Travel Insurance Supermarket

Travel Insurance is designed to protect your health, belongings, and your financial investment in your trip. It provides peace of mind for you and your family while on your vacation.

If you are travelling abroad, be it on business or pleasure it is a good idea to consider taking out travel insurance. Whilst it is not compulsory, most travel companies and tour operators usually insist on some form of insurance as a stipulation of their holiday product.

Travel insurance is an insurance product specifically designed to cover you when travelling abroad. We all think about the small things when considering whether to purchase travel insurance, such as loss of money or having luggage stolen. However there are many other factors to consider such as illness & accidents which can also be covered by travel insurance.

Travel insurance is designed to protect and cover against the possible risks you may encounter when travelling abroad. It is of crucial importance if you are travelling abroad, especially if you are likely to pay for any medical expenses that may arise. Other risks include the loss or theft of possessions, the cost of cancellations or claims made against you.

The premiums for the policies are generally 5% to 7% the cost of your trip, but fees will vary depending on the your medical history and passengers ages. Many companies offer policies that will include coverage for children at no extra charge.

It is best not to buy your travel insurance from your tour operator. Listed a few reasons why it may be better to purchase through an insurance company separately.

Travel insurance can cover the following expenses:

• Non refundable fees & lost deposits due to cancellation of your trip
• Worldwide sickness or accident medical expenses
• Travel and Baggage Delays
• Damage to or loss of luggage and personal belongings
• Loss of Travel Documents
• Additional expenses caused by health problems
• Accidental Death & Dismemberment
• Emergency Evacuation and Repatriation
• 24 hour Worldwide Emergency Assistance Services

Best Travel Insurance Companies

1. Access America
2. American Express
3. CSA Travel Protection
4. Global Alert!
5. Global Underwriters
6. HTH Worldwide

View More Travel Insurance Companies

Traveler insurance

Travel insurance is purchased to cover “travel-related” risks. This can include …

• Travel accident insurance
• Luggage insurance
• Rental car excesses
• Trip cancellation or curtailment
• Flight delay
  and more…

Travel insurance can be purchased for both domestic trips and travel abroad. It can be purchased to cover a two-day weekend trip (Although most travel insurance has a one week minimum, or up to A 12-month stay abroad.

Although we don’t like to plan for it, the reality is that not every holiday goes as well as we hoped for or as well as the TV holiday shows would have us believe. Usually, it is something outside of your control, such as a flight being canceled because of a mechanical breakdown. The result can be lots of additional costs as you have to rearrange connections, accommodations, and car rental bookings. What if you have an accident, such as breaking a leg in an accident in Bali?

For most people, you will never think of your travel insurance again once you have made the initial purchase. But if the worst does happen – wouldn’t you want a number that you can call and get the support and advice that you need in an emergency in a strange land?

Travel insurance can mean a lot of different things to different people, and as with all insurances, it’s a good idea to read the fine print. Check out exactly what the travel insurance policy you are considering covers. Big-ticket items that a good travel insurance policy should include are:

• Travel accident insurance

Travel accident insurance will cover emergency medical expenses if you fall sick or get injured when overseas. This is important for anywhere in the world but absolutely essential in the U.S., where even a brief hospital stay can cost tens of thousands of dollars.

• Luggage insurance

Luggage insurance covers delayed luggage cover and items that are lost, damaged, or stolen when you are overseas. Remember that some high-priced items, such as cameras, may need to be separately specified and paid for.

• Rental car excesses

Anyone who has ever hired a car knows how expensive it is to reduce the excess to something reasonable. If you are planning on hiring a car look out for this cover

• Trip cancellation or curtailment

If you or a close family member gets ill before you leave on your trip, you may lose all of your pre-payments and more if you have a non-refunable ticket – travel insurance would normally cover this, which is why you should get insurance cover when you make your bookings and pay your deposits. Also, if you need to return home early because someone becomes ill at home, insurance can pay for these additional costs.

• Flight delay

Depending on your itinerary, a single simple fight delay can have disastrous consequences for your carefully planned holiday. Make sure you take a policy that provides compensation if you miss a connecting flight because of a flight delay. Also look out for the small print here. Some insurers cover just the first outbound flight. There are others such as insure4less that provide cover for missed connections at any point on the pre-booked itinerary

When purchasing travel insurance, it’s important to be honest about where you are traveling and what you are going to be doing on your trip. Some countries have higher risks than others, and if you end up in a difficult situation in a country that you didn’t indicate when you bought the insurance or you are injured doing a dangerous sports activity you didn’t check out when you took cover, don’t expect your travel insurance policy to pay out.

Have an honest discussion before you purchase your insurance. Similarly, declare any pre-existing medical conditions which might be relevant; it doesn’t necessarily mean that you won’t be insured, but if you don’t declare a condition and then get sick, you probably won’t be covered.

Do the right thing and travel insurance will have you covered – after all, you just never know!