If you’re looking to buy travel insurance online, you might have come across some advice that could be considered myths and misconceptions.
Of course, it’s important to find travel insurance that offers the coverage you need, but it’s also important to find a policy from an insurer that will treat you fairly if and when something goes wrong with your trip or your luggage.
With this list of 9 myths about travel insurance online, you can separate the facts from the fiction when it comes to buying coverage that suits your needs.
1. Traveling without Travel Insurance is not Dangerous
Traveling without insurance is one of these myths that has completely no relevance. Traveling without travel insurance can be dangerous as it’s not a risk-free trip and there are chances of losing your valuables.
When you are traveling, if something goes wrong or some damage happens to your valuables then no one will have any responsibility and you’ll also not get compensated for any loss that occurs.
That’s why it is always advised to buy travel insurance online before starting your journey. In today’s world traveling has become very easy but it’s still dangerous too!
2. Travel Insurance can be Very Affordable
It’s a myth that travel insurance is only for high-risk travelers. In fact, there are many reasons why you may want to consider travel insurance, even if you’re young and healthy.
For example, most travel insurance policies protect against trip cancellation or interruption in addition to medical emergencies and evacuation. Travelers with pre-existing conditions can be eligible for travel medical coverage.
If you have travel delays due to weather or traffic, travel insurance might cover your expenses (like meals). And of course, some people buy travel insurance simply because they don’t feel comfortable traveling without it—but whatever your reason, make sure it’s not one of these 10 myths!
3. It’s ok to Go Without Travel Medical Insurance
If you’re a U.S. citizen, getting travel medical insurance is part of your visa application process and should be considered mandatory.
The reason: If you have a serious medical condition or pre-existing condition, it can be hard to get coverage overseas.
Since there’s no way to predict what kind of care you might need while traveling, always err on the side of caution when it comes to safety and go with travel insurance.
4. Insurers are Not Understanding of your Situation
Insurers, as a rule, don’t have time to spend understanding your situation. If they did, they wouldn’t be able to offer you travel insurance online!
The truth is that most travelers never use their travel insurance. A study by Common Sense Advisory found that only 5% of people who buy travel insurance ever file a claim – and more than half of those claims were for trip cancellation or interruption!
When it comes to filing claims for loss or damage, few companies will go out of their way for you – especially when it means that other people are denied coverage because you are given special treatment. That’s not what insurance is about.
Travel insurance online exists so that you have peace of mind in case of emergencies while traveling abroad.
5. Travel Medical Insurance Doesn’t Cover Everything
People purchase travel medical insurance thinking that they’re covered for any eventuality. That’s not necessarily true, though. Some policies will cover you only up to a certain dollar amount and above that, your own personal health insurance kicks in.
It’s important to know what kind of coverage you have and be honest with yourself about how much money you can actually afford to spend on an emergency abroad.
Travel medical insurance is good for emergencies, but some things aren’t as simple as flying back home for surgery.
6. Inexperienced Travelers don’t Need any Cover
Some travelers think they don’t need travel insurance because they are just going on a holiday, but being insured means that you will be protected in case anything happens.
Although most travellers do not experience any issues while they are on their holiday, there have been instances where accidents happened and people have gotten into trouble without travel insurance.
When you buy travel insurance online, it means that your medical expenses can easily be covered even when you are abroad.
If you get sick or get injured during your vacation, you may end up needing hospital visits and surgery – which could cost a lot of money in itself. Buying travel insurance for your family is always worth it!
7. Having Medical Issues Doesn’t Disqualify you from Travel Medical Insurance
Contrary to popular belief, being medically insured (or not) doesn’t disqualify you from getting travel medical insurance.
Most companies don’t put restrictions on your medical history and will let you apply regardless of whether or not you have any serious pre-existing conditions.
If a company asks about your health status and you try fudging it, they won’t honor your claim later when something happens and they investigate it. But why bother applying in that case?
Just apply with an honest answer so that if something comes up later and they turn down a claim, at least you know that it was because of an honest mistake, not because of fraud.
8. Cancellation Coverage for Trip Cancellations Does Not Exist
Let’s get one thing straight—this insurance does exist. It’s just not as comprehensive as you think it is.
If your trip gets canceled because of a natural disaster, death in your family or work-related issues, some policies will reimburse you for your flight and most lodging costs.
But you may be paying out of pocket for any activities, meals and any other services that were supposed to happen during your stay.
This type of coverage pays a relatively small amount when compared with travel insurance online covers all expenses related to a canceled trip – whether due to medical issues or covered perils such as bad weather or terrorist attacks.
9. World Health Organization (WHO) Travel Medical Insurance Recommendations are Outdated and Unrealistic
The WHO makes specific recommendations that don’t take into account your health and other important factors such as your planned activities while traveling.
The WHO recommends travel insurance for high-risk activities but what they don’t mention is travel insurance can only protect you financially against losses, not against any pre-existing conditions.
Some of these high-risk activities include scuba diving, rock climbing, motorcycling and some outdoor adventure sports.