The answer is easy. Whether you travel for business or pleasure, international travel involves risk. You may arrive at your destination to find that your luggage with personal items has disappeared. A personal emergency may necessitate your early return to your Home Country. A medical emergency may require hospitalization or even air evacuation. In most cases, your existing insurance will not provide adequate protection for these and other risks. Without appropriate travel insurance, you may be exposed to significant financial liability.
Imagine being in a foreign country and you have to have your appendix removed or have a serious automobile accident. In most cases the hospital, doctor or clinic will not accept your domestic insurance card. They want cash. So fine, you put the $25,000 on your credit card and your domestic insurer will reimburse you, right? In many cases the answer is NO! What if you have to be flown to another medical facility that can provide the appropriate treatment for your illness? Again, in most cases this is not a covered expense under your domestic health insurance plan. Did you know air evacuation services can cost over $30,000 or more in some cases? These are just a couple of examples why you need travel insurance.
