Tips for Buying Travel Insurance?

by Jonathan Cogley

Today, to many people, it has become easy to travel different destinations due to decrease in airlines fare prices. Suppose, when you travel abroad, what can give you protection against any accident or illness?. Something that can help you in such a situation is Travel Insurance.

Travel insurance is a cover that is intended to cover medical expenses, money loss, repatriation, risks you might face in your trip, loss of luggage and passport and other losses incurred while traveling, either within one’s own country, or internationally.

Many people commit mistakes when buying travel insurance by just signing up the application for the insurance package offered by the travel agent/tour operator or buying through a no-frills airline website. In this way if you purchased, it not risks you in spending over the odds but also it doesn’t provide adequate cover and isn’t best suited to your needs.

Below are some of the tips that will help you to buy the correct travel insurance plan.

  • First, check all your current insurance policies and call the travel agent whether these policies may help you for traveling abroad.
  • Do not buy travel insurance until the last day of your trip because at last moments an emergency might occur and it is better to be prepared for such eventualities.
  • Your type and size of insurance will also depend on the destination place you choose. Based on your destination, select the insurance covers.
  • While comparing travel insurance policies, make sure that you not only compare the prices, but also compare the benefits, exclusions etc.
  • Apart from the normal coverage provided by travel insurance, check availability of different covers such as terrorism cover, hijack distress allowance.
  • Before signing for the insurance policy, make sure that carefully read all the documents and clarify all your doubts with the travel agent who provides you the policy.

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