Travel insurance is one of the best ways to secure your money and cater to unexpected incidents such as a missed flight, delayed flight, accidents, injuries, missing luggage etc. Many travel insurances also provide medical benefits and accommodation facilities even when you are in remote locations. So, when a travel insurance is covering you for so many areas and benefits, it is only fair to choose your travel insurance deals the right way. Here are a few insights for the same.
Seldom buy your travel insurance from a travel agent, tour operator, or from the Airlines.
All the above facilities will cost you more to cover you for your travel.
Be clear of your needs before purchasing an Insurance
There are various insurance packages available. If you are carrying costly gadgets with you, a cheap insurance cover won’t cover all the important stuff. Thus, choose a package that covers all your travel assets, cancellations, baggage, and provide medical benefits as well.
Consider the Excess
The excess amount will have to be paid by you in case of any claims. The policies are cheaper when the excess is high, but sometimes it is all its worth. Therefore, go for a policy that only charges one excess per claim, which is a very feasible option instead of a policy that charges you excess for everything in a claim.
Be aware of what is being covered by your home insurance policy or bank
In general home insurance policies will cover you for personal effects when you are travelling. If this is the case you can opt out of baggage cover and save a few dollars. Also, few credit cards and current accounts offer travel insurance too. but it is recommended that you check out for what it covers. As many free policies may be very basic.
For countries in North Africa are included in the worldwide insurance policy of Europe and take note that some worldwide policies may exclude US and Canada.
Take note of Age limits and Medical Exclusions.
The Cheapest policies will not cover people over 65 years even if they are fit and active. Thus, it is recommended to be honest with your insurer about your health conditions and it is possible to avail medical benefits with a little extra premium.
Also note that many policies don’t cover you for adventurous activities like horse riding, mountain climbing, Scuba Diving etc. Thus, make sure your insurance covers you for adventurous sports.