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How to take out travel insurance in 2023?


If you are traveling abroad, travel insurance is as important as a passport. Without this document, you or your family could suffer financially if something goes wrong in another country. Regardless of where you go, taking out travel insurance is one of the key factors.

To save time searching for the package you need, you can use the handy service at https://finance.ua/insurance/travel. Set up filters to choose the right option: destination, number of people and travel dates. You can also sort the offers by cost, based on the available budget.

Why you need health insurance for traveling abroad

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Travel insurance is especially important if you need medical attention in another country. Medical treatment abroad can be very expensive. Most countries will not give you free care or subsidize the cost. Medical situations covered by most policies:

Most policies also cover fractures. However, if you break your leg while skiing and your insurance does not include coverage for outdoor activities, you will not be covered. Be aware that hospitals in some countries will deny you medical care unless you pay upfront or provide your insurance details.

If you have a pre-existing medical condition, you need to notify your insurance company.

General tourist coverage: what cases the policy insures

According to the Law of Ukraine «On Tourism», travel insurance is mandatory for every trip abroad. The insured cases that will be covered depend on the chosen package of services:

Choose the right insurance for traveling abroad. Don’t just choose the policy that looks the cheapest at first glance. Make sure it covers what you need, because unforeseen circumstances abroad can cost you more.