Is travel insurance really essential? This is a question that many travelers are asking. This is often one of the neglected expenses during a stay abroad but beware, here is a list of popular belief with answers to help you in your choice.
No need for travel insurance, my credit card will take charge
TRUE AND FALSE – The insurances accompanying your credit card (Visa, Mastercard, American Express) are more like contracts of assistance that assist you in case of incidents, for a short period without offering you a very important health coverage and under any circumstances if you stay more than 3 consecutive months in any country.
The major difference between a private travel insurance and the assistance of your credit card is the reimbursement ceiling. You will be restricted in terms of healthcare expenses by your credit card in many countries where fees are very high. It is therefore important to take out health insurance abroad in addition to the assistance of your credit card.
To learn more, you can read “What health coverage with your credit card? ”
No need for travel insurance, I travel just for sunbathing so I do not risk anything
FALSE – You have probably already traveled many times without anything happening to you but it is impossible to predict the unexpected. Loss or theft of luggage, accident, sickness, cancellation can quickly happen. With Mondassur, you will be helped, advised and taken care of when needed with your health insurance abroad.
I go to a country where the cost of living is low, I would cover the expenses …
Popular belief to be banned:
- Food poisoning in Thailand can cost you more than 2.000 €
- The treatment of gastroenteritis in Vietnam will cost you about 3,000 €
Developing countries will transfer you to private clinics and you will soon realize that medical expenses can also be very high. So do not neglect your health and your wallet. In case of a big glitch, your subscription will quickly pay off.
Insurances are all the same, so it’s better to take the cheapest
FALSE – Indeed, many insurers offer the same type of insurance of international insurance: cancellation insurance, repatriation insurance, medical expenses, civil liability … However, as for credit card, it is necessary to pay attention to the ceilings’s amount, exclusions from the contract and deductibles.
It is up to you to read the conditions of guarantees of health insurance abroad because it is not for it is neither the most expensive nor the cheapest the worst. It all depends on your needs and your expectations. That’s why Mondassur advises you to find the insurance that best suits your situation.