VISA TRAVEL HEALTH INSURANCE FOR AUSTRIA
Travel insurance is worth the investment for its potential to help reimburse you for hundreds of thousands of Euro of covered travel-related expenses like emergency evacuation, medical bills, and costs related to trip cancellation and interruption.
Travel mishaps are surprisingly common. For instance, each year:
- More than 22 million bags are mishandled
- More than 300,000 flights are cancelled
- More than 6,000,000 flights are delayed
This does not include the thousands of medical emergencies, evacuations, trip cancellations, and trip interruptions that befall travelers every year.
POTENTIAL RISKS AND COSTS
Medical Emergencies
Potential costs: Hundreds of thousands of Euro
If you have a medical emergency when you are traveling, you could be faced with thousands of Euro of bills that you have to pay on the spot.
Travel insurance can help pay hospital and doctor bills if you get sick or injured when you’re on the road.
Medical Evacuation
Potential costs: Well over € 50,000 in emergency evacuation and transport to a medical facility
If you have an accident or become seriously ill, a simple medical evacuation can cost € 20,000 or more. A complex evacuation from a more remote destination or off a mountain could break your retirement account or drain your bank account.
Travel insurance can pay much of the cost of an emergency medical evacuation including the upfront costs usually required by the evacuation companies. In addition, it can also help arrange transport – not only for the patient, but also for a traveling companion.
Trip cancellation
Potential costs: Full cost of trip
That feeling of elation after you’ve booked your dream vacation can quickly fade when an unexpected emergency forces you to cancel your trip. A child’s illness, parent’s surgery, or a work emergency is traumatic enough without the prospect of losing everything you’d paid up-front for your vacation.
Travel insurance can reimburse you for any nonrefundable trip costs you’ve already paid if you have to cancel your trip for a covered reason. This lets you reschedule your dream vacation instead of watching it fly out the window … along with all the money you’d paid in advance.
Trip interruption
Potential costs: The remaining costs of your trip plus return airfare and lodging
Having to interrupt your trip and return home can be a complex, painful, and expensive process. Also bear in mind that trip interruption or cancellation, flight delays, lost or stolen luggage, and other unexpected travel costs can add up.
Travel insurance can help reimburse you for any unused, nonrefundable trip costs you’ve already paid for. In addition, the policy may even pay for a return flight home.
Lost luggage & lost documents
Potential costs: Replacement clothes, toiletries, and new luggage
Arriving at a destination without your luggage is an awful way to start a vacation. A lost or stolen passport can be a huge hassle when you’re traveling – not to mention the fears of identity theft and the fact that you can’t really go anywhere until you get a replacement.
Travel insurance can give you the nice, warm feeling that everything is going to be okay by helping you buy needed clothing, shoes, and toiletries. With travel insurance lending a helping hand, you can enjoy your first day of your vacation even without your luggage.
“It is good to know that travel insurance from Insurance-Austria will fully meet all Schengen visa requirements.”
Credit Card protection
Some people think the “travel protection” they have through their credit card is the same as travel insurance. Not necessarily.
However credit cards weren’t designed to protect vacations. The coverage that cards may include is generally not as extensive as a separate travel insurance plan and will not meet Schengen visa requirements. You should review the policy details to understand what you are being provided and, perhaps more importantly, not provided.
