things you need to know when buying travel insurance

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travel insurance policy
Choosing a right travel insurance is not a easy task. Travel insurance is one of the vital part of your dream holiday. We are facing unwanted incident everyday life. But we do not want any unwanted incident during our holiday, if any thing happen then we need a backup to protect every things.

learn the six thing you need to know when buying travel insurance.

Make sure you have or you will have travel insurance before going to holiday
You must have bank account. Before buying travel insurance check your bank account that’s it’s have travel insurance options or not. If you are unsure then call your bank to confirm. There is lots of bank in every country who are giving travel insurance cover. If your bank providing you travel insurance then check the terms and make sure that travel policy cover the destination you are going to. You know very well what you want to protect during your holiday, so cross check every with the policy.

Some time airline company also offer best deal for travel insurance.

Shop Around
Always is better idea to shop around to check the price for every thing. by investing some time if we could save some money then you can spend saving money during your holiday. check price with local insurance provider and internet. Some time airlines company offer good deal for travel insurance.

cheaper price is not always good option. you have to make sure according to your requirement. Cheapest policies can have pitifully low levels of cover for baggage, and punitively high excesses (the amount taken off a payout).

Consider multi-trip policies, and policies for couples and families
If you travel twice a years then always it’s better to buy annual travel insurance. Taking out an annual, multi-trip policy that will cover you for any number of trips (typically of a maximum length of a month each) within a 12-month period, is likely to reap savings over buying single-trip policies, and saves you valuable time.

It also works out cheaper, and is less hassle, to buy travel insurance that covers a couple or a family.
On many annual policies, you don’t need to travel together to be insured.
Again, use the price-comparison websites to flag up competitive annual, couple or family policies.

Make sure the level of cover
Recommends policies with at least $3 / £2 million of medical cover for Europe or US $7.5 or GBP £5 million worldwide, US $2000 or GBP £1,500 of cover for baggage and personal belongings, and US$4000 or GBP £3,000 for cancellation or curtailment.

travel insurance

For other levels of cover, make sure the policy you’re taking out meets your individual needs. Many policies have a single-item limit for valuables of just US $300-350 or GBP £200-£300 – which is less than the value of many a smartphone, tablet and computer.

And if you’re planning on doing any adventurous activities, check the small print. Depending on the policy, for something like bungee jumping, paragliding or scuba diving, you may need to pay an additional premium or the activity may be excluded from your cover.

If you are going for ski or diving etc then make sure then you are taking the right policy. Always it’s better to check policy wording what covering and what not.

Always be honest about existing medical conditions
If you have a ‘pre-existing’ (ie ongoing) medical condition, you must declare it. Doing so may increase the premium, or may result in cover being refused. But if you are not forthcoming with the insurer and you end up making a claim, your cover may be invalid. You also need to inform the insurer of any medical issues with close relatives, if their health may cause you to cancel or curtail a trip.

If you have any existing medical condition then before traveling it’s always best to consul with your doctor. Also check that does your doctor recommend any vaccination for the destination you are traveling.

How the excess works on a travel insurance policy
It’s important to understand how the ‘excess’ works on your travel insurance policy, so that you don’t get caught out. The excess is the amount that the policyholder pays towards any claim. So, if you put in a claim for 600 and the policy excess is 100, the insurer would pay out 500. But some policies charge an excess per section, and the costs can quickly add up. For example, if you were mugged, you could be charged a 80 excess for medical costs, plus a £60 excess for loss of personal effects. Other policies charge just one excess per claim, which can work out much cheaper.

accident in holiday

Winter sports travel insurance
It’s important to check for exclusions on your travel insurance policy so you don’t get a nasty surprise when it comes to making a claim. Most firms exclude risky activities – and risky could mean common holiday pursuits such as horse riding and scuba diving. If you are planning an adventurous holiday, you can sometimes buy extra cover for risky activities. Or you might choose a specialist policy. Winter sports insurance, for example, is tailor made for skiers and snowboarders, often covering expensive equipment and ski passes. But you still need to read the small print as the terms and conditions vary.

Adventure travel insurance
Adventure travel is similar to winter sports insurance and covers the more courageous travellers who indulge in the likes of bungee jumping and white water rafting. The premiums are usually higher than for standard cover to reflect the greater risk of claims. But it’s often worth the price for the peace of mind.

Travel Insurance for older travelers
Older people often find it difficult to arrange travel cover, even if they are fit and active. Some firms refuse to insure anyone over the age of 65; others charge sky-high premiums – the cost of cover can more than double when you reach 65. Elderly travelers are statistically more likely to make a claim on their travel insurance, but they should not despair. A number of specialist firms cater to older holidaymakers. The policies often include cover for a number of common pre-existing medical conditions and more generous policy limits, particularly for medical claims.

Once you bought the travel insurance note all important contact details during you travel. If some thing goes wrong then you need to contact with your travel insurance policy provider.

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