Why I love travel insurance


Why I love travel insurance

Every person loves to take a vacation far from home once in awhile. They will spend days packing their bags and making sure all of their travel tickets are in order. There is one thing that all travelers should consider buying and that is travel insurance.

Benefits of Travel Insurance

  • Travel insurance will pay to replace your baggage in case it is lost or stolen. Make sure to check for any restrictions that may apply.
  • If you ever get hurt while traveling you will have coverage. After all you do not want to have to pay out-of-network expenses.
  • Cancelation of Trip benefit reimburses your funds in case your trip ever gets canceled.
  • Legal costs are provided in some cases if you end up in some kind of lawsuit.
  • Sometimes the policy will also pay for a hospital stay and even transportation to the facility.

You do not want to get to your destination only to hear that your luggage ended up in some other country. Travel insurance will give you the peace of mind that you are covered in case your trip is disturbed by outside forces. Find out all you can about travel insurance before you buy a policy so you can find the right one for your trip.

Why I Love Disability Insurance

Disability insurance is one of those provisions that you just know you will never need, but you buy it any why. As I neared retirement I had to have surgery, and this surgery would not allow me to continue in the career job I had been into for over 35 years.

I had five years before retirement and still had a mortgage on my home for at least ten more years.
When I took out my mortgage 20 years ago, I had purchased a mortgage insurance policy for my house. This insurance is now paying my monthly mortgage payments. I never felt that me of all people need this kind of coverage. To tell you the truth it was a wise decision on my part. No one can foresee what is going to happen in the future.

Fortunately for me my employee disability insurance is paying me 60 percent of my baseline wages per month. Some policies may differ sightly, but this what my policy paid. This helped me a great deal when I added it to my wife’s income.

I applied for Social Security Disability and was awarded full retirement. Along with my mortgage insurance, my wife and I are going to be all right. I highly recommend disability insurance. You never know what the future holds, so it is best to be protected. You may be sorry if you do not take the proper steps to secure your future with disability insurance.