Travel Insurance – Do I even need it?

Travel Insurance!! I can hear what you’re thinking, it is so expensive, it’s a huge cost if I don’t even use it? How often do people claim on their insurance anyway?

I have to admit something, I never purchased travel insurance until about five years ago. I decided to buy travel insurance after I had an accident at home and it cost me $1,600. It was then that I thought, what if this was overseas, it could potentially cost me hundreds of thousands of dollars. I can’t afford that.

Story Time…..

For a moment lets just imagine the following scenario:

You are heading off on the trip of a life time, you have packed all of your best travel gear, perhaps you’ve purchased some things especially for this trip (I know we did, we spent $600 on down jackets. In fact, my old backpack broke before our trip so I spent $500 on my backpack!)

You’re standing at a baggage carousel on the other side of the world, every body else has collected their bags and you’re still waiting, waiting and waiting. Deep down you know it, your bags aren’t coming.

You go to the luggage counter to fill a missing bag report, but what if they can’t find it? What if some one has taken it?

You’re luggage has gone….

Adding up the costs

Chances are, if you have lost your luggage you are likely to go out and buy new things. You can’t spend the rest of trip in the same set of clothing.

How much does it cost to replace your belongs? The cost is usually some where around $1,500.

$1,500?!? That seems like a lot of money. But if you do the maths….

  • Shoes $150
  • Jewelry $300
  • Jeans $100
  • Jackets $100
  • Other clothing/underwear $200
  • Toiletries $100
  • Not to mention the electronics you might carrying

Some times airlines may have a small amount of “insurance” you can claim but it takes a long time for this money to come and a lot patients.

The other stuff …..

$1,500 for lost luggage may seem like a lot, but what if you are travelling to some remote corner of the world and you become very ill or break a leg? The cost to have you taken to the nearest hospital, the nearest not always the best, will be huge! I have heard stories of people needing to transported off mountains in helicopters, that would cost you thousands upon thousands of dollars. I don’t know about you but I cannot afford that kind of money.

After hearing some of these stories I decided I didn’t want to risk it anymore and neither should you

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Where do I get travel insurance?

I was listening to a podcast about travel insurance and they were talking to someone who works at World Nomads. The guy that was being interviewed sounded like a down to earth, like minded traveller. World Nomads travel insurance is by travellers for travellers.

After hearing the podcast, I did a lot of research into travel insurance and they seemed to be the company that would cover most, if not all of the things that I would need insurance for and the prices are very competitive.

For two people travelling to Europe for four months, we got insurance for less than $1,000 – most other companies were going to charge over $1,200 with less inclusions! In my book that is a win!

World Nomads cover a range of things…..

  • Medical Services
  • Terrorism
  • Travel Accidents
  • Lost Baggage
  • Trip Cancellation
  • Travel Health
  • Stolen Credit Cards
  • Stolen Passports
  • Natural Disasters
  • Delayed Baggage

Travel insurance from is available to people from over 140 countries and is designed for adventurous travelers with cover for overseas medical, evacuation, baggage and a range of adventure sports and activities.

What does it cover?

With travel insurance from you can:

Do your research

For me, World Nomads is my perfect match. They cover the things I need to be covered for and they align with my values. However, they may not be perfect fit for you.

So, do your research, ask questions and then make an informed choice.

But, please, please do not go travelling without travel insurance. If something goes wrong on your trip or if you get sick, you want someone who will be there for you and to help you sort things out so you can focus on getting yourself better.


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10 thoughts on “Travel Insurance – Do I even need it?”

    • Fingers crossed it stays that way. I hate buying travel insurance but the time I do need it, I’ll be glad I have it!!

  1. I ended up in hospital while traveling Australia, and I’m so so thankful I was insured by World Nomads. They ended up covering most of the $2,000 bill. I honestly can not wrap my head around the idea that there are people who travel without insurance… I feel like if you can afford to travel, you should be able to afford 10 – 20$ a day on insurance. Anyways, thank you for this post! You’re spot on about the importance of travel insurance.

    • Oh no!! I’m sorry to hear you were in hospital. It’s not that a big of a cost when you put it like that! It’s almost the cost of a beer but can save you so much money if something goes wrong.

  2. Seriously, I think my worst fear is my luggage going missing haha. This is why we really try to travel with carry-ons, but when that isn’t possible my heart is in my throat until I see my bag. I can only imagine how expensive it is to replace items while travelling. I’ll never travel without insurance – I’ll have to check World Nomads out!

    • I love world nomads! I’m the same though, if my bag takes too long I’m like its gone! haha I have lost my bag twice but luckily its been found and the airline have delivered it the next day.

  3. Travel insurance is something that I now value. Thank you for the helpful tips to help make the process of finding a proper insurance easier.

    • I think the older I get the more I value it. A few years I was like, I don’t need it!! I’m glad you found the post helpful.

  4. I think after the ‘rona travellers will be more cautious and purchase travel insurance before their trip! I’m guilty of “forgetting” to get it sometimes, but if I get to travel in the near future, I will for sure be looking for one!

    • I 100% agree with you! I am sure after the hassle some people have been through with rona they will want travel insurance from here on out!


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