Travel Insurance

Some times here at cheapest travel insurance I run across an article I think is important enough to share. It doesn’t make any difference whether you live in the UK, America or any other part of the world, the guidelines should be all the same. The most important thing is you can enjoy yourself, have a safe trip and do these things at the best price you can possible get.

Hopefully the article below can save you some time and give you a guideline on taking out travel insurance.

Taking out travel insurance is an important part of planning a trip abroad and will protect you against the cost of any unforeseen events.

The benefit of cover
A good travel insurance policy will ensure that any unexpected medical bills are paid and that you can get home in an emergency. Even routine surgery such as an appendectomy costs around £7,500 in Europe, according to insurer esure, increasing to £25,000 in some parts of America.

It may also meet the cost of new baggage if your luggage is lost or stolen, and compensate you if your trip is canceled, your travel delayed or you miss your departure.

Medical costs
You should take a European Health Insurance Card (EHIC) with you, but this shouldn't be relied upon exclusively in the event that you fall ill or suffer an accident abroad.

This pays for free medical treatment in EU countries, as well as Iceland, Liechtenstein and Norway, but it will only fund you up to the level of free treatment given to locals. You could find this is significantly less comprehensive than the NHS, leaving you with a big bill - and it won't cover the cost of repatriation.

Cost of cover
It's now cheaper and easier than ever to get travel insurance, with some single trip policies only costing around a fiver. But remember that cheapest is not necessarily best, as the cover might be inadequate and the service a little thin.

Start with price comparison sites, which give you a range of quotes to choose from with varying levels of cover for your situation. Check out moneysupermarket.com, Confused.com and guardian.co.uk's compare and buy service.
Buy your cover directly from the insurer rather than from a tour operator or travel agent. It will be cheaper, and if anything goes wrong you will have recourse to the Financial Ombudsman Service to claim compensation.

Factsheet: Travel insurance | Money | guardian.co.uk