Five Reasons You May Need Travel Insurance

When it comes to sorting out travel insurance, it's easy to focus on the usual suspects like medical emergencies, luggage theft, and potential cancellations. But not all the unexpected hassles you might face while travelling get the attention they deserve.

 Here are five things you might not have considered when looking into getting travel insurance:

1. Unforeseen Medical Expenses

Getting sick or injured abroad can really sting the hip pocket! Medical bills can skyrocket without the safety net of Medicare, and depending on where you are, they can hit you hard. For example, a night in a hospital in Vietnam could set you back between $2000 and $2500, while in New York City, you're looking at $16,000 to $21,500. And that's not even counting the cost of getting flown back home if things get serious. Without travel insurance covering these unexpected medical costs, your holiday could end up costing you a lot more than you bargained for. 

2. Government Advisories and Cancellations

It's important to keep an eye on travel warnings from the government for high-risk areas. If your plans get thrown into chaos because of these warnings, you could be out of pocket for thousands of dollars. Look for a policy that includes cancellation benefits to help shield you against losses if your trip gets canned due to government advice. 

3. In-Flight Theft Risks

Planes might seem like safe spaces, but they can also attract dodgy characters looking for an easy grab. Theft onboard can leave you significantly out of pocket, and it's not just a matter of keeping your valuables close. Even with all your belongings in sight, you're not guaranteed safety. Travel insurance can help soften the blow financially if you become a victim of in-flight theft. 

4. Dental and Other Medical Emergencies

No one plans to have a dental emergency while on holiday, but it can happen. Ignoring the potential for medical emergencies, including dental issues, could leave you in a world of pain—both physically and financially. Make sure your travel insurance lists unexpected medical expenses benefits, including dental emergencies, to avoid ending up in the dentist's chair with a hefty bill. 

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5. Financial Responsibilities in Case of Incidents

The last thing you want is to saddle your loved ones with a hefty bill if something goes wrong while you're away. Whether it's medical evacuations, repatriation, or legal matters, the financial burden can be significant. Look for a travel insurance policy that addresses these possibilities to ensure you're not leaving your family high and dry if the worst should happen. In short, don't underestimate the importance of comprehensive travel insurance. By considering the potential risks of your travels and ensuring your policy benefits address for these, you can holiday, knowing you’ve made the right decisions no matter what comes your way.

Fast Cover Talks About their Travel Insurance

Fast Cover says it is a trusted name in travel insurance, awarded for its speed, convenience, value and wide range of policies to choose from. They tell us that when you choose Fast Cover, you're choosing to help safeguard your travels.

WeMoney have teamed up with Fast Cover to assist you with a seamless experience.

Here's how it works.

Step 1 - Get a Quote

Click the link below to apply for a fast travel insurance quote. Their user-friendly platform will help you find the right policy for your trip.

Get Quote Here

Step 2 - Buy Your Policy

Once you've selected the policy options that suits you best, simply follow the easy steps to buy your policy securely online.

Step 3 – Enjoy Your Travels

With Fast Cover with you, you can now embark on your journey, knowing you have reliable travel insurance by your side!

Benefits of Fast Cover

• Quick Quotes: Receive instant online quote customised by you to suit your travel plans.
• Comprehensive Coverage: Choose the benefits that suits you best, from medical emergencies to trip cancellations, lost baggage, and more.
• Hassle-Free Claims: If the unexpected happens, Fast Cover's claims process is straightforward and efficient.
• 24/7 Assistance: Access emergency assistance 24/7, no matter where you are in the world.

Get Quote Here

Disclaimer

WeMoney is a referral platform only and does not endorse Fast Cover or provide advice on its products. Any purchase through our referral may result in WeMoney receiving a commission. Fast Cover Pty Ltd administers policies underwritten by certain Lloyd's underwriters. Please note that any advice provided is general and may not suit your individual needs. Fast Cover's compensation is included in your payment, and we receive a portion of the insurer's premium. Consider the Combined Financial Services Guide and Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding if this product is right for you.

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