Travel Insurance Optional?
Simply stated, travellers who do not have travel insurance can be personally liable for medical claims incurred overseas and these costs can financially ruin them!
With daily hospitalisation costs in South East Asia costing as much as $800 a day and the cost of a medical evacuation from the United States ranging between $75 000 and $95 000 it is easy to comprehend why travellers cannot risk travelling without travel insurance.
There have even been instances where Australian families have been forced to rely on their superannuation funds or in some cases sell their homes in order to raise the money to bring their loved ones home - all because they failed to purchase travel insurance.
Then there is the risk of being held liable for injuring someone else - imagine your super-fit son tearing down a ski slope only to collide with an innocent holiday maker. Not only can you be held responsible for the injuries to the other party, you could even receive a claim for his lost income whilst he recovers.
Despite these risks, many people still travel without travel insurance.
So yes in almost every situation travel insurance is optional but it's also hard to imagine a scenario where you’ll wish you hadn’t purchased it. Get a one minute cheap travel insurance quote to see what you could save with Budget Direct Travel Insurance.
