How People Justify Themselves For Not Buying Travel Insurance

By | 01/09/2018
How People Justify Themselves For Not Buying Travel Insurance

India’s First Free Online/On-call Financial Advisory Portal – MoneyMindz

Travel Insurance is very important. This is because it covers risks associated with travel such as delay of flight, loss of baggage, your sickness or hospitalization charges, other losses during travel, etc. Sadly many people don’t understand the benefits of getting a Travel Insurance.

Travel Insurance

Travel Insurance is intended to cover losses related to travel, such as medical emergencies, loss of baggage, accidents, etc. It is a useful protection for travellers.

Travel Insurance is needed as Health Insurance won’t cover your medical expenses abroad. MoneyMindz, India’s First Free Online Financial Advisory

What excuses do people giver to avoid buying Travel Insurance?

  1. I am young for all eternity

Some people live in a fool’s paradise and assume they are young and healthy and will stay so forever. They don’t realize that every living being born on this planet will grow sick, old and will eventually die. That’s the law of nature.

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  1. I already have a Health Insurance

Good that you have a Health Insurance, but it won’t come to your rescue if you get struck in an emergency when you are on a vacation abroad. Moreover, Health Insurance covers your medical needs. What if you are medically fit but loser your baggage while travelling? MoneyMindz, India’s First Free On call Financial Advisory

  1. I don’t understand what can possibly go wrong

That’s exactly why life is said to be unpredictable. You don’t know what will happen a moment later. Nobody can predict the future accurately and 100% truly. When you don’t know the future, you shouldn’t be asking such questions. Rather you should be in a hurry to buy Travel Insurance, Health Insurance and Term Insurance

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  1. I have inherited money from my forefathers

Then what’s so difficult in buying Travel Insurance? You have inherited so much money; certainly you can spend little bit of that money for your own safety and your forefathers won’t mind. But buying Travel Insurance is still imperative. Smart Financial Advisor, Kuber Mindz

  1. I don’t have money’

This is precisely the reason you should buy Travel Insurance and even Term Insurance and Health Insurance. Since you don’t have enough money, you may not be ready for emergencies, especially during travel. So it’s in your best interest to buy all kinds of Insurance since you have limited money. Accept the fact that you wouldn’t even be reading this article with internet access if you really had no money at all!!

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