Travel insurance hints and tips

It might not be the most exciting part of planning a holiday, but you need to make sure that the travel insurance you take out is right for you. Here are three things you need to think about.

1) Check the activity cover

Different types of insurance will cover different activities. If you are just going to be sitting on a beach for a few days then you will need less comprehensive cover than if you are heading off for a week of action sports. You need to be specific about what is covered. For instance, winter sports cover might cover your skiing but if you then decide to do a different extreme activity whilst away on the same trip, it might not be included. Some insurance providers won’t cover so-called hazardous activities at all, whilst others may just charge you a little extra.

2) Ensure your trip length is covered

If you are going away several times in a year, it often works out more cost effective to buy a whole year of travel insurance rather than taking out several insurances for each trip. However, be careful with this. Just because your travel insurance lasts for a year, it does not mean you can travel indefinitely within that year. Holiday insurances policies often cap the amount of time each trip can be for. For instance, you may be able to take multiple trips of up to 30 days in that year, but if any single trip lasts for more than 30 days, your insurance will be deemed invalid. If you are going away for a longer period of time, you need to find a travel insurance policy that specifically covers longer trips.

3) Look through the pay-out policy

You need to look through the fine print of any potential insurance to see what the pay-out policy is. For instance, how much excess will you have to pay on any claims? How long will claims take to be processed? If you’re heading to the continent, make sure you have your European Health Insurance Card with you too, otherwise you will have to fork out a hefty fee upfront for any medical costs and then reclaim them later.  Your EHIC is a great way to save you from these costs, saving you a phenomenal amount of money if you’re unlucky enough to need medical treatment abroad.