Troubled Times? 3 Smart Reasons Why Travel Insurance is More Important Than Ever

Do you book your travel flights and accommodation independently? Worried about the risk of terrorism? Concerned about the state of the economy? Read on to see why travel insurance is important.

How important is travel insurance?

We live in tempestuous times for travellers. This summer has seen the tragic Bastille Day atrocity in Nice, the terrorist attack at Istanbul Ataturk Airport and continued restrictions on travel to countries on our doorstep due to security and safety risks, like Syria, Tunisia and Egypt. On the economic front, another travel company has gone bust this summer with Lowcosttravelgroup, leaving over a hundred thousand holidaymakers out of pocket, so you can be forgiven for thinking twice about where to travel this year.

So how do we protect ourselves against these challenges? In truth, the only certainty is that nowhere is risk free. However, you can make an informed choice about where to travel by knowing the latest official travel advice and the Foreign and Commonwealth Office (FCO) website is a great place to start.

Read also: Is Your Holiday a Safe Travel Destination in 2016?

How can travel insurance help?

When it comes to travel Insurance most of us routinely think about medical protection and cover for personal possessions, but what if your airline or coach operator goes bust? Check your travel insurance cover as many policies won’t cover these risks as standard.

However Globelink always strives to provide customers with cover that suits today’s traveller in today’s climate and our latest policy options are no exception. Unlike some competitors, our Annual Multi Trip, Comprehensive and Winter Sports policies include End Supplier Insolvency Protection and Force Majeure Travel Disruption cover as standard.

This means that if your pre-booked holiday providers, such as coach operator, airline, hotel, car hire company go out of business due to financial failure, you are protected. This type of cover is a real consideration in these unsettled times and especially now that more of us are booking our travel independently. So be sure to select the right policy for that extra peace of mind this year.

Globelink provides Travel Insurance for people living in the EU. Get an instant quote and arrange cover securely online or call call +44 (0) 1353 699082 to talk to Globelink Travel Insurance Customer Service team. Your Policy and Emergency Assistance Card will be delivered immediately by email.

Read also: 11 Common Risks to Avoid in Any Country