Here are 5 good reasons why it is useful to take out such insurance:
When you book a trip in good time
The more you book in advance, the more you increase the likelihood that an unforeseen event will occur between the reservation date and the trip. This guarantee covers you in the event of serious injury, illness requiring hospitalization, the death of a relative or an accident that may prevent you from leaving.
When the trip is very expensive
The more expensive a trip is, the more upset you will be if you have to cancel it at the last minute, because you will be a double loser. If, for example, it is a trip that costs several thousand euros, taking out this insurance is an insignificant expense compared to the money you will be reimbursed in the event of a problem.
When your situation is unstable
If you choose to travel despite an uncertain professional context, such as a transfer, dismissal or a possible call for an exam, you have an excellent reason to take out cancellation insurance. This will guarantee the reimbursement of costs depending on the insurance contract taken out.
When the state of health is worrying
When you order several months in advance, you cannot predict the development of the health situation in the world. The Covid 19 pandemic has changed the habits of travelers and tour operators. Now we all know that our travel plans remain uncertain because we can get sick at any moment. In addition, some movement restrictions may be imposed suddenly, forcing you to stay in your home.
When your credit card doesn’t cover you enough
You have surely heard that your bank card includes travel insurance and that it is not necessary to take out a double guarantee. But beware, cancellation insurance is only included with top-of-the-range cards. In addition, in order to receive a refund in the event of an unforeseen event, you must have paid for the trip with the same bank card.
Final advice: Carefully read the terms of the contract attached to your credit card, as the grounds for cancellation are limited. There are sometimes insufficient compensation caps in respect of your trip.
None of us are immune to canceling our trip. It is therefore advisable to take out optional cancellation insurance. In the current health context, where the Covid epidemic crises continue, caution is the key word!