There are people who cannot be bothered by availing of travel insurance when going on trips as it is only added cost to their budget. However, here are some reasons why you should get one:
One very helpful reason to get travel insurance is to make sure that your baggage is covered. There are more than enough instances when airlines misplaces luggages, and there is delay in retrieving them. This kind of coverage in travel insurances also compensates you when you are unlucky enough to be a victim of thievery.
There are travel insurance which can help you get money when you cancel a trip, especially for reasons that are beyond your control such as an illness, or natural disasters, etc. Another scenario would be when your vacation or trip is suddenly interrupted by emergencies back home.
If you plan to get insurance via your tour operator, better to get an independent one so in any event that your operator disappears, you can still get your money.
Last but not the least, travel insuraces may also cover medical expenses. Make sure to get full medical insurance in case of emergency medical evacuation and repatriation in another country.