Is Travel Insurance a Scam?

I am not here to harsh your vacation mellow – but – consider what level of risk you are willing to take while vacationing.

So here is an overview of your risks while on vacation.

There are 3 levels:

  1. You slip and scrape your knee,
  2. You’re showing off and fail. It’s off to the hospital for some stitches,
  3. You accidentally cut your head off and need air-evac to a US hospital to get it sewn back on;
So let’s address #1 – a minor scrape

All decent resorts have a doctor or nurse at the resort. They can fix you up for – little to no – cost.

#2 – you need to go to a hospital

Bring your credit card. You will be expected to pay BEFORE you get medical attention.

#3 – you need to an air – evac

Bring your credit card with a VERY big limit. Like $15 – $20k – before wheels up. There is no amount of crying, wailing or logic that will get you results before you pay.

So now you ask, ‘What do I do?’

First, check to see if your existing insurance covers you when you travel (most don’t!).

And then check the price of travel insurance.

For about $79-99 pp you can buy travel insurance that protects you from medical emergencies – and – also allows you to cancel your trip for any reason – and get all your money back (including airfare).

Like all breathing people, I dislike being gouged by insurance companies – so here are links to other opinions – both Pro and Con.

Con link:
http://www.huffingtonpost.com/2014/03/17/travel-insurance-101_n_4957141.html

Pro link:
http://www.forbes.com/sites/nextavenue/2013/07/08/a-travel-insurance-skeptic-changes-her-mind/#77f03eb72596

The bottom line is how much risk will you accept.

Hope this helps…….

>>Jake

P.S. Ask us any Travel Insurance question. We have heard it all.

About Jake Johnson 178 Articles
Jake Johnson is a full-time travel bum, who prefers warm climates where the women wear less clothing. We've tried to teach him things like manners and diplomacy, but we've given up and simply rely on our editors to remove the most offensive bits from his articles. We take no responsibility for his inane ramblings opinions - they are his own.

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