Travel Insurance Tips

Follow these tips to makes sure that you get the right vacation insurance cover, at the best price:

• Avoid buying your insurance from your travel company; they rarely offer good value for money. Tour operators often make most profit from selling overpriced 'extras' such as travel insurance.
• Shop around. The Internet will let you review many policies and products, and will help you find a good deal on a policy that meets your insurance needs.
• You may be able to lower your travel insurance premiums by purchasing joint cover if you are traveling as a couple.
• If it's likely that you'll take more than one international vacation a year, then you will almost certain save money by buying an annual multi-trip travel insurance policy rather than a single travel insurance policy each time you go. These policies will also normally automatically cover any US breaks.
• Don't just compare the prices of vacation insurance products, also compare the benefits of the cover, the exclusions and other product features.
• Make sure that you understand the many different policies available. There are single-trip, annual, backpacker, worldwide, ski and winter sports, and other specialty travel insurance policies.
• Always check your policy carefully to make sure that it will provide you with adequate cover for your needs.
• What is the maximum you can be insured for a single item? Check that you are covered for your valuables, such as jewelery and cameras.
• What deductibles will you have to pay? Most policies require you to pay a deductible (between $50 and $400), so make sure it's not more than the value of your luggage.
• Does it cover any hazardous activities you want to try? Do not expect a standard travel insurance to cover you for extreme or dangerous sports on your trip. You need to arrange suitable protection. Likewise, if you are not planning to undertake dangerous sports then don't buy cover for them, as you are paying for something that you don't need.
• How much will you be reimbursed? Many policies will limit the amount of money paid to you in case of loss or damage.
• Make sure you have the international helpline number for your travel insurance company, along with a copy of your policy, with you all the time. Also leave a copy with friends or family at home.