If there's one thing that many travelers prioritise the least, that would be purchasing travel insurance. Hey! No one ever said that travelling is cheap. That's why insurance is often considered as an additional expense; one that travelers can opt to disregard if they wish. They can still travel the world without it, but that should not always be the case. If you love to travel, encourage yourself to invest in Coronavirus travel insurance for your protection.
Since it's an extra cost with significant importance, travelers should get their money's worth if they decide to buy one. With that said, how do you choose the right holiday travel insurance? What are the features that you need to look into before buying one? Read on to find out what most professionals advise in selecting the best insurance for you.
The Basic Features
The standard features that every travel insurance policy needs to have are the following:
- Medical Cover - It includes cover for the necessary medical services, accommodation, and expenses to travel you and your companion back home.
- Cancellation, Curtailment, Delay, and Abandonment Cover - This feature should state the cover and terms when either of those incidents happens. You either call your travel agent or coordinate directly with airline management.
- Baggage and Possessions Cover - It basically provides cover for damaged, lost, or stolen baggage and items. It has several terms and conditions, so make sure that you read this part of the policy carefully.
- Personal Liability Cover - Your travel insurance policy should have this feature. It's important because it protects you from financial losses when someone sues you for injuries or damage to property.
Annual Plan or Single-Trip Policy
If you plan to travel, at least three times a year, it is recommended to go for an annual holiday travel insurance. It's more cost-effective and practical than a single-trip policy, which is a better choice for one or two travels a year. However, this also depends on:
- the number of people travelling with you;
- the length of your trip;
- and the activities you plan to do.
Some policies are catered for family holidays, extreme sports activities, backpackers, a specific number of months. Tell your insurance provider what you need, and they will suggest the best policy for your planned trip.
It is now more important than ever to choose travel insurance that covers coronavirus risks.
Cover for Specific Destinations
Travel insurance policed are often categorised by area: Europe, Worldwide, and Worldwide except for the US. If you're travelling to countries with national boundaries (such as the US to Mexico and Greece to Turkey), make sure they are included in the policy's coverage. If you travel to a place, which has been banned by the Foreign and Commonwealth Office, you're no longer covered by your travel insurance.
Protection Against Itinerary Failures
It refers to flight interruptions, accommodation mishaps, and tour problems. If you book a travel holiday package, the first thing you need to do is verify the travel agent's registration with Air Travel Organisers' Licensing or ATOL. You'll receive a full refund if your travel itinerary is experiencing many issues. Meanwhile, if you have made the booking by yourself, you'll have to purchase additional features since standard policies don't cover these failures.
Clear Disclosure on Items not Covered
Sometimes, claims get rejected because of this factor. You thought that it was part of your policy, but it wasn't, so your insurance was useless. If you plan to do many activities, make sure that they are included in your policy. It's imperative to read through the policy first before buying it. In the event when an unfortunate incident happens, you won't be so stressed out because you've already taken care of it.