Does it really still make sense to buy family travel insurance in this day and age of budget flights and group Internet deals? It’s a logical question, especially when it’s so cheap to just get new flights these days.
However, the important thing to remember is that the chances of things going wrong on a trip tend to multiply by the number of people travelling. When you’re traveling with your family, the more members there are, the more things may go wrong. (Of course, the more people there are, the more fun it can be too, but it always pays to make sure it stays fun!) That’s why it always makes more sense to invest in family travel insurance when going on holidays with the ones you love.
If you’re not convinced, here are a few more reasons.
If there is just one reason to get family travel insurance, it’s this. People do get sick, even away from home, especially children. What’s more, accidents can and do happen. In case of this kind of eventuality, it pays to be prepared so you can be assured your family gets the best kind of medical care possible.
Experts advise travellers to get coverage with anywhere from two to five million pounds, depending on the destination. While this may seem like a large amount, remember that getting the best medical care available is paramount, and that hospital bills in foreign countries (like the United States, for example) may run to hundreds of thousands of pounds- a prohibitive amount when you have to pay your own medical bills. What’s more, there may be cases when patients need to be flown back to their home country in an air ambulance – a good policy will cover this as well.
Lost Luggage And Valuables
Lost and stolen luggage and money are far from rare when travelling. What’s more, travelling in a group can be quite hectic and confusing – especially when very young children are involved – so this multiplies the chance of losing your valuables to fate or criminals.
While airlines do recover plenty of lost or misplaced baggage, stolen money and valuables is another thing entirely. It’s bad enough to experience this when traveling alone, but when you are traveling with children or older relatives who cannot forgo essential items like food, medicine, formula and clothing, family travel insurance can help ensure they won’t have to do without. Coverage from 1500 to 3000 pounds should be sufficient.
Cancellation and Curtailment Insurance
When airlines cancel flights (for various reasons), chances are there will be compensation. But when you’re the one who needs to cancel or cut short a trip due to reasons such as illness or bereavement, that’s another thing entirely. You policy can compensate you in this eventuality, however you will need to check the terms and conditions to see exactly what is covered.