Often in the excitement of booking a holiday, we can forget about some of the finer details. The type of details that could make all the difference in the off chance that you or whoever you’re travelling with end up in some form of difficulty.
Whether it be medical insurance cover, covering the prospect of theft or mugging, or even just the security of knowing that if anything happens your flights or hotel that may cause a cancellation prior to the big departure date, it’s nice to know that there is something there to break the fall if anything should go wrong.
You might ask yourself why travel insurance is necessary, and most people are of the opinion that ‘it will never happen to me’, but don’t let yourself fall into this trap. I have friends who have had the pleasure of working in a call-centre helpline for travel insurance and they never had a free moment. The phone lines were always red hot with various different emergencies and queries. This article is by no means a way to scare people into not travelling and I must stress that I could not be more pro-holiday.
However, I thought I would help you break down an important part of the holiday planning process, as buying insurance and scanning through policy documents, as we all know, can be an unholy nightmare. So what insurance is best for you and what will suit your needs? Are you looking for Family Travel Insurance of Single Trip Travel Insurance specifically? I have gathered some useful information in this article for you.
I have picked the three most well known travel insurances and created a little travel insurance comparison in the UK to focus on. I will go through some of the pros and cons of each, and hopefully by the end of this article the prospect of insuring yourself for your holidays won’t be anywhere near as daunting. :)
Ask yourself these questions
To start, when you’re shopping around for holiday insurance, you should have the answer to the following four questions in your head;
“What type of holiday are you going on?”
“Where are you going?”
“Who are you going with?”
“How long are you going for?”
It is a different story when you need a single-backpacker travel insurance in comparison to an insurance for a “simple” sun holiday to Spain with the family. When you know the answer to these four questions, this will cut out a lot of the speculative, fact-finding questions that insurance sales people will ask you. Once you hear information that is irrelevant to you, you can simply say so to the broker and they will be more direct to your needs. It is just a way of controlling the conversation or even a web transaction. The goal is that you’re getting what you need and not paying over the odds that something that’s not worth a monkey’s to your plans!
Travel insurances Comparison
It can still be difficult for you figure out what travel insurance is best for you to buy or what a travel insurance should cost. With the below list of insurance companies I am hoping to help you understanding the conditions better and making an easier pick on your cover.
Bought by Many Travel Insurance
Bought by Many Travel Insurance (pretty charming name don’t you think?) offer an interesting and helfpul travel insurance policy. Where most travel insurance policies will not cover people with pre-existing medical conditions, Bought by Many Travel Insurance are specialists in this field. An important thing to note is that it does not cover anybody with a terminal prognosis of under six months. Still though it is rare that pre-existing conditions are covered by any travel policy.
It is a policy that can only be really bought under a certain set of circumstances. If you are travelling, it must be for single trips only. It doesn’t over cancellation but you can buy it without a medical screening. Your trip must also take place within Europe and lasting less that 28 days. Due to it’s unique policy characteristics, it’s definitely worth exploring if you know anyone under unique circumstances looking to travel
Fortify my Travel
Fortify my Travel (aka Fortify) are more of a mainstream travel insurance offering. What I think is interesting is the level of medical expenses cover they provide (up to £25 million). When measured up to a lot of other UK providers this is a much higher number. They offer a wide range of flexible add-ons which means you are not being forced to pay for anything you don’t need.
If you’re travelling on a cruise holiday, skiing holiday or backpacking holiday, you will be able to find a balance to ensure most emergencies are covered. They also offer you a higher amount for cancellation cover than most other policies. This is very relevant in today’s culture of strikes.
ASDA Travel Insurance
More familiar for a place for doing the weekly shop, ASDA Travel Insurance policies are some of the best on the market. Where as most travel insurance policy provider set a cap on medical coverage; ASDA provide an unlimited amount of cover. I also like that the length of a single trip that is covered by ASDA Travel Insurance is 90 days per trip. This is on average greater than the majority of travel insurance policies on the market.
Watch Out for the Fine Print
The last few nuggets of advice for you would be the following:
Different insurance companies charge if you’re older than a certain age (i.e over 60 or 65). Plus there are also discounts for couples and families so be sure to research and ask!
If purchasing an annual policy, be aware that most companies have “Automatic Renewal”. So know your policies renewal date and remember to cancel it if you don’t need it.
Make sure that if you’re going on an adventure seeking holiday with dangerous sports, that your activity is covered under the policy you are buying.
Most policies have “trip limits”. If you’re taking an extended holiday, make sure that your holiday falls within the trip limits of your policy or your cover will run out while you are away.
If you have any underlying, pre-existing health conditions, make sure you clarify straight away if it is covered. Some policies will not cover this demographic.
Regardless of which policy you chose, remember that holidaying is supposed to be fun, first and foremost. I pray that you will never be in a situation where you will have to avail of your insurance. However, if you are, it is nice to know that what you have paid for is the best option for you. There of travel insurance policies on the market from AA, Avanti and Aviva which are also worth researching.
The Guru is all about saving you lovely people a few Pounds here and there. We want your holiday experience easier as a whole. So if even one person has picked up some useful information to help find the best travel insurance from this post, I know that writing this will have been worthwhile! :)