Is travel insurance mandatory?

Satunnainen

Travel insurance is not mandatory in Finland, but it is highly recommended. Travel insurance offers protection in a wide variety of situations that may occur to travelers abroad or at home. In this article, we discuss why travel insurance is important, what it covers, and when to get it.

Why is travel insurance important?

Travel insurance is important because it can save travelers from major financial losses and provide peace of mind. Various unexpected situations can happen on the trip, such as illnesses, accidents, lost luggage or trip cancellations. Without travel insurance, the costs of these situations can become considerably high.

What does travel insurance cover?

Travel insurance coverage varies by insurance company and insurance type, but in general it may include the following areas:

  • Travel sickness and accident insurance: Covers medical expenses, medicines and possible hospital expenses abroad.
  • Luggage insurance: Covers lost, stolen or damaged luggage.
  • Travel liability and legal protection insurance: Compensates damages and legal costs caused to a third party.
  • Trip cancellation insurance: Covers expenses caused by trip cancellation or interruption, for example due to illness.

When should you get travel insurance?

Travel insurance should be purchased immediately when booking a trip. In this way, you ensure that you are also protected against unexpected situations that occur before the trip, such as a trip canceled due to illness or an accident. In addition, it is good to check whether the travel insurance also covers domestic trips if you are planning a vacation in Finland.

Summary

Although travel insurance is not mandatory, it is highly recommended for all travelers. It offers comprehensive security in many situations and can save you from considerable financial losses. It makes sense to get travel insurance immediately when booking a trip, so that you are also protected against unexpected situations that occur before the trip.

You can read more information about travel insurance, for example, on Finanssiala.

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