Travel insurance is not just important for missed flights, but terror attacks too.
I have a few trips lined up in the months ahead, and I am – for the first time – carefully mulling over a couple of options in terms of travel insurance policies. I used to assess whichever travel insurance I wanted simply by looking at the price. Cheap is good. The more discounts or freebies there is, the better. (How very Singaporean, I know.)
Travel insurance always seems to me like sunk cost for a sense of reassurance for that few days of being away from home. Buying one still goes without saying though, because I don’t want to be caught in unfamiliar territory or without a safety net if, for instance, my flight is cancelled or if my luggage gets lost. I just tend not to give these policies much thought.
This mindset is probably because I’ve not yet experienced the need to activate any travel policy I bought so far, quite fortunately. The closest was about a year ago, when I nearly missed a connecting flight from Stockholm to Singapore due to a huge delay with the first.
Thankfully I made the flight back home, though not before hopping on and off specially arranged buses and sprinting through the airport to get to the plane, and then walking past angry glares from passengers who were all buckled up and ready to go, to get to my seat.
But back to the point I was trying to make: Having a good travel insurance is important, especially given the volatile world we live in today.
These days, it seems, beyond just flight changes and missing bags, the bigger and more significant worry relates to terrorism and terror attacks. Indeed, this threat has always been there, but it has gathered pace in recent years, and today, it is magnified, dangerously rampant, and all too real.