Is Travel Insurance Worth It For Students?
person wearing gray backpack
Photo by Nik Shuliahin 💛💙 on Unsplash

Is Travel Insurance Worth It For Students?

Zoe Kramer March 14, 2023

When you’re traveling on a budget, and you’ve already spent money on plane or rail tickets and accommodation, the last thing you’re inclined to do is to spend more. However, sometimes unexpected events can put a wrench in your travel plans, and an emergency, stolen items or schedule changes get in your way. That’s where travel insurance comes in to reschedule or rearrange your plans without being out the funds. It never hurts to be prepared, but is travel insurance worth it for students? Here is how to tell when it is and when it isn’t.

Photo by Suhyeon Choi on Unsplash

See also: Student Must Haves For Hostel Stays

Are You Traveling Internationally?

Your travel destination can have a major impact on whether travel insurance is worth the cost. If you’re doing a local trip or road trip, for example, travel insurance will be less likely to come in handy. If you’re traveling internationally, however, you are likely incurring more costs and introducing more risk factors. As a result, travel insurance can be useful for this type of holiday.

How Long Are You Traveling For?

Another determining factor when deciding if travel insurance is worth it is the length of your trip. If you’re only traveling for a day or two, it may not be necessary. If you’re doing a longer trip that involves a week or two weeks of travel, there is more likelihood you could run into trouble along the way. So, travel insurance might be a good idea to put your mind at ease.

Does Your Destination Require Medical Coverage?

Travel insurance plans usually involve medical coverage in case of illness or injury abroad. Depending on your destination, you may be entering a country that requires you to be covered for the duration of your stay. If that is the case, travel insurance can be a good idea. Even if the country you’re traveling in doesn’t specifically require it, it can be a good idea to be covered, especially if you have a pre-existing medical condition.

What Plan Are You Considering?

Not all travel insurance is the same deal. Rates vary from company to company, but normally it will cost about a third of what you paid for your trip. Companies also offer a range of different plans that cover varying aspects of your journey. Take a look at the limits for claims you can make on medical costs and lost possessions, and ensure the cancellation cover is at least equivalent to what you’re spending on the trip.

See also: What Railcards Are Available To Students?

Have something to tell us about this article?
Let us know
Zoe Kramer is a full-time staff writer on Freshered. She graduated from Cardiff University in 2022 with a BA in Journalism, Media and English Literature. During her time in university, she worked for her student newspaper as well as completing an internship with a book publisher. She has also written and continues to write book and theatre reviews. She is excited to now be pursuing a career as a journalist and learning something new every day. In particular, she loves writing about student life, books, the Internet, and travel. Originally from the United States, she is enjoying living abroad in the UK.