When it comes to travel, there are all sorts of things that can go wrong at any moment. All it takes is one hiccup which can have a trickle down effect throughout your entire trip. When travel plans go sideways, the results are usually costly.
One of the best ways to protect yourself against uncertainties is to get travel insurance. Whether you suffer an accident and need medical attention or you miss your flight due to unforeseen circumstances, insurance is there to take care of you.
So what else do you need to know before paying for a travel insurance plan? Take a look at some of the most important factors.
Take Time To Shop Around
Don’t wait until the last minute to choose a policy. Take your time to go through all of the different options out there. Compare perks, and make a choice based on research.
When mapping out your travel plans, be sure to extend your policy to the day before and after your flight. That way if you miss your flight you’re still covered.
Ensure Your Destination is Covered
Your travel insurance may not be able to cover you in certain destinations. Whether your entire trip needs to be canceled, or you need to be covered for transfer back to your country of origin, it’s important to know you’re set.
Be sure to double check several times whether your specific holiday destination falls under the policy terms. For example, if you are traveling to one of the Nordic countries like Iceland for a cross-country road trip on a 4×4 van rental (like those found on https://www.rent.is/blog/4×4-camper-van-rental/), then you have to ensure that this kind of trip is covered on your insurance as well. It can be a rude awakening to dish out money for insurance only to find that it was for nothing!
Consider an Extended Policy
Some travel insurance policies will stretch beyond the duration of just one trip. While the cost is significantly greater to go for a multi-trip policy, it may be worth it.
If you’re someone who travels a few times a year, one single policy will be more cost effective than taking out several policies over the course of the year.
You Must Disclose Pre-existing Conditions
As with all insurance, it’s important that you disclose pre existing conditions to the company before signing a contract. Failing to do so could lead to your claim being denied.
Consider a Travel Credit Card
Many travel credit cards come equipped with travel insurance included. While the coverage is likely much less comprehensive than an independent travel insurance policy, it may be something you prefer.
It’s always a good idea to lay all of your options out on the table and make the best choice based on comparing them all.
In some cases, where the risk for disaster is lower, you may opt for the insurance included with your credit card. Whereas higher risk destinations may call for a much more comprehensive insurance policy.