Is Travel Insurance Actually Worth it? The Pros & Cons

The question of whether travel insurance is worth purchasing is one that gets brought up time and again from travelers, especially young travelers.

Some travelers choose to risk it and not have coverage while they’re abroad, while others would never leave home without it.

Do the pros outweigh the cons? Is it something that I’ll ever need to use, or will I just be wasting my money? What if my claim isn’t accepted anyway?

These concerns are valid and understandable, and they should be addressed when thinking about purchasing travel insurance before a trip. So, let’s start with the pros and cons.

Pros of Travel Insurance

Sense of Security

The main advantage of having travel insurance is the sense of security you get from simply having it.

If the unexpected happens and your trip gets completely dismantled, your travel insurance could reimburse you or help you out of a tight spot when you need it most.

It seems that something…