10 Things to Check When Choosing Travel Insurance

Whether you are travelling domestically or internationally, you need travel insurance. Travel insurance policies are often not a top priority when people make their holiday plans.

There are many things to take into consideration when choosing the best travel insurance for you and your family. After all, you don’t like to risk you and your family’s safety and security while you’re on the road.

Here are 10 things to check when choosing the travel insurance policy that suits your needs and preferences:

1.Policy Duration

Travel insurance could be for either a multiple trip or single trip coverage. This all depends on your holiday plans. If you’re going on a single-destination holiday, make sure to check the length of the validity of your single trip travel insurance. The standard duration for single trips is usually 90 days. If you are going to multiple destinations, a multi-trip policy is the best option. Annual travel insurance is valid for all your trips for one full year.

Choose an insurance coverage that would exceed the number of days that you’re travelling. Also, make sure to have extension provisions.

2.Medical Coverage

Medical care is one of the most important coverage of any travel insurance. As a policy holder, you should be able to get proper medical care while you’re traveling. You need to check what types of medical conditions are covered by the insurance. For instance, you cannot reimburse expenses for pre-existing medical conditions that occur while you’re out on the road. There is also available top-up coverage so that you can be protected from specific medical emergencies while on a trip.

3.Multiple Coverage

You will be able to save a lot of money if you purchase travel insurance as a group. Whether you’re a couple or a family, there are options for multiple travel insurance coverage.

4.Standard Claim Limits

Each insurance policy has standard claim limits. Check the limits of the most important aspects of the coverage such as emergency medical issues, cancellation, missed departure, baggage loss, and personal liability.

5.Destination Coverage

You need to double check whether your destination is covered by your travel insurance policy. Various policies may have certain geographical coverage.

6.Cancellations

If you need to cancel your holiday due to an unprecedented illness or other situations, you may be able to claim lost funds from trip expenses. Thoroughly check the policy if they are able to reimburse you and the maximum amount that you are allowed to claim.

7.Baggage/Personal Belongings and Valuables Coverage

Loss of baggage, personal belongings, or valuables is quite a common occurrence. Check the specific clauses and coverage of loss of any of these personal belongings, especially on total loss of baggage, losing passports, wallets, and jewellery items, and loss of electronic valuables such as mobile phones, tablets, digital cameras, or laptops.

8.Missed Flight Coverage

The insurance policy usually does not reimburse your cost if you miss a flight. If you missed a flight through no fault of your own like a road accident, you should be able to give complete evidence to the insurer that you did everything in your power to make the flight. In order to make a claim, you should provide evidence which may include what time you left your place of origin, what route you took, and many more.

9.Exclusions

You should read and understand the exclusions part of a travel policy very carefully so that you can completely review the specific items that are not included in your coverage.

10.Emergency Assistance

There are other unprecedented occurrences while you’re on a trip. Check the travel insurance policy if they have extra coverage for unexpected incidences such as your travel agency suffering from financial loss or the need to leave the country due to a political threat or natural calamity.

Remember to choose travel insurance that will meet your needs. You should be able to assess all these factors before selecting the travel insurance that would greatly benefit you and your family.