Travel insurance is an essential component of any trip, providing travelers with financial
protection and peace of mind. By purchasing travel insurance policies, you can save yourself
from unexpected expenses and potential losses during your journey.
Taking the proactive step of buying trip insurance isn’t just a safeguard from unforeseen
circumstances, but it also saves money in the long run. The financial protection it provides
ensures that you have a worry-free and enjoyable experience during your travels, knowing
you can safely cancel for any reason!
The Benefits of Investing in Travel Insurance
Reimbursement for unforeseen events
Travel insurance coverage provides significant reimbursement for unforeseen events that
can disrupt your travel plans. Whether it’s a sudden illness, a family emergency, or a natural
disaster, having travel insurance ensures that you are financially protected against non-
refundable trip expenses, unexpected cancellations, flight delays, or trip interruptions.
Flight cancellations and delays are common occurrences, and they can lead to additional
expenses such as hotel accommodations, meals, and transportation. Travel insurance
covers these costs, relieving you of any financial burden and allowing you to make alternate
travel arrangements without worrying about extra expenses.
If your trip is interrupted due to unforeseen circumstances such as a medical issue or a
family member’s illness, travel insurance can provide reimbursement for the unused portion
of your trip, including prepaid expenses such as hotel reservations, tours, and activities.
Many travel arrangements, such as airline tickets, hotel bookings, and tour packages, are
non-refundable. In the event of cancellations, travel insurance can reimburse you for these
non-refundable expenses, ensuring that you don’t lose out on the money you’ve already
The Risks of Traveling Without Insurance Coverage
Medical emergencies abroad
One of the biggest risks of traveling without insurance coverage is facing unexpected
medical emergencies abroad. Without it, you may be responsible for paying expensive
medical bills out of pocket, including hospital stays, doctor’s fees, and emergency medical
transportation. Medical evacuation insurance, for example, may be necessary for potentially
dangerous trips to remote locations, such as skiing on a mountain range.
Inadequate travel assistance
Travel insurance not only provides financial coverage but also offers valuable travel
assistance services. These services can include 24/7 helpline support, emergency medical
evacuation, and access to a network of medical providers. Without insurance, you may lack
access to these critical services when you need them the most.
Luggage loss or theft
Traveling without insurance coverage puts you at risk of losing your luggage or having it
stolen. This can be a frustrating and costly experience, as you will have to bear the expense
of replacing essential items and personal belongings. Travel insurance provides
compensation for lost, damaged, or stolen baggage, minimizing the financial impact of such
If your luggage goes missing or is stolen, you may find yourself without necessary items
such as clothing, toiletries, and personal belongings. Travel insurance can cover the cost of
replacing these essential items, allowing you to continue your trip without significant
Reimbursement for personal belongings
Your luggage often contains valuable personal belongings, including electronics, jewelry,
and other items of significant worth. Without lost baggage insurance, the cost of replacing
these items can be substantial. With proper coverage, you can be reimbursed for the value
of your lost belongings, reducing the financial burden.
Traveling without insurance coverage exposes you to significant financial risks and potential
hardships. From medical emergencies to lost luggage and flight disruptions, the absence of
travel insurance can leave you vulnerable during your trip. Protect yourself and your finances
by investing with comprehensive coverage before embarking on your next journey by
allowing you to cancel for any reason and not worry about additional trip expenses.
Protecting Yourself from Medical Emergencies While
Comprehensive medical coverage
One of the primary benefits of travel health insurance is the comprehensive medical
coverage it provides. In the event of a medical emergency while traveling, travel insurance
ensures that you have access to necessary healthcare services and covers the associated
emergency medical expenses, including hospital stays, surgeries, medications, and
transportation to the nearest adequate medical facility.
Emergency medical evacuation
In severe situations where local medical facilities are inadequate, travel medical insurance
can arrange and cover the cost of emergency evacuation to the nearest suitable medical
facility. This service becomes vital if you require specialized medical treatment or need to be
transported back to your home country for further care.
Medical assistance services
Travel medical insurance often doubles as medical insurance, as it includes medical
assistance services that can provide invaluable support while you are overseas. These
services may include access to medical professionals who can offer guidance, connections
to local medical facilities, and assistance in navigating foreign healthcare systems, ensuring
you receive appropriate medical care during your trip.
According to a report by the World Health Organization (WHO), health-related problems
account for approximately 50% of travel-associated issues. From minor illnesses to major
accidents, being prepared with travel insurance is crucial to protect yourself from the
potentially exorbitant medical expenses incurred from emergencies.
Peace of mind
Knowing that you have travel coverage for medical emergencies provides you with peace of
mind during your trip. As you explore new destinations and engage in various activities, you
can focus on enjoying your experience rather than worrying about the financial implications
of a sudden health crisis.
Traveling can sometimes involve unforeseen medical emergencies, but with the right
insurance coverage, you can mitigate these risks and ensure that you receive the necessary
medical care without worrying about the financial burden. Prioritizing your health and well-
being while traveling is essential, and travel insurance helps you do just that. Just ensure
that your coverage limits still include the most likely reasons for cancellation, so you can
receive partial reimbursement.
