While Travel Insurance is not a legal requirement in Ireland unlike car insurance, but that doesn’t make it any less important. With the rise in the number of Irish people regularly leaving the country on holidays, business trips & even emigrating, it is crucial that you have a good travel insurance policy in place. Many people view travel insurance as an unnecessary expense but that couldn’t be further from the truth. Market research has shown that people are more likely to buy a travel insurance policy after hearing about other people’s misfortune when abroad.
And with good reason too, if you had an accident in abroad, the medical bills can put a big dent in your wallet. What can start out as a happy holiday away can leave families financial crippled. For example, a week-long stay in a European hospital could cost you up to €10,000 while similar stay in a U.S hospital can be several times more.
Aside from medical expenses, there are many other benefits to travel insurance too. Baggage is another important cover. While we never expect anything to happen when we travel abroad, we are without a doubt more vulnerable in other countries. It is important for you to have adequate travel insurance cover when you travel away with expansive jewellery, electronic or camera equipment, clothes, shoes etc. Thieves have many ways in which they target tourists, whether it by breaking into your accommodation, hijacking your transport or assaulting you in the street. In addition, airlines are also known to occasionally misplace their passengers’ belongings. The baggage cover in your insurance policy may also extend for additional covers, such as mislaid passport & delayed baggage. To help reduce the worry when you are abroad, it is best to get a travel insurance policy with baggage cover to meet all of your needs.
Another important consideration when taking out travel insurance cover is the cancellation section. The majority of trips we book, are booked months in advance of our intended travel date. While this gives us something to look forward to, it can also leave us exposed as something could go wrong in the meantime. That may be in the form of illness or death of a close relative. Travel insurance gives you the peace of mind that are protected should something get in the way of your travel plans.
Do I need travel insurance when traveling in Ireland?
While traveling around Ireland has its advantages, it’s not without its own risks too. Most people associate travel insurance with traveling abroad and rightly so, however, it is easy to forget that certain instances are just as likely to happen while traveling at home in Ireland. You are still likely to need to cancel a trip in the case of emergency. Your accommodation can still be broken into and your possessions stolen, and your transport provider may still go on strike and ruin your plans. I mention these instances with caution though, as the cover for traveling in Ireland can vary greatly from provider to provider. Some providers have a really good plan while others may exclude traveling in Ireland altogether.
Be aware that most travel insurers will not cover medical expenses in Ireland as this is likely to be relatively cheap or maybe even be covered on your health insurance. There is often a limit on the number of nights you have booked in Ireland in order for cover to apply, for example the policy may say that you need to have a minimum of two or three nights pre booked accommodation. There may also be restrictions on the type of accommodation you have booked, for instance it might only apply if you are staying in a hotel or B&B. If in doubt, it is best to check with your travel insurance provider.