Do you really need travel insurance?

Are you planning a vacation or business trip and trying to decide if travel insurance is worth the cost? It’s an important decision, and one that should not be taken lightly. In this blog post, we’ll explore the pros and cons of travel insurance to help you make an informed decision.

We’ll look at what travel insurance covers, who needs it, and the best ways to get the coverage you need. So if you’re unsure whether or not you need travel insurance, read on to find out.




What does travel insurance cover?

Travel insurance covers you from unexpected events when you travel, such as medical emergencies, lost or stolen luggage, trip cancellations, flight delays, and more. Depending on the policy, it may also cover more specific types of activities like extreme sports or hazardous travel.

Medical coverage can include emergency medical expenses due to illness or injury incurred while traveling, evacuation for medical treatment, and repatriation of remains in case of death.

The lost or stolen luggage benefit will typically reimburse you for the cost of replacing items that were taken or damaged while traveling.

Trip cancellation coverage will reimburse you if you have to cancel your trip due to an unforeseen event like an illness or a natural disaster. It may also cover any prepaid, non-refundable costs associated with the trip.

Flight delay coverage is meant to help with expenses incurred while your flight is delayed, such as the cost of meals and hotel stays.

Some policies will even provide coverage for rental car collisions and missed connections.

Finally, travel insurance can provide protection against any other unforeseen events like terrorism or civil unrest that could disrupt your trip.

What doesn’t travel insurance cover?

When it comes to travel insurance, there are certain exclusions that you should be aware of. Travel insurance does not typically cover the following:

– Pre-existing medical conditions

– Events that occur when you are under the influence of alcohol or drugs

– Participation in dangerous activities such as skydiving or scuba diving

– Cancellations due to weather or other acts of nature

– Loss or damage to baggage or personal items due to theft or neglect

– Travel delays due to strikes or civil unrest

– Expenses resulting from voluntary or negligent conduct of the insured

– Loss of income due to travel disruption

– Claims resulting from travelling to a destination against the advice of the Foreign & Commonwealth Office

– Expenses incurred by family or friends for their own purposes, including the cost of returning them home

– Certain kinds of medical costs not covered by the policy

When should you buy travel insurance?

It’s important to purchase travel insurance as soon as you book your trip. The earlier you buy, the more comprehensive coverage you can receive. Purchasing insurance at the last minute may limit the types of coverage available and/or raise your premium costs.

If you are taking part in an organized trip or tour, make sure you purchase insurance that covers the full duration of your trip. For example, if your tour ends earlier than expected due to a cancellation or delay, you’ll still have coverage for the full duration of your original trip.

You may also want to consider additional coverage if you are going on a particularly risky trip, such as hiking or skiing. These types of activities can increase the likelihood of needing medical attention, so you should make sure your insurance policy covers any potential medical expenses.


Finally, you should always double-check the fine print of your policy to make sure it covers all of your planned activities. Your insurer will not be liable for any claims that are not explicitly listed in your policy.

How much does travel insurance cost?

Travel insurance can be an important safety net when travelling. But how much does it cost? The cost of travel insurance varies based on several factors, including the length of your trip, the activities you plan to do, your age and destination, and the type of coverage you need.

For a single-trip policy, the cost is generally a percentage of the total trip cost. For example, a basic policy for a weeklong trip might cost around 4-8% of the total trip cost, while a more comprehensive policy for a 3-month long trip might cost up to 12-15%. It’s important to note that some insurance companies will offer discounts for multi-trip or annual policies.

The amount of coverage you choose also affects the cost of your travel insurance policy. For example, if you choose a policy with higher medical coverage, you may pay more than if you choose a policy with less coverage. Similarly, if you choose a policy that covers trip cancellation or interruption, you may pay more than if you choose a policy without this coverage.

Finally, age is another factor that affects the cost of travel insurance. Generally, premiums tend to increase as travellers get older due to higher medical costs. This means that younger travellers may pay less for their insurance than older travellers.

Overall, the cost of travel insurance depends on several factors and can vary significantly between policies and companies. It’s important to compare different options to find the best coverage for your needs and budget.

How to make a claim

Making a claim for your travel insurance is an important part of the process. In order to make sure your claim is successful, it’s important to understand how the process works.

The first step is to contact your insurer as soon as possible and inform them of the incident. You should have all relevant information ready, such as dates, times and details of the incident. They will then provide you with an instruction sheet and a claim form, which you will need to complete.

It is important to be honest and thorough when completing the form and to include any evidence that you have that supports your claim. This could include photos, receipts, medical reports or police statements. Make sure that you check the information twice before submitting it.

Once you have submitted your claim, your insurer will assess the information and decide whether or not to accept the claim. If it is accepted, they will then arrange for payment to be made directly to you or to any third parties that you need to pay for any expenses incurred.

By understanding the process of making a claim for travel insurance, you can ensure that your claim is handled quickly and efficiently. If you have any questions about making a claim, it’s best to contact your insurer directly for advice

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