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29/08/2008

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Travel insurance

Travel insurance offers you protection and cover in case anything goes whilst on your travels. Fortunately for us, modern travel is considerably safer than it was in Columbus’s day. However there are still many things that can and often do go wrong which is why it is advisable to take out travel insurance.

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Before you begin looking for travel insurance its worth considering that some of your current policies may cover you for foreign travel. You could check to if your car insurance covers you for driving in foreign countries. And find out if your home insurance covers any of your possessions if you take them on a trip.

The cost of your policy is based on the geographical area you travel to, the activities you plan to undertake, the time period you travel for and the amount of cover you require. However as a general rule, the lower the amount of cover offered the cheaper the policy. So as well as looking at the price check that you are happy with the level of cover offered in each of the following areas.

  • Personal belongings
  • Cash
  • Medical expenses
  • Personal accident
  • Cancellations and curtailment
  • Delays
  • Legal expenses

Also be sure to look at what activities the policy covers you for. If you are planning on skiing or taking an adventure holiday then make sure you inform the insurers in order to make sure you are covered for those activities. It is also worth checking if you are insured to drive hire cars or your own car and if so what level of cover they offer. Third party motor insurance might not be advisable if you are driving on the wrong side of the road in a foreign country.

The following levels of cover could be used as relatively safe amount of cover for each area, but this is only a typical level of cover and not suitable for everyone.

medical expenses £2,000,000
personal liability £1,000,000
cancellation £3,000
baggage £1,500
cash £250

And it’s worth noting that the only way to realistic find the cheapest and best quote is to shop around. Many companies claim to be the cheapest with the best cover & service but they can’t all be so make sure you get several quotes. We hope you find the travel insurance company directory useful whilst hunting for quotes.

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