5 Simple Tips To Consider While Choosing The Right Travel Insurance

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5 Simple Tips To Consider While Choosing The Right Travel Insurance

The number of travel insurance claims is increasing. And the latest numbers from the Association of British Insurers show that in the UK, one claim is made every minute, all year long. But, according to ABTA, as many as two out of five people go on vacation without the right travel insurance.

It’s easy to forget, especially if you just got a great deal at the last minute, but it’s very important. We talked to the people at Allianz Assistance insurance to find out their best travel insurance tips. And we’ve put together a 5-step plan to help you choose the right policy.

Fix the basics

As a rule, insurance companies give you 14 days to change your mind. This gives you time to look over the basics of your policy and ensure everything related to your trip is covered:

Most of us think that medical coverage is the most important part of any coverage. We all want to know that we’ll be okay if we get sick in a far-off country. Watchdog for consumers Which? says that you should look for a policy covering medical costs for at least £2 million in Europe and at least £5 million worldwide.

Look for extra coverage in your policy. 

Some insurance companies offer online or phone consultations with an NHS GP back home in the UK 24 hours a day, seven days a week, which is a great help.

Luggage and personal items: 

This is the third most common insurance claim that Allianz Assistance gets, and there are two important things to remember. At the very least, a good one will cover at least £1,500. Second, check the restriction for a claim on a single item. Cheap policies, especially those you can find on sites that compare prices, tend to set this limit pretty low.

Since more and more low-cost airlines are making you put your carry-on luggage in the hold instead of the overhead lockers. Your insurance may not cover you if something breaks. Some insurance policies cover the damage. If the item is on your person, read the small print before giving away your valuables.

Excess: 

Generally, the higher the excess, the cheaper the policy. So, if your policy’s excess is set at £200 and you file a claim for £300. The insurance company will only pay you £100. Again, many insurers, especially those on price-comparison sites, usually set the surplus at around £200, so check this carefully before you sign up.

Policy on cancellation: 

According to Allianz Assistance, cancellation is the most common reason for an insurance claim. It’s bad enough to cancel or shorten a trip, but it’s even worse to be out of money. Check how much you’ve paid per person for your trip, and make sure you buy a policy that covers the right amount, including any trips you’ve already paid for and planned. Your policy should also cover the cost of obtaining your home if you cut your trip short or miss a connection because of something out of your control.

Cover yourself if you must cancel your trip at the last minute. And always consider getting travel insurance when booking your trip. People must cancel their vacations because of a sudden injury, illness, jury duty, or break-in. Still, one out of five of us only buys it before going on a trip.

Annual or one-time trip?

Do you want to take at least three trips in the next year? If you buy an annual policy, you’ll probably save some money. Check how many days you’re covered for the most on each trip. Many policies restrict the number of days you’re covered, sometimes to as few as 21. If you’re going backpacking, we suggest getting a specific travel insurance plan for backpackers.

Ensure that your destination is insured.

You’ll find that worldwide policies don’t always cover the US and the Caribbean. But European policies usually cover African countries like Egypt and Morocco. This is something to remember if you’re going to more than one place or getting an annual policy.

Read before you drive.

If you think being active while on vacation is swimming around the pool to get to the swim-up bar, you don’t need to worry about this. If you like to move around and try new things, you should consider what activities you can do while traveling that will still be covered by your insurance. Some policies automatically cover bungee jumping and kitesurfing, but horseback riding and skiing are usually considered more dangerous and cost more.

Check for ways to avoid travel insurance claims.

Travel insurance can assure you that your flights or trip will be paid for if an airline or travel company leaves the business. Check your policy to see what will happen if the air carrier or travel agent fails because this isn’t always covered. No matter which insurance company and policy you choose, we suggest keeping paper and digital duplicates of your insurance documents and any emergency contact numbers so you can always get the information you need when you’re away. hope this help to avoid travel insurance claims

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