Trip Cancellation Insurance: Why It’s Important to Have
Protection for non-refundable expenses
Trip cancellation insurance is an essential component of travel insurance, providing
coverage for non-refundable expenses if you need to cancel your trip due to unforeseen
circumstances. Whether it’s a travel delay, personal emergency, illness, or any other
covered reason, this insurance ensures that you receive reimbursement for the expenses
you have already incurred, such as flight tickets due to missed airline connections or flight
Cost of trip cancellation
Canceling a trip can result in significant monetary losses, especially if you have prepaid for
flights, accommodations, tours, or other non-refundable expenses. Without trip cancellation
coverage, you may be left shouldering these costs yourself, potentially amounting to
thousands of dollars.
Unforeseen emergencies such as a sudden illness, family emergency, or natural disaster
can force you to cancel your trip at the last minute. Cancellation plans provide financial
protection in these emergency situations, allowing you to recover a significant portion of the
money you’ve invested in the trip.
Knowing that you have this type of insurance coverage provides you with peace of mind
when planning your trip. Even if unforeseen circumstances arise, you can cancel your trip
without the worry of losing all the money you’ve invested in it. This assurance allows you to
book in advance and take advantage of early booking discounts without the fear of financial
Customizing Your Travel Insurance for Your Needs
Range of coverage options
When buying travel insurance, you have the benefit of choosing from a range of coverage
options that can be customized to meet your specific needs. Whether you need coverage for
medical emergencies, trip cancellations, or lost baggage, insurance companies offer plans
with varying levels of coverage to suit your requirements.
Duration of coverage
When you purchase travel insurance plans, they can be tailored to the duration of your trip,
whether it’s a short weekend getaway or a long-term vacation. Travel insurance providers
offer coverage for a single trip or opt for annual plans that provide coverage for multiple trips
throughout the year, depending on your travel frequency and preferences.
Additional coverage add-ons
Insurance companies often offer additional coverage add-ons that you can include in your
travel insurance policy. These add-ons may include coverage for adventure activities, rental
car protection, pre-existing medical conditions, or even coverage for pets traveling with you.
Customizing your travel insurance allows you to address specific needs and potential risks
associated with your trip.
How Travel Insurance from Oona Saves You Money and
Offers Peace of Mind
Financial protection for unexpected events
Travel insurance cost is based on multiple factors, such as the duration of the trip and the
health details of the traveler, but it provides valuable financial protection for unforeseen
events that can occur during your trip. From trip cancellations and delays to medical
emergencies and lost baggage, travel insurance offers coverage that can save you from
significant out-of-pocket expenses.
Cost of travel insurance vs. potential losses
The cost of travel insurance is relatively small compared to the potential financial losses that
can occur while traveling. By investing in travel insurance, you are safeguarding your
finances and ensuring that you are protected from unexpected expenses that can arise
during your trip.
Access to travel assistance services
Insurance companies provide access to travel assistance services that can be invaluable
during your trip. These services can include 24/7 helpline support, emergency medical
evacuation, and assistance with travel arrangements. Having access to these services offers
peace of mind and ensures that you have the necessary support in case of emergencies.
Coverage tailored to your needs
Insurance companies offer a variety of travel insurance plans that cater to different travel
needs. Whether you are a frequent traveler, a backpacker, or traveling with family, you can
customize your coverage to suit your specific requirements. This ensures that you are
getting the right level of protection without paying for coverage you don’t need.
For all of Life’s Twists, There’s Oona
Travel insurance saves you money by protecting you from unexpected expenses and
potential financial losses that can occur during your trip. Beyond the financial benefits, it
provides peace of mind and a sense of security, allowing you to travel with confidence and
focus on creating memorable experiences.
And when it comes to international travel insurance, Oona stands out as the provider offering
the most comprehensive coverage in 2024. Oona should be your go-to choice for:
- Extensive coverage options
- Flexible plans
- Exceptional customer service
- Competitive pricing
By purchasing travel insurance, you gain financial protection for unforeseen events such as
trip cancellations, medical emergencies, and lost luggage. The cost of travel insurance is
small compared to the potential financial losses that can occur during a trip, making it a cost-
Frequently Asked Questions
What does travel insurance in the Philippines typically cover?
Travel insurance coverage can vary, but it commonly includes protection against trip
cancellations or interruptions, medical emergencies, lost or delayed baggage, and travel-
related accidents. It’s crucial to understand the specific inclusions and exclusions of your
policy, as coverage can differ between insurance providers.
How does travel insurance handle pre-existing medical conditions?
Many travel insurance policies in the Philippines have specific terms regarding pre-existing
medical conditions. It’s important to inquire about coverage for pre-existing conditions, as
some policies may have limitations or exclusions. Some insurers offer coverage for pre-
existing conditions if certain criteria are met, while others may require additional premium
What steps should I take in case of an emergency while traveling and needing to
make a claim?
In the event of an emergency, it’s crucial to contact your insurance provider as soon as
possible. Most travel insurance companies have a 24/7 helpline for assistance. Be prepared
to provide relevant information such as your policy number, details of the incident, and any
supporting documentation. Understanding the claims process, documentation requirements,
and having emergency contact information readily available can help expedite the resolution
of your claim.