Whether or not you need travel insurance depends on several factors, including your personal circumstances, the nature of your trip, and your risk tolerance. Consider where you’re travelling and the type of trip you’re embarking on. For example, if you’re heading to a remote or adventurous destination, participating in high-risk activities, or planning an expensive holiday, travel insurance might be essential. It’s also important to think about the level of health coverage you’d need, as well as the potential risks of trip cancellations, interruptions, or issues like lost or delayed baggage.

In the event of a medical emergency or a natural disaster, travel insurance can cover emergency medical evacuation and repatriation to your home country. It can also protect you if your travel provider, such as an airline or tour operator, goes bankrupt, covering the cost of rescheduling flights or accommodation. Some policies include personal liability coverage, which can be useful if you accidentally injure someone or damage property while travelling. If you plan to rent a car, travel insurance with rental car coverage could be beneficial.

Ultimately, many travellers choose travel insurance for peace of mind and to minimise financial risks. Weighing the cost versus the potential benefit can help you decide whether it’s worth it for your trip.