Travel Insurance Is Not One-Size-Fits-All

Many people mistakenly believe that travel insurance comes in just one package – but that is not the case at all. It has become all too easy to visit a comparison website and just pick the cheapest policy that comes up, without looking any deeper.  You have travel insurance so you’re covered, right? Well, maybe, but is it the right cover for your needs…

The cheapest policy may not be the best one for you.  In order to offer that cheap price the levels of cover may have been cut somewhere, perhaps just where you need it – but you are unlikely to find out until something goes wrong.   There may have been an increase in the excess (deductible) – the amount you have to pay towards a claim. Arguably, the most important aspect of travel insurance is for medical expenses, which should include medical repatriation (to transport you home) by air ambulance – especially if you plan to travel to far-flung parts of the world – so always check.

There are many different types of insurance, levels of cover, and options to pick and choose from.  There is no point paying for cover that you are unlikely to need so it is worthwhile spending some time to choose the right policy for your needs.  The less you spend on boring things like insurance the more you will have left in your holiday budget for the fun things!

Single Trip insurance is the obvious choice for those who plan to take just one trip in a year.  Annual Multi-trip insurance is the cost-effective choice for people who travel frequently, or who are unsure of their travel plans but will probably take more than one trip in a year.

Other types of policies include Ski/Snowboard Insurance (winter sports), Backpacker, Seniors, … Read More