Many people take a holiday to relax – to trade the daily pressures and stresses of life for a cocktail or two on the beach. But whatever you choose to do on your holidays, you’ll have no chance of being completely worry-free unless you take out adequate travel insurance. Considering how cheap travel insurance can be, the peace of mind it brings shouldn’t be considered a luxury – and if you do end up needing medical assistance it could save you thousands in medical bills.
The first thing to do when searching for travel insurance is to make sure you’re looking for the right type. If you are only likely to need travel insurance for one trip over the next year then single trip travel insurance will be sufficient. If, however, you’ll be taking more than one trip then getting annual multi-trip travel insurance will be much more cost-effective – you can get basic cover for a family for under £40.
Travellers taking one really long trip – perhaps backpacking across Europe for example – will find that long trip travel insurance would be best. If your holiday will involve winter sports such as skiing or snow boarding you will need to add this coverage to any policy because of the extra risks involved.
While you can easily find really cheap travel insurance you’ll probably find that it doesn’t actually cover very much other than medical costs. That might be just fine for you, but if you want extra cover – to protect your baggage for example – you may need to pay extra. On the other hand, you might not be so keen to dish out extra for protecting your travel plans against volcanic ash.
As with any type of insurance, it’s important you read the policy thoroughly so you know exactly what you’re covered for. Look out for significant exclusions – for example, many policies reduce the amount they’ll pay out for pool or beachside thefts. It’s also worth pointing out that you usually won’t be covered for accidents caused directly or indirectly by alcohol.
The key to finding the best value travel insurance is to make sure you only pay for what you need. Some people find that starting with a low priced, simple plan and adding only the elements you need to create the perfect policy is the best way of finding the cheapest policy. Taking out travel insurance is not only pretty cheap, it’s also quick and simple – you can do everything online in a matter of minutes, leaving you to get back to looking forward to your holiday.