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 Travel insurance is not a nice to have or something to be forgotten when booking a holiday, in fact it’s just as important as making sure you have some currency. Some may say that it is expensive, but it doesn’t have to be. It’s simply about finding the right policy for you and avoiding being sucked into unnecessary upgrades. Travel insurance is taken out to cover the cost of any unforeseen events that may occur whilst you’re on holiday, such as medical bills if you become ill, cancellation of flights and even lost/stolen luggage.

If you’re unsure about insurance, but want to make sure you’re getting the right policy for you, read our FAQs below for guidance:

  •   Why should I bother?

When you buy insurance it doesn’t necessarily mean that you’re going to use it, but insurance is there to cover the unexpected if the worst was to happen. So even if you do buy and don’t use it, don’t be disheartened but it could save you £1,000s if anything was to happen.

  •   When should you buy?

The main reason people get travel insurance is to cover them whilst they’re away, because of this they often leave it till last minute to buy the policy. One tip is that as soon as you’ve booked your holiday, get your insurance in order. This will then not only cover you whilst you’re away, but the insurance will actually cover you in the run up to your holiday in case you have to cancel the holiday for any reason.

  • Is all the insurance the same?

One thing to bear in mind is that not all of the travel policies are the same, it can take some time and some reading to find the best insurance for your particular situation. Be sure to think about where you’re travelling to, what activities will you be doing, will you be carrying large amounts of cash or even expensive belongings? It may also be worth checking different prices if you’re not travelling alone, is it cheaper to go on a couple’s policy, a family policy or an individual policy.

  •   I’m going away more than once, do I have to buy multiple policies?

If you’re going away more than once a year, maybe look to take an annual policy out. Not always, but the majority of the time you will find that if you’re going away more than once it will work out cheaper to get an annual policy. Always do the math’s as it can depend on where you’re going, how long for and if you have any illnesses.

  •   Am I covered?

Be sure to double check that you’re not already covered. Many bank accounts which charge you a monthly fee actually have additional benefits like travel insurance included, so you wouldn’t need to get it again. However, make sure you read the terms and conditions to ensure you’re fully covered for your holiday.

  •   Does age affect the price?

Age does unfortunately affect the price of travel insurance, so if you are older or there is an older person travelling in the group, it may be best to get a separate policy from a specialist insurer. The reason for this is because the older generation are considered a higher risk and so the prices rise.

  •   I have medical conditions but it’s increasing the price, can I just not declare it?

It is really important that if you do have any medical conditions that you do declare these, although not declaring can make the initial cost cheaper it can make it more expensive in the long run. If you have medical conditions that you don’t declare and something unforeseen happens your policy can actually be made void for containing false information.

  •   Is there any way to get the insurance cheaper?

There are many different ways to get travel insurance and it’s making sure you use the savviest option. If you want to be savvy, compare prices from a variety of sources to make sure you get the right price. Remember it is a slim chance that you’ll make a claim, so don’t be tricked into upgrading for no reason. Finally, make sure you use comparison sites to get the best prices and even use cash back sites such as Quidco

 

 

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