What you should look out for before purchasing your travel insurance
With so many travel insurance policies available online, it can be hard to decipher which deal is the best for you, and what it is you should be looking out for before making your purchase.
A lot of questions run through your mind when it comes to booking your travel insurance; no policy is the same, they all offer different deals and you certainly need to be specific when choosing your cover. To make this process a little simpler, we’ve noted down what it is you should be considering before buying your travel insurance, and what to look out for when comparing deals online.
Have a thorough read through and ask yourself: “What does my policy cover?”
Although this seems like an obvious question to ask when booking your travel insurance, it’s easy to get carried away with cheap deals and forget what you will actually be paying for.
Be sure you read carefully what the travel insurance you are about to purchase covers before eagerly purchasing it. For instance, if you are looking to hire a quad bike or a motorbike when you are abroad, your insurance policy may not cover you in the case of an accident.
Take note beforehand what you want out of your insurance cover
Note down on a scrap piece of paper, a bullet pointed list of what you want your travel insurance policy to cover. This way, you have a reminder of what it is you actually need from the different travel insurance deals you come across on online comparison sites like ours.
Check for cover if you are delayed/miss your flight
One thing many people forget to watch out for when buying their travel insurance is their cover for a missed flight. Obviously, when going on holiday you expect that everything will run smoothly from the moment you arrive at the airport. However, public transport, motorway delays, and other factors can interfere with your expected arrival time at the airport, so it’s a good idea to cover yourself for any unexpected delays.
Check if your policy covers pre-existing medical conditions
Although skipping details about any current medical conditions you have may be easier, and cheaper to initially cover, it’s not going to benefit you in the long run if something goes wrong on your holiday. In fact, it’s crucial you tell your insurer any current or previous medical conditions, in order for you to receive the best cover available in the event that you fall ill abroad.
Don’t forget about excess costs
Covering your medical bills and possessions by increasing your excess cover is always going to benefit you in the long run, so be sure not to scrimp out on the extra cover just because other deals are slightly cheaper.
People tend to forget about the importance of baggage/luggage and flight cover when taking out travel insurance because the first thing that springs to mind when purchasing holiday cover is medical costs. Of course, medical cover is important, but so is being prepared for the unexpected, i.e. losing your luggage on your flight.
Think ahead – expect the unexpected. Will you live to regret not upping your excess cover if your possessions become lost or stolen? If the answer to that question is yes, then you know you need to choose a deal that offers higher coverage. If you lose luggage, for example, choosing more expensive cover will mean you get a good deal when having to replace valuable items.
Look out for the loopholes
Remember, not all your possessions will be covered by your insurer, so if this is something you expect out of your policy, read the details carefully. Most travel insurance policies don’t cover mobile’s for example, which means you need to cover this item separately through your phone company or an external insurer.
This should not be constructed as advice and is guidance only.