Life can be full of uncertainty. The same goes for any perfectly planned trip. Bad events in travel can surprise you. You can't stop the inevitable, but you can limit the consequences. Travel insurance is one way to achieve this.

Here are some reasons why you should buy travel insurance.

1. Help cancel a trip.

The holidays cost us an arm and a leg. Things can go wrong at any time and there is no choice but to cancel the entire trip.

In this case, travel insurance is your only option. Most travel insurance policies offer a cancellation service that enables you to be reimbursed for prepaid travel. However, the reason for termination must be included in the insurance conditions.

2. Help with medical emergencies.

Medical bills are no joke. They cost a lot in your home country. It only gets worse when you travel abroad and don't have travel insurance. With travel insurance, you don't have to worry about medical bills abroad. In addition, medically necessary transportation is also covered by travel insurance.

3. A friend from a foreign land.

You definitely don't want to be in financial trouble when you travel abroad. Travel insurance is one way to avoid this. This has several benefits. In an emergency, there is a dedicated team at your disposal. Having a dedicated team makes communication smoother and makes the whole process completely hassle-free.

4. Risk protection.

Travel insurance provides additional protection by providing risk coverage. This includes lost personal items, lost passports, lost luggage, etc. If your flying vet is cancelled for any reason (*subject to agreed terms), travel insurance will reimburse you to some extent.

5. Provides an extra sense of relief.

There's no point in taking time off if you're worried about possible events that will throw you into financial chaos. With travel insurance, you can enjoy your vacation without worrying about potential emergencies that leave you cashless abroad.

With travel insurance, help is just a phone call away, no matter how far you are from home.

The Bottom Line.

When shopping for travel insurance, it's important not to settle for cheaper options. Pockets may feel light, but will cost you a lot later. Spend a few extra bucks if you must, or you may miss out on important claims. Also check the fine print when you use it. That way you know what's covered and what's not.

Last but not least, honesty is the best policy. Provide all information, whether medical or financial, with complete honesty. Failure to do so may hinder the claims process.