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Health Information for Travelers to Central America
This article will detail some of the health concerns that travelers to Central America and Argentina should be aware of, and prepared for in advance. Vaccines Depending on your age, sex, health history, and exactly where you plan on going, your...
Riding In The Lap Of Luxury Travel With A Virgin Island Yacht Charters
If you've never had the experience of being at the helm of a yacht as you sail through the crystal waters of the Virgin Islands, then consider making that your next vacation goal. A variety of yacht rental and/or vacation facilities are available...
The Best Airlines For Traveling With Children
Traveling with your children can be trying at the best of times.
If you're traveling by plane there are some things that you can
do to make the trip just a little easier on you. One of the most
overlooked tips when it comes to plane travel with...
Travel Tips For Getting Through the Airport Easier and Quicker
Traveling is different now than it was before 9/11. Arriving at the airport even earlier than before, standing in line longer while waiting to pass through security, having luggage x-rayed, and being pulled aside for random security checks make the...
Using London Public Transport - Underground, Buses & Travel Passes
This article is aimed at the independent traveller contemplating
a visit to London and eager to use London's excellent public
transport system as their main mode of transportation. A simple
guide to using the buses and trains and perhaps...
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Is Purchasing Travel Insurance Smart?
To answer the question "is purchasing travel insurance smart?" let's look at what insurance is.
When you purchase insurance - health insurance, homeowner's insurance, car insurance, life insurance, or travel insurance - you're not making an investment. It's not the same as going to the bank and depositing money and expecting to reap financial rewards at some point. No, any insurance including travel insurance is about sharing risk in case of unforeseen catastrophic events.
For thousands of years, risks have been shared during times of tragedy. The first formal insurance company, Lloyd's, was formed in 1769, and their insurance concept remains today - to gather the premiums of clients as a pool of resources to return to clients who experience covered events.
Is purchasing travel insurance smart for you, then? Do you need a pool of resources from others' premiums to help you out in the event of a travel emergency? Or can you take care of any unforeseen circumstance on your own? It's not just about money, either.
To decide if purchasing travel insurance is smart for you, let's take a look at just a few of the things that could happen while you're traveling.
It's your first time in Europe and neither you nor your spouse speak any foreign language and your wallet is stolen. Your credit cards, your airline tickets, your passport and your money are all gone. What do you do now? Money may not be
the primary problem here as you can always call your bank and have a wire transfer completed. Or can you? Do you know the international rules and capabilities for this? Where are the banks and do the tellers speak English? What about replacing your airline tickets? What about money to get to the airport and check out of your hotel? Your passports are the primary issue probably. They took a very long time to get. Now you can't get out of the country without them. Where do you go to replace them? If you had known this was going to happen, how would you have answered the question, "is purchasing travel insurance smart?"
Your child is involved in an accident and must have medical assistance but you find out your insurance does not cover you outside of the United States, and medical care is not adequate where you are anyway. How do you get your child back to the United States for medical care? If you had known this was going to happen, how would you have answered the question, "is purchasing travel insurance smart?"
So, to answer the question, "is purchasing travel insurance smart?" consider what could happen while you're abroad and determine if you might be grateful for outside assistance.
About the Author
Steve Cogger, an active traveler, has developed http://www.1-Happy-Traveller.com for your convenience. Visit today for all of your travel insurance needs.
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