Getting Travel Insurance - What to Know
When you're getting ready for your first trip of the year, be it for work or for the joy of going on holiday, you should consider getting annual travel insurance rather than coverage for just a single trip. By getting annual travel insurance, costs can be brought down dramatically and it becomes an affordable alternative to purchasing a new policy for every single trip you take.
In addition to the peace of mind you gain by being covered, it often works out to be easier on the wallet to organise your insurance on a yearly basis. But remember, not all insurers are the same and you should take your time to pick and choose the right coverage for your needs. Make sure the coverage you get is exactly what you, personally, need, and keep an eagle eye out for loopholes that could come back to bite you.
Using a specialist company
Though many travel agencies offer coverage with their packages, if you're looking at annual travel insurance coverage, your best bet is to go with a third party insurer. These insurers are often a fair bit cheaper and are not affiliated with any travel companies, making them a safer choice should your travel agency encounter financial difficulties. By using a specialised insurance company you will also have the option to pick and choose what you are covered for: for instance, you may not drive, so you have no need to be covered for car insurance on any of your travels. Being picky at this planning stage can pay off in the end.
Who to go with?
This is a tricky question that depends a lot on the particular coverage needed, the amount of coverage you want, and the comparison of different insurers who can provide you with the appropriate annual travel insurance. When you are first looking into which insurer to use, make sure you ask the right questions. These include simple things like €do you cover x, y and z?€, and more complicated matters such as what happens when the travel agency goes bust, or the airlines lose your luggage. There are no stupid questions to ask when it comes to making the most of your hard earned money and making that money work for you on a yearly basis. And, if you have questions that the online sites don't answer in full, do not hesitate to give the company a call. Ask them questions and rate them on their customer service. A company that will work with you before you buy the policy is often representative of one that will also be willing to work with you should you ever need to make a claim.
In addition to the peace of mind you gain by being covered, it often works out to be easier on the wallet to organise your insurance on a yearly basis. But remember, not all insurers are the same and you should take your time to pick and choose the right coverage for your needs. Make sure the coverage you get is exactly what you, personally, need, and keep an eagle eye out for loopholes that could come back to bite you.
Using a specialist company
Though many travel agencies offer coverage with their packages, if you're looking at annual travel insurance coverage, your best bet is to go with a third party insurer. These insurers are often a fair bit cheaper and are not affiliated with any travel companies, making them a safer choice should your travel agency encounter financial difficulties. By using a specialised insurance company you will also have the option to pick and choose what you are covered for: for instance, you may not drive, so you have no need to be covered for car insurance on any of your travels. Being picky at this planning stage can pay off in the end.
Who to go with?
This is a tricky question that depends a lot on the particular coverage needed, the amount of coverage you want, and the comparison of different insurers who can provide you with the appropriate annual travel insurance. When you are first looking into which insurer to use, make sure you ask the right questions. These include simple things like €do you cover x, y and z?€, and more complicated matters such as what happens when the travel agency goes bust, or the airlines lose your luggage. There are no stupid questions to ask when it comes to making the most of your hard earned money and making that money work for you on a yearly basis. And, if you have questions that the online sites don't answer in full, do not hesitate to give the company a call. Ask them questions and rate them on their customer service. A company that will work with you before you buy the policy is often representative of one that will also be willing to work with you should you ever need to make a claim.
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