Are you a passionate traveler who’s used to taking domestic or overseas trips frequently? Well, do you always travel on your own health insurance cover? Perhaps that’s where you’ve been going wrong. If you haven’t yet tried it, then it’s time you get yourself travel insurance coverage. It comes to its numerous perks, including trip cancellation, trip interruption, loss of luggage, medical emergency, as well as evacuation/repatriation coverage.
But with so many options available nowadays, it can be quite a daunting task trying to choose the best travel policy. Check out the following tips and shop like a pro!
Avoid Purchasing From an Airline or Travel Agent
When booking your holiday or flight, you may want to consider purchasing your insurance cover. However, this could actually end up being costly in the long run.
Travel agents plus airlines often add huge commissions on top of their normal prices, which basically means you’ll have to pay a lot more than what you’d actually need to. A recent study showed that purchasing travel insurance via an airline is 3 times more expensive than necessary, whilst purchasing from a travel agent costs two-and-a-half times more.
So, how do you find the most affordable travel insurance? Well, the only sure way is to buy your cover directly from the travel insurer. So, go online and choose your preferred cover straight from the source that’s offering it. It’s simple, quick, and much affordable.
Choose What’s Best for You
When it comes to travel insurance, there are three different levels to choose from- basic, medium, and comprehensive.
Generally speaking, the benefits offered increase with each step up, but so does the cost of coverage. And with this in mind, it’s extremely important that you have a hard thought about the level of cover that’s perfectly suited for your travel needs.
Stay Away From Unnecessary Options
When purchasing travel insurance, you might find that the option you’re interested in isn’t categorized as standard. To customize a policy to suit your own trip, it might be necessary to incorporate some optional covers into it, such as winter sports, high-value personal items, adventure sports, golf, as well as additional rental car excess cover.
However, it’s important to note that all these options come with extra costs, so ensure that they’re actually essential for your trip before adding them to your insurance policy. Avoiding unnecessary options can substantially reduce the cost of cover.
Watch Out For Discounts
Why pay the full price for everything while you can save some cash with a discount? When it comes to travel insurance, there’s always an extensive range of deals plus special offers available. Check with your insurer to find out how much you can save through their promotional plan. While you shouldn’t only choose a policy based on an attractive discount, it’s certainly worth shopping around for a better deal.
Some of the travel insurance discounts you might be able to access include multi-policy discounts if you’ve another type of cover, discounts for purchasing cover online, discounts for special customers plus members, as well as promos and coupon codes. Just make sure that you carefully explore the features offered by any discounted policy before deciding if it’s right for you.
Know your destination
Did you know that the destination you choose to visit can significantly impact the cost of your travel insurance cover? Where you visit actually determines the level of cover you require. For instance, getting medical insurance when travelling to Bali isn’t something you can afford to ignore. This will help you get treatment in the city’s expensive health system. And when it comes to other countries, you may not really the same type of high-level cover.
Having travel insurance keeps you safe, secure, and relaxed. It feels great traveling overseas knowing that all unforeseen emergencies will be fully catered for. Plus, it saves you the agony of having to make out-of-pocket payments in case of baggage loss, evacuation/repatriation, and rental car damage.