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Everything there is to know about travel insurance


Secured your time off work? Check. Packed your bags? Check. Got your passport? Check. While there are many things that we need to do before we jet off across the world, there is one that can slip many people’s minds: travel insurance. Here’s everything there is to know about travel insurance to show why you should never forget it again.

Check your insurance

Did you know that you could already have travel insurance? Some banks offer up cover for people paying in over a certain amount each month, while others could have already booked a long-term plan and still be within the timeframe without even realizing. You could end up paying out more than you need by mistake. Plus, it might be time to check your existing policies to ensure you are getting all the benefits from your plan.

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Make sure it’s real

This might sound like a simple one, but it’s essential to find out that you are buying a legitimate travel insurance plan before it’s too late. There is a lot of difference between protection and insurance, and sometimes, it can be tough to spot the difference. Thankfully, many travel agents are vigilant when it comes to the services they offer. However, if an offer seems too good to be true, then it probably is. An online search for reviews of a company can be one way to see if you’re getting the deal of a lifetime.

Time your insurance

One of the most important things to consider when booking your travel insurance is choosing your time. Many of us wait until a few days before our trip to purchase cover. However, it’s best to get your self insured from the moment you pay a deposit on your vacation. This is to make sure that you are repaid your money in case it is canceled. Plus, some travel companies need medical results – especially for people with preexisting conditions – which can take weeks to clear.

Read the fine print

They say that you should never sign anything before you’ve read it thoroughly, and the same goes for handing over any money. Many of us typically skip the small print, but this is where the exclusions and limitations part of the policy is found. It’s best to find out what you are covered for and what is excluded from the policy before you find yourself needing to make a claim only to discover that it was excluded in the small print.

Photo: Unsplash.com

Read the fine print

They say that you should never sign anything before you’ve read it thoroughly, and the same goes for handing over any money. Many of us typically skip the small print, but this is where the exclusions and limitations part of the policy is found. It’s best to find out what you are covered for and what is excluded from the policy before you find yourself needing to make a claim only to discover that it was excluded in the small print.

Consider what you need

What is the most important part of travel insurance to you and your needs? Maybe you want to make sure that your valuables are covered or you can partake in extreme sports without any added worry? Whatever the case, it’s best to factor these into your search. This can also be a time to see what your policy offers. Some travel insurance policies will only payout for lost bags if they are missing for 24 hours while others might exclude all variations of sport from their insurance.

Buying travel insurance doesn’t have to be as scary as it first seems. In fact, it might not be long before it becomes a part of your usual vacation checklist. Just be sure to read all the fine print before you hand over the money to ensure that you’re getting the best deal for your vacation – before it’s too late.