Summer vacations are looming. You may have already booked your getaway or you might be tempted by a last-minute offer but one thing you can’t leave home without is your travel insurance. Every year, travelers around the world take the risk and travel without any travel insurance in place – but to go without the right protection could cost a lot more than you think.
If you plan on travelling this summer, make sure you are fully aware of the terms and conditions of your travel insurance. Here are some keys areas to check on:
One of the main reasons travelers purchase travel insurance to cover them in the event their luggage doesn’t arrive at the airport when they do. This can be something as simple as reimbursing you for the cost of buying new clothes to replaces the items that were lost along with the luggage.
If you are travelling with anything of particular value, for example jewelry or technology, it might be worth making an enquiry as to whether this is covered as part of you policy or if you will require special cover.
Travel insurance really comes into its own if and when you find yourself stranded. Perhaps the hotel was over booked or your flight has been delayed for 24hours – the last thing you want is for you and your family to be without a bed for the night. Check with your provider as to the terms and conditions, whether they have limitations on price or pre-approved hotels they work with so you can know ahead of time incase of an emergency.
Your health insurance is always protecting you, but when you are abroad it could be a real saving grace. It’s also worth checking with your travel insurance provider as to what health cover they offer as part of their policies. There may be conditions regarding public and private hospitals, recognized clinics or physicians.
It’s not an easy decision to make, but cancellations do happen. In many cases your travel insurance can cover lost deposits that are incurred through last-minute cancellations however this could be under strict circumstances such as serious illness or bereavement.
The average travel insurance policy is usually enough to cover the average vacation, but if you are planning a trip that’s far from average, whether you plan on scuba diving, rock climbing or some extreme sports – you may need to enquire whether your travel insurance will cover you in case of n injury.
Travel insurance should be top of everyone’s list when it comes to packing for summer vacation, but checking the terms and conditions of your policy is the best way to ensure you haven’t left anything out.
If you have any questions about travel insurance or other insurance questions,click here to ask an expert