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Understanding the risks of travel without insurance
Traveling is often an exciting adventure, but it can also come with unexpected risks. Recently, two women, Katrine Sinclair and Charlie Lastowsky, experienced a life-altering incident when they were struck by a vehicle while crossing a street in Las Vegas.
This unfortunate event has highlighted the critical need for adequate travel insurance, especially for young adults who may underestimate the potential dangers of their journeys.
After the accident on April 19th, both women were rushed to the hospital, facing medical bills that could exceed $350,000.
This staggering amount serves as a wake-up call for many travelers who often neglect to secure proper insurance coverage. Sinclair’s mother, Roberta, expressed her concern, noting that her daughter had aged out of her insurance just on the day of the crash.
This situation underscores the importance of understanding your insurance needs before embarking on any trip.
Why young adults often skip travel insurance
Many young adults believe they are invincible, leading them to overlook the necessity of travel insurance. According to Megan Douglas, senior vice-president at Saskatchewan Blue Cross, most Canadian travelers do not purchase travel insurance for trips within Canada or to the United States.
This is a risky oversight, especially when traveling in areas known for high medical costs.
Douglas emphasizes that having the right insurance can provide peace of mind, allowing travelers to enjoy their adventures without the looming fear of financial ruin in case of an emergency.
The reality is that accidents can happen anywhere, and being unprepared can lead to devastating consequences.
What to consider when choosing travel insurance
When selecting travel insurance, it is crucial to do thorough research. Not all insurance policies are created equal, and understanding the specifics of what each plan covers can save you from significant financial burdens later.
Janine Anderson, senior director of Saskatchewan no-fault injury claims, advises travelers to look beyond their default insurance options. While SGI’s No Fault Insurance provides some coverage for injuries sustained in collisions, it may not be sufficient for all medical needs, especially when traveling outside of Saskatchewan.
Travelers should consider additional medical and travel insurance to ensure they are fully protected. This includes coverage for ambulance services, hospital stays, and even travel expenses to return home. The cost of insurance is a small price to pay compared to the potential financial devastation of an unexpected accident.
Community support in times of crisis
In light of the significant medical expenses faced by Sinclair and Lastowsky, a GoFundMe campaign was launched to help alleviate their financial burden. As of April 24, the campaign has raised over $80,000, showcasing the power of community support during difficult times. This incident serves as a reminder that while we may not always be able to predict the future, we can prepare for it by securing the right insurance and leaning on our communities when needed.
