Round the clock room service, clean accommodations, but it’s a tourist nightmare. You’re not in a hotel, you’re in the hospital, because you’ve had the misfortune of getting sick in the middle of what should have been a dream vacation. And the worst part is that you spend more on health care than on a real tour.
Travelers often think that travel insurance is just a waste of money – it’s an expense on something they probably wouldn’t use anyway. Waiving insurance can be a difficult decision. To help you make the right decision, ask yourself the following questions:
What is the coverage of your current insurance? If you already have an excellent comprehensive insurance policy, you may not need any other insurance. Some policies would cover treatments given around the world.
What are the limitations of the proposed plan? Try to find out the terms of the plan and the terms of coverage. You don’t want to be caught off guard if you are allowed to use the plan.
Where is your travel destination? Study the places you will visit. Does the environment pose more health risks?
Are you the type who often goes to the doctor? Determine how often you have visited a doctor or hospital in the past few months. People who worry too much about their health should take out health insurance.
Are you often sick? If you are the type who easily catches insects, then insurance is the best option.
How much would the insurance cost? Ultimately, you’ll have to figure out how much you’re going to spend. If you already pay for health care, paying for one while you are traveling should be just an additional expense for you.
What are the limits of the plan you are considering? Do you not want to incur costs along the way, or do you want to take your chances with a high deductible? Does your policy cover an ER visit if you cut yourself in the kitchen of your Sydney hostel? What about emergency evacuation? Are you somewhere with good health care or should you expect to be sent to another country in the event of a serious injury or treatment?
Travel insurance, while often overlooked as not necessary, can be well worth the small outlay if you’re indulging in overseas healthcare and the environmental risks of overseas.