confidence knowing that you stay a step ahead of unpredictable situations before and during your trip.

2. Don’t let sickness stop you.
From coughs in the crowds to exotic eats that don’t agree with your stomach, sick happens. It’s less scary to be sick with travel insurance by your side to help you through these troubles.

3. Your health insurance has its limits.
When you travel outside the U.S., you may be leaving your health insurance at home. Many U.S. plans (including Medicare and Medicaid) don’t cover travelers abroad. Why risk it when a medical emergency can cost you big.

4. Forgot your medication?
Lost or forgotten medication can set off an alarm when you’re far from home. Let travel insurance help you locate a pharmacy to purchase a new Rx. It’s always nerve-wracking when something goes wrong. But when you’re in a foreign country, you don’t want to face any kind of crisis alone.

5. Lost luggage can leave you in a lurch.
Travel insurance can provide benefits that can help you replace needed items if your bags are delayed, damaged, or stolen while you’re away. With reimbursement for your trip essentials, you can still suit up for wherever your journey takes you next.

6. The plan crumbles.
If a travel supplier ceases operations, you may not get a refund for the money you fronted for a cruise, flight, or tour. Travel insurance is in place so you’re less likely to pay for an experience you’ll never have.

7. You don’t want the credit (voucher).
Airlines aren’t required to refund a ticket in the event of an emergency. In fact, your carrier can choose to offer a credit voucher toward future travel instead of cash in pocket. With travel insurance, you have more control over your Plan B.

8. Speaking of change of plans...
Flight delays can add up. Beyond being annoying, prolonged delays can cause you to accrue expenses while you wait, or worse, miss a connection. With travel insurance, a covered travel delay can mean cash for rebooking fees, meals, and accommodations.

All of these reasons are why we always recommend the purchase of travel insurance, regardless of the circumstance or destination. You never know what situations might arise. In terms of traveling in the era of COVID-19, normally you would not be covered for something which might be reasonably expected to happen to you—like contracting a virus during a pandemic. However, Liberty Travel’s insurance partner, Allianz Global Assistance, has made some limited exceptions to coverage specifically related to COVID-19, making it important to review the policy beforehand so you fully understand what is covered.

If you have any questions or want to learn more about travel insurance contact your Liberty Travel consultant to get started.


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Please note: Travel requirements and health standards are continually changing. Visit our Traveler Resources Hub for up-to-date information and learn more about the entry rules of your specific destination and to plan your next vacation.

Written in partnership with Allianz Global Assistance


LT Globetrotter

As fellow travelers, our people are always on the move discovering new destinations. On the occasions they take a break from exploring, they love to write up a few stories about their adventures before they leave for the next one, so you can enjoy expert tips, news, and recommendations to use for your own travels.