As the world becomes more unpredictable, global travelers are forced to consider a variety of threats — from health concerns to terrorism to extreme weather. Despite the increased risk, travelers are still keen on exploring the world. This is due in large part to the fact that travelers have access to a wealth of information and a heightened sense of awareness of the dangers they may face abroad.

Travelers are also arming themselves with protection through services like travel insurance. While many people opt to purchase travel insurance to protect themselves from flight or trip cancellations, today, travel insurance can have an even more profound impact on a traveler’s trip beyond cancellations. Here are several reasons travel insurance is necessary for modern travelers.

Travel insurance helps travelers feel safe in an unfamiliar place.

Traveling abroad to a foreign location is always exciting. But when things go awry in a country where someone doesn’t know the language and has no one to turn to, an exciting trip can quickly turn scary. Travel insurance can often remedy this with features such as 24-hour hotline assistance. Insurance providers such as Allianz Global Assistance offer customers 24-hour access to agents that can help with everything from medical emergencies to directions to the nearest embassy. With 24-hour access to assistance, travelers never have to feel alone or question whether they should visit an area they’re unfamiliar with.

Travel insurance can give travelers peace of mind.

Getting sick, losing luggage, or having a flight delayed while on the trip of a lifetime is never an enjoyable moment. And while travel insurance won’t help undo the suffering at the moment, it can prevent headaches for travelers down the road. Features like trip cancellation protection and travel delay reimbursements ensure travelers aren’t financially impacted long-term if they experience an unforeseen mishap during their trip.

Travel insurance helps ensure the long-term stability and growth of the travel industry.

Travel insurance helps keep travelers traveling. In a world of global geopolitical uncertainty, travel insurance can also give travelers the peace of mind and confidence to explore the world more fearlessly. Partnerships between travel insurance providers and influential travel brands are necessary to ensure travelers are protected and educated. The less travelers have to worry about, the more likely they’ll be able to enjoy their trips, make future bookings, and, in turn, secure the industry’s continued growth.