Archive for the ‘Flight Insurance’ Category
Flight Insurance: Is it Worth it?
If you’re about to go on a trip, you may be asking yourself if you should look into getting some insurance. There are many different types of insurance that can help to cover you while you’re traveling, one of which is flight insurance. Flight insurance covers you in the event that a plane you’re on crashes and you sustain injuries. But the real question is, is it worth paying for?
You’re online, purchasing your airline tickets, and you’re prompted with a question: Do you want to purchase flight insurance? You might not know what to do, and the best piece of advice we can offer is to not purchase any type of insurance impulsively. Sure, flight insurance isn’t incredibly expensive—most of the time it’ll run you $25 or so. But is even that small price really worth what you’re getting?
Before you hit the “buy” button, it’s important to know what you’re getting out of the deal. Most commonly, flight insurance will only cover you in the event of being injured during a plane accident. Rarely, some flight insurance policies will also cover you in the event of a canceled or delayed flight. Make sure that you understand what your particular flight insurance policy covers so that you can better determine if it’s going to be worth the extra money.
The truth of the matter is that air travel is quite safe. The chances that you’ll be cashing in that flight insurance policy are very, very slim. However, $25 is a small price for a big return, if something does happen. After you’ve done your fair share of research, compare various policies by researching online insurance quotes. Then weigh out the pros and cons of the situation to decide if purchasing flight insurance will be a good idea for your specific situation.