INSURANCE DETAILS

Insurance

Insurance Explained

Types of Insurance

Cycling Insurance
Contents Insurance
Life Insurance
Motorcycle Insurance
Pet Insurance
Travel Insurance
Van Insurance

Saving Money On...

Car Insurance
Home Insurance

Other

Contact us
Advertising Enquiries
Homepage

Travel Insurance


One of the most common forms of insurance product is travel insurance.

Wherever there is travel involved, there is invariably risk, and infact a range of risks, and therefore an insurance product to mitigate against those risks is a necessity.

Whether those problems are to do with flight cancellations, flight delays, luggage being lost, or even getting ill or injured abroad, then travel insurance may help. And note the word may here - there are a large range of different travel insurance products and a great deal of different things that they might or might not cover. Therefore it is essential to be accurate about the type of travel you are doing, finding out what can be covered and what can't be covered, then deciding what level of cover you want and what extras you want to pay for to mitigate against the various possible risks. In short, travel insurance is a pretty complicated product!

If you are undertaking particular activites, such as extreme sports, then that clearly needs to be flagged up because costs will be a lot higher as there is a much greater chance of you having an injury when skiing or snowboarding as to, say, walking along the beach. And indeed pricing and policy details will reflect this.

Similarly, different countries have different rates - typically European travel will cost less on a policy than one that covers you for travel anywhere in the world, and particular countries can have greater cost attached to be insured against as clearly travel to some countries has more risk associated than others - and wherever risk is assessed to be greater, the cost or premium of the insurance is going to be greater too.

Clearly on a practical note, the longer you travel for the more chance there is that something can go wrong - you are more likely to get ill or suffer a mishap of some kind if you are travelling for six months than if you are travelling for six days. So it is critical of course that you ensure that you get cover for the full duration of your trip and don't make any silly mistakes - remember to include the day that you travel and the day that you come back from travel in your insurance policy - because if you aren't covered then, well, you aren't covered!

There are so many things travel insurance can cover they cannot all be listed, but think about things such as financial loss due to the trip being cancelled, delays on departure or coming back, loss or theft of property when abroad, the requirement for medical treatment, liability costs if you damage something when abroad and legal expenses therein - and as mentioned above any specialist considerations if you are doing something risky such as an extreme sport.

Related Articles...

Income Insurance
Income insurance is sometimes referred to as income protection insurance. As the name suggests, this product is focused around what you earn from work. This type of policy is something that will...

Van Insurance
Most people know about car insurance, but what about van insurance? Clearly if you drive a van then you need to know about van insurance. There are various different types of van insurance which...

Contents Insurance
Contents insurance is a type of insurance product that covers the items that you have - the contents - of your home. There are a range of different providers of contents insurance out there on...

Property Insurance
Property insurance is a product that applies specifically to property, and has various different types of specific that are subsets of the general umbrella term 'property insurance'. Specific...

Crop Insurance
There are two main types of crop yield insurance available, which come under the category of types of agricultural insurance product. It is self-explanatory what crop insurance guards against -...

Saving Money on Car Insurance
Like with most types of insurance, the car insurance sector is extremely competitive. There are a lot of providers of this product, but also a lot of different factors that are taken into account to...

Motorbike Insurance
Motorbike insurance might sound like a bit of a niche category of insurance, but there are actually a huge number of people who ride these sorts of vehicles, and so even within this there are...

Agricultural Insurance
Agricultural insurance is a niche type of insurance product that is available for those who work in specific areas of agriculture. This type of product could offer piece of mind against various...

Flood Insurance
Flood insurance is a specific product under the umbrella of insurance and it covers - as the name suggests - losses that occur due to flooding. In many cases, this form of protection (flood...

Home Insurance
Home insurance is one of the most common types of insurance product, and anyone who has a home will be familiar with it. Home insurance is usually contrasted with contents insurance, which is a...