9 Useful Benefits of Travel Insurance for Travelers

Compared to life insurance, travel insurance might not be as popular among the general public. However, this type of protection is highly beneficial for its holders.

So, what exactly is travel insurance? In general, this form of protection is similar to regular insurance. The difference is, travel insurance is only valid for a specific period.

In other words, travel insurance can only be used from the time you start your trip until you return home. To better understand the benefits of travel insurance, let's take a look at the complete explanation below!

Here Are 9 Benefits of Having Travel Insurance

1. Accident Coverage

With travel insurance, total losses due to accidents during the trip will be covered by the insurance. This includes hospital costs and/or death benefits.

2. Double Compensation

For airline passengers, travel insurance provides double compensation in the event of an accident. This includes hospital treatment costs and compensation for any incidents.

3. Baggage Loss or Damage Protection

Losing baggage during a trip can be very frustrating. With travel insurance, you can receive compensation for delays (over 12 hours) or loss of your belongings.

4. Compensation for Delays

Is your transportation delayed for more than 12 hours? No worries travel insurance lets you claim compensation in the form of money, accommodation costs, and meals.

5. Repatriation of Remains

If the policyholder passes away during the trip, travel insurance will cover the cost of repatriating the remains. This is, of course, very helpful for the grieving family.

6. Family Visit Coverage

Falling ill while traveling abroad? No need to worry some travel insurance policies cover the cost of family visits. However, this benefit only applies to certain products.

7. Emergency Medical Costs

Several travel insurance products also cover emergency medical treatment. This is very useful if you fall ill during your trip and need funds to buy medicine.

8. 24-Hour Assistance Service

Travel insurance policyholders have access to 24-hour assistance or a call center. This means you won’t have to worry if you need sudden help or emergency evacuation.