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Best Price Cruises! A Few Simple Steps To Booking Cruise Travel Deals Online
To find the best price cruises online and booking them with
confidence, you need to understand a few things about how the
cruising industry comes up with their lowest price, and follow a
few simple steps that the travel professionals at your...
Ecuador Travel - Quito, Volcanoes, Galapagos Island
Located in the Andeas, Ecuador is a land of intrigue for travelers. Travel to Ecuador and you can trek the Amazon, climb volcanoes, or loaf on beautiful beaches. Perhaps the biggest reason to travel to Ecuador is a visit to the famous Galapagos...
How To Save Money When Traveling
Do you know you can go on a 7-day cruise for half the price?
Or visit Europe for 15 days for only $2,000 per person including airfare, hotels, car rental and meals?
If you follow these steps, you can save more up to 50% in travel expenses....
Oldsters Overseas - What Seniors Pay for Travel Insurance
While travel medical insurance for senior citizens generally carries a higher premium and a lower maximum level of coverage it is still widely available. In fact, some carriers offer travel medical insurance for senior citizens no matter what their...
Travel to Italy - Rome and Venice
Where does one begin to start when discussing Italy. Well, if you intend to travel there, Rome and Venice are good places to start.
Rome
Perhaps you've heard of it? It goes without saying that Rome has a rather prominent past. Lets see, in Rome...
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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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