By Yemisi Suleiman

As summer travel picks up, many Nigerians are jetting off for vacations, shopping trips, or family visits abroad. But while booking flights and securing visas top most checklists, travel insurance is often overlooked, and that can be a costly mistake.

What is Travel Insurance?
Travel insurance is a type of coverage designed to protect travelers from financial losses and unforeseen events that may occur before or during their trip. These events can include trip cancellations, medical emergencies, lost luggage, flight delays, and more. Essentially, travel insurance acts as a safety net, allowing you to enjoy your holiday without worrying about potential mishaps.

Several reputable insurance companies and travel agencies in Nigeria offer travel insurance plans tailored for international travelers. Additionally, many airlines and online platforms provide easy access to travel insurance during the booking process. Ensure you choose a licensed provider with good customer reviews and reliable claim processes.
Here is all you should know and why you should consider travel insurance this summer.

1. Medical Emergencies Abroad:
   Healthcare costs in many countries can be exorbitant, especially if you require emergency treatment or hospitalisation. Travel insurance often covers medical expenses, including doctor visits, hospital stays, and emergency medical evacuation. If you’re traveling to countries with high medical costs, this coverage is invaluable.
2. Trip Cancellations and Interruptions:
   Unexpected events such as illness, family emergencies, or travel restrictions can force you to cancel or cut short your trip. Travel insurance can reimburse non-refundable expenses like flight tickets, hotel bookings, and tour packages, helping you avoid significant financial losses.
3. Lost or Delayed Luggage:
   Losing your luggage or having it delayed can be stressful and inconvenient. Many travel insurance policies provide compensation for lost, stolen, or delayed baggage, allowing you to replace essential items without breaking the bank.
4. Flight Delays and Missed Connections:
   Summer holidays often mean busy airports and unpredictable weather, which can lead to flight delays or missed connections. Travel insurance can cover additional accommodation and transportation costs incurred due to such delays.

Key Coverage to Look For

When choosing a travel insurance policy, you should pay attention to the following coverages:

-Medical Coverage: Ensure the policy covers emergency medical treatment and evacuation.

• Trip Cancellation/Interruption: Look for reimbursement options for non-refundable trip costs.
  -Baggage Protection: Check the limits for lost or delayed luggage compensation.
  -Personal Liability: Covers damages or injuries you may cause to others during your trip.
  -24/7 Assistance Services: Access to emergency help anytime, anywhere.

Tips to Note :
-Compare Policies: Don’t settle for the first policy you find. Compare coverage options, exclusions, and premiums from different providers.

-Understand the package: Understand what is covered and what is excluded. Some policies may not cover pre-existing medical conditions or high-risk activities.

-Buy Early: Purchase your travel insurance soon after booking your trip to maximise coverage, especially for trip cancellations.
Finally, save all receipts, medical reports, and communication related to any claims you may need to make.