Is Travel Insurance Necessary For Every Trip? Costs And Coverage Explained

Travel insurance may not be mandatory for every destination, but it can provide valuable financial protection. Some countries, including Schengen destinations, require travel insurance as part of the visa process. Even where it is optional, insurance can be important when travelling to countries such as the US, Canada and parts of West Asia, where healthcare costs can be high. Meet Kapadia, Business Head, Policybazaar, explains why affordable travel insurance can provide substantial medical coverage abroad and protect travellers from unexpected hospitalisation, baggage delays and other emergencies. The key is to consider your destination, trip duration, healthcare costs and coverage requirements before travelling.