While planning trips, people always forget about travel insurance. It is often looked upon as an unnecessary expense because they think ‘what can go wrong on a trip?’ But there are a number of things that possibly could go wrong while you are travelling and that too without a warning. There is possibility of you losing your baggage, having your wallet stolen, misplacing your passport, falling sick during the trip and much more.
While it is not as exciting as choosing your hotel or deciding excursions, making sure you have adequate travel insurance for you and your loved ones may be one of the most important decisions to make.
Travel insurance can cover you for everything while you are on a trip, from medical costs, to loss of your belongings or theft. Hence buying it is a must. However, with so many policies out there and all with differing service and ease of claim, choosing the right travel insurance can prove to be a difficult task. Here are some of the important things which you should consider looking for when buying travel insurance:
- Limits on trip duration: While selecting which travel insurance policy to go for, you need to check how many consecutive days abroad you will be covered for. The limits vary depending on the provider. And in case you go over this limit, even if it’s only by a day, you will invalidate your insurance.
- Different excess amounts: Depending on the type of claim, your insurance company might apply different excesses. For instance, the amounts may differ according to whether a claim is for cancellation, baggage loss, abandonment or personal liability.
- Destinations that might be excluded: Before applying, it is important to check that your policy covers you for the destination that you are going to. The policies vary and if you don’t know what you are looking for, they can be confusing.
- Ensure you are not already covered: Before choosing a travel insurance policy, check with your existing insurance provider. Sometimes it happens that your life or medical insurance policy might cover you for short trips made overseas. In the event of you making a brief trip abroad, you could probably forget purchasing a new travel insurance policy, as your existing insurance provider might provide sufficient cover.
- What does it cover? : Don’t just buy travel insurance randomly. It is important to be clear about what the insurance plan covers. It is advisable to study the plan properly and in case of doubts, ask questions. In case you need a particular area to be covered, ask for it. Make sure that your plan covers at least these points:
- Medical coverage
- Emergency evacuation
- Flight insurance
- Loss of baggage
When thinking about travel insurance, consider the places that you are
visiting, the kind of activities you will get involved in and the risks you
will face. Considering all these factors, take travel insurance
If you are interested in buying travel insurance, you can call on Santander Contact Number and get in touch with them.