The travel industry has seen many changes over the past decade, one of the most notable changes being the altered attitude towards the subject of travel insurance. A good travel insurance policy protects travellers from all these unforeseen events, minimizing risk and financial loss due to unfortunate events. Below a look at 5 reasons why travel insurance is so important if you plan to travel any large distance.
1. To Get Cancellation Coverage - Travel companies do not normally issue a refund in case people have to cancel their trip owing to ill health, death, or any other emergency situation. If vacationers purchase proper travel insurance after booking their tour, cancellation cover will often be covered for sudden trip cancellations.
