Is Travel Insurance Worth It?

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… And Unexpected Travel Expenses Can Be Very Costly

Fixing travel troubles can be very hard – and very expensive. Let’s look at the potential costs, and how travel insurance can help.

1. Medical Emergencies

Potential costs: Hundreds of thousands of dollars

Not all medical plans will cover you when you travel overseas. Medicare won’t.

If you have a medical emergency when you’re traveling, you could be faced with thousands of dollars of bills that you have to pay on the spot.

Potential cost versus insurance cost graphic

What Travel Insurance Can Do:

Travel insurance can help pay hospital and doctor bills if you get sick or injured when you’re on the road.

What’s more, Berkshire Hathaway Travel Protection has experts at dealing with overseas medical emergencies. They know how things work and who needs to be paid when.

They literally speak the language.

2. Medical Evacuation

Potential costs: Well over $100,000 or more in emergency evacuation and transport to a medical facility

If you have an accident or become seriously ill, a simple medical evacuation from a close, relatively accessible destination like Canada can cost $20,000 or more.

A complex evacuation from a more remote destination or off a cruise ship could break your retirement account or drain your home-equity line of credit – and medevac firms typically won’t arrange transport without upfront payment. That’s where your travel insurance plan kicks in.Medical helicopter performing evacuation graphic

What Travel Insurance Can Do:

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.

And because travel insurance companies do this sort of thing all the time, they’re very good at it.

That’s why the U.S. State Department explicitly states, “You should strongly consider purchasing evacuation insurance.” (Source:

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