What constitutes the best travel insurance as far as you are concerned? Is it the price? Is it the number of activities it covers? Perhaps it is the fact it covers you for an entire year. Whatever you might be looking for you need to be able to find the best possible policy for your situation. These tips will help you do just that.
Know what you need
How can you find the best travel insurance if you don’t know what the right policy should be? There are several options to choose from, including policies for families, individuals and those over the age of 50. You also need to consider the precise nature of your holiday. For example, are you taking part in any extreme sports? If you are you will need to make sure you get a policy that is tailored towards these sports. A standard one is unlikely to cover those areas.
Know how long you need it for
Think about whether you will be going on other trips in the next twelve months. This should reveal whether or not you need a single trip policy or a multi-trip policy. Don’t forget to include weekends away too; you can benefit from being insured in much the same way as longer trips, and having that extra peace of mind certainly helps. The best travel insurance will cover the most appropriate bases in your particular case.
Know what’s in the fine print
Most people hate the fine print in anything – even if they have perfect eyesight! It actually has nothing to do with eyesight and everything to do with reading boring content! However, in this case it makes sense to read everything put before you – even the fine print, as this is where the details of your policy will be.
If anything happens while you are away that leads you to make a claim on your policy, the last thing you want is to find you aren’t covered for as much as you thought you were. Make sure you check every single detail prior to accepting the policy. You usually have a period of time in which to do this, so make sure you check it as soon as you receive your copy. This way any necessary changes can be made straightaway.
As you can see, the best travel insurance may not be the same for every person. While one policy would be next to useless for one person, it could be ideal for the next one. Your job is to know what you need and then find it. Once you have checked it over you can sit back, relax and look forward to your holiday.
Patrick Chong is the Managing Director of Insuremore.