How Travel Insurance Works

ign="center">of cash stolen so check the policy. And not that
Travel insurance can be quite flexible, covering youtravellers’ cheques are often regarded as
for every eventuality imaginable, or just for thecash under their terms.
barest minimum. One thing for sure though, if youOn top of that, consider covering specific items like
travel you must have it.photographic equipment or jewellry for example. You
One decision to make before anything else iscan put a value of between 200 and 500 pounds on
whether to buy a single trip policy or an annual policythose sorts of things.
which covers you for multiple trips a year. The latterOne thing that is easy to break or to lose altogether
could pay for itself if you hop over to Europe juston holiday is your specs, or your brand new
three times in the year. It’s easy. Once asunglasses. Make certain the full cost, bar the policy
year you arrange cover and then you don’texcess, is claimable if necessary.
have to think about it every time you go away.But above all else, travel insurance gives you peace
If you are lucky enough to be able to decide on aof mind in the event of a medical problem or
weekend in Paris on the spur of the moment, andemergency. Be upfront with the insurer if you have
maybe another in Madrid six weeks later, you shouldany existing medical conditions which might preclude
definitely go for an annual policy.you from taking out the policy. There are insurers
Then the next question: are you just going toaround which will cover certain medical problems.
Europe, or further afield, like to the States or theAs regards healthcare in Europe, if you have the new
other side of the world? The price for Europe onlyEuropean Health Insurance Card, which took the
will be a lot cheaper.place of the E 111, you might have your excess
Whichever you choose, check the policy detailswaived if you need treatment whilst over there.
carefully so you know what exactly you are coveredIt’s really annoying if you have to cancel or
for, and what is excluded. And whether they replacecut short a holiday due to illness, or the death of a
lost belongings on a ‘new for old’close family member. The right travel insurance policy
basis.will help soften the blow by paying compensation if
You are usually covered for loss or theft of luggagethat happens.
and personal possessions. But check the limit andLast but not least, most travel agents will offer you
make sure you are covered for 1,500 pounds attravel insurance when you are signing up for one of
least. You may be surprised at the cost of replacingtheir deals. It will very likely cost a lot more than
everything in your suitcase, not to mention the casesome of the deals you can find on the internet, so
itself.decline politely and shop around.
Travel insurance usually limits cover for the amount