{"id":15582,"date":"2015-07-08T12:31:24","date_gmt":"2015-07-08T16:31:24","guid":{"rendered":"http:\/\/www.tripcentral.ca\/blog\/?page_id=15582"},"modified":"2015-09-01T12:45:48","modified_gmt":"2015-09-01T16:45:48","slug":"benefits-risks","status":"publish","type":"page","link":"https:\/\/www.tripcentral.ca\/blog\/travel-insurance\/benefits-risks\/","title":{"rendered":"Travel Insurance Benefits: Is it worth the price?"},"content":{"rendered":"

\"tripsense-travel-insurance-Worth-the-benefits\"<\/a>The benefits of travel insurance outweigh the risks – and you’ll feel better knowing you’re protected while you’re away.<\/p>\n

If you think emergency hospital medical insurance<\/a> is too expensive, you may be betting hundreds of thousands of dollars without knowing it.\u00a0 Hospitalization, especially in places with poor public plans that reciprocate with your province (like the US and much of the Caribbean), costs of air ambulance and related costs, and even\u00a0\u201creturn of deceased\u201d which while morbid, is all very expensive.\u00a0 What\u2019s worse, is you are not in a position to shop or negotiate, so often people pay full rate.\u00a0 Emergency Medical is not expensive, and while it may have low risk of claims, if you do need it, you\u2019ll be thankful you had it.\u00a0 Worrying about not having medical insurance is another cost of head space on your vacation that you don\u2019t need.\u00a0 Even if you have a pre-existing condition resulting in very high premiums, we think you should have medical insurance, or seriously reconsider going at all.<\/p>\n

Medical insurance aside, cancellation insurance is typically the one that gets overlooked. You may be the type to decline this coverage because you only want to pay insurance for catastrophic risks that would affect your financial position.\u00a0 We can appreciate your risk tolerance, but we would like to make you aware of a few benefits:<\/p>\n