Holidays are the perfect time to try new things and make memories, but do you have the right cover for what you will be doing? A large number of people won’t read the exclusions on their insurance policy and most will often pick cover from an online search based on the cost.
The Association of British Travel Agents (ABTA) has published that millions of Brits are putting themselves at risk by travelling abroad without the right level of insurance, taking part in activities which may not have been covered or without any insurance cover at all. Last year, over one in five holidaymakers travelled uninsured, with the most common reason being cost or that they didn’t think it would be needed.
What is travel insurance?
Travel insurance provides cover for medical expenses, personal belongings, trip cancellation, delayed or missed departures and other unforeseen events. The type and level of cover required will depend on a variety of factors – the duration of your trip, the countries you’re visiting, the activities you’ll be doing and certain pre-existing medical conditions or ongoing treatment.
Last year over one in five holidaymakers travelled uninsured, with the most common reasons being cost or not thinking it would be needed.
Why is insurance important?
No-one expects to have an accident while on holiday, but if medical attention and hospital stays are needed, having travel insurance will help avoid any unexpected and expensive payouts. Whether you’re staying in a hostel in Italy, going 5* in Las Vegas or backpacking across Asia, ensuring you have the correct cover will provide you with peace of mind and the help you need if something goes wrong.
If activities are your thing, then you need to opt for a more comprehensive insurance package. Quad biking, banana boats and jet skiing may not seem like ‘dangerous’ activities, but most insurance policies will not cover these. Even riding a camel or elephant is likely to be excluded from your insurance, so it’s worth contacting your local insurance broker to help find a suitable policy with the right cover.
Travel insurance tips
Clare Waring, personal lines insurance manager at Alan Boswell Group shares her top tips when booking your travel insurance.
- Take out your insurance as soon as your trip is booked. This will help protect you if you need to cancel, due to illness or unforeseen event
- Don’t just opt for the cheapest option as it’s unlikely you’ll have the right cover
- Check the exclusions – wintersports, watersports and even seemingly safe activities like biking may not be covered
- Travel insurance via your bank may be very basic so check the details and don’t assume it’s all you need
- Make sure you advise your broker or insurer of any existing medical conditions – not doing so can invalidate your policy
- Always have the contact details and policy number with you and give a copy to family or friends back home
You can read our holiday insurance do’s and don’t here.