CLIENT: No thanks, I don’t think I need travel insurance.
US: If an illness, accident, or sudden change in plans forces you to cancel or interrupt your trip, you could face two major financial losses: (1) money you’ve invested in non-refundable prepayments and (2) medical expenses that aren’t covered by your health insurance. That’s why we often recommend travel insurance to safeguard your travel investment and personal finances.
CLIENT: I’ve heard travel insurance is really expensive.
US: Buying insurance of any kind (think home and auto) always seems expensive. Just like home and auto, the cost of insurance is based on the value of your asset (trip). The more you have invested in your trip, the more you need to protect the investment. Travel insurance covers you for losses caused by trip cancellation and interruption, medical expenses, baggage loss, and trip and baggage delay. Insurance is a great value, considering all the protections you get.
Is Travel Insurance Worth It in March 2024? by Nerd Wallet
Just like we hope you are not involved in a car accident or a tree falls on your house we also hope you won't need insurance while traveling - but stuff DOES happen. So give travel insurance serious consideration.
Yes! We at Magic Planned purchase travel insurance when we travel: 1 - We always purchase generous medical coverage when not on American soil, 2 - We purchase trip cancellation/interruption insurance when our travel involves large non refundable expenses, 3 - Very affordable Insurance offered by airlines can cover those precious airline miles you used (not covered by travel insurance plans) and is a great way to recoup modest losses associated with air travel snafus anywhere.