Travelling without travel insurance is like canoeing without a life jacket. Inconceivable. ~Joanne Parent~
Uninsured travellers justify their decision by claiming that they are already covered by public or workplace insurance plans or by their credit card. Others find premiums too high. Travellers are still leaving home without packing individual travel insurance because they overestimate the scope of their group and public insurance plans.
Don’t depend on the unknown and then find out too late when faced with a $50,000 medical bill due to an out of country hospital stay. Know what you have before you get on the plane.
Snowbirds, frequent flyers or occasional travellers… better to insured than to wish you had been. Don’t let being underinsured put your financial health at risk.
Source: The Insurance & Investment Journal