Travel Insurance

Planning your annual holiday trip is important to most of us as it is the time when we take time to look after ourselves after working hard all year long. Some of us travel more frequently and whether you are planning a single trip or have more than one holiday per year you will probably want to make sure you have adequate travel insurance cover in the unfortunate event that you need to make a claim against your travel insurance.

Unfortunately many people often forget to buy travel insurance before they go on holiday and it is not until you run into problems that you realize how important it would have been to have obtained a travel insurance policy in the first place. The main reason people forget to buy travel insurance is because it can take a lot of time and effort to find the right travel insurance policy and that coupled with arranging the holiday itself either puts people off or travel insurance becomes an oversight. Besides who wants to think about insurance when they are planning a holiday?

Insurance is not the most exciting thing we can occupy our time with but it does offer peace of mind and is a great help to us when we need it most therefore anyone considering traveling should make insurance a priority especially if you and your family are traveling together. Besides, children are often covered for free if they are dependents of the policy holder and are under 18 years of age.

One way of overcoming the boring task of buying travel insurance is to buy a single premium policy or annual travel insurance which allows you to take many holidays which are all covered by one insurance policy. There are always different levels of cover and it is important to check with your travel insurer to find out what length of holiday your insurance policy will cover. For instance, if you are going away for 6 weeks and your annual travel policy on covers vacations of up to 3 or 4 weeks duration, you will find yourself uninsured which will leave you high and dry. Most travel insurance companies will offer up to 4 options for the duration of trip and it is important that you select the most appropriate option for yourself.

Another advantage of annual travel insurance is that if you enjoy winter sports, you can ask your insurer if they have a winter sports option so you will be covered for those holiday trips as well. There will generally be an additional premium for this but when you bear in mind that winter sports do have a higher risk of injury associated with them, then you will begin to understand the sense in taking out the winter sports option.

Another point to consider when taking out a travel insurance policy is what exclusions and excesses apply. Many travel insurers have a blanket exclusion to cover acts of terrorism. It is worth checking with your insurer what their position on this is prior to purchasing your travel insurance policy. Also the compulsory excess may vary from insurer to insurer. This may affect the travel insurance premium you are quoted when obtaining an insurance quote. Remember, in the event of a travel insurance claim, you will be expected to pay the excess so it is worthwhile considering if this is acceptable to you. The best thing to do is obtain a number of travel insurance quotes especially if you are thinking of buying an annual travel insurance single premium policy. Then compare what each insurer offers so you know which one offers you the best deal.

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