With so many types of travel insurance and levels of cover to choose from, it’s difficult to know which is best. Here’s how to find the right cover for your trip.
There isn’t one travel insurance provider or policy that’s best.
What’s best for one person may not be best for you. You need to find a policy that’s the right fit for your trip and individual needs.
You’ll need to consider things like:
Firstly, check what your home insurance and private health insurance policies already cover you for and whether you have travel insurance through your credit card or current account. If so, make sure it offers enough cover for your trip.
Most insurers offer three levels of cover for each type of policy, ranging from basic which is the cheapest, to premium which is the most expensive.
Premium policies offer higher cover limits and they tend to cover you for more things.
Don’t scrimp on essentials like medical expenses but don’t pay extra for cover you don’t need.
For example, a premium policy often includes cover for winter sports which is of no use to you if you’re going on a sunny holiday to Spain.
The excess is the amount you agree to pay towards a claim so the higher the excess, the cheaper the policy is likely to be. A basic level policy may have an excess of around €150 which is the amount you’d have to pay against most claims.
Some premium travel insurance policies offer zero excess, so you won’t have to pay anything if you make a claim. Paying a few more euro upfront for a premium policy could save you money if you had to make a claim.
Look at the policy as a whole, not just the excess, to make sure it offers the cover you need.
Once you’ve worked out what type of policy to get and the things you need cover for, it’s time to shop around.
It only takes a few minutes to find a cheaper deal and start saving