We already know the answer to the question “do you really need travel insurance?,” because we all know travel insurance is a must, regardless of whether you’re on an important business trip or, you’re planning a much needed family holiday to the coast.
You see, it doesn’t matter if you’re a few hours away from home or halfway around the world, having your belongings, and yourself, insured won’t only put your mind at ease – allowing you to enjoy your holiday or business trip – it’ll save you from having to fork out unnecessary large amounts of money to fix a damaged laptop or replace a stolen camera.
Now that you know you need a travel insurance policy, here are five tips to help you choose an insurance plan to suit your pocket and your trip:
ARE ALL YOUR DESTINATIONS COVERED UNDER YOUR INSURANCE PLAN?
Destined for London but have a stopover in Dubai? Make sure your insurance covers your stopover too. Most travel policies cover the entire duration of your trip. However, some policies might not include multiple destinations including stops for connecting flights, or on-route stops for car travel.
DOES YOUR INSURANCE COVER INCLUDE MEDICAL?
Did you know some travel policies include medical cover for you and your family? Make sure you check what is covered and who is covered. Also, check the limitations of your cover, as some illnesses, conditions and medical treatments are excluded.
HAVE ANY CIRCUMSTANCES, ITEMS OR EVENTS BEEN EXCLUDED IN YOUR TRAVEL POLICY?
Some insurance policies exclude things such as coverage for loss of belongings if they’ve been left unattended, extreme sports and even some medical conditions. Checking your insurance coverage before setting out on your big adventure or important trip is recommended because you should be in the know when it comes to what you and your family are covered for.
ARE ALL YOUR PERSONAL BELONGINGS COVERED?
Some travel policies put a limit on baggage coverage and which personal belongings are covered. Make sure you choose an insurance policy with suitable coverage for your belongings, or a policy with the option to increase the coverage on your personal belongings.
WILL CANCELLATIONS BE COVERED IN YOUR INSURANCE POLICY?
Trips don’t always go as planned, which is why this cover is so handy. This part of a travel insurance policy makes sure that you won’t suffer a complete loss should your trip not go as planned or there is a cancellation. You can claim back for money spent on plane tickets, booking accommodation, tours and even car hires.
Reading and making sure you understand your travel insurance policy may seem like a lot of admin and a boring task, but it’s a good idea if you want to make sure you’re getting the cover you need and getting value for money